How to Start a VOIP Business
In order to set up your own VoIP business, the primary step is to choose what kind of line you would like to work on. VoIP service providers can make business in three ways: by directly providing services to corporations and other large companies, by becoming VoIP wholesale carriers, and lastly, by becoming VoIP resellers. Consider your finances for this.
The second step is to acquire enough finances to meet the considerable overhead expense account, a lot of equipment for both transport and communication, and a highly skilled workforce. VoIP or Voice over Internet Protocol telephone service is the newest innovation in the communication trends.
With it comes a whole new set of entrepreneurs, particularly among micro-entrepreneurs and small-scale businesspeople. Some people are under the misconception that in order to run this business, you need to be in the bracket of medium to large-scale businesses. This is not necessarily so; there are considerable expenses on the onset, though.
VoIP service providers can make business in three ways: by directly providing services to corporations and other large companies, by becoming VoIP wholesale carriers, and lastly, by becoming VoIP resellers.
Perhaps, the first decision you should want to make is which among these three you would like to be.
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The first one is simple enough. Your company works by directly providing services to corporations and other large companies. This means that you are the direct phone service provider and that you cater to one company at a time. You do not act as a wholesaler or as a reseller. But in some cases, you can act as direct provider and wholesaler, or direct provider and reseller, and maybe, all three.
On the other hand, if you are within the bracket of a micro-entrepreneur to a small-scale business owner, you might want to try selling VoIP services as a wholesaler. In this case, you are still the direct VoIP service provider, but you sell your services to resellers, who in turn, sell VoIP minutes to other end-users: micro-businesses, small businesses, even those who use in for residential purposes.
There are two differences between being a wholesaler and a reseller: one is that the latter is already considered as a secondary or an indirect VoIP service provider, and two is that wholesalers usually have larger clientage spread across any area in any given area. As compared to that, VoIP resellers would of course have a relatively smaller client base, but that does not mean it is not profitable on its own.
Consider your finances then, if you can afford a larger overhead expense then you might want to invest in being a VoIP wholesaler in your area – larger coverage + larger client base = large profits. If however, this is too much outpouring of hard-earned cash, micro-entrepreneurs are still raking in respectable profits as VoIP resellers.
If you have enough investment money to become that company that directly provides services to corporations and other large companies, you obviously do not need to read an article in the first place.
In all instances, whether you are a direct provider, wholesaler, or reseller, it is highly recommended that you establish your own group of highly skilled personnel. Technical know-how on all the workings of VoIP is critical. This means training and hiring of technicians, troubleshooters, installers, equipment operators, customer service relation representatives, technical assistance representatives, service and equipment assessors – and basically the whole lot. All companies need to have their VoIP services in perfect working order at all times, and any form of product or merchandise or service-related failings will reflect your company. It, therefore, goes without saying that this kind of business line will definitely need a considerable overhead expense account, a lot of equipment for both transport and communication, and a highly skilled workforce.
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@Dayal, Hello Dayal, VOIP is a very interesting business for startups. If you were lucky you won't need to have a massive investment. Your initial investment could start with 10 USD. If you are still interested let us have a chat.
@raju kumar gupta, VOIP could be very profitable for people living in Gulf and not being citizens or permanent residents. If you were still interested in this business then let us have a chat.
@md musa, Hi Sir, I am ready to help you straight away. Let us have a chat and I could gain experience from your trial to benefit people who like this business in Bangladesh as I see many requests originating in Bangladesh.
@Lokman Hossain, I want to tell you that this business if you got determination and some contacts then it will be really good for you. If you were still interested then let us have a chat.
voip@firaro.com || VOIP Business Consultant
@R. Amin, Great news my friend. If you wanted to proceed with this business then it will be my pleasure to help. Let us have a chat.
voip@firaro.com || VOIP Business Consultant
@Mohamed, Hello Mohamed, To know the legal status of this business in your country I need to know which country you are from or let us say in which country you want to operate. Let us have a chat.
@mordi chris, Hello Mordi, This business can be operated via the internet from almost anywhere. Let us have a chat.
@Md.Hasnain Arafat, Hello, In this business starting at small scale is the same as starting at large scale if you were keen enough to market your service. I can provide you with the required support you need. Let us have a chat.
@Md. Nasir Feroz, The cost is almost negligible as you will depend on your customers' cash mainly. I can help you if you want.
@Palash Biswas, 2 years passed since you posted your request however if you didn't start yet then it is not late. You can still start. Let us have a chat ...
@jakaria, It seems you are lost in this huge business. I can tell you that many people wishing to start didn't start yet since they didn't grasp the idea of this business well yet. I can help you to understand the concept and start. If you are interested then let me know.
@kashif, Hello Kashif, Do you have infrastructure to start such business or you want to be: White Label Reseller, Wholesaler, or standard reseller, or have just VOIP shop... Let me know what happens...
@Shilpia Parsan, This is tricky business however high returns are associated with high risks. You just need to overcome those risks in a smart way and you can benefit a lot. If you are still interested then let me know.
@dhaval, Hello, Starting cost depend on your provider however I can help you find low starting cost provider. Let us have a chat if you were still interested...
@Randa Shawahin, Hello Randa, You may start at a very small scale then upgrade your services. Let us have a chat if you want.
@rukash, Hello Rukash, I can help you in your request however I don't think you need 20 workstations if you meant that you want computers. I can show you a cheaper method.
@Manvi Moorjani, Personally I think China is a good country to conduct business in as you will have large volume of customers.
@saiful, You may check other providers, I can help you have cheap providers. Let us have a chat.
@Abdus Samad, It is easy business if you were able to outsmart the business process. I can help you if you were still interested, Let us have a chat.
voip@firaro.com || VOIP Business Consultant
@romeo, Hello Romeo.
I didn't understand your request. Let us have a chat.
voip@firaro.com || VOIP Business Consultant
voip@firaro.com || VOIP Business Consultant
@Md Hasan, Hello, As I told other people you can determine the scope of your business and thus determine the investment. I think a reasonable cash to start up such business which will be 10 Euro. Let us be clear that we are speaking here about white label reseller system. Let us have a chat and I will help you if you want.
voip@firaro.com || VOIP Business Consultant
@romeo, Hello Romeo, White label reseller system allows you to place your logo and resell the services under your brand name. Let us have a chat to guide you. Send me an email.
voip@firaro.com || VOIP Business Consultant
@Haroon, Hello, You can start such business from any place provided that you have internet connection and suitable payment method. I can help you start if you want. Let us have a chat.
voip@firaro.com || VOIP Business Consultant
@Teddy, Hello Teddy, Few days ago I was reading the result of a survey which a reputable company conducted and found that only 25% of the people around world have smartphones. As for skype I don't think that you can call a mobile phone for free knowing that not everyone has skype in his/her mobile. Yes, I think VOIP business is still profitable.
voip@firaro.com || VOIP Business Consultant
@Teddy, My cost of support is ZERO. I don't take charge for this issue. You are one of the luckiest people on Earth to have a Samsung smartphone. Not everyone has a smartphone. What you mentioned about the capabilities of skype is true and it is valid if the other party whom you are calling has also skype. As for the ideas then you have plenty of them like starting a call shop for people who work in a certain country to call their parents overseas. Let us have a chat if you want.
voip@firaro.com || VOIP Business Consultant