how to make a computer repair business

How to start a successful computer repair business.

• Step 1: Build up your savings. When starting a computer repair business, it’s important to shore up on your savings to help cover the essentials ...
• Step 2: Create a business plan for your computer repair business.
• Step 3: Finance your computer repair business.
• Step 4: Choose a location.
• Step 5: Set your pricing for your computer repair services.

Full Answer

Do you need certifications to start a computer repair business?

There are no licenses required specifically for computer repair businesses; however, there are general local, state, and federal business registrations, such as a sales tax permit , Employer Identification Number, and Occupancy Permit, among others. While there are no licenses, it may be worth obtaining certification in certain technologies.

How to quit your job and start a computer business?

• When you go, don’t steal the company’s clients upon departure. ...
• Don’t recruit your friends to jump ship. ...
• Do not pocket the company stapler, a pack of stationery, or a box of pens. ...
• Sit down with your employer and map out everything you can about what you do and how you do it. ...

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How to expand my computer repair business?

• Develop partnerships with local competition. Take a look at the other repair shops in the area. ...
• Increase the average sale price per customer. If you can up-sell products to your customers, you can still grow your business without doing any additional marketing. ...
• Start selling pre-paid service packs. Ensure customer loyalty by selling them discounted pre-

How to promote your computer repair business?

• Age: What is your overall customer’s age? Targeting a particular age range will help you when reaching your suitable customer.
• Interest: What are usually your most requested job tasks? Is it repairing a computer, game consoles? Cellphones? ...
• Location: Where is your customer located? Like we’ve mentioned before, start locally, try to be niche. ...

Are computer repair shops profitable?

However, taking a computer repair shop out on the road is still a viable and profitable endeavor. There are many reasons why there's plenty of space for entrepreneurs like you to offer mobile computer repairs to individuals and other businesses.

How much money can you make fixing computers?

Avg Salary Computer repair technicians earn an average yearly salary of $47,132. Wages typically start from $28,864 and go up to $76,963.

What equipment do I need to start a computer repair business?

Essential tools used by computer repairing experts for the specific purposeScrewdrivers (Non-magnetic) ... ATX Power Supply Tester. ... Multi-tester. ... Cable testers. ... POST Card. ... Data-recovery software. ... USB network adapter.

How do I start a repair business?

Simple 4-Step Electronic Repair Business Plan for SuccessIdentify your target market and competition. Market research is an important first step. ... Develop services uniquely useful to your target market. ... Be strategic with your budget rather than taking up a loan. ... Create a basic marketing plan.

How do I become a freelance computer technician?

To become a computer technician, you'll need a high school diploma or equivalent. However, you'll likely stand out from your competitors by earning an associate's degree in information technology or a bachelor's degree in computer science, engineering, or a related field.

How do I start a computer shop business?

How to Start a Computer Repair BusinessDetermine the Characteristics of Your Ideal Clients. ... Know Your Strengths and Weaknesses. ... Set Your Rates Right from the Beginning. ... Be Patient and Let Your Business Evolve Over Time. ... Remember that Marketing is Key.

How much does it cost to start a computer business?

The cost of operating a computer repair business will vary depending on the business model. A home-based repair business can cost as little as $2,000 to $3,000 to start up. A repair business with a brick-and-mortar storefront will cost closer to $10,000, but startup costs are still quite manageable.

Which tools should be used in fixing a computer?

A technician uses many tools to diagnose and repair computer problems:Straight-head screwdriver, large and small.Phillips-head screwdriver, large and small.Tweezers or part retriever.Needle-nosed pliers.Wire cutters.Chip extractor.Hex wrench set.Torx screwdriver.More items...•

What is PC repair tool?

What Are PC Repair Tools? PC repair tools are software that aid in tuning your operating system by targeting specific issues it may encounter and neutralize these issues to restore or improve the PC's overall user experience.

What's the most profitable business?

Here's our list of the most profitable small businesses:Food trucks. ... Car wash services. ... Auto repair. ... Personal trainers. ... Newborn and post-pregnancy services.

