Starting Your Business - Advice and Guidance




Articles:
Computer Repair Franchise is an In-Demand
Business
There's no doubt almost
every household has a computer - at least those located in a
technologically-powered area. That being the case, a customer repair franchise
is a good business.
Product Ideas: How To
Determine What to Offer
Product ideas or services
that your computer business will offer are not as easy to decide upon as you may
think. When you start a new business this part of business planning is often
taken for granted.
Why a Service Business is the Easiest Kind to
Start
A service business is the
easiest kind of business to start because you already have the skills you need.
It's also the easiest kind to bootstrap.
Five Things You Need To Remember Before Starting
a Small Business
Everyone knows someone who
has decided to go into small business but did you know that 70% of all small
businesses fail within the first 12 months of operation.
Starting a Business? Remember That Hope Isn't a
Plan.
Optimism is a necessary
component of the entrepreneurial spirit. When it comes to starting and
running a business, however, ignoring legal risks and hoping that nothing bad
will happen is not a plan.
Opportunities in Computer Repair
Business
Computers are part of
everyday life in all corners of world. As their usage is increasing, customers
too along with problems regarding their functioning and output.
Is a Technology Franchise Right for Me?
If you have any experience
in the computing and telecommunications industries, a technology franchise could
be the perfect fit.
Small Business Failures: Causes
And Prevention Tips
Every year, more and more
entrepreneurs experience small business failures. The reasons behind these
seemingly sudden deaths vary. However, these causes are avoidable if you know
how. As early as now, you can take measures to prevent your business from dying
on you.
Home Computer Repair Business - Starting Tips
You are a good candidate for
a home computer repair business if you have above average skills in this area.
How to Start a Computer
Repair Business
Starting a computer repair business is no walk
in the park by any means but it’s also not impossible. The key is to understand
in this business like in any other there will be up’s and down’s good times and
bad.
Starting a Small Business!-Avoid
these Four Major Entrepreneurial Mistakes
It is with much hope that
every entrepreneur sets off starting a Small Business. Making money was his main
objective. Failure was never in his mind but things don't seem to happen the way
he had planned for.
Computer Repair Business Forms That Every Small IT
Business Needs
Are you using computer repair business forms to help
you run your company?
Before You Go Out On Your Own – Conflicts Of
Interest
There are
two pieces of advice that are often mentioned here on Technibble. They are:
8 Home Business Success Tips - Set Up your
Business for Success
Do you want to have a
successful start to your Home Based Business? I sure did and I am assuming you
want the same to happen for you.
Secrets Of Successful Entrepreneurs: 3 Surefire
Ways To Succeed In Business
Anybody can be a successful
entrepreneur. Even someone who didn’t finish college or wasn’t born rich can
attain financial success.
Small Business Start Up Checklist: 5 Crucial
Steps When Starting A Business
Every new business needs a
small business start up checklist. This list will not only keep your business
running smoothly, it will also help you have more organization in your company.
How To Start A Computer Support
Business
Starting a
computer support business is something that with some experience and training
almost anyone can do.
Start Your Very Own Computer
Repair Business
Computers are everywhere!
Used and sold by the billions of people in business, education or at home and
the IT Industry is only becoming stronger every day.
Buying a Franchise in a Recession
When the economy is in the doldrums you may start to wander about your prospects
of buying a franchise in a recession. It is often prompted by the fact
that job opportunities are hard to come by and you need to do something. Thus,
an idea comes up to turn to franchising.
Start Your Own
Computer Repair Business Now? You Bet!
It's very easy to get dragged down by all the bad
news in the financial and housing sectors. You hear
news about unemployment on the rise, businesses
failing, and consumers not spending. The government
is trying to bolster the economy with huge
injections of money. And you want to start your own
computer repair business in this economy? Well, yes.
Starting a Small Business in Tough Times
As lenders tighten their credit restrictions,
entrepreneurs are frustrated that traditional
sources of small business funding are disappearing.
Money is still out there but it requires more than
just consulting with bookkeeping services to prepare
a quick business plan and applying for a loan at
your local bank. Business owners need to find
funding designed for their unique business
situation.
