How to make money repairing phones

Business Ideas Tool. You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering bow with the state. We have put together this simple step guide to starting your cell phone repair business. These steps will ensure that your new business is well planned out, registered properly and legally compliant. A clear plan is essential for success as an mohey. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:. Depending on the location of your shop, most of the costs involved for the startup will be rent and utilities. Some cell phone repair shops operate as kiosks ;hones a male or other heavily trafficked consumer center. These can be more cost effective, but may not have the storage area needed for your business, as it expands and grows. Some businesses operate out of a home and reduce much of the overhead associated with a brick and mortar location.

Make Money Repairing: My Story

Passive Income — Millionaire Mob — December 31, You can make money flipping phones for a profit. However, you need to have a sound strategy that includes certain product types like iPhones or Androids. Making an extra coin is always welcome to a majority of people due to the ever-rising cost of living. If you are looking for a profitable side hustle, then you can start flipping phones for a profit. I take all of my side hustle income and dump it into an investment portfolio that generates additional income. My dividend investing portfolio. I created a dividend investing book to help you get started investing for financial freedom. Click here to download. In this flipping cell phones guide, you will learn how to start flipping iPhones, Androids, old cell phones and more. With this guide, you will be able to start making money right now.

2) Sell the iPhones on Craigslist

You will find that every person in nearly every family across the globe has a phone. Cell phones are also necessary in the business world since collaboration is vital to surviving in business. The use of phones keeps going up since it makes communication in every area of our lives easier. With an increase in demand for phones, it then means phone business is an ever growing industry.

Three Easy Steps to Start Flipping Phones for Profit

So you want to start a cell phone repair business? Well, I don’t blame you. This is a multi-billion dollar industry that requires minimum investment to start and little to no experience. Considering that this is a rather new industry that people are interested in, there aren’t many good resources out there to help get you started. This article is the beginning of 30 to come that will take you step by step through starting your cell phone repair business. Stay tuned for more publications to help you along your journey. There a few ways that you can start your cell phone repair business. The two main models that are popular are a storefront and a mobile repair business. Let’s cover both of them in a bit of detail. The storefront is the best way to start branding your product. It shows legitimacy and puts trust in the minds of your customers. However, the start up costs of starting your own store a lot larger than that of a mobile repair business. Having a storefront allows you to keep all of your inventory in one place as well as allowing you to work on multiple devices at the same time.

The eBook: How to Start a Cell Phone Repair Business From Home

If you get a chance, maybe you could check it out sometime. Though you might need a bit of extra investment, this will prove worthwhile for your business in the long run. Thanks for sharing. The key is finding an arbitrage in pricing: buy low, sell high. I really like your article! The provision of some add-on services like Xerox photocopy , instant money transfer, ticket bookings, etc. Can I am getting your associate link in your host? By using the internet as you do every day, Nielsen invites you to make a difference — and you can make money too. Bad joke, sorry about that. My family andd I are seriously thankful for your generosity and for presenting me the chance to pursue this cchosen profession path. If you ended up getting too much inventory or have an old phone laying around and need cash now then you can easily sell it on Gazelle for cash.

Start a cell phone repair business by following these 9 steps:

Advertiser Disclosure. One thing we can all agree on: Making extra money is always a good thing. Are you looking for another money-flipping strategy to flip your money today? The concept is really simple, buy low and sell high.

I will get more into this later in the article, but my general technique for this one month was buying cell phones from Amazon and reselling them for a profit on Craigslist. Generally, you would find the best deals on Craigslist because you can negotiate down the price and get great deals on cell phones. For this month, I found some great deals on Amazon for used iPhones so I used that source. If you wanted to follow along with my process, click here to search for used iPhones currently selling on Amazon.

I am very familiar with iPhone products, so I felt comfortable buying and selling them. I figure out my target price after I know what the phone is worth. This gives me a good idea of how much the phone is likely to sell. While buying on Amazon I do realize there is some risk involved.

This is a very simple process of making a claim against the seller, and then Amazon will refund me completely and immediately. They will then go after the seller themselves. You can find what the iPhone is selling for and then use eBay completed listing search to see if there is an opportunity for profit.

I should mention that this case study was done in early Therefore, as you probably should know, Apple releases new iPhones every year generally in early September. So you might want to target newer phones than the ones that were available to me at the time. You can usually find a better deal on the model that is prior to the current newest model.

Functional without it by using assistive touch and top button. Original box. No charger or headphones. Phone and Charger only, no case. This phone has 1 small dent and a few minor scuffs along the rim of the case. Screen has minor scratches not noticeable when looking directly on. Price has been reduced over scratches. Listed as iPhone 5s, actually turned out to be an iPhone 5. All accessories may NOT be included and will be delivered in a non-retail box. Shows signs of wear from normal use.

