If you want to learn how to make money, then you should learn how to sell used laptop computers from home. There are thousands of laptop computers that are discarded each year. To become successful in this home based business, you must be able to communicate effectively so that you can get the lowest price possible on the laptops. You will be buying used laptops from garage sales, computer repair shops, pawn shops, and individuals. Then, you will resell the used laptop computers from home and make a profit.
Things You’ll Need:
$1,000 Cash
Reliable Transportation
Laptop Repair Manuals
Step 1 Learn How to Repair Laptops
Study and learn as much information as you can about how to do basic laptop computer repairs. Talk to laptop repair technicians to find out how they got into the computer repair business. Take their advice so that you will be able to reduce the repair costs and increase your profit margins. Read PC World Magazines or PC Today Magazines to keep you well-informed about the industry.
Step 2 Apply for a Business License
Apply for a business license to sell used laptop computers from home. Go to your city hall building and fill-out your application. Visit your state’s revenue department official website to register for a tax identification number. Make sure you call (800) 829-1040 or visit the Internal Revenue Service website at Irs.gov to get a federal tax identification number. Use these numbers to pay your taxes.
Step 3 Buying and Selling Laptop Computers
Call computer shops in your home town to help you learn how to sell computers from home. Try to contact the owner or someone that has power within the business to sell laptops. Let the owner know that you are calling to purchase a used laptop. Make sure that the laptop is operating properly. Purchase the laptop at a low price and resell it at a 30% mark-up or higher. Repeat the process as many times as possible and you will make money selling used laptop computers from home.
Tips:
Always search for low cost laptops so you can sell them at a higher price.
Contact computer manufacturers to find deals on laptops.
Get a technician to repair devices that you can not fix yourself.
Warnings:
Do not sell products to customers that are not working properly.
Offer at least a 30 day money back guarantee just in case a laptop stops working.
Use good judgement when trying to obtain a computer that is not working.
Reference:
Wayne State University
A Comprehensive Guide to Buying Laptop Computers
University of Delaware
Personal Selling and Sales Management
Resources:
Laptop Trader Express
Net Money Making