Selecting A Business
Name - What's Involved?
Awww, the almighty business name. Are you planning
on starting a business? Do you really know what's
involved in selecting an appropriate business name
for yourself?
Common Myths About
Operating A Business Franchise
As with any business venture, you can not always
rely on information passed casually between holes at
the golf course. While 95 percent of all franchises
are successful, there are several common myths that
may set some franchisees up for failure.
Computer Service Tips That Build Your Client List
the Right Way
Are you spending most of your time and energy
chasing down one-shot deal computer service
customers? Do you feel like you are always keeping
your fingers crossed, wondering whether or not
you’ll get called again in a few months or a few
years?
Starting Computer
Repair Business Mistakes!
Starting computer repair business mistakes are not
unlike any other business start up mistakes. Under
capitalization, not planning for cash flow and
operating costs, unrealistic sales and revenue
projections, and no marketing plan, are all common
mistakes.
Opportunities in Computer Repair Business
Computers are part of everyday life in all corners
of world. As their usage is increasing, customers
too along with problems regarding their functioning
and output. So a big market has emerged with
opportunities to cater computer repair needs
Start Your Own Computer Repair And Maintenance
Business At Home
Computers have
their stubborn days and as such, the demand for
computer repair and maintenance businesses is
increasing exponentially. If you are a tech whiz and
have the necessary tools at home, this job can
really work for you.
Seven Steps to Prosperity: Starting
Your Own Computer Services Business
Self employment has increased over 12.2 million
people according to a study on the Small Business
Administration website. Would you like to join them
and start your own small business?
You can, it’s really a simple process.
Small Business Startup-10
Steps for Practicing Good Business
Fundamentals
The "Business of Business" has ten
fundamentals that if perfected will help improve
your chances for success.
Computer Repair Business Opportunities
With PCs penetrating the remotest corners of the
world, business opportunities in computer repair
business is booming. Computer users are literally
bombarded with advertisements about the tremendous
opportunities in this field. Although the demand is
great in this field, it is always recommended that
you do a thorough analysis of your strengths and
weakness before you jump into computer repair
business
How To Start A Computer Consulting Business
To start a computer consulting
business, first you should have the preliminary
knowledge of computer systems. Other important
requirements to start a computer consulting business
are powerful problem solving skills and of course an
inner feeling of helping the people in difficulty.
Is
The Computer Repair Business Dead?
Computer repairs are being done by computer novices
at a higher rate than ever before. More and more
people do their own computer repairs. Whether it is
installing a hard drive or installing an operating
system. Is the computer repair business dead?
The
computer industry is evolving. It is always
changing. In fact, if there is one thing that is
sure in the computer repair industry it's that
change is going to happen. Companies like Microsoft
have gone out of their way to m...
Computer Repair Franchises: Buying an Existing
Business
Existing computer repair franchises are typically
available immediately and are a good option for
professionals looking to start a new business in the
computer industry.
Computer Repair Technician Jobs – Or Hire Yourself!
The
good news about computer repair technician jobs is
that technology is always changing and will require
highly skilled people to provide support and
service. The bad news is that the IT department is a
high cost administrative area that is a slow moving
target for budget cuts.
Computer Home
Business
95%
of all Windows computers currently online are
plagued with data-mining, offline ad pop-ups,
something called parasites, trojans, dialers,
browser hijackers and lots of stuff even meaner
sounding than viruses.
Starting Your Own Computer Repair Business
You have a passion for working on a computer
and you like fixing computer problems. Time to open
your own computer repair business right? Well...
Make sure you have good answers for the following
questions.
How
To Make Money In Computer Repair
Learn what you need to start your very own business
helping people fix their PC's.
Super Tricks For Buying A Small Business
A
golden rule to follow when buying a small business
is never believe a seller when they speak about
future earnings potential, because that is
impossible to predict.
Starting
A New Business In IT and Getting Clients
Starting a new
business is difficult. Customers don’t typically
come calling on you right away. Everyone starts
somewhere and not all of your first clients will be
long term, sweet spot clients.
The
Many Advantages of Franchising
If you are worried about the risks associated with
starting a business on your own, then you are on the
right page! Franchising is just what the doctor
ordered for those willing to ride on the back of
well established, successful brands.
