Business Idea- Open a mobile showroom in 3 lakhs, earn huge profits

Business Idea- In today’s era, mobile phone is not just a gadget but has become an important part of people’s daily life. From calling to online payment, social media, studies and business – everything has become easy through mobile. This is the reason why the demand for mobile phones is constantly increasing. If you are dreaming of starting your own business in a city like Saharsa, then opening a mobile showroom can prove to be a great option. This business can be started even with limited capital. With a capital of about Rs 3 lakh and proper planning, you can start on a small scale.

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The most important thing is that there is a lot of scope for growth in this business because the demand for mobiles and accessories is going to increase in the coming times. You can expand this business by working hard, having the right location and winning the trust of customers.

Choosing the right location

Location is the most important thing for a mobile showroom. Try to have the showroom near a market, bus stand or a crowded street. In a place where there are more pedestrians, customers will be able to reach easily and your business will grow rapidly.

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Legal formalities

GST Registration

It is necessary to get GST registration before opening a mobile showroom. Without this, you will not be able to buy mobiles and accessories from big distributors. This connects your business to the government’s tax system.

Business Registration

After this, it is necessary to get the business registered. Proprietary registration is the easiest and most economical option at the initial stage. This gives a legal identity to your showroom.

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Distributor and Finance Code

Contact the distributor of mobile brands and get a distributor code. This will allow you to officially sell their mobiles and accessories. If you want to offer EMI or finance facility, it is also necessary to get the finance code of the brand. This is a good way to attract customers and increase sales.

Planning the Initial Stock and Cash Flow

When starting with a capital of Rs 3 lakh, keep a stock of select mobile brands and basic accessories. Gradually keep increasing the stock and cash flow as the business grows. Add new models and offers according to customer preference.

Customer Trust

Mohd Shahnawaz Uddin, who has been running G Electronics in Hatia Gachi for 10 years, says that in this business, it is important to win the trust of the customers first. Good behavior, right price and other things keep the customers connected for a long time.

Showroom Structure & Service Team

Your showroom should be safe and organized. There should be arrangements for record keeping, cash counting and seating for customers. Also, keep a service team that can solve problems like warranty claims and repairs.

Focus on marketing and branding

Use social media, WhatsApp groups and local posters to promote your showroom. Encourage customers to visit again and again with special offers and festive discounts.

Add services for extra income

Services like mobile repairing, screen guard installation and accessories sales can help you earn more money. This makes your showroom a one-stop solution and increases customer loyalty.

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Sweta Mitrahttps://www.timesbull.com/
Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food, and books. For feedback - timesbull@gmail.com

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