Tips For Starting Computer Repair Business
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.
The next step is to create an effective budget. This will make you more accountable for the preliminary expenses and also pay them off as soon as possible. Typical items that should be included in the start-up capital include: start-up cost itself and monthly utility bills. Even though the budget may just be an estimate, it is very important to have at least a plan in place.
Due to the nature of computer business, it is also advisable to have insurance cover for any issues that may arise. While such issues are never planned, they can occur at any time. Because of this, it is always good to be on the safe side by having insurance cover. Clients will be leaving their computers at your premise for repairs; this is another reason why insurance cover is vital. Check various insurance companies and choose one that fits your needs.
You will also have to fix price for your services. When doing so, you should have your competitors in mind. If your rates are too high, you risk losing clients. On the flip side of the coin, if you charge too low, you will incur losses. This is a delicate balancing act that must be done with several factors in mind.
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.
In this day and age, great customer service can be the difference between success and failure of your computer repair business. Make it your priority to give your customers good services. If possible, you can also befriend them.
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.
The next step is to create an effective budget. This will make you more accountable for the preliminary expenses and also pay them off as soon as possible. Typical items that should be included in the start-up capital include: start-up cost itself and monthly utility bills. Even though the budget may just be an estimate, it is very important to have at least a plan in place.
Due to the nature of computer business, it is also advisable to have insurance cover for any issues that may arise. While such issues are never planned, they can occur at any time. Because of this, it is always good to be on the safe side by having insurance cover. Clients will be leaving their computers at your premise for repairs; this is another reason why insurance cover is vital. Check various insurance companies and choose one that fits your needs.
You will also have to fix price for your services. When doing so, you should have your competitors in mind. If your rates are too high, you risk losing clients. On the flip side of the coin, if you charge too low, you will incur losses. This is a delicate balancing act that must be done with several factors in mind.
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.
In this day and age, great customer service can be the difference between success and failure of your computer repair business. Make it your priority to give your customers good services. If possible, you can also befriend them.
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