Great Ways to Cut the Cost of Starting Your
Franchise Business
One of the reasons a franchise
business has such a high potential for success is
because of all that's included in the initial cost.
Start Your Business
for Success-The First Time
You are thinking about starting your business and
you know you need to attract and retain customers
while remaining in control.
.
Computer Repair Franchise is an In-Demand
Business
By
Tom Brinic
There's no doubt almost
every household has a computer - at least those located in a
technologically-powered area. That being the case, a customer repair franchise
is a good business.
Despite the growing number
of companies incorporating computers into their over-all business operation,
there is always a demand for computer repair, plus the fact that there are tons
of IT related services all through out the modern market. This results to an
opportunity to launch your very own computer repair franchise.
Picture yourself the
businessman behind the premier provider of emergency response computer service
in the country. Just make sure you deliver the technical and back-office support
your clients need. Your service must also be around the clock and fast!
A computer repair franchise
is a business that must be able to solve computer problems and provide solutions
to the wide array of customer needs.
The key to having a
successful computer repair franchise is by offering your customers the following
emergency response services: emergency repairs, upgrades, data recovery,
disaster recovery, virus prevention and instant support.
Plus, you could also offer
the following business automation to your clients: distribution, accounting,
manufacturing, installation, implementation, e-commerce, training, wireless and
pager integration and web design.
In order to solve the modern
computer problems faced by countless users today, a computer repair franchise
must have the resources mentioned above. They must also be able to control their
professional future and continue and keeping their customers satisfied.
A computer repair franchise
can succeed as a business by having the assistance and support of the big
players in the computer industry such as Microsoft, Novell, Cisco, Compaq, IBM
and Macola.
The next step is to train
your employees. In order for your computer repair franchise business to be one
of the best in its field, your employees must know computer support like the
back of their hands.
In order to maintain your
business, you must have training programs involved in the concentration of
activities taking place in sales department, dispatchers and customer service.
You must also be clear with
the customer and employee legal contracts to avoid complications in the future
which could lead to a possible downfall of your computer repair franchise.
Invoicing, purchasing and
collection assistance are also crucial aspects in a computer repair franchise
that deserves to get the owner's attention. By closely monitoring these, the
businessman (you) will have a better understanding of what is going on with his
company.
You must also be updated on
the status of the services you provide your customers: web hosting, product
expediting, shipping, receiving, quoting and vendor certification assistance.
Pricing recommendations,
marketing, advertising, accounts payable and insurance assistance are the
financial areas of the computer repair franchise. With proper budgeting, the
business can boom even more despite the up and down costs.
Chances are if you are a
computer pro, then you pretty much know the computer 101 and can easily share
your knowledge to those who are in need of enlightening. Only the best computer
professionals and organizations can provide top-notch computer repair franchise.
By delivering the goods -
the best technology, the quickest support and a friendly network - your computer
repair franchise can easily thrive in the industry. Amidst your competition, as
long as you provide what the client needs then your business is here to stay.
Before making a responsible
decision involving franchising your business or
investing in a computer repair franchise, you should get all the information
you can regarding the matter. Our website,
Franchising My
Business offers news, tips and advice to help you through this decision
making process.
Article Source:
EzineArticles.com
<TOP>
Product Ideas: How To
Determine What to Offer
by
Joshua
Feinberg
Product ideas or services
that your computer business will offer are not as easy to decide upon as you may
think. When you start a new business this part of business planning is often
taken for granted.
Deciding upon a product idea
or service to offer typically starts with an assessment of your technology
skills. Once you know what you are good at, it is easy to come up with a
service or product idea that interests you. Therein lies the problem.
Many new business owners
base their service and product ideas on their interests rather than their target
customers’ needs.
Two Approaches to Service
and/or Product Ideas
Approach Number One
Find a platform that you
enjoy working with that sounds really, really cool and sounds like a product
idea or service that everyone would want and need.
Then go and read every
single book you can get your hands on, on that topic.
Attend every workshop and
conference being held about this product idea or service.
Prepare for, and write, a
certification exam to improve your credentials when offering this service or
product idea.
