how to run 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?

How to Quit Your Job and Start a Computer Business takes you step by step through starting a computer business part time so you can confidently quit your job and grow your business full-time. Say goodbye to your job and hello to being your own boss. In the book you'll learn: An easy framework to build a successful computer business. The secrect recipe that reduces the financial risk of starting a business. How to build and grow your business part time while still working a full time job.

Is computer repair a good business?

if you are Technology Geek and have the guts to sort out problems related to computers then it’s a very good business opportunity to earn handsome profits. You should have the skills, the time, or the desire to do the computer service, repair, and upgrades than your Business.

How to get paid to fix computers from home?

You can also use these platforms and their existing students to teach coding and Python:

• Udemy: Join now and get started making money with coding
• Coursera: Join to get the best coding experience and make money from your learning
• CodeAcademy: Learn and teach how to become a full-stack web developer

Is computer repair a profitable business?

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.

Is it hard to start a computer repair business?

Although the pros are significant, there still are some potential challenges you may face when starting a computer repair and maintenance business. They are not too difficult to overcome: It's not enough just to have the technical knowledge and skills. You'll need good communication skills.

What is needed for a computer repair business?

Repair service companies often require that their techs have college degrees in computer science, but someone who wants to fix computers from home can launch a business with knowledge and experience in cleaning, repairing, or replacing hardware and software.

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.

Is fixing computers a good job?

CareerExplorer rates computer repair technicians with a B+ employability rating, meaning this career should provide good employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 77,200 computer repair technicians.

What is the weakness of computer shop business?

Weaknesses. Computer repair shops can find it difficult or virtually impossible to serve anything larger than a local area.

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 assembly business?

Simple Steps of Computer AssemblingGet the computer case ready for installation.Install power supply unit (PSU) first.Install DVD Drive.Install motherboard.Install processor (CPU)Install CPU heat sink and CPU fan.Install memory.Install hard disk drive (HDD) and solid-state drive (SDD)More items...

What is PC repair tool?

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. Pro-Tip: Before opting for a PC repair tool, make sure you have updated your PC to the latest version.

What business can I start with 5000?

If you need a little more help brainstorming, here are six businesses you can start for under $5,000.Tutoring or Online Courses. ... Make a product and sell it online. ... Open a consulting business. ... Create an app or game. ... Become a real estate mogul. ... Virtual Assistant.

How can I start my own business with no money?

How to Start a Business with No MoneyLLP Registration with EMI Option. The first step in starting any business is to incorporate a new business entity. ... Sell on Ecommerce Portals. ... Start providing Services. ... Compile a Great Business Plan. ... Government Schemes.

How much money should you have saved before starting a business?

As a general rule, you should set aside at least six months of living expenses before quitting your day job and running a startup. That's because it'll take a while — at least six months — before enough money comes in to begin paying yourself a salary. (In many cases, it'll take more like 12 to 18 months.)

How do I start a computer assembly business?

Simple Steps of Computer AssemblingGet the computer case ready for installation.Install power supply unit (PSU) first.Install DVD Drive.Install motherboard.Install processor (CPU)Install CPU heat sink and CPU fan.Install memory.Install hard disk drive (HDD) and solid-state drive (SDD)More items...

What type of business is computer shop?

Computer retailers buy computers and related equipment at wholesale and sell it at their retail stores. Computer retailers run the gamut, from chain stores and large electronics retailers to small independent shops that sell custom-built computers and provide support services as well as computer sales.

What is PC repair tool?

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. Pro-Tip: Before opting for a PC repair tool, make sure you have updated your PC to the latest version.

Is it hard to start a computer repair business?

There is no one-size-fits-all answer to this question, as the difficulty of starting a computer repair business will vary depending on the specific...

How can I start a computer repair business with no experience?

There are a few ways to start a computer repair business with no experience. You can start by doing research on the internet, attending computer re...

What type of computer repair business is most profitable?

The profitability of computer repair businesses can vary depending on many factors. However, some of the most profitable computer repair businesses...

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

It costs about $1,000 to start a computer repair business. This includes setting up a small workshop, purchasing necessary tools and equipment, and...

What are the ongoing expenses for a computer repair business?

There are a few ongoing expenses for a computer repair business. One is the cost of advertising and marketing. This cost may include flyers, online...

How does a computer repair business make money?

One way a computer repair business makes money is by charging a fee for each service provided. Many computer repair businesses also offer hardware...

Is owning a computer repair business profitable?

There are several reasons owning a computer repair business can be profitable. One reason is that the demand for computer repair services is high....

Why do computer repair businesses fail?

There are many reasons computer repair businesses can fail. One of the most common reasons is a lack of understanding of the market. Companies need...

