What licenses do I need to open a cellphone store?

Question

I'm interested in opening a cellphone store, but want to know what I need? Like where would I get the cellphones from and where I would open a account for carriers and earn commission from opening contracts and so on. 411 about it I perfer a actual person who owns one to answer this. Someone who had hands on expierience will probably get my best answer selection. Thank you.

Answer 1

Of course you would need a business license to have an actual store....But the thing is being an authorized dealer of the vendors like verizon, sprint, cingular.

One thing you should know is that each state has their own set of rules that the dealer must go by...Im from Michigan so giving you the 411 would not help you becase we dont live in the same state.
Good luck.

Answer 2

I actually own an online store and get one-time commissions for new contracts from every major provider, and the phones are less expensive than if you went directly to the provider. However, I do not know how to open a "brick-and-mortar" store. I would imagine that you would have to get a vendor's license from the providers themselves so you can set up shop. If you want info on starting an online store, send me an email. I had a business partner who started a brick-and-mortar shop, but it cost him about $100K to get it started. The good news is Verizon bought him out for a handsome amount.

If you want more info, please contact me privately.