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Leasing a phone is similar in concept to monthly installments, as you pay a specified amount per month—the main difference between the two is that you won't keep the phone at the end of a lease, whereas the phone is yours when paid for through monthly installments.

You want to make sure you have a solid business plan but not just one but many,incase the first one fails. Find Good Location. Apply For Business License. Inspect Wireless Carrier In Your Area. Find Master Dealer. Click here to become a cell phone dealer.

Signing up for a cell phone contract means you pay a monthly fee for a fixed period of time. Most contracts are set at 24 months and provide customers with a monthly allowance of calls, data usage, and texts.

Contact Cell Phone Companies Specify that you want the opportunity to set up a website through which to sell without having to stock phones. With this set up, customers can order through your site and the company will ship phones directly to the buyers.

A refurbished store works in 3 simple steps: Source for old gadgets from suppliers. See that they have only minor defects like scratches. Refurbish them so they are in great condition. ... Sell them to customers with at least six months warranty and at low price points.

Selling your phone is safe and easy Swappa is the best way to sell your phone online and get paid fast. Swappa lets you buy and sell directly with other users, so sellers make more and buyers save more. Get paid as soon as your smartphone sells, without waiting for your money!

A good goal to start with might be ten phones per week (two per business day) with an average profit margin of $50. At that rate you could make $500 per week flipping phones, which amounts to $2,000 per month and $24,000 per year. Double that to four phones per day, and you can make $48,000 per year.

T-Mobile Carrier Freedom. Bring your eligible phone with you and we'll reimburse your remaining phone payment balance when you switch from select carriers (including Verizon and AT&T) to T-Mobile – up to $800/line (up to 5 lines) via virtual prepaid card.