The basic business model states that for an owner to make money, they must provide a product or service at a higher fee than their costs. Looking at it from a different perspective, if you are selling products, you are buying items at a reduced cost and reselling them at a higher price.

Many business owners buy small amounts or one-of-a-kind items to resell to their customers. But there is a whole other kind of product buying and selling going on - one that can net a significantly larger profit: buying bulk from closeouts, inventory sales or liquidators.

This type of buy-sell relationship is usually termed bulk reselling, and it