As for what I am looking to sell, I have not done enough research to decide as of yet.
I need to consider what quantity of items I need to be shipping to achieve the before mentioned goals, based upon the contribution or gross profit percentage per unit.
I also need to decide on who my customers are, or which customers I will be particularly targeting, and where my first sales will be based. eBay was the first idea but after reading about some of the costs involved in setting up a website, I think that I may set a website up from the get go.
The only market I have had any (and it was very little) is jewellery, but luckily my partner was quiet knowledgeable in that area.
However I am open to ideas, if sellers on the forum wish to pitch them, I am happy to try out any market, however with limited funds it means that I will likely only be able to buy a smaller quantity initially and market them purely on eBay or possibly locally.