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Auctioneering business refers to coordinating the auction process, evaluating items that are being sold and traded, advertising them and coordinating the bidding process.
This business can be started in any niche. It serves both buyers and sellers.
● Online auction website business;
● English auction service;
● Dutch auction service;
● Vickrey auction service;
● Reverse auction service;
Tools & Equipment
Starting an online auction website is an easier option. In this case, this business can be run from home.
When it comes to starting an offline business, you will have to get a license, establish an auction house, ensure the safety of items and participants.