When planning to start computer repair business, there are a number of factors you will need to consider. Key amongst them includes business management as well as computer repair skills. These will ensure smooth running of the trade. Though some entrepreneurs always entrust computer knowledge to their employees, it will be good if know how to do these things yourself. Here are a few additional things you need to know before you get started.
You should first decide whether you want to have a storefront or run from home. A storefront is ideal because you will have access to more customers. However, storefronts also come with greater responsibilities and risks. On the other hand, running from home requires less overhead. In case you opt for storefront, location will be everything. Try to operate in an area with few similar businesses.
Next step is to write down your start up cost. When budgeting for this, you need to plot away to cater for your expenses for at least three months. This is because most businesses take a minimum of three months to actually start realizing any return on investment. Remember that during this time you will need to do marketing from your own pocket. There are also other utility bills to be paid like electricity, water, web hosting and so forth.
You must also not operate without insurance cover especially for the first few months. You are likely to commit very many mistakes during the first few months of your operation. Because of this, you should have liability insurance cover to protect you from liability. Do not just pick the first insurance company that you come across, you need to window shop.
You also need to carefully price your services so that you do not send away clients while at the same time also not incurring losses. This means you need to research your competitors to see how they price their services. This will enable you determine price that is competitive enough and also reasonable for your skill and experience levels.
In order to attract more customers, you also need to advertise your business. Create a detailed website with information on your services, prices and location. You can also offer discount for first time customers. This will make customers leave your competitors and come to you.
Because you will most definitely need spare parts in the course of your work, it is also important if you can start a supply business as well. However, in case you do not have enough capital to start the two businesses at the same time, it is still a good idea to enter into partnership with a supplier. Not only will you get deals but also learn the ropes of trade.
With the above tips in mind, your computer repair business should soon be off the ground. The most important thing is to have quality services. You must also not operate without license.
You should first decide whether you want to have a storefront or run from home. A storefront is ideal because you will have access to more customers. However, storefronts also come with greater responsibilities and risks. On the other hand, running from home requires less overhead. In case you opt for storefront, location will be everything. Try to operate in an area with few similar businesses.
Next step is to write down your start up cost. When budgeting for this, you need to plot away to cater for your expenses for at least three months. This is because most businesses take a minimum of three months to actually start realizing any return on investment. Remember that during this time you will need to do marketing from your own pocket. There are also other utility bills to be paid like electricity, water, web hosting and so forth.
You must also not operate without insurance cover especially for the first few months. You are likely to commit very many mistakes during the first few months of your operation. Because of this, you should have liability insurance cover to protect you from liability. Do not just pick the first insurance company that you come across, you need to window shop.
You also need to carefully price your services so that you do not send away clients while at the same time also not incurring losses. This means you need to research your competitors to see how they price their services. This will enable you determine price that is competitive enough and also reasonable for your skill and experience levels.
In order to attract more customers, you also need to advertise your business. Create a detailed website with information on your services, prices and location. You can also offer discount for first time customers. This will make customers leave your competitors and come to you.
Because you will most definitely need spare parts in the course of your work, it is also important if you can start a supply business as well. However, in case you do not have enough capital to start the two businesses at the same time, it is still a good idea to enter into partnership with a supplier. Not only will you get deals but also learn the ropes of trade.
With the above tips in mind, your computer repair business should soon be off the ground. The most important thing is to have quality services. You must also not operate without license.
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