Is electronic repair profitable?

How much profit can an electronics repair business make? An electronics and computer repair business owner can earn from between $27,000 to over $100,000 per year, depending on knowledge and experience. With additional employees specializing in different types of popular devices, profits can increase substantially.

How do I learn to repair electronics?

The electronics repair trade can be learned through programs in electronics technology and related fields. These programs are available at a number of universities, schools, and colleges across the country, often at community colleges and vocational schools.

What does a computer technician do?

Computer technicians install, maintain, and troubleshoot hardware and software for businesses and organizations. Depending on what type of company you work for, your day-to-day tasks may include: Setting up hardware and installing software. Performing repairs on computers and other peripherals.

What is PC repair tool?

What Are PC Repair Tools? PC repair tools are software that aid in tuning your operating system by targeting specific issues it may encounter and neutralize these issues to restore or improve the PC's overall user experience.

How can I repair my computer?

7:3137:05How to Repair a DEAD Computer - YouTubeYouTubeStart of suggested clipEnd of suggested clipI'm going to hold the power button in and see if it'll turn off after about 10 seconds and it does.MoreI'm going to hold the power button in and see if it'll turn off after about 10 seconds and it does. So there's some communication between the motherboard and the power supply that is working.

What are computer services?

Computer services means computer time or services, including data processing services, Internet services, electronic mail services, electronic message services, or information or data stored in connection therewith.

How much does it cost to start a computer repair business?

The cost of operating a computer repair business will vary depending on the business model. A home-based repair business can cost as little as $2,000 to $3,000 to start up. A repair business with a brick-and-mortar storefront will cost closer to $10,000, but startup costs are still quite manageable.

What is computer repair?

Computer repair businesses help customers to both fix and maintain their computers. Often, these businesses are tasked with troubleshooting and fixing computer problems, but that work can extend to setting up and maintaining networks, offering in-home visits, and selling computers and accessories.

What is the target market for a computer repair business?

A computer repair business’s specific target market will depend on the business’ model and services offered. A business specializing in personal computer repair will market to local computer owners who invest in more expensive machines worth repairing. A business specializing in computer maintenance and networks to businesses may only market to businesses of a certain size or those that use a particular technology.

What is customer service in computer repair?

Customer service is a big aspect of the computer repair industry. A business owner will need to be able to provide prompt service and have computers ready on time. Great interpersonal skills are also important, especially since customers may be upset and frustrated with their computers before they even walk in the door.

How much has the computer repair industry declined?

As the industry’s revenue has declined, the number of businesses has also declined to 53,960.

Why is the electronics industry declining?

The decline in the industry’s revenue is due to a number of factors. As computers and other electronics are increasingly more affordable, fewer people are deciding to have their electronics replaced and are instead choosing to replace them when they break. Businesses have also followed this trend and often invest in high-quality equipment and get rid of old, outdated, or broken equipment.

Is cell phone repair the same as computer repair?

Experimax notes that computer repair increasingly crosses over with cell phone repair. As smartphones become more and more like computers, computer repair technicians are beginning to offer cell phone repair services, too. From screen repairs to virus removal and general troubleshooting, there are many opportunities for a technician to expand their services beyond just computers. And, because of the increasingly high cost of cell phones, customers are more likely to repair a $1,000 phone than they are to repair a $300 computer.

What is the best way to build a business?

You will probably have to do the marketing, sales, administrative and all other tasks by yourself in the beginning. Establishing a well-crafted, diversified marketing plan that incorporates a lot of different targeted activities is the only way to build your business and make sure your sales funnel is fed.

What skills do you need to be a successful businessman?

In order to succeed, you need to have a good balance of business, technical and also strong social skills, so you can best respond to the needs of your clients and build long-term relationships with them.

Do small businesses need an IT department?

