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How do I Start Up A Mobile Phones Sales Store - Business - Nairaland

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How do I Start Up A Mobile Phones Sales Store by COdeGenesis: 7:59am On Mar 08, 2021
Dear Nairalanders,

I recently got a loan of 1.5Mn from my dad to establish a business. I thought of starting up a business to sell mobile phones. I need advice on how to go about the business and if it is profitable. Thanks
Re: How do I Start Up A Mobile Phones Sales Store by GRACEGLORY: 8:37am On Mar 08, 2021
COdeGenesis:
Dear Nairalanders,

I recently got a loan of 1.5Mn from my dad to establish a business. I thought of starting up a business to sell mobile phones. I need advice on how to go about the business and if it is profitable. Thanks




You need to get business mentoring: Before you start the business, you need to be tutored by a person running that same type of business. You need to learn how to identify marketable phones.

You need to get business mentoring, and that you won’t find online, you have to seek them on ground. Approach the market, you’d find a mentor.

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Re: How do I Start Up A Mobile Phones Sales Store by nifemi25(m): 8:54am On Mar 08, 2021
I will advice you don't invest in the business you knows nothing about....calm down and look for someone who is professional in the line of business and consult him..
Re: How do I Start Up A Mobile Phones Sales Store by Gbagura: 9:00am On Mar 08, 2021
COdeGenesis:
Dear Nairalanders,

I recently got a loan of 1.5Mn from my dad to establish a business. I thought of starting up a business to sell mobile phones. I need advice on how to go about the business and if it is profitable. Thanks
Phone accessories are more profitable than selling phone itself. You may go 2-3 days without selling one phone but accessories sell daily. Moreso, go learn from someone already successful in the biz and locate a fertile location to set up your shop. Then you're good to go.
Re: How do I Start Up A Mobile Phones Sales Store by COdeGenesis: 12:52pm On Mar 08, 2021
GRACEGLORY:





You need to get business mentoring: Before you start the business, you need to be tutored by a person running that same type of business. You need to learn how to identify marketable phones.

You need to get business mentoring, and that you won’t find online, you have to seek them on ground. Approach the market, you’d find a mentor.
Thanks alot. I appreciate.
Re: How do I Start Up A Mobile Phones Sales Store by COdeGenesis: 12:53pm On Mar 08, 2021
nifemi25:
I will advice you don't invest in the business you knows nothing about....calm down and look for someone who is professional in the line of business and consult him..

Okay, I will. Seems everyone is suggesting this same thing.

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