Approach Number Two
Start talking to very
specific kinds of business owners and managers that are most likely to need IT
services on a regular basis from your firm.
Determine from their
answers, the services or product ideas they are most likely to need in the next
year.
With Approach #1 you will
need to sell clients on your product ideas and services.
You will need to convince
clients that they need what you are offering. In contrast, with Approach #2,
the product ideas and services should sell themselves.
You’ve already done the
selling by asking them what they need. It’s pretty hard for them to deny
needing the product ideas and services they told you they needed in the first
place. If you asked the right businesses, then these people should have the
willingness and ability to pay for the services and product ideas you are
offering.
Bottom Line on Product Ideas
Your product ideas and/or
services must come from your potential clients. If you choose based on your
interests, you will have a much tougher time selling your product ideas to
them. When you go straight to the source and then match your skills with the
product ideas they suggest, your business will take off all that much smoother.
Copyright MMI-MMVII,
Computer Consultants Secrets. All Worldwide Rights Reserved. {Attention
Publishers: Live hyperlink in author resource box required for copyright
compliance}
Joshua Feinberg has helped
thousands of computer consultants get more steady, high-paying clients. Learn
how you can too. Sign-up now for Joshua’s free Computer Consultants Secrets
audio training at
http://www.ComputerConsultantsSecrets.com/blog/
Article Source:
ArticleRich.com
<TOP>
Why a Service Business is the Easiest Kind to
Start
by
Julie Austin
A service business is the
easiest kind of business to start because you already have the skills you need.
It's also the easiest kind to bootstrap. There are plenty of low cost marketing
solutions you can use.
In the beginning you will
probably be the one doing all of the work. But since you’ll be running a
business from a skill you already know, it’s just like working for an employer
only all of the money goes into your pocket instead of making someone else rich.
You learn how to run a
business from the ground up by bootstrapping it. Once you start hiring people
you will know exactly how to train them to do their jobs.
You’ll want to start
matching your job skills with other factors to generate unique ideas for your
business. Do you have any hidden talents that you could get paid for? You can
use your expert knowledge to create a niche within your service business? Do
you know all of the hiking trails in your neighborhood?
Start combing these elements
to create niche markets within your service business. In a sea of competition
you want to stand out as being unique and different.
What kind of working style
do you have.
Do you like working in the
morning or late at night? Do you like working indoors or outdoors? Do you like
to travel or stay close to home? Know your work style, whether it's working
alone or with others?
Your service business should
be something you enjoy which also uses your strengths, skills and talents.
The one skill you are going
to need above all others is the ability to sell. In the beginning there will
only be you and you’ll have to do all of the selling. Get used to it. Get good
at it. You’ll need to know how to train others to do it once you have grown
your business beyond your capacity.
Enthusiasm is contagious and
it draws a buyer in. If you are excited about your business, others will be
also. Be persistent in your selling. In the beginning you will need to hustle
for business.
The best way to start a
service business is to bootstrap it. When you don’t have a lot of money to
spend you have to get more creative.
Your service business should
be something that will generate cash flow quickly and has long-term potential to
grow into something bigger. Pick a good name for your business because that will
be your brand. This is the first exposure your customer has and it should
establish you in a good light.
Use inexpensive marketing
methods like flyers and business cards to get started. Offer discounts for
trying you out.
And above all else give
excellent customer service. It’s free and it will keep your customers coming
back to you.
Copyright (c) 2010 Julie
Austin
Julie Austin is an
award-winning inventor/entrepreneur with a product called swiggies, wrist water
bottles. She's also the author of the book "The
Money Garden: How to Plant the Seeds for a Lifetime of Income".
Article Source:
ArticleRich.com
<TOP>
Five Things You Need To Remember Before Starting
a Small Business
By
Chris Le Roy
Everyone knows someone who
has decided to go into small business but did you know that 70% of all small
businesses fail within the first 12 months of operation. In some countries that
failure rate is as high as 85 to 90%. Small Business is one of the toughest
industries you can ever decide to take on and most people who go into small
business go into it for the wrong reason.
