how to start your own computer repair business

How to Start a Computer Repair Business

1. Determine the Characteristics of Your Ideal Clients. Before you start your own computer repair business, you need to figure out who you want to ...
2. Know Your Strengths and Weaknesses. As you figure out how to start a computer repair business, you need to know your own strengths and weaknesses.
3. Set Your Rates Right from the Beginning. When you run your own computer repair business, time is money. You can’t afford to set your rates too ...
4. Be Patient and Let Your Business Evolve Over Time. You can’t expect to instantly get a full roster of clients and steady revenue for your ...

Full Answer

Is starting a computer repair business a good idea?

This dream is a great one to go for but before starting a business, you will need to face the realities of the business start-up costs. The computer repair business is one of the many businesses you can start from your backyard and expand with time and profits.

How to start a computer business?

How to Start a Computer Business. 1. Assess your skill set. It seems reasonable to assume that anyone harboring ideas of starting a computer business already has a deep familiarity ... 2. Analyze the local market. With any small business, you need to carefully consider the local demographics, the ...

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

You will need to purchase and maintain your own tools and testing equipment. Basic computer repair tools—such as screwdrivers, power supply testers and grounding straps—are not that expensive, depending on the services you want to provide.

What is a good location for a computer repair business?

A good location for your computer repair business should be a well-travelled street where the shop will be seen by many individuals who can easily pull into the lot and patronize your services.

How do I start a computer repair business?

9 Unique and Professional Ways to Promote your Computer Repair BusinessReach your Customers. ... Experience Matters. ... Introduce Free Pick and Drop Service. ... Reasonable Pricing. ... Surprise your Customers with Free Services. ... Get Enough Time for Business Marketing. ... Networking is Also Important. ... Add on More Professionalism.More items...•

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 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.

What tools do I need for 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 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 are the advantages of starting a computer business?

Then again, the reality is that business people enjoy the advantages of computer application technology to make work easier and more efficient than ever.Speed and Accuracy. ... The Ability to Forecast. ... Increased Connectivity. ... Information Security. ... Entrepreneurial Opportunity. ... Hiring and Managing Employees. ... Education and Training.

What does a computer repair shop do?

Repair shops can deal with a wide variety of issues, from bad hardware components to software issues such as operating system errors. They may also be able to help you with a suspected virus or malware infection on your computer.

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...

What does a computer repair shop do?

Repair shops can deal with a wide variety of issues, from bad hardware components to software issues such as operating system errors. They may also be able to help you with a suspected virus or malware infection on your computer.

What are the advantages of starting a computer business?

Then again, the reality is that business people enjoy the advantages of computer application technology to make work easier and more efficient than ever.Speed and Accuracy. ... The Ability to Forecast. ... Increased Connectivity. ... Information Security. ... Entrepreneurial Opportunity. ... Hiring and Managing Employees. ... Education and Training.

What type of business is a 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 are the advantages of computer shop?

Some Amazing Benefits of Taking Computer Repair ServicesComputer Repairing Companies are cost efficient. ... Efficiency is another factor in hiring a computer repair company. ... Save Valuable Time. ... Save Important Files and Data. ... You can relax without any worries.

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

You can start a mobile computer repair business from home for about $4,000. Costs include repair tools and equipment, a website, and your own compu...

How profitable is a computer repair business?

A computer business can be very profitable. Rates range from $60 to $80 per hour, and if you run your business from home, your ongoing expenses wil...

Do I need a license to start a computer repair business from home?

You will need to be certified as a computer technician, and you may need various licenses and permits at the state and local levels. Check with you...

How much can I charge for computer repair services?

Average rates for computer repair services range from $60 to $80 per hour. If you do after-hours emergency service you could charge more.

Is personal computer going anywhere?

It's a stable, in-demand service. Personal computers aren’t going anywhere. People of all ages and experience levels have computers they rely on for entertainment, banking, connecting with others, and more. Unfortunately, there is also a constant threat of viruses and other issues, especially for those who use their computer to go online. This creates a steady pool of clients.

Is it good to start a home computer repair 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.

Can you subcontract repair work?

More elaborate and complicated repairs will require an investment in tools, hardware, software, and supplies, but you can subcontract this work out or charge a little more to repair serious issues.

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.

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.

Can a repair business run a successful business?

While these statistics may seem discouraging at first glance, repair business owners who stay on top of current trends and customer needs can still run successful computer repair businesses.

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 ...

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:

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.

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.

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.

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 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 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.