how to start computer repair business

^{How to start a successful computer repair business}

• Build up your savings. Starting a business is exciting, but shouldn't be rushed. It takes time, planning, hustle, and money to launch a successful computer repair business.
• Create a business plan. A solid business plan is the cornerstone of any successful company. ...
• Finance your business. In addition to building up a nest egg, seeking out additional funds can help you get your business off the ground.
• Choose a location. A computer repair business offers a certain degree of flexibility when it comes to structuring your work environment.
Make sure the price is right. Initially, it can be tempting to offer below-market pricing as a way to entice new customers to give you a try.
Get certified. You don't need a degree to open a computer repair business, but there are several certifications you may want to obtain to prove that you have the necessary ...
Market your computer repair business. Asking family and friends to spread the word about your new business can help you build some initial buzz, but you also need a comprehensive ...
Protect your computer repair business with small business insurance. Lawsuits and other catastrophic events can prove costly. Insurance for your computer repair business can help protect all your hard work.

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 get paid to fix computers from home?

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

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• CodeAcademy: Learn and teach how to become a full-stack web developer

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-

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.

Is it profitable to fix a computer?

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 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.

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.

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.

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?

If you start out with little money, outperform other businesses. ... Start a service business. ... If you don't have money, at least have time. ... Carry out market research. ... Follow a "sell first, build later" approach. ... Try affiliate marketing. ... Don't worry too much about resources. ... Create demand by having a social media presence.More items...•

How do you get money to start a business?

10 options for funding your small businessFamily and friends. It's common in the early stages of a business for parents, siblings or friends to financially support your business. ... Bank loans. ... Crowdfunding. ... Business angels. ... Venture capitalists. ... Short-term loans. ... Guaranteed loans. ... Incubators and accelerators.More items...

Which tool 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.

How do I advertise my computer repair service?

Advertising and beyondUnderstand your target audience.Build your website with mobile-devices and SEO in mind.Manage your online listings and reviews.Use ad services.Consider email marketing.Design visually appealing logos and signage.Get on social media.

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.

Is it worth fixing a laptop?

If a laptop repair costs half as much as a new laptop—or more—consider getting a new one, especially if your machine is more than a few years old. If your computer is only 1 or 2 years old, it's probably worth fixing. At our stores, for instance, the average laptop repair is about $150.

Is a 4 year old laptop worth fixing?

Consumer Reports says spending money to repair a laptop five years old or older isn't worth it. Laptops three or four years old are a toss-up. Anything under two years is generally worth repairing.

How much does it cost to refurbish a computer?

Average Computer Repair CostsCost CategoryCost per HourAverage$60High$90Low$45Apr 28, 2021

Is it worth to repair motherboard?

Is Motherboard Worth Repairing? Your motherboard is definitely not worth repairing when we are talking about a laptop. For desktops, you can do it as long as the damage isn't extreme. Laptop motherboards have other components soldered onto them so those will have to be replaced during your repair.

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...

What degree do I need to repair a computer?

You don't need a degree to open a 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. Some of the more common ones include: 1 CompTIA A+ Technician 2 Cisco Certified Network Associate (CCNA) 3 Certified Information Systems Security Professional (CISSP) 4 Microsoft Certified Systems Engineer (MCSE) 5 ACMT (Apple) 6 BICSI Technician (BICISI)

What type of insurance is used for computer repair?

Another policy that can benefit computer repair businesses is a business owner's policy, which combines general liability and commercial property insurance at a lower rate than if you purchased each policy separately.

What insurance do computer technicians need?

Computer repair technicians can also benefit from professional liability insurance, also known as errors and omissions insurance. This policy can pay for the cost of a lawsuit if a client sues claiming that you made a mistake or failed to provide a service you promised.

How to get a business off the ground?

One option to consider is a loan through the Small Business Administration. The SBA partners with lenders, community development organizations, and micro-lending institutions to set guidelines and facilitate loans for small business owners. This reduces risk for lenders and makes it easier for small business to get approved – typically at lower rates than they might ordinarily qualify for through a traditional bank loan.

How to promote your business?

It's important to make marketing a part of your regular schedule. Set aside a few hours each week to touch base with current and potential clients, post on your social media accounts, and otherwise promote your business .

When to approach lenders for business funding?

Once your business plan is finalized, you'll be ready to approach lenders if you choose to look for business funding. (Related: “ How to budget your way to a successful IT business launch .”)

Why limit repairs to house calls?

Limiting your repairs to house calls at your clients' homes or businesses eliminates the added expense of a storefront, and also creates a natural separation from your personal life at home. However, there are other factors to take into account. You will be at the mercy of your clients' schedules, and you also run the risk of jobs taking longer than anticipated, especially if clients ask you to complete extra work once you're there. Since you’ll be driving to your clients, you should also consider purchasing commercial auto insurance, since most personal auto policies don’t cover business-related driving.

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.

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 to consider before starting a business?

There are several things to consider before starting. First, consider whether to start this business inside your home or in a shop. A shop offers more credibility while working from your home, you’ll have fewer monthly costs to cover.

How much does it cost to start a business from home?

Entrepreneur Magazine estimates that a startup can range between $2,000 to $10,000. However, if you already have a lot of the equipment and planning to start from home, these expenses may be less.

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.

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.

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 .

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.

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.

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.

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.