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| Thread ID: 69352 | 2006-05-30 00:00:00 | small business startup | aidanmaz (7180) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 458952 | 2006-05-30 00:00:00 | am seriously considering starting up a business repairing pcs from home, as being unable to find employment after getting my A+/Network+ certification. I hav permission to use 1/2 a double garage to convert to a workspace, only prob is wher can a 17 get finance to do such a thing? parents dont want to as they arent confident i can fix a PC (i got my qualifications didnt i? and the pc i am using right now was built by me) Anyone know where i can get finance? | aidanmaz (7180) | ||
| 458953 | 2006-05-30 00:12:00 | To get finance you will need a solid business plan, profit/loss projections. To be honest, you probably dont have a hope in hell. Especially given the competitive nature of industry you are entering. Your best option is to get a part time job to fund the business, and as the business grows hopefully you can drop the part time job. But before you do anything actually write up a business plan, especially given the negative cash flow potential of your business (e.g. pay for parts up front then give customers a 20 day invoice). |
superuser (7693) | ||
| 458954 | 2006-05-30 00:28:00 | actually in the area i am in, according to my market research, there are no businesses that cater for the home user, i rang up all of the companies and checked prices and stuff (average is bout $65/hr) i have a business plan, a solid one using a business plan how-to book i ordered. | aidanmaz (7180) | ||
| 458955 | 2006-05-30 00:36:00 | actually in the area i am in, according to my market research, there are no businesses that cater for the home user, i rang up all of the companies and checked prices and stuff (average is bout $65/hr) i have a business plan, a solid one using a business plan how-to book i ordered. Why didn't you say so in the first place! :D Your odds went up a few points with a good business plan and some market research. |
superuser (7693) | ||
| 458956 | 2006-05-30 00:37:00 | actually in the area i am in, according to my market research, there are no businesses that cater for the home user, i rang up all of the companies and checked prices and stuff (average is bout $65/hr) i have a business plan, a solid one using a business plan how-to book i ordered. Wrong. Take a look in the Western Leader for a start - several businesses already doing this. Not to mention the Local Directory - heaps of them. A PC-Fix-4-U is one who took over quite a few of my customers when I left. Theres another in Titirangi who advertises with SeniorNet West Auckland among other places. Your research so far sucks. As for finance - for what? I sure didn't borrow any money when I started. I did use my husbands cash flow for the more expensive purchases initially, such as if I was asked to build an entire system. Until I built up stock of spare parts (and trademe can be handy for smaller things like test ram, NICs, etc...) I mostly used my own PC bits for testing. To be honest you are too young, most customers would be put off straight away, whether or not its reasonable. Get some experience first, theres hundreds of PC shops and wholesalers in Auckland. Go and ask them for work experience first, unpaid if you have to, its a foot in the door. |
pctek (84) | ||
| 458957 | 2006-05-30 00:38:00 | How much finance do you think you need? It's hard to imagine that you need much - maybe a couple of grand? Have you got a car? Sell it. | Greg (193) | ||
| 458958 | 2006-05-30 00:43:00 | To be honest you are too young, most customers would be put off straight away17 is too young? Nonsense. Anybody who needs someone to repair a PC probably knows at least that it's the youngsters of today who're most adept at doing anything PC-wise. And if his rates are slick enough, along with a bit of intuitive marketing he'll get his customers. | Greg (193) | ||
| 458959 | 2006-05-30 00:55:00 | To be honest you are too young, most customers would be put off straight away, whether or not its reasonable.You sure about that? I had only just had my 17th birthday when I started my business (door-to-door PC repair & tuition), and I never had any problems. Now I'm 18 1/2, and business has never been better. | Erayd (23) | ||
| 458960 | 2006-05-30 01:01:00 | Tools required. 1 Working PC that has an internet connection, looks as you have this covered. 1 or 2 screw drivers, even the $2 shop sells these. Start small, and dont spend any of the money you earn on you untill you build up a healthy bank account. Then you can start taking drawings and investing in more equipment. |
Rob99 (151) | ||
| 458961 | 2006-05-30 01:07:00 | Tools required. 1 Working PC that has an internet connection, looks as you have this covered. 1 or 2 screw drivers, even the $2 shop sells these. Start small, and dont spend any of the money you earn on you untill you build up a healthy bank account. Then you can start taking drawings and investing in more equipment.Exactly. There are stacks and stacks and stacks of "lol I can fix a computer" people operating out of lounges and bedrooms around the country, most of em fleecing old people and barely capable of what they claim to do. If you're any good, chances are you'll get referrals. An A+ with no experience isn't much to bring to the table as far as jobs go. |
ninja (1671) | ||
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