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<p>[QUOTE=&quot;beef1020, post: 1778388, member: 24544&quot;]Most businesses are cash constrained.&nbsp; Your example is exactly why they offer low prices when they buy coins.&nbsp; If they have 10k out on a coin they either have to be able to sit on it for a while to get full price, which ties up capital and hurts cash flow, or they have to get it cheap enough to turn it quickly.</p><p>&nbsp;</p><p>To you question about how much cash you need, depends on what type of dealer you are.&nbsp; If you want to be a part time vest pocket dealer I imagine you could start with $100. </p><p>&nbsp;</p><p>If you want to be full time I imagine you need quite a bit more.&nbsp; I would consider 15% profit margin after all expenses would be a reasonable goal, so if you want to make $50,000 in a year you need $300,000 in yearly revenue.&nbsp; Assuming you are turning over your entire inventory every quarter, which is probably unreasonable, you would be looking at $75,000 in capital.&nbsp; I know this is simplistic, if you dealt in bullion your profit margin would be lower but the turnover rate would be higher.&nbsp; You could make the money via consignment/buyer&#039;s fee instead of through inventory, etc...[/QUOTE]</p><p><br /></p>

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