eBay Reselling, Make Money, Selling Lego

Whether you’re new to reselling or an aged old pro, whether your full-time or part-time it really doesn’t matter. We all need certain resources to sell on eBay. Which is why I’ve spoken to the eBay reselling community, and together we’ve come up with the ultimate list of eBay reseller resources.

I’ve broken this list down into essentials (the things you absolutely must have to sell on eBay) and additional / extras (these things aren’t necessary, but they will help for one thing or another)


Essentials eBay Reseller Resources 

Bubblewrap – Bubblewrap is going to protect your items and stop them from getting damaged in transit. You maybe able to re-use some bubblewrap you’ve got from previous parcels. Buy a small amount from your local Poundland or  if you’re shipping a large number of parcels a day.

Padded Envelopes – Perfect for books, dvd’s, CD’s, badges, trading cards and other small items. Padded envelopes have a thin layer of bubble wrap embedded to ensure protection. If you’re only selling a couple of items then you can get a small bundle of different sizes online, or a small number of a specific size (a4, a5 etc.) from your local pound store. If you’re selling a vast number of items then c.

Brown Roll – After wrapping you’re items in bubblewrap you’re going to need to cover them in something else so enabling you to write address details etc. . This is an ideal alternative to padded envelopes for some smaller items (although it will take longer, and time is money). However, I use brown roll specifically for large items where a padded envelope isn’t suitable. One example of this would be board games.

Cellotape

Brown Tape

Scissors

Camera – This could be something as basic as the camera on your smartphone.

Digital Scales – To weigh items before listing to ensure that you’re charging the right amount of postage.

eBay Account – If you’re going to be selling items for profit (reselling) then you’re going to need a business account.

PayPal Account – If you’re going to be selling items for profit (reselling) then you’re going to need a business account.

Public Liability Insurance

Internet Connection

Internet Capable Device – Anything from a smartphone or tablet through to a computer or laptop.


Additional eBay Reseller Resources

Tape Gun – Ideal for wrapping parcels quickly this will ensure your brown roll or alternative packing material stays secure. 

Business Cards – I’ve wrote a guide on how to design your own business cards for free. Once you’ve designed your card you can get them printed online via eBay, a private website or even in store at the likes of Staples.

Sharpies

Label Printer – There’s nothing worse than writing an address wrong, if you’re lucky and you realise you can change it. Otherwise you risk it going walk-abouts all together. A label printer will not only minimise human error it will also considerably speed up your packing time – and remember, time is money! If you work from one laptop or computer , however if you’re part of a team c so anyone who is using the WIFI can print. 

Storage Boxes – The type and size of these is likely to depend on the stuff you sell. If clothing then most people , label it, put it in a box , then number the box. Helping them to find that particular item quicker upon sale.

Shelving

Cardboard Boxes

Light Box – This will go a long way to helping you take better photos. . However, if you really want to make your photos pop then  to improve the lighting around your item.

Xero – Accounting can be hard for small businesses or self-employed. Having been both, I know that finding an accountant that understands and letting go of the control isn’t always easy. However, I found having Xero meant that I didn’t need an accountant. Xero imports your transactions direct from your bank account and your Paypal accounts allowing you to easily reconcile them based on the type of purchase / sale. You can read my full review of the Xero platform here.

Microsoft Excel

Royal Mail Drop & Go Account – I’ve spoken about the benefits of this in a video here.

Parcel2Go Account – My international and domestic parcel comparison website of choice.

GoofBid Account – Allowing you to find misspelt items and snipe other eBay listings to resell for profit.

Mannequin – Ideal if you’re looking to sell clothing. This will go a long way to helping you take better photographs.

Disc Repair Machine – This item is certainly investment but if you’re looking at selling CD’s, DVD’s or video games then it’s likely to transform your selling capabilities. While I’ve never personally owned one of these machines I’ve heard great things about the Disc Go Devil.



As always I’d love to know your essential and additional reselling must haves! Let me know in the comments below and I’ll be sure to add them to this list.

0

Amazon Reselling, Clothes, eBay Reselling, Save Money, Selling Lego

Let me start by saying charity shops are AWESOME! 

They are a place to do some good when de-cluttering, and they are a place to grab a bargain when you’re looking for a new book, to up-cycle some furniture or a new outfit. 

