Communications Store
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Franchises Available? Yes
Online Operation? Yes
Stake your claim in the multibillion dollar communications industry by opening a communications store. Stock and sell items such as residential and business telephones, fax machines, pagers, Palm Pilots, cell phones, and accessories. Ideally, you'll want to secure an authorized agents agreement for the wireless side of the business. Securing this type of agreement should not prove difficult given the vast number of communication companies now providing paging, cell-phone calling, and two-way radio systems. Locate the store in a highly visible area of your community like a store or kiosk in a mall or a storefront on a major street. Additionally, be sure to employ outside salespeople to cold call on businesses in the area to bid on their communication product and service needs. In most cases the salespeople you hire will be more than happy to work on a commission-only basis due to the earnings potential for these types of sales. Thus you'll be able to maintain minimal overheads, while having the potential to increase revenues via your outside sales contractors.
The Market
Customers will be anyone looking for a cell phone, page, fax machine or other type of communications device
Communications Store Ideas
Photograph Restoration Service
People will appreciate having their cherished photographs look picture-perfect again.
Mobile Computer Training
Prevent employees from having to leave their office by taking computer training to them.
Free Internet Terminals
Start a key electronic resource for others.
More from Business Ideas
How to Transform Your Idea into an Empire in 5 Steps
Drawing from personal experience and real-world examples, the article outlines five proven steps to help entrepreneurs transform their vision into a thriving empire, from identifying market needs to effective product development to ensuring long-term profitability.
Free Webinar | October 23: Taking Control of Your Life Through Franchising
Ready to be your own boss? Join our webinar on 10/23 at 2pm ET to learn how being a franchise owner can allow you to take back control of your daily schedule and stop working for someone else. Register now!
Agile Project Management — 4 Key Strategies for Navigating Complexity and Driving Results
There is no way around it, efficiency is crucial for project success. Agile principles allow teams to easily navigate complexity, breaking down projects into manageable tasks.