Q. Is car mobile holder business profitable?

Answer

According to Arvind Singhal, founder of retail consultant Technopak, "margins are between 30% and 60% depending on the accessories, more than phones that give roughly 10%." By "mobile business," I assume mean either acting as a distributor for mobile devices or breaking into the mobile phone industry as a manufacturer with the intention of issuing own brand, as a small but growing number of firms have been doing with great success as of late. One of the most popular ways to enter into business for is to set up a mobile car holding business; not only is this venture very easy to launch, but you can also provide customers credit for at least a month.