However, charity shops aren’t always the easiest things to find. Especially if you’re new to an area. Which is why today I’ll be showing you how to find a local charity shop.

 

Google

Google, is there really anything this search engine giant can’t do?

Simply search ‘charity shops’ and then your destination. Click over to maps and you’ll find the location, name and opening times of every charity shop listed.


This is without a doubt the easiest and quickest way to find charity shops. If you have a smartphone then the search can also be done using the Google maps application. Ideal for charity shopping on the go!


Local Facebook Pages

Facebook. Love it or hate it, it can be a great resource. Many communities have set up groups for people to join and find out information about a particular area. Questions can include; Local events, details in regards to a particular school and community issues and concerns.

All this makes local Facebook pages a fantastic resource if you’re looking for charity shops. Be sure to read the rules of every group first, and then ask away.

While it takes a little longer than a Google search and the responses are going to need collating, you may find a hidden gem that you otherwise wouldn’t of found or some information as to the best times to visit, or what particular shop to go to for specific types of products i.e. furniture or clothing.
 

 

The High Street

Should all the above fail you, then head to the local high-street. I’m yet to visit a town or city without charity shops on the high-street. 

You might not get great charity shops, and they might not have what you’re looking for. But they are a fantastic starting point, into your ‘charity shop hunting’.

Also don’t be afraid to ask in the store if they have any other stores local. You might find that particular charities have stores in neighbouring towns. 


Let me know how you go on finding a local charity shop with these techniques. If you have any hints on how to find a local charity shop then feel free to leave a comment below. In the meantime check out my post on how to find local car boot sales, for other bargains!

0

Amazon Reselling, eBay Reselling, Make Money, Save Money

It is no secret that we all love a bargain and what better place to find a bargain than a car boot. Car boots are easy to find if you know where to look. There are different avenues you can take to finding out where the car boots in your area are. 

Facebook

You can search for local car boot sales on Facebook, simply typing in car boot sale will bring up pages for car boots and groups for areas. This will enable you to find the car boots in your local area, as well as groups that will post about the car boots, start times and locations. 

















Friends And Family

Might sound a simple but don’t put it past your friends and family to know, some car boot sales have been running since my parents were my age and are more than often in the same place and run by the same family or organisation, so this is always useful to know. 

Local Paper

The local paper will have a section in which you can find car boot sales, table tots sales and a smaller one off events that are similar to car boots. Look in the advertisements section for information on location, times and entry fees.

This is also great if the local rugby, cricket or football team have a small stadium or ground that won’t be used all year around, they sometimes lend out space for one-off car boots, this is the kind of information you could find. 

Car Boot Junction

Car Boot Junction is a website in which you can find both indoor and outdoor car boots within your area using two unique ways to search. One in which you choose indoor or outdoor or both, then you choose your county and then the last choose your area. 


The second way to search is using google maps, select from the drop down indoor, outdoor or both, then type in your area or postcode. Click on the cluster to get a closer look and start searching for the car boot for you.


If you guys know of any way to find local carboot sales that we haven’t covered be sure to let us know down in the comments below. Meanwhile if you have enjoyed this post, then be sure to check out our guide to finding charity shops.

0

eBay Reselling, Make Money

We’ve all been there… You’ve found an item you REALLY want but it’s marked as ‘pick up only’. For a brief period of time you debate driving the 600 mile round trip, but more often than not realise that’s total insanity. 

Just like that you’re dreams of that perfect item have disappeared – or so you thought.

Well what if I told you there was a solution that didn’t mean you had a 600 mile round trip?

Let me introduce you to Shiply. An super awesome company, powered by an amazing online tool that completely removes the hassle and stress out of purchasing ‘pick up only’ items.


Before you buy that ‘collection only’ bargain get yourself a free, zero obligation quote on Shiply. Head to the website, and select the genre of your item. 

Fill in a form that will take you less than 30 seconds, and just like that delivery companies, one man and a van bands will begin bidding to collect this item for you.


You’ll instantly be able to see details about the person or company proposing to collect your item, as well as reviews from other Shiply customers. Giving you peace of mind that your item is in safe hands!

An with over 102,334 transport providers you can be assured that you’re going to be getting the very best deal. Here’s just a small example of the different items that have been transported for Shiply customers.


Shiply is basically eBay for couriers
, I love the concept and will definitely be using it in the future when purchasing joblots online. Especially since I no longer have a van. 

