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What you Need To Know About Starting a Computer Repair Business

June 25, 2018 647 views

Image of a computer

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:

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:
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.

Resources:

Related Sites:

PC Mech

Courses:

Comptia

Training Camp

Be Your Own IT

Equipment and Supplies:

Directron.com
Outletpc.com
IT World

Franchises:

FastTechs

Lucky Gorilla

Associations:

Association of Computer Repair Business Owners

Other:

Computer Repair Business Plan

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