Online refurbished computer reseller

Students, families on a budget, home offices and small businesses that want working computers for less than new prices.

You sell each machine for more than you paid plus parts and fees. Extra income can come from upgrades such as added memory or a new drive, and from short warranties.

• Basic computer repair and testing
• Spotting good deals when buying stock
• Clear listings and photos
• Customer service and handling returns

• Securely wipe all customer data and keep records of how you did it
• Check your state's rules on sales tax registration and whether marketplaces collect it for you
• Check software licensing: only sell machines with legitimate operating system licenses
• Check general liability and product insurance options
• Check your state and city rules on electronics recycling and disposal of parts you can't resell
• Check HOA or lease rules and any home occupation permit if storing stock at home
• Tie up cash in stock that may not sell quickly

Startup costs are typically around $500 to $3,000, depending on how much stock, parts and testing equipment you buy. These are estimates. Remember that cash can be tied up in stock that may not sell quickly.

Monthly revenue is typically around $500 to $4,000, depending on the machines you source, your prices and how quickly they sell. These are estimates, and results will vary with your stock and sales channels.

Check that you securely wipe all customer data and keep records. Also check your state's sales tax registration rules, software licensing for operating systems, insurance options, e-waste disposal rules, and any HOA or home occupation requirements.