As always, I’d love to know what you guys think. Have you used Shiply before? Maybe not for eBay but for a house removal? Have you used a service similar? or are you considering checking Shiply out in the near future? Let me know in the comments below.

Collaborative Post

2

Amazon Reselling, Blogging, eBay Reselling, Everything Else, Everything Else, Freelancing, Selling Lego

I have a whole host of different business cards for different purposes;

One for my Lego business. It contains the online website, contact details and social media contacts. It’s great to give to customers at shows and include within our online orders.

Another for the reselling that Helen and I do together. It contains a short list of the types of items we buy along with some contact details. It’s great to hand a couple out to people we speak to at the carboot or leave some in our local post office for those cleaning out and looking for some quick cash.

We both have business cards for our blogs. To pass onto other bloggers at networking events, or to leave with PR and marketing advisors who might want to work with us on different projects.

With all that in mind, it’s a good job I’m able to design a free business card myself using Canva. When starting any business money can be tight. The last thing you want to be doing is spending money unnecessary. Using Canva to design a free business card is simple, straight forward and a great way to save yourself some cash.

An just because the designs are free don’t think they are not;

A. Professional
B. Cool and modern

Because in my opinion they’re both. Just take a look at the sample below;



Load Canva

To get started you’re going to want to load the Canva website. What I love about Canva is there’s nothing to download, patch, upgrade and install. Instead it’s there, ready to use when you need it (internet connection required)


Once you’ve loaded the website you’re going to want to sign up. You can do so using Facebook, Google or Email. It doesn’t make a difference which you choose.

Select Your Design

Once you’re logged in you’ll be shown to the ‘All your designs page’ this is where your completed designs will be stored (thanks to the cloud) for you to edit and update in the future should that be required.

What we’re concerned about is the panel at the top. Create a design. You’ll see a small selection of different options as well as the more button. Click on that and the create a design will expand.

How To Design Your Professional Business Card For Free Using Canva
In this instance we’re looking to design a free business card. Scroll down to find the marketing genre, within that you’ll see the business card option. Click on it and you should find it opens a new tab within your browser.

 


Select Your Layout

Now we’re into the design stages of the business card. Specifically the layout. Canva comes pre-installed with over 100 different business card designs. All designs are two pages (designed for double sided business cards)

You can select the layout by scrolling down on the left hand side and clicking on the design you would like to use.



How To Avoid Paid Designs

Some designs will be labelled as free. However once selected they’ll come up with a small ‘$’ icon. This is specifically due to the image used within the design. You’ll be able to note the image that is requiring payment due to the watermark.

If you simply remove that image, or change it to another image (either uploaded yourself or from Canva’s catalogue of free images) then the design will be free to download.


Customisation

Now it’s time to customise. Add images, add text. Change the font, change the size, change the colour. There’s really no limit and plenty of options to choose from. 


Download Your Design

Once you’ve finished you’ll be able to download your design. There’s a number of different download formats available including PDF and JPEG. 


The design will then remain in your account for you to change and update in the future should you wish to do so.

There we have it. You’ve just designed yourself a highly professional free business card in a matter of minutes. If you’re interested in seeing more Canva tutorials in the future or have any questions as to this tutorial leave me a comment and I’d be more than happy to help.

0

eBay Reselling, Selling Lego

More and more of us are setting up home businesses, with the aim of quitting the 9 to 5, spending more time with our families and minimising overheads and expenses.

However, space in your home aside. One thing I personally struggled with was keeping my home business secure. At one point, the value of stock kept inside my house was worth more than my house. So I know first hand the importance of home business security. Which is why I’ve dedicated today’s post to learning how to keep your home business secure;

Shred Paper Waste

Before I became self-employed I was lucky to get one letter in the mail. However, as my business grew, and I became a company director I found myself getting three or four business related letters a day. Everything from letters from accountants, to the bank.

You can’t simply throw this paper in the bin. Criminals can easily access and use the information it caries. Which is why you should make a routine of locking away all personal or confidential information both online and in physical form.

Alarms are one thing, but what happens to that alarm when nobody is around? 

Your alarm could be going off but more often than not nobody seems to care… Which is why I’d choose a security cameras. Y-cam provides a range of internal and external cameras,

The Y-cam EVO films motions detected in your home using it’s super wide angle lens. You can receive alerts direct to your mobile phone when motion is detected. You’ll also be able to record and play back footage and sound of that very movement wherever you are in the world.

