Home Business Sales “Backbone” Declares Bankruptcy

InPhonic has declared bankruptcy. They are the online cell phone sales platform for Cognigen, Commission River, and others.

Their sales technology allows people to let consumers know the best cell phone deals in any zip code of the country. They offer an amazing service and because cell phone sales can net a home based rep $50 to $70, they can be potentially very lucrative.

You could take your lap top anywhere with internet access, set up a table, and let people see if they’re getting the best deal or best phone for their money.

They will continue operations and be sold to a private firm.

Hopefully home business operators and online marketers will be able to continue to use the service.