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How hard is it to open a new agent?

natemc

Nov 20, 2006, 9:49 PM
I have a question. Hopefully some of you guys can answer this for me. I have worked in the industry for about 3 years and the store that I was working for decided to close about a month ago. I was wondering how hard it would be to open a new agent location where I live. I know I can get a good investor to help me out with the money so thats not a huge problem. How much would it cost and who would I need to talk to at Verizon in order for this to happen? Any help in this would be greatly appriciated. Thanks again.
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wfine81

Nov 21, 2006, 8:18 AM
Its not that hard to open up, if your opening your own company then you need to do that first, then decide if you want to be incorporated, LLC, sole propietership, or so forth, then you need to apply for all the tax stuff through your state, then you need to go to VZW and ask to become an agent, they will run background and credit checks and you will need to get your potential location approved through them, they have to approve all locations before you can open.

When I started my company about 5ish years ago from the first day I started the ball rolling to the time I actually opened my door was about 5 months.

Cost is completely up in the air, you have to take into account the cost of where your renting (first, last security deposit)...
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