What you Need To Know About Starting a Computer Repair Business

How To Start A Computer Repair Business

Computer Repair Business Overview:

The work performed can range from replacing hardware, upgrading software, virus cleanup and protection, networking issues, system setup, and more.

Considerations:

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. Also, consider whether you plan to make house calls or only work from your shop. In my opinion and especially for a business you will need to work at the customer’s site.

You may decide to specialize in certain programs or operating systems, such as Linux, Windows, Mac OS, etc.

You may want to consider a franchise computer repair companies such as Fast-Teks®.

You may want to have a standard waiver in case of loss of data. You can always backup data when there is a danger of losing it, but in case something does happen you’ll be covered.

Skill Set:

Using a variety of diagnostic tools
Cleaning computers
Software installation
Soldering parts
Building custom computers
Data backup
Staying current with advances in the computer industry
Knowledge of both hardware and software
Experience working with electrical components
Knowledge of different operating systems
Ability to diagnose and repair various types of hardware, software, and network issues
Strong problem-solving, organizational, analytical and multi-tasking skills
High level of computer literacy
Common Business Skills

Approximate Daily Hours Needed:

General Hours of Operation – Many companies operate within normal hours, 9:00 a.m. to 5:00 p.m., but this can vary, depending on the clients that require 24/7 emergency services.

Employee & Job Consideration During The Start-up Phase Or In the Future:

Computer Technicians
Sales Personnel
Common staff positions needed to run some businesses

Licenses:

See our Page On Licenses and Permits

Approximate Minimum Startup Cost:

Entrepreneur Magazine estimates that startup can range between $2,000 USD and 10,000 USD; however, if you already have an updated computer and laptop, and basic equipment, these expenses may be less.

Equipment, Supplies, & Services During Start-up or In The Future:

Diagnostic tools and testers
Laptop
Reliable transportation
Gloves and grounding tools
Small precision screwdriver set
A variety of toolkits including wire strippers, solder guns, etc.
Digital Voltmeter
Different types of cables (USB, audio/video, etc.)
Office Equipment

Monthly Expenses to Consider:

Certifications/Training
Wages
Rent/Mortgage payment
Utilities
Fuel
Phone
High-Speed Internet Access
Common Monthly Business Expenses

Special Requirements:

You may decide to obtain an additional certification for hardware and software (IT)

Pros and Cons:

The Pros:

Minimal startup investments
High-profit margins are available
This business is completely expandable
Being your own boss

The Cons:

Customers can be impatient and demanding
You may be held responsible for lost data
You may be on call at odd hours
Intermittent problems can be difficult to diagnose
You don’t have control over some software problems
In the future of personal computers, it may become a disposable unit that is if there is a problem it’s cheaper to buy a new one, like most laptops these days.

Type of Customers You Need to Attract:

As technology continues to advance, more and more homes and businesses have computers and networks. Clients can include businesses such as retail stores, law firms, government agencies, as well as a variety of small businesses, and home computer users.

Revenue:

Entrepreneur Magazine says that the national average for computer service billing is $100 USD. This varies though. For example, the average for Manhattan is $160 USD.