Considerations to Make If You Want to Be a Stamp Dealer
In the past postage services included the use of stamps. There were even firms dealing in stamps, the oldest being that started by Earl P.L. APFELBAUM. Earl Apfelbaum did not find it easy as a dealer, his firm was even sued for Stamp Bid Rigging. Even with Apfelbaum Stamp Bid Rigging case, the firm did not close down its business. Earl Apfelbaum continued with the company which is being up to date is under the management of his grandchildren. Earl Apfelbaum’s story proves that becoming a successful stamp dealer is not an easy thing. Therefore, to become a successful stamp collector, there are some things to consider. The aim of this article is to gives tips to those who want to become stamp dealers. These are the things to note if you want to become an ideal stamp dealer.
First, to become a successful stamp collector get a license. It is required that whether you work as an individual or firm, you must have a valid work permit. Therefore, why should you have working permit. Having a license is important because it will distinguish you or your firm from the fraud service providers that exist in the field. The government is always hunting fraud stamp dealers in the market. For that reason, get a valid work permit to be considered law-abiding. Doing this will even give buyers and other stakeholders the confidence of working with you or your firm.
Second, for you to become a successful stamp dealer, you need to avoid illegal practices. In this stamp collecting business, there are some activities like stamp bid rigging. You need to avoid such illegal activities to be in peace with the authorities. Participating is stamp bid rigging is a crime and will take you to jail. Therefore, as a stamp dealer, try and avoid any illegal activities associated with your business. Stakeholders in the market will consider your reputation before they buy, sell, or invest in your stamp collection business. In case you or your firm is known to have been involved in illegal activities, no stakeholder will join you because of the bad image you have in the market. Therefore, avoid all illegal activities to attract many buyers, sellers, and even investors.
Thirdly, if you want to start stamp collection firm learn from the experts. The experts will tell you more about the challenges, and various tips to overcome them so that you become successful. The idea from the experts will make you successful.