Business

Reviewed and revised — 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. A consignment business sells goods under an arrangement with their owner. Before accepting stock, make clear who owns it, who can make decisions and how the proceeds and costs are shared. Choose a workable scope Start with categories you can assess, store and fulfil reliably. Consider condition testing, authenticity questions, packing, returns and the likely effort per item. A high asking value does not establish a profitable transaction. ...

Reviewed and revised — 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. A sale above purchase cost is not automatically a profitable item. Marketplace charges, shipping, refunds and the work involved can change the result substantially. Name the measure Markup compares the difference with purchase cost. Gross margin compares it with revenue, using a defined cost-of-goods basis. Contribution after selling costs is another measure. None of these is automatically net business profit after overheads. ...