Incense supplier to shops and therapists

Independent gift shops, spiritual and crystal shops, yoga and wellness studios, market traders and online sellers.

You sell at trade prices with minimum order sizes, earning the margin between bulk buying cost and wholesale price. Regular reorders from shops are the core of the income.

• Negotiating with suppliers
• Selling to shop owners
• Stock control and bookkeeping

• Check product safety, labelling and traceability duties for goods you sell on, including when you import
• Check customs duty, import VAT and any limits on protected natural materials with HMRC
• VAT registration once your turnover reaches the threshold
• Cash flow: bulk stock ties up money and shops may ask for payment terms
• Stock storage at home or in a unit: check insurance, fire safety and any tenancy or mortgage terms
• Public liability and product liability insurance

Estimates suggest startup costs are typically around £2,000 to £10,000, depending on how much bulk stock you buy, any repacking or labelling, and your storage and insurance arrangements.

Estimates suggest monthly revenue is typically around £1,500 to £7,500, depending on how many shops and studios you supply and the size of their repeat orders. The estimates assume at least about 10 hours a week.

Check product safety, labelling and traceability duties for goods you sell on, plus customs duty, import VAT and limits on protected natural materials with HMRC. Also check VAT registration at the threshold, insurance, and storage rules for stock at home or in a unit.