Get Paid to Fix Computers From Home

Malware, viruses, the dreaded blue screen of death—these threats and more plague computer owners who know enough to use their devices, but not enough to be able to fix them when something goes wrong. If you have knowledge and experience in keeping computers up and running, you can start a computer repair business quickly and affordably.

Advantages of a Computer Repair Home Business

If you have the know-how, there are many pros to starting a computer repair business.

Disadvantages of a Computer Repair Home Business

While there are many advantages to starting a home-based computer repair service, there are a few downsides, too. Attracting customers can be a challenge in the beginning, whether you’re cold-calling potential clients, touting your computer repair skills at tech fairs, or handing out flyers at small businesses and residences.

How much does a computer repair technician make?

According to Salary.com, computer repair technicians make an average income of $24 to $35 per hour.

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 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 makes a good computer repair business?

This is one important quality that can make computer repair easier and can make a technician good at their job. Problem-solving skills. The ability to quickly identify and solve problems is essential in this industry.

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 a business specializing in computer repair?

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.

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.

Step 1: Decide if the Business Is Right for You

Starting a computer repair business has pros and cons to consider before deciding if it’s right for you.

Step 2: Hone Your Idea

Now that you know what’s involved in starting a computer repair business, it’s a good idea to hone your concept in preparation to enter a competitive market.

Step 3: Brainstorm a Business Name

Your business name is your business identity, so choose one that encapsulates your objectives, services, and mission in just a few words. You probably want a name that’s short and easy to remember, since much of your business, and your initial business in particular, will come from word-of-mouth referrals.

Step 4: Create a Business Plan

Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number, or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

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.

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.

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 ...

Business Know-How

If you’re looking for a new career that doesn’t cost a lot of money up front, and you have a sincere love of technology, then repairing computers may represent a perfect match for your passion, and the need for gainful self-employment.

What Type of Education Is Necessary?

There are multiple educational options for those interested in a career as a computer tech. You can decide whether you just want to take a few classes, read some library books, get certified by attending a two-year program at a vocational school, or pursue a full bachelors degree in computer science at a university.

Hands-On Experience

There is really no substitute for hands-on experience, when trying to gain knowledge on a given subject, and computer repair is no exception. If you’re looking to get started in the field, then consider building your own computer from parts, learning to uninstall, reinstall, and troubleshoot multiple operating systems (Windows, Linux, etc.).

What Are the Perks?

Beyond the fact that you’ll never need to pay anyone else to fix your computer again, good computer technicians can make pretty decent money. Starting pay for qualified technicians is around $31,000 per year, and more experienced techs can make up to $60,000 per year. Not too shabby for a career you can start on a 2-year program.

What is a certification in repair?

Certifications can give you a sound understanding of several topics ranging from general troubleshooting and repair to operating systems or networking. With your repair experience and skills, certifications will serve as a cherry on your cake to your repair career.

How important is a reliable business?

One of the most important aspects of running a reliable business is having a physical store location. The easier it is for the people to reach your repair store, the more chances you have to be successful. It can have a great impact on how successful your business will be in the future. Location of your computer repair service center should be in ...

What is the computer repair industry?

The computer repair industry gained momentum together with the development of computer technology in the late 20th century. Computers have exploded throughout America and the world over the past 30 years – from 2,000 units shipped in 1960 to over 65 million per quarter in 2015. With this rapid growth and a high increase in computer supplies, there has been a corresponding increase in the need for computer repairing services. This states an immense opportunity for you to look into the computer repair market in 2019.

Do I need a degree to start a computer repair business?

Become Certified. Fortunately, you don’t need a high-fi degree to start your own computer repair business, but there are several certifications you may want to obtain to prove that you have the necessary expertise and potentially gain a competitive advantage.

What is a good business plan for computer repair?

A well detailed computer repair business plan should be able to summarize the goals and missions of your business, analyze the market and describe your competitions, your business objectives and ways of raising funds. The business plan should be able to ascertain the projected income and Expenses of your enterprise.

What is computer repair?

The computer repair business is known to provide maintenance and repairing of computers and other related appliances. The responsibilities or jobs of a computer physician may also include building or configuring new hardware, installing and updating software packages, and creating and maintaining computer networks.

What is the importance of choosing a location for a computer repair business?

The location you choose for your computer repair business has a direct effect on your operation’s costs as well as your ability to serve customers (and therefore your revenues).

How does competition bring innovation?

Competition they say brings about innovation. You should be able to see competition as a fuel that can bring about creativity, success and hope to your business. In order to beat your competitors in the computer repair business, you need to move beyond the computer repair business.

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 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.

Why do businesses need funding?

Every business known to mankind needs fund and financing to be able to stand firm and grow. There is a popular saying “that money is used to make money”; any business that lacks funding is literally dead and doesn’t exist.