Set up is simple and straight forward (I managed to set up our EVO in a matter of minutes) and playback using the Y-cam EVO application is simple, straight forward and provides everything you could ever need.

 

 

Using A Registered Business Address

The internet makes it pretty easy to find out exactly where you live and the estimated value of stock you have. Which is why I’d always recommend looking into an alternative address (often referred to as a registered business address).

Using this information on your official stationery, website, invoices etc. Will really go a long way to increasing your privacy and keeping your home business secure. If you’re unsure of where to start then speak to your speak to your solicitor or accountant and see if you can use their office address as your registered address – many include this within a service offering. If that fails then look at opening an PO Box.

We’ve spoken about the physical storage issues, but what about the digital?

. Being sure to keep the software and other programmes and applications up to date. 

Also be sure to keep your family devices and work devices separate to minimise the exposure to any threats.
 
There are just some of the ways you can keep your home and business secure. If you have a Y-Cam or a security system let me know in the comments how it has worked well for you? 

In the meantime if you think there’s any security issues I’ve not covered be sure to let me know!

0

Amazon Reselling, Blogging, eBay Reselling, Everything Else, Freelancing, Selling Lego

I’ve been submitting a self assessment tax return for over five years now. At a time it was a rather daunting task for 20-something however, thanks to new cloud software such as Xero this process has been made simple and straight forward. While my tax affairs have become more complicated in recent years forcing me to hire an accountant.

 

For a long time I committed to becoming a ‘Jack of all trades’ and saved myself some serious cash by doing so. April marks the end of the tax year once again, which is exactly why I want to share with you the very basics of a self assessment tax return. I hope that by doing so I can help you to save time, money and hassle.  

Who Needs To Complete A Self Assessment Tax Return?

Not everyone needs to complete a tax return. The majority of UK tax payers have their tax collected at source through the Pay as You Earn Scheme. This is where employers run a payroll scheme that deducts the correct amount of tax and national insurance each month.

 

The employer is then legally obliged to pay this amount over to HMRC every month or every three months depending upon their size. There are however many reasons as to why 7 million people in the UK need to submit a self assessment tax return to HMRC.

 

Below are the most common;

Income above £2,500 from Land or Property
Company Director or If you are self employed
Income from a pension and a salary 40% income tax payer and have savings income
Receive an income from investments that are not taxed at source.
Income from foreign sources Income subject to capital gains tax.

 

Just remember this is just a few examples. If you are unsure as to whether or not you should be completing a self assessment contact HMRC directly.

 

When Does The Tax Year Start? And End?

The tax year runs from the 6th April until the 5th April each year.  

When Do I Have To Submit My Tax Return?

I believe the deadline is very generous. HMRC give you until 31st January to submit and pay your return. That’s around 10 months!

 

Yet many still fail to meet that deadline and by doing so receive penalties for doing so. Many of us also leave it to the last minute. Causing unnecessary stress and running the risk of being unable to submit the return on time.

Save yourself from this self assessment embarrassment  

How Much Does Submitting A Self Assessment Cost?

If you’re willing to put in the graft and do all the work, record keeping and mathematics yourself then submitting your self assessment tax return to HMRC is totally free. However, remember time is money and it’s often all about finding the best of both worlds.

 

You can outsource your self assessment return entirely to a bookkeeper or accountant. This could cost anything from £300+ per year. It’s entirely dependent on the accountant you choose and your personal circumstances.

 

However, I found the middle ground for myself was using the cloud based accounting platform Xero. It cost less money than an accountant, but also required less work than doing the entire thing myself. Time vs Money for me personally it was a winner!

 

Where Can I Learn More About Self Assessment?

I remember when I first went into the world of self employment. It was a first for anyone in my family, and being young at times I found it confusing and hard to understand. HMRC knows this is often the case regardless of your situation which is why they host regular webinars.

 

Just remember that if you’re confused or for whatever reason don’t understand you should always contact an accountant or HMRC directly. They’ll be able to tailor the answer to your particular circumstances, ensuring that you’re always submitting your self assessment forms correctly.   I hope this latest post has given you some insight into submitting your own self assessment tax form.

 

The most important thing to remember is to complete your form as early as possible, and keep on-top of your record keeping. This is going to really reduce the time it’s going to take you to complete your return whether you choose to use an accountant, cloud based accounting services or do it yourself.

