How to Become a No Credit Check Cell Phone Dealer

Cell phones are everywhere

The cell phone industry is one of the fastest growing in the world with many new phones, features and applications launched daily. Cell phones are almost necessities, not only for making phone calls but for email and Internet usage as well. Working as a no credit check cell phone dealer is a great way to earn extra income and be your own boss. You can operate this business online, set up a booth at public events or even open your own storefront with many different ways to promote and sell your product.

Things You'll Need

• Business license
• Federal tax ID number
• Resellers license or sellers permit
• Business checking account
• Cell phones
• Service provider

Instructions

1. Apply for a business license with your state by visiting a local courthouse or city hall for the necessary paperwork, or apply online by visiting your state or local government website. Go to Business.gov for specific state license applications and requirements.

2. Register online for an employer identification number (EIN), also known as a federal tax ID number, at the IRS website.

3. Apply for a resellers license or sellers permit with your city, county or state; this will allow you to charge the applicable taxes for items sold and is necessary to legally sell products in most states.

4. Open a business checking account with a local bank. Bring your business license and other identifying documents to a local branch.

5. Search for and contact cell phone dealers, wholesalers and suppliers to gain inventory for your customers. Contact service providers to ensure you have access to the proper cell phone networks.

Tips & Warnings

• Keep a close eye on the expiration dates of your licenses.

• Using an employer identification number (EIN) is safer than using your Social Security number for business purposes. Research wholesale companies before you spend. You may have to pay upfront for phones and accessories.

References

• My Own Business: Incorporating your business

Resources

• Business: Business license information
• Internal Revenue Service: EIN