In the first part of this mini-series on how to make money buying and selling used cars in the present economic conditions, we examined which sort of person is fit to set up a used car business. In this part, we will look at where to actually set up your used car business.

So, how do you go about establishing your own used car business The first issue to comprehend is that no matter whether you are setting up a part-time or full-time business, your customers and the government will expect you to behave and conduct your business in a professional manner and they have every right to do so.

If you do not conduct yourself appropriately, you will present a bad impression to your customers and get a bad reputation with them and you will get a bad standing with the taxation authorities and maybe the health and safety people as well and be hassled by them with more that the average number of check-ups.

Read the rest of this entry »