How do I start an antique business with a small budget?

Many people begin with a booth in an antique mall, which avoids the cost of leasing a full storefront. Start small, learn your local market, and reinvest profits into better inventory as you go.

Buy at estate sales, auctions, yard sales, and flea markets, and focus on categories you can learn well. Keep careful records of what you pay and what each item sells for, so you know where you are making money.

Look into the business requirements in your area before you start. Many states and cities require a business license, a sales tax permit, or resale certificate, and some have specific rules for buying secondhand goods or precious metals. Your state revenue department or a local small business advisor can tell you what applies.