All small businesses use computers and depend on them to work consistently, predictably and dependably. However, it is not cost effective for most small businesses to have their own in-house IT department. Still, they need someone like a computer repair business to help keep their IT assets up and running, so they can stay competitive in ...

What is a good way to get your business name out there?

Discounts, possibly in the form of coupons or a percentage upon purchase is a great idea. Offering a special deal for the first time customers is a great way to get your business name out there and bring in new customers.

What are the parts of a computer?

The parts you may want to have available include all popular types of memory (RAM), hard drives, video cards, and computer processors. These are only a few examples of parts, the more parts you have, the less likely a customer has to wait. Having extra cables and screws can also come in handy.

What to do when you have a storefront?

If you are planning to have a storefront, get an inventory of computers available for sale and computer components. Customers are looking for fast service, and you need parts on hand to give that fast service.

What to do if your advertising budget is beefier?

If your advertising budget is beefier, you could explore radio and television ads. These can prove to be very powerful and help bolster your business' success.

What are the different ways to advertise a business?

There are many different methods for advertising a business, including Internet, newspaper, television, radio, flyers, and word-of-mouth. Your advertising budget can play a big part in the decision process, and possible success rates.

How to get a lower cost?

If you are looking for lower cost methods, the top choices are the Internet, newspaper, and flyers. Word-of-mouth could also fall into this category, but it can take a bit more work to make it work for you. The Internet alone can offer many options, including banner ads, search engine ratings, and Craigslist (or similar sites) are a few of the possibilities. E-mail marketing can also be a valuable asset if the right market is targeted. Off the Internet, flyers can be handed out, set out in various locations for people to take, or mailed to their home.

How much does it cost to start a small computer repair business?

According to a detailed feasibility study carried out for the sake of this article, the estimated amount needed to start a small scale computer repair business is $9,000 . Medium scale is $56,000 and a big scale computer repair business at $130,000.

Why do we need a computer repairer?

The extent at which the Internet and computer has taken over our world is a pure sign that every computer literate needs the services of a computer repairer when his/her computer malfunctions – be it hardware or software. People of all classes, sizes and age ranging from the business class down to the foetus in the womb (for scans etc) needs a computer repairer to be able to attend to this device known as a computer that has taken over our day to day activities.

Why is the computer repair industry so important?

The very nature of the Computer Repair industry, with its extraordinary rate of technological development, creates a constant need for businesses skilled in updating and advising customers on computer-related issues. With every individual armed with a computer and with almost all valuable information in our daily lives being stored in the computer, the computer selling business is booming and with this booming comes a need for repairers by users.

What is the best legal entity for a computer repair business?

For the purpose of this research, the LLC is the best legal entity for a computer repair business. An LLC is a “pass through” tax entity.

What is the importance of intellectual property in computer repair?

Intellectual property protection is very well needed in the computer repair business in form of patents protection, trademark and copyright protection, Technical Data and Computer Software Protection.

How to get the right pricing for a computer repair?

If you wish to get the right pricing in your computer repair business, you need to be able to understand the job you are being offered and analyse your means of performing them before charging your costumers. You’re also advised to inculcate all your expenses into your billings and remember not to make it outrageous.

What does it mean to be a computer tech?

Becoming a computer technician is a great point of entry into the IT field, and computer hardware certifications will help demonstrate your knowledge and competency in maintaining computers, mobile devices, printers and more.

How to market your repair services?

Use your technical abilities and skills to help further define your target market. For example, if you have experience working on computers used for multimedia projects, you might market your repair services to photographers and videographers.

What kind of insurance do computer shops need?

Like most small IT businesses, computer shops typically carry general liability insurance, which covers client property damage and injuries to third parties. Errors and omissions insurance – also known as professional liability insurance – is also important, as it will help pay for lawsuit costs if a client sues you for unsatisfactory or incomplete work.

What is a comprehensive business plan?

A comprehensive business plan is a crucial element of your computer repair company’s path to success and can help you secure funding. Here’s what to include when writing this mission-critical document.

What is startup cost exhibit?