I have started 4 small
businesses over the last 10 years and every single one of them has been started
from scratch and survived into a thriving business. Just recently I have decided
to sell one of the businesses off cause it had done what I expected it to do
which is the first issue you need to think about.
Issue 1. Have a Clear
Understanding of What You Want To Achieve In Your Business
The majority of people, who
actually go into business, go into it for the wrong reasons. Even I have been
guilty of that. So what is this wrong reason, most people start a small business
because they believe they can do a better job then their current boss. Maybe
this is true, maybe it is not but what most people really want is better working
conditions and better pay. No one can blame you for wanting that. If that is all
you want, then I strongly suggest you stay away from small business.
One of the key issues you
must remember before evening thinking about starting a small business is this.
Do you know what your business will look like? If you were walking down the
street, how would you want to be found? What impression do you want to give to
your clients? What clearly do you what to achieve in this business?
The second clear
understanding you must have of your business is, when will you know when it is
finished? When you have built what you want to achieve and more importantly, how
will you get out?
See most people when they go
into business have no exit strategy and that is one of the worst things you can
do. Before you ever start a business, the first thing you must work out is how
you are going to get out of the business.
Two years ago, I started a
small car cleaning business. My wife and I both started it because she wanted to
see if she could build a business. Our exit strategy was to sell the business
once it was done. How we would sell it was something we were not sure of?
See we could have taken a
number of approaches to this. Our exit strategy could have been to franchise the
business, sell it to a single owner or to float it on the stock market. We chose
that we only wanted to sell it to another owner, but we still built the business
in such a way that there was still plenty of growth and opportunity in the
business for the new owner, but we had removed the risk for them on how to run
the business by clearly documenting everything they needed to do to run that
business.
Before ever starting a
business, always think about how you will exit the business, when you have
achieved your objective for that business. If you do not have an exit strategy
in mind, then you will never get out of the business.
Issue 2. Keep a Strict
Schedule
Small business is consuming.
Unlike in large corporations where you can hire many people to do a range of
tasks, small business requires the small business owner to do many of the tasks
themselves. Some of the tasks include doing your books, lodging trademarks,
doing the ordering etc. Often when you start in small business, you can not
afford to hire people to do these tasks.
What I have personally found
is that if you do not keep a tight schedule and document your meetings and tasks
you have to do then it will not take very long before you will be swamped by all
the things you have to do in the business every day. It is this phenomenon that
often leads small business owners to quit and fail in the first twelve months.
Let me tell you this, the warning signs that this is starting is when you say to
your wife on a Saturday or Sunday afternoon that you are going down to the
office to catch up on paperwork for a few hours. Once you get into this habit,
you will never stop doing it and the business will consume you really quickly.
I strongly recommend all
small business owners keep a diary. My preference is to use Microsoft Outlook,
simply because it includes a calendar and you can make sure that each day you
schedule your work plus your appointments to make sure you do not forget
anything. If you do this, then you will find over time you can get through this
plus you will learn how long it should take to do the various jobs that make up
your business and whether it is worthwhile in getting someone to actually do
those tasks for you.
Issue 3. Build Your Own
Mastermind Group
I read a book a little while
ago called Think and Grow Rich and is written by a gentleman called Napoleon
Hill and he talks about the thirteen secrets to success and obscene wealth. One
of the things that I learned both from this book and being a small business
owner was that I needed a Mastermind Group.
The Mastermind Group is
simply a group of professionals who can help me achieve my objectives for my
business. Literally anyone can be part of your mastermind group and some of
those would be people like a lawyer, an accountant and other people like your
peers who can help you in building your business but it may also include people
who are not in business as well to help you keep that balance. The Mastermind
Group are really those people you turn to for advice and direction. You do not
necessarily have to take their advice but a good mastermind group will allow you
run through scenarios on what is happening and the potential outcomes.
Issue 4. Have one night when
you do something on your own for you!
One of the big issues that I
have had over the last ten years is that I have not been doing every single week
is something on my own but I say that I am in the process of changing that.
Often when you start in business, with the excitement of building your own
business you get so consumed that you forget about a life outside of your
business and your business becomes your life.
This is really not a good
thing nor is it healthy. Even multi-billionaires do things for themselves
outside of business. Look do not get me wrong, business is fantastic and fun and
can be both enjoyable and a nightmare however there are other things out there
outside of business.
