Residential phone use is currently moving away from analog landlines and into “unlimited” plans. As a result, the Federal Communications Commission (FCC) is considering fully removing the landline telephone system.
In early 2010, the FCC will present its proposal to the US Congress. The transition is appropriate, according to the FCC, because conventional landline revenues are decreasing.
The Federal Communications Commission claims that phasing out the landline system would save the government $40 billion a year. However, if the landline phase-out is allowed to continue, the industry will experience a $80 billion loss. That’s where you’ll blend in!
The most important feature of the telephone business is that it helps you to start your own company! To make money, you need the right technology, and with the demise of the telephone network, the technology is quickly becoming obsolete.
You would be asked to offer services that the company does not have the ability to provide or for which there is little market in order to succeed with a telephone company. To put it another way, the telephone is losing its value as a business model.
You will have the potential to become a supplier of ancillary services and a revenue source for your own business. Since you don’t have to invest in land or properties, and you don’t have to hire workers or franchisees, this is a simple business to operate.
The most appealing feature of the telecommunications industry is that it can be started quickly and with very little money and overhead. Land, houses, furniture, and other fixed assets have virtually no costs. You can keep your costs low and increase your profits with a telephone company without imposing extra overhead expenses on your personal income!
When you first start out in the telephone industry, the first thing you can do is obtain the phone number of the company in which you want to open a business, and then work your way down to acquiring the franchise. With the telephone network in decline, there are a plethora of other companies you might start that would bring in more money. Many of them are in the process of going out of business, which means you won’t have to pay a fortune for leasing or leasing against their properties!
A telephone franchise is an excellent way to establish a telephone company, and there is no franchise charge! The franchise fee, which is charged when you start your business with that particular company, will give you access to thousands of lines.
Most phone companies can provide you with a directory of local phone numbers and other information that you can use to promote your phone company. This type of knowledge is important because it can attract customers to your phone company for a discount!
Your telephone company’s advertisements should be done in accordance with your telephone company’s advertising. You won’t have any leads to use as an advertisement tool unless they help! You should be putting ads and marketing articles on your phone company to sell your phone company, not to sell advertising for phone companies that don’t endorse advertising for your company!