Distribute Phone License For Free

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To distribute cell phones and cell phone service, you must obtain a business license in your city or county, and register with tax officials in your state. ... Each phone you sell usually must come with a cell phone plan.
ALL Mobile Phone Repair BUSINESSES NEED A BUSINESS LICENSE Any Cell Phone Business you open will require a resale license also called a seller permit or state sales tax ID number.
These businesses can cost up to $135,000 or more in start up costs, but this depends on the size of the store, physically speaking. A larger store will have a higher lease, and will require more interior decorating and inventory to make the store seem appealing.
If you average the revenue of around $80 per repair, and you fix 10 devices a week, you can have a revenue of $800 per week. That isn't too bad considering, depending on the device that you repair, the amount of time investing in those 10 repairs could be less than 5 hours.
Phone technicians need as a minimum an associate degree in electronics repair, computer science or a related field. Those specializing in the central office or with commercial machines may need a bachelor's degree.
Learn and get certified. ... Work to gain some experience. ... Estimate the capital required. ... Choose an ideal location. ... Obtain required licenses. ... Employ an expert technician. ... Keep the best, let go of the worst. ... Promote and advertise your business.
A good goal to start with might be ten phones per week (two per business day) with an average profit margin of $50. At that rate you could make $500 per week flipping phones, which amounts to $2,000 per month and $24,000 per year. Double that to four phones per day, and you can make $48,000 per year.
New iPhones and Androids can go upwards of 1000 dollars and even if one chooses to go the leased route, it still means paying $30-40 dollars a month.
Phone flipping is a great side hustle to earn extra cash for you and your family. As you can see, it is an easy way to earn money online. It does take some time to track down profitable phones to resell, but very worth it. If you get good at flipping phones, you can branch out to reselling more products too.
It is vital to know that you will need to have the right amount of money to help you start the business. You can start with around ten phones in a week and grow your stock gradually. If you can manage to sell at least two phones per day and make an average of $50 profit, then you can make an average $500 a week.
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