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how much money do i need to start up, and where do people with mobile business get their phones from? I mean how do i find a supplier, and what other thing to consider?
I know i have the options to do online business or to open a shop. whats better?

2007-11-17 10:50:18 · 9 answers · asked by Miss J 3 in Business & Finance Small Business

I am currently studying BTEC business and finance level 3

2007-11-17 11:01:43 · update #1

9 answers

For wholesalers the internet is your friend. Just serach for cellphone wholesale, or something like that. Then just research as many places as possible to make sure you are paying the best price. You will probably be able to get cellphones and accessories at the same place but like I said before just take your time and research.

As for starting capitol it would depend on how big of a store you will have. You will need a range of phones and the accessories to fit them. Also you will need to have enough savings to support the store in the first few months of operation because it takes time for people to discover your business. You will need money to advertise, since your young try to get your friends to spread the word. Word of mouth is often a lot better than something like a print ad. I know there are tons of things I left out, so I would ask someone who runs a small business near you just to see what they went through.

I just open a store myself if you have any questions please email me, if I can help I will.

2007-11-17 11:03:14 · answer #1 · answered by Jon C 4 · 0 0

1

2017-01-20 08:16:40 · answer #2 · answered by Judy 4 · 0 0

My mobile phones? What kind of business with them?
If you are going to compete with the big ones like T mobile and AT & T you will need billions of dollars for satellites and then have to find customers not something a single person would usually undertake.
You might be better off just becoming a retailer selling phones from other companies and services from other companies.
If you are just going to sell phones you could buy them from companies that make them but most people get free phones when they sign up for services.
I would suggest getting a job as a retail clerk in a outlet so you can learn all about the services offered and how to change sims cards and things before considering owning a store. A store will cost you the rent, insurance, utilities, inventory, advertising, accounting fee, legal fees. A web based business would need a website, 800 number, and being in search engines and advertising. Why would anyone go to a site to buy from someone other than the official site?

2007-11-17 11:12:46 · answer #3 · answered by shipwreck 7 · 0 3

I would be suspicious too and I would try and find an opportunity to look at the phone. I know that prying in this way is not right but the ethics aside I also believe that when in a long term and committed relationship honesty is paramount and if he is not being honest with you there is the right to know and if that means your own honesty is called to question then so be it. Personally I could live with this sort of prying most folks would be too. Of course he could be ahead of you and delete as he goes. Maybe hide it for a day if you get a chance .

2016-05-24 00:36:39 · answer #4 · answered by karin 3 · 0 0

It's nice to have aspirations and all...but I think this one is a little big for a high school student. You may want to consider some college...and focus on business management, then decide where to go with it all.

2007-11-17 10:54:44 · answer #5 · answered by Carolyn H 4 · 0 1

online is best i would suggest! not as many overheads. have a look for suppliers online, or see if you can contact someone in the same business.

2007-11-17 10:54:32 · answer #6 · answered by needhelp50 2 · 1 0

there are books at the Library on the topic. Called "Becoming an entrepreneur for dummies"

2007-11-17 10:52:53 · answer #7 · answered by ldr-man 2 · 0 2

Good luck I'm also 16 I wish I had that kind of drive xD

2007-11-17 10:53:11 · answer #8 · answered by We can live like Jack & Sally 3 · 1 2

sorry can't help but cool idea.

2007-11-17 10:52:13 · answer #9 · answered by Anonymous · 0 3

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