1. Initial Inventory: A sufficient stock of electronic items, such as smartphones, laptops, TVs, and accessories.  2. Storefront or Online Platform: A physical store or e-commerce website to showcase and sell products.  3. Funding or Capital: Adequate funds to cover initial inventory, store setup, marketing, and operational costs.  4. Credit Facilities: Arrangements with suppliers or financial institutions to offer credit to customers.  5. Point of Sale (POS) System: A robust POS system to manage sales, inventory, and customer data.  6. Inventory Management Software: A system to track inventory levels, monitor sales trends, and optimize stock replenishment.  7. Marketing Strategy: A plan to attract customers, build brand awareness, and promote products.  8. Sales and Customer Support Team: Trained staff to assist customers, answer queries, and handle sales and after-sales support.  9. Security Measures: Implement measures to prevent fraud, secure customer data, and protect inventory.  10. Accounting and Financial Management Tools: Software or systems to manage finances, track credit sales, and monitor cash flow.  11. Legal and Regulatory Compliance: Obtaining necessary licenses, permits, and complying with consumer credit regulations.  12. Insurance Coverage: Consideration of insurance options to protect the business from potential risks and losses.