In the past postage services included the use of stamps. Earl P.L. APFELBAUM was one of the stamp dealers in the market during that era. Earl Apfelbaum did not find it easy as a dealer, his firm was even 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. The short history shows that if you want to become a stamp dealer there are a lot of challenges. So, there are some important considerations to make before joining the business. The aim of this article is to gives tips to those who want to become stamp dealers. So, to be the best stamp collector, consider the following
It is a requirement that before you join the market as a stamp dealer, you need to license yourself or your company. 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? If you have a license, your firm will not be consider a fake service provider. Remember that the state authorities are always looking for fake service providers. Therefore, you can be law-abiding by having a valid license for your stamp collection business. If you observe that, buyers and other stakeholders will be believe in you, join and support your business.
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. Leaving such activities will help you to be in harmony with the authorities. You can be jailed if found guilty of stamp bid rigging. 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. Engaging in illegal activities will give you a bad image, and as a result no stakeholder will associate with your firm. So, avoid any illegal activity so that your stamp collection company may ,have many buyers, sellers, and investors.
Thirdly, if you want to start stamp collection firm learn from the experts. Consulting the experts is good because they will make you aware of the problems you are likely to face, and the possible solutions, this will make you successful in the market. The idea from the experts will make you successful.