The iPhone has been professionally tested and passed a multi-point inspection for complete functionality.

Phone only, decent condition. Cannot unlock. As detailed above, you can see I purchased one cell phone with a cracked screen. So I made sure to take great quality photos of each phone and used brief and accurate headlines of the phone.

I used Google Voice phone number in all my Craigslist posts, which makes potential costumers feel more at ease knowing they can contact me.

Having a Craigslist-only email address keeps all your Craigslist selling activity separated from day-to-day life. My time is probably the more expensive thing I. I post that in all my ads. If you ended up getting too much inventory or have an old phone laying around and need cash now then you can easily sell it on Gazelle for cash.

This is the easiest way to sell it quickly. You can access the Amazon trade-in program by clicking. Yes, seriously! Also, if you plan on buying these phones on Amazon, you can get extra cash back through Rakuten. Check the value of the phone on eBay and see what sellers are selling their used phones on Amazon or Craigslist. The key is finding an arbitrage in pricing: buy low, sell high. Selling phones requires some work, however, it is very possible and anyone can do it using the steps outlined.

Take a look what is available now, there is money to be made! Try it for. This includes all iPhones of all colors and sizes, sorted by lowest priced. Now get out there and make some money. Have you thought about flipping cell phones or iPhones? They include:. Bad joke, sorry about. Your success with this made me think of the guy that bought SIM cards wholesale then sold them at retail individually. But then I realized your story is less retail arbitrage and more fix and flip.

Do you do the repairs yourself or just go to a local shop? Plus you probably get some buyers that take it at full price without haggling, even better! If you can find the article you are talking about I would love to read about it.

If you get a chance, maybe you could check it out. I am always looking for ways to supplement my income and trying new entrepreneurial pursuits. I did all the fixing up myself!

It always seemed like it was an easy side hustle as long as you have enough capital. Yeah, I would only hold the phones for a few weeks max.

You gotta be quick. Scour the internet, not just Amazon, but eBay, and different classified marketplaces. Look into buying phones with cracked screens, then learn how to replace the screen and get it unlocked and you could sell it for a profit. Good luck! What service or company did you use to remove the lock? Was it a carrier lock?

Had I not unlocked the iPhones via carrier unlocks, I would have not been able to net these profits! I used a service similar to this that you can find on eBay. I noticed that your purchase consists mainly of iphone fives. Is it because the older the model, the greater the price variance and thus potential good deal? I did a quick scan on Ebay for iphone 6, 16GB and found there is no much room for profit.

I did this case study a few years ago, right now I would gun for iPhone 6 or iPhone 6 Plus. I would not advise buying the newest phone as the prices are way too high. Very handful of web sites that take place to be in depth beneath, from our point of view are undoubtedly properly worth checking. Great blog here! Additionally your web site rather a lot up very fast! What host are you the use of? Can I am getting your associate link in your host?

I wish my web site loaded up as quickly as yours lol. I appreciate the kind words. Thanks for stopping by! Excellent website. Plenty of useful info. And of course, thanks for your sweat! This will be the point inn which you will assist the bank to find the short sale approved to get the exact property sold, preventing the home from going into foreclosure.

However, selling or recycling oldd mobile phone units are actually taking place for quite some time. I enjoyed reading the post. I accepted, thinking that it may never work again because of the cost, but I wanted a take apart Samsung to study. One guy even gave one of us his broken iphone 6 in exchange for a free tempered glass on his other phone we just repaired. Have you gotten any more phones that you flipped?

Thanks for sharing. Would you recommend this side hustle to college students? Absolutely, I did it while I was in college and I get a few emails a month from students who are also currently in college and are thinking the same way you are. I like what you guys are up. Such smart work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll.

1) Search and Buy iPhones on Amazon

Every year it seems, Apple comes out with a new phone model so mohey do people do with their old phones? They sell them of course! Years ago, I started flipping phones to bring in extra income. I was single then so had much more time to devote to finding phones and then selling. It can be a time consuming process amke locate the phones and then find buyers. If you have older kids, then this side hustle works better because you can do it while they are at school.

Cell Phone Repair Business — Overview

My favorite way to make money online is by doing paid surveys with Survey Junkie. They will sell it for lower than the market price a lot of the time. You see, they just want to be rid of their old phones. I personally kept my old phone in a shoe box mondy my sister inquired if How to make money repairing phones had phone for her daughter. Sure, that sounds easy enough but where do you actually find a phone to start the process? There are several places to find phones for phone flipping from going online to asking friends and family. You can even start your own business flipping phones like the company Gazelle has gow. Gazelle is a great place to find phones to resell.