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<p>[QUOTE=&quot;cdcda, post: 9594, member: 941&quot;]My recommendation, as with any other business, is to draft a business plan. This plan should include all factors involved with the startup and management of a business - including but not limited to sources of funding, market research, expenses involved with startup and operationg, etc.</p><p><br /></p><p>This forum is a great place to learn about some of the costs involved and I know there is one recent thread started by National Dealer about just that topic.</p><p><br /></p><p>In regards to acuiring inventory, many dealers start as collectors and convert their collection into inventory when they start &quot;dealing.&quot; Others acquire the inventory of another dealer who is leaving or has left the business, others begin with marketing efforts to acquire collections, estates, etc.</p><p><br /></p><p>Personally, my starting inventory consisted of items from my collection, another inventory I took over, and a large and ongoing acquisition effort.</p><p><br /></p><p>In regards to funding, I could be wrong, but I believe you may home some difficulty securing traditional funding to start a new coin business unless you have demonstrated ability in the field - ie, you worked for another dealer for a substantial amount of time, have a well thought out business plan, and a solid marketing plan.[/QUOTE]</p><p><br /></p>

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