Computer Repair Shop Business Plan

Computer Repair Shop Business Plan-28
Other financing options to consider include: Try to run the business as lean as possible, at least in the beginning, to minimize the amount of money you're borrowing.

Other financing options to consider include: Try to run the business as lean as possible, at least in the beginning, to minimize the amount of money you're borrowing.

Also, if family members are home during your work hours, they may compete for your time and attention, making it difficult to focus.

It’s also important to make sure your home business is protected by commercial property insurance.

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.

But what about tech whizzes who dream of being their own boss?

Problem Solving Tools Ppt - Computer Repair Shop Business Plan

If you have a knack for fixing electronics, starting a computer repair business could be a logical career move.

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.

It forces you to not only think about how you want to structure the business initially, but also how you envision it evolving over time.

Some of the questions your computer repair business plan should answer include: Once your business plan is finalized, you'll be ready to approach lenders if you choose to look for business funding.

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