Startup cost exhibit. This includes all the funds you’ll spend to get your business up and running.

What is a business plan?

A business plan summarizes your company’s mission statement, competitive strategy, service offerings, budget, funding sources, marketing plans, and other key points. Think of a business plan as a snapshot of your company’s current state and a road map for its future growth.

How to identify your ideal customer?

Decide whether you want to offer services to consumers, small businesses, nonprofits, large corporations, or some combination of markets. Use your technical abilities and skills to help further define your target market.

Why do new businesses need a business plan?

And since new businesses don’t always launch smoothly, unexpected issues can force you to improvise. With a business plan in place, you will already have made most key decisions and will be better able to manage surprises.

How to acquire clients for a business?

Marketing your business is always expensive. In order to acquire clients, you need to let them know you are out there. You might want to network with business owners in your community and establish a presence online with a website, social media campaign, and advertising .

Why do businesses contract with small businesses?

Contracting with small businesses, if you are able to do so, can provide a solid foundation of regular work for your business. If you do good work for them, they will be apt to keep using you and refer you to others.

What certifications are needed for networking?

Some common industry certifications are ACMT and CompTIA A+. It is helpful to have some networking certifications as well if you'd like to work on business networks. CompTIA Network+ and CCNP from Cisco are a few of the more common certifications.

How to get started with a marketing campaign?

You might consider creating an initial plan for getting started, with some goals to work towards, and deadlines to meet. Work to establish awareness of your services through a marketing campaign, and plan some actions to build up your client base.

What are the advantages and disadvantages of starting a business?

As with any venture, there are advantages and disadvantages. Initial costs, licensing, certifications, and relevant business knowledge should all be considered before starting your business.

Is it worth it to plan a business?

It may be worthwhile for you to brush up on some business practices, such as keeping records for accounting purposes and taxes and creating a plan . As the saying goes, a business failing to plan is a business planning to fail.

How to make your computer business successful?

Make customer service your priority. If you have terrible people skills, it probably won’t matter how great you are with the machines — your computer business is not likely to succeed. When customers have a computer need or problem, they expect fast, efficient, effective service that is also explained to them in a way that can be clearly understood by even computer novices.

How to support a small business?

You’ll need the community to support your small business in order for it to succeed, of course. Engaging with and supporting the community with your business can help to create a mutually-beneficial relationship.

What are the opportunities to establish a business based on?

Despite changing technology and consumer tastes, there are still opportunities to establish a business based on sales of computers, parts, or accessories; editing and design services; troubleshooting and/or training; and repairs or refurbishments. The key is flexibility and an ability to change along with the technology.

What to do if you don't have a storefront?

Especially if you don’t have a storefront, make your business website and/or social media presence appear professional and interconnected to your overall brand.

How to make a business a full time occupation?

Building your business into a full-time occupation, however, may require further diversification of the products and services you offer, perhaps by selling parts, accessories, or entire systems. You’ll need to draw in a loyal client base and build a positive reputation in the community.

Is it expensive to start a business?

There is no minimum, but starting a business, especially a technology- based one, can be very expensive. Figure out what you plan on selling, figure out registering fees, etc.

Do you need a college degree to work at a restaurant?

Yes. Preferably a college degree too. Many customers will ask you for credentials, accolades, references, etc. This will require a strong educational background and experience.

How much is a computer service charge?

To determine what your time is worth, investigate what your local competition is charging. While the national average is $100 per hour for computer service billing, it's much higher in certain regions--$160 an hour in Manhattan, for instance. When you must order new parts, such as modems or motherboards, for a job, you'll need to make the purchase worth yours and your client's time, especially if he/she has pre-paid you. So remember to factor in shipping, handling and insurance costs, as well as an "opportunity" cost for ordering parts from lower-priced national vendors vs. a local supplier.

Do service centers need to operate?

Service centers must operate regular business hours, so sufficient staffing is essential. Capital requirements are also significantly higher than for a work-from-home business, so a comprehensive business plan is essential.