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 came across many challenges one of them being sued for Stamp Bid Rigging. But the Apfelbaum Stamp Bid Rigging case did not make give up with the business. Earl Apfelbaum soldiered on up to now, his firms exists and is under the management of his grandchildren. With Earl Apfelbaum’s story, you can tell that there are many challenges that stamp collectors face. 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. Here are some of the important things to note if you want to become a stamp dealer.
The important thing to do if you want to be a successful stamp dealer, make sure you have a license. It is required that whether you work as an individual or firm, you must have a valid work permit. So, why do you need a license? Having a license is important because it will distinguish you or your firm from the fraud service providers that exist in the field. Remember that the state authorities are always looking for fake service providers. 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. Stamp Bid Rigging is one of the illegal activities that all dealer should avoid in the market. The state authorities will only be in harmony with you or your firm if you do not engage in illegal activities. 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. Different stakeholders will look at your reputation before they buy, sell or invest in your 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. So, avoid any illegal activity so that your stamp collection company may ,have many buyers, sellers, and investors.
Also, before you start the stamp collection company consult the experts. The good thing with working with the experts is that you will be ahead; you will know all the problems associated with stamp collection business, and the possible solutions to the problem, this will give you a upper hand of becoming successful The experts’ advise will make your prosperous.