0

eBay Reselling
 Today I'm joined by Emma Drew from EmmaDrew.info. This year her and her husband have taken up reselling on eBay. I'm excited to have her share five things she's learnt during her first month with you today

Today I’m joined by Emma from EmmaDrew.Info. After seeing the thriving reselling community here in the UK Emma and her husband followed in our footsteps. They’ve set out to diversify their income by selling on eBay. I was eager to find out what Emma learnt in her first month on eBay and asked her if she would share it today.

 

Inspired by the reselling community (I’m sure you have seen Cora and Helen’s videos!), my husband and I have decided that 2017 is the year that we try our hand at eBay reselling. We started in January and we learned a lot during our first month.

 

If you aren’t sure what eBay reselling is, it is where you purchase an item (usually from a charity shop, car boot sale or auction, although there are plenty of other places where you can source your items from) and resell it for a higher fee.

 

Here are 5 things we learned in our first month of eBay reselling.

 

You need a business account on eBay

This seems really obvious, but a lot of people don’t know it. You must have a business account on eBay if you are selling items that you have purchased specifically to resell. You have two options here – you can either convert your existing eBay account into a business account, or you can start a new account from scratch. We decided to start a new account from scratch, since neither of us wanted to let go of our personal eBay accounts.

 

A business account is different to a shop, and you don’t need to open an eBay shop, although you might find it really beneficial to open one. We have opened a shop because it is much cheaper than paying listing fees for every listing, although this might depend on your circumstances.

 

Don’t forget that you will also need to register with HMRC to complete an annual tax return and pay any taxes owed.

 

There are some rules on eBay that go alongside having a business account – your address will be displayed on your listings (more about this in a moment) and you have to accept returns in order to comply with the Distance Selling Regulations.

 

You are restricted to how many items you can list

In order to protect buyers, eBay place restrictions on new accounts and these restrictions also apply to new business accounts.

 

In our case, we were limited to 100 listings per month. It didn’t impact us within the very first month where we focused a lot more on sourcing, however, once you have some sales history and feedback, it is pretty easy to get this increased.

 

As a business eBay seller, you will have access to someone at the end of a phone who can look to increase the restriction. You can find out more about eBay’s listing restrictions here. It took us about 20 minutes on the phone to get our listings increased to 350 a month, and we can look to increase this again next month, based on our selling performance.

 

If you are converting your personal eBay accounts into a business account, and you have sold items in the past with positive feedback then your account is less likely to be restricted.

 

Your address appears on the listings

Part of the rules surrounding eBay business accounts is that you need to display your address on your eBay listings.

 

Surprisingly, you can’t even use a PO Box. If you are really concerned about this then you can consider getting a virtual office, however, the majority of the time it isn’t an issue. I asked some UK resellers if they had ever had any issues with displaying their addresses on listings, and two points were raised.

 

One was when a buyer turned up unannounced to collect their purchase, and someone else raised concerns about putting your eBay shop on holiday with your address shown might be a bit dodgy.

 

Sourcing is hard work

When you watch reselling hauls on YouTube you don’t quite appreciate how much hard work goes into sourcing. It took us a lot of trial and error to find out where the decent places to go are, and the places that are just rubbish.  In our first month we travelled over 250 miles to source items, and a lot of the places are now struck off our list.

 

As well as travelling and scouring charity shops, auctions and car boot sales, we have also spent a lot of time trawling Facebook selling groups and eBay itself for items to purchase.

 

This is before mentioning how grubby it can be! I carry hand sanitiser with me everywhere I go now, because after a good rummage I always feel dirty!

 

Fees and postage add up

I’m not new to selling on eBay, and yet the fees can be really off putting at times. For example, we bought an item for £2 and sold it for £62.99. Our overall profit was then just £50 after we paid for postage, listing fees, final fees and Paypal fees.

 

It means that when we are sourcing items, we need to remember to account for these fees. There is still plenty of profit to be made, so don’t be put off, but do be aware of them.

 

So there you have it, 5 things I learned in my first month of eBay reselling. If you are interested in keeping up to date with how we progress, we have a dedicated eBay reselling Instagram account, we do haul videos on YouTube and I also produce a reselling monthly report.

0

PREVIOUS POSTSPage 1 of 2NO NEW POSTS