Toshiba Phone System

How to open a business selling pre-owned books or cell phones?

I am looking for any information concerning either of these ideas. I am considering them both because there is not a lucrative business where I am located for neither of the two. Which of these would have a greater profit margin? Which one would be easiest to get inventory for? What licenses, authorization, or accreditations would I need? Thank you to anyone who can provide me with some form of information or lead to get information. Also, I am located in Mississippi. I'm not sure but maybe that would affect some answers. Thanks in advance.

Public Comments

1. I am not familiar with the used book market, but the wireless business can be very profitable. Depends on how big your city is and how the coverage is in that area. Hard to believe that there is no wireless store in any city anymore. Find the service that the consumers that are in that area is most interested in and then contact that carrier. You could call any retail store and ask for a contact in the 'indirect' channel. They usually require capital investment and a good credit history. Make sure you find a good location that is easy to find and has good visibility from a major road in the city. Stores that in bad locations struggle. It is worth the extra rent to get a good location. One of my clients has a college textbook business and they do very well buying and selling college text books. So used college books can be a great business also if you are in a college town.