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5 reasons Most New Cell Phone Business Owners Fail In Year 1

Date post: 22-May-2015
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http://syncmobiledealer.com - Learn just why most new cell phone business owners fail in the first year. We show you the best way to start a cell phone business offer the top prepaid carriers under one roof. When you open a cell phone business there are some key components to getting it done right the first time. You can spend tons of money on starting a cell phone business and still loose money if you do not have the correct information on how to start a cell phone business. The best way to learn how to open a cell phone store is to work with a cell phone master agent to help you learn the keys to starting a cell phone business. If you need to start a cell phone business be sure to explore all your options. Call 888-409-8505 ext 704
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5 REASONS MOST CELL PHONE BUSINESS OWNERS FAIL... SYNCMOBILEDEALER.COM || 888-409-8505
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Page 1: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

5 REASONS MOST CELL PHONE BUSINESS OWNERS FAIL...

SYNCMOBILEDEALER.COM || 888-409-8505

Page 2: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

LOCATION

● Are You Visible? (Does Your business Stand Out?)

● Easy Access (Do You have Good Parking, Are You Easy To Find, Can Your Customers Reach You?)

● Heavy Foot-Traffic (Are You Positioned Near Other Businesses That Get Organic Foot-Traffic?)

● Monthly Overhead (Don't Spend All Your Income On Rent)

● Directory Listings (Are You Listed With All The Major Business Search Directories Via Web, Apps, Websites)

Page 3: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

INVENTORY

● Only Stock Whats Selling● Never Over Spend

(Trying To Keep Up With The Trends)

● Do You Have Variety (Offer Products That people Can Afford)

● Competitive Pricing● Work With Solid Wholesalers ● Offer A Warranty or Insurance

Page 4: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

THE KEYS TO ORGANIZATION

● Managing Stock Levels● Understanding Your Products● Swift Transaction Processing● Information Over Load● Never Spread Your Self To Thin

(Don't Take On More Than You Can Manage)

● Customer Management● Invest In A Good POS System

Instead Of A Cash Register (Best for inventory & customer Management

Page 5: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

THE RIGHT TOOLS FOR THE JOB

● Invest In Whats Needed To Operate Your Business (This is not the time to cut corners)

● Use Tools To Help You Multitask (Every Second Counts)

● Delegate Duties To Employees● Identify Hardware & Software

(Technology Can help you Excel)

Page 6: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

THE 5 SELF DISCIPLINEDO YOU'Z?

● Are You Self Motivated?● Maintaining Hours Of Operation● Take The Time To Educate Your Self● Remember The Customer Comes First● Identify & Remain Focused On Your Core

Products

Page 7: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

COMPENSATION

● Free = Low Compensation (Invest in your inventory to see greater returns)

● Think Residuals (Make a Sale & Get Paid For The Life of The Customer)

● Work With Wholesalers Not Resellers!● Only Stock What You Can Sell

Page 8: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

TAKE AWAY

● Know what you are looking for before scouting locations!

● Seek Advice On Inventory Selection and Trends

● Learn How To Maximize Your Income (Think Residuals & Related Products or Services To Offer)

● Value Both You & The Customers Time By Staying Organized

● Stay Motivated By Constantly Evaluating Your Own Work Educate

Page 9: 5 reasons Most New Cell Phone Business Owners Fail In Year 1

Created By. Doug Smith 7 yr Cellular Phone Business Development Consultant

SYNCMOBILEDEALER.COM

888-409-8505 EXT 704

[email protected]


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