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    Checkcashing businesses are federally regulated. Thinkstock/Comstock/Getty Images. Check cashing is a relatively simple business. An individual has a check made out to him. He presents the check to the checkcashing business.
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    Starting a checkcashing business of your own can be a complex endeavor, Decide what checkcashing services you will offer. You should include an outline of this in your business plan, but know that many checkcashing businesses do not thrive on cashing checks alone.
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