The number of global cell phone subscriptions is expected to reach 5 billion sometime during 2010, according to CNET. Additionally, a study conducted by the Lemelson-MIT program found that 30 percent of people could not live without a cell phone while resenting the invention. As a result, starting a wireless business can be a lucrative endeavor. To become an authorized cell phone dealer, you must research, register your business and apply to a suitable opportunity.
Register your business. If your business is not registered—sole proprietor, corporation or limited liability company, for example—contact your state’s business registration division. In addition to licensing, you may need to request a sales and use tax license. The license opens a state account for you to pay taxes on each sale. Call your state’s office of finance, business registration division or comptroller.
Research available authorized dealer opportunities. Cell phone companies have several requirements to become a dealer. For example, some cell phone companies require that you own or lease retail space. Visit local retail locations, search online and attend wireless conferences to discover opportunities. When selecting a company to work with, consider how much training is provided, the level of partner support and if the company offers a marketing plan.
Contact the company to discuss the opportunity. Call an account representative to inquire about the opportunity. Make sure you ask about commission
Prepare a distributor application. Collect the required documentation. Cell phone companies require financial documentation for indirect sales partners. Locate your profit, loss and income statements at minimum. Once you select a company, request and complete a distributor application. Make sure you review the application closely and complete it in its entirety.
Submit the application. Contact an account manager or representative with the company you selected.
- cell phone image by Alexey Klementiev from Fotolia.com