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Surplus Merchandise, the Direct Under Wholesale Source
The Austin Business Journal reported about a firm that ”buys and resells merchandise that has been closed out, overstocked or discontinued…to a wide range of retail outlets, from mom-and-pop shops to multinational chains such as Wal-Mart..”.
Businesses everywhere struggle with changing buying habits, business costs and government regulations.
Fads in clothing, toys, electronics, computers, furniture styles and eating habits change. Consequently, new unsold merchandise takes up warehouse space and ties up capitol.
Surplus liquidators buy inventories of unwanted, obsolete or excess merchandise, often as low at .10 on the dollar, providing a cash injection for the seller. This merchandise is then resold at prices substantially below
wholesale. One way to source surplus merchandise is to search the Directory of U.S. Importers and Exporters, available in many public libraries.
Purchased in small quantities these products can be retailed or sold at auctions for substantial profit. And for the savvy surplus finder a substantial payday can result.
Dr. B James C Bruno
info@surplusopportunity.com
http://www.surplusopportunity.com
All Rights Reserved 2003
The author owned and operated a wholesale surplus merchandise business for more than 11 years.
info@surplusopportunity.com
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United States Small Business Administration |
An electronic gateway of procurement information for and about small businesses. Search engine for contracting officers, marketing tool for small firms, ... |
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SBA |
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Yahoo! Small Business: Domain Names, Web Hosting, E-commerce ... |
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Business & Small Business |
Online and print small business publication. Information to help start, grow or manage a small business. |
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Microsoft Small Business Center |
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SCORE "Counselors to America's Small Business" |
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Small Business Service | Home |
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Small Business Funding Opportunities (SBIR and STTR) |
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grants.nih.gov |
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Microsoft bCentral Small Business Directory |
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