Business computers and personal have become very common nowadays. Knowledge how to repair them when something goes wrong however is not all that widespread. Starting a computer repair business will enable you make a living while at the same time also helping individuals and companies who cannot repair their personal computers on their own. Certification is not openly a requirement for such business. However, it will grant you credibility that will otherwise be hard to obtain elsewhere. Below are factors you need to consider before starting such a business.
The success of any trade is usually dependent on its location. As such, you need to strategically choose your location. The three important things when choosing location are; competition, customers and accessibility. You should choose a location where competitors are very few if any. There must also be large customer base.
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.
Pricing is another key factor that will either attract clients to your business or send them away. When fixing prices for your services, check what your competitors are charging. This will enable you reach the average price around. You should always ensure that your prices are fair enough to the customers but also enough to keep your business afloat.
Advertisement is also part and parcel of business. As such, you need to explore possible avenues to advertise your company. Take the advantage of free media like twitter, facebook and LinkedIn. You also need to have a website where first time clients can get to know about your company.
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.
The success of any trade is usually dependent on its location. As such, you need to strategically choose your location. The three important things when choosing location are; competition, customers and accessibility. You should choose a location where competitors are very few if any. There must also be large customer base.
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.
Pricing is another key factor that will either attract clients to your business or send them away. When fixing prices for your services, check what your competitors are charging. This will enable you reach the average price around. You should always ensure that your prices are fair enough to the customers but also enough to keep your business afloat.
Advertisement is also part and parcel of business. As such, you need to explore possible avenues to advertise your company. Take the advantage of free media like twitter, facebook and LinkedIn. You also need to have a website where first time clients can get to know about your company.
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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