When you start a small
business, do not neglect your sports, do not neglect doing something social, if
you do, in the long run you will find that you business suffers. Plus, in small
business it is very easy to become bitter and twisted but by maintaining those
none business activities it will help you to balance your life.
Issue 5. Don't neglect Your
Partner or your Family
I would love to see the
divorce statistics for small business owner’s because I am quite sure that the
divorce rate in small business would have to be about 70 or 80%. The majority of
married couples (and I am talking about 90% of the small business people I Know)
that I know who have gone into small business in their 30’s have actually been
divorced within 18 months of them starting the business.
Look there are lots of
reasons why this happens, but in a lot of the cases, the partner who has gone
into business neglects their family and money gets tight. In the partners case
it is not their fault it is simply because the person gets consumed into the
business and they forget they have a life outside of the business.
If you have a family, make
sure that you do at least one activity a week as a family. Whether it is having
a family night at home such as a video night or games night, or even just going
to the park to play once a week, make sure that you do it. PLUS, you must ensure
that at least one night a week must be for just you and your partner. If you do
not do that your marriage or relationship will suffer.
One thing I share with all
the people who come through our training business is that if you want to go into
business that is cool but you must be prepared to accept two things –
1. You must be prepared to
start from scratch if your business does not work
that is you must be prepared
to start with just the shirt on your back.
2. You must have 100%
support of your partner and family
If you cannot accept these
two things, then do not go into business because too many people who I see that
start on this journey fail and end up miserable and have such a downward spiral
which leads them to doing something silly, like take up drinking, drugs or try
to commit suicide. Remember, 70% of all small businesses fail within the first
12 months. If you were a betting man would you back something that only had a
30% chance of winning, not likely, yet people still go into small business.
The bottom line is this,
small business can be the most awesome ride of your life, but it can be also the
most difficult and when you choose to go into small business, take your time and
plan what you want to achieve. Remember the old saying if your Fail to Plan, you
Plan to Fail.
Author Information:
Would you like to learn more
on how to implement the Thirteen Secret Steps all millionaires know in the path
to becoming an obscenely wealth and successful person. Then find out how with a
copy of our Think
and Grow Rich book by Napoleon Hill and our audio package. Check out our
Meditation Music to help you master this important program.
Article Source:
Article99.com
<TOP>
Starting a Business? Remember That Hope Isn't a
Plan.
by
Linda E. Cummings, Attorney at Law
Optimism is a necessary
component of the entrepreneurial spirit. When it comes to starting and running
a business, however, ignoring legal risks and hoping that nothing bad will
happen is not a plan. There is just too much that can go wrong. Identifying
your legal risks and then addressing them to eliminate the risks you can and
minimize and manage the risks you cannot eliminate is not a failure of
optimism. Instead, knowing what your business liability risks are and managing
those risks should free you to move forward with developing and growing your
business with realistic hope, not nagging worries.
What are the most common
(and most important) legal liability issues businesses (no matter how small)
face? I don't know that any business attorney would be able to produce a
comprehensive list of every possibility, but here's my attempt at a reasonably
complete outline of the issues which should at least be considered by every
entrepreneur:
1. Business Formation
Issues: Should the business entity be a sole proprietorship, partnership,
LLC or corporation? Even a single owner can incorporate or form a single-member
LLC, and this decision is not strictly a legal matter, but should be made in
consultation with an experienced business accountant as well.
2. Business Governance
Issues: Once a decision regarding the type of legal entity the business
should be is made, creating governing documents for that entity must be
considered. Even a single-member LLC should, ideally, have an operating
agreement (and may have to have one to keep its legal status, depending on the
jurisdiction). A business with more than one owner (whether LLC members,
shareholders or partners) needs governing documents, period, even when the
business is family owned and operated. What happens if someone wants "out"?
What happens if someone wants someone else "out"? How will decisions be made if
everyone doesn't agree (particularly if there are only two owners)? How do you
get paid, how much, and how is that to be decided? And, something which is very
important to cover (but often entirely overlooked) - what happens when it's all
over (also known as the "exit strategy")? You have a choice - hire a lawyer at
the beginning, while everyone still likes each other, to formalize your
relationship, or wait until a conflict develops and then hire a lawyer to
litigate it. I'll give you three guesses about which approach costs less, and
the first two guesses don't count.
3. Employment Issues:
Whether the business has employees or independent contractors, there are legal
liability issues which should be addressed and managed with appropriate written
agreements. As far as I am concerned, there is no good reason not to have a
written employment and/or independent contractor agreement. In addition,
serious consideration should be given to creating an employee handbook to cover
not only the terms and conditions of employment, but such issues as technology
use and potential abuse (including e-mail, social media, your website, etc.) and
intellectual property issues such as non-disclosure agreements and/or
assignments (if pertinent to your business).
4. Transactional
Issues: What will your business buy, rent or sell? Whatever it is, you'll
need a contract. As discussed below, form agreements from the internet are
worth just about what you pay for them (probably much less). If you start
there, be sure not to end there, if you'd like to keep the money you
earn.
5. Capitalization
Issues: Unless you are a sole proprietor bootstrapping the startup of a
business with your own personal savings, the manner in which the business will
be capitalized must be considered and the associated legal issues handled
appropriately. Venture capital, equity and stock option compensation all give
rise to legal liability issues which must be effectively managed in order for
the business to succeed. Even small businesses with no employees, in which the
owners provide all of the "sweat equity", can benefit greatly from an agreement
which explains just exactly what in the way of rolling up the sleeves is
expected of every member; it sure helps to prevent misunderstandings, hurt
feelings and, ultimately, deadlock or worse among the business owners.
Can you handle some of this
stuff yourself, and save some money? This may sound strange coming from an
attorney, but yes, I think you can. One can easily stumble into "penny wise,
pound foolish" territory in doing so, however. Several times over the past
year, for example, I have been consulted by sole proprietors who used an online
service to create their business entities a while back, but then didn't have any
guidance on what to do with them (required filings with the Secretary of State,
tax payments, corporate finalities such as minutes and meetings, that sort of
thing). As a result, they derived no protection against personal liability by
forming their business entities. They may as well have saved the money creating
a corporation or LLC altogether, purchased great insurance coverage, and
operated as a sole proprietor for a while, until they were ready to take on a
partner or investor, or hire an employee. A corporation or LLC you don't know
what to do with is really a waste of time and money to create, even through an
online source.
Another example is using
form contracts you buy (or find) on the internet. Again, this may sound strange
coming from an attorney, but you may be able to save some legal fees that way.
If you've found some contracts on the internet the terms of which you like,
there's no harm in giving them to your lawyer and explaining what it is you like
about them. Certainly, lawyers use their own template contract terms when they
create new agreements (you didn't think we start from scratch every time, did
you?) My own templates are only valuable to me because they are the end product
of years of learning and "tweaking", and they are only the beginning (there is a
significant amount of customized drafting required to tailor a template to fit
the specific needs of a particular business transaction). Here's a perhaps more
concrete example. An employment agreement you found on the internet may be
worse than not using an employment agreement at all if its terms violate the
employment law of your specific jurisdiction. So for heaven's sake, at a
minimum you will want to have a business attorney at least review the contracts
you intend to use in your business. And by that I mean all of them. Because
using agreements with conflicting provisions may (you've got it) be worse than
using no agreements at all. So, strictly from a cost-benefit analysis
perspective, you have two choices. You can hire a business lawyer to create
your business contracts for you up front (i.e., template contracts you can
actually use to make money), or you can hire an attorney to litigate disputes
over inapplicable or misused internet forms later. I'll leave it up to you to
guess which approach is the most cost effective for your business.
My sense is that there are
three big reasons why small business owners (particularly start-ups) don't want
to hire an attorney to help them. They are ego, money and fear, and I'd say
they vary in order of importance depending upon whether or not the business
owner(s) has/have prior entrepreneurial experience. What I mean is this:
1. Ego: You have to be a
pretty confident, self-assured person to start a business. Often, the belief
that one knows all one needs to know about all things related to that business,
and better than anyone else could possibly, is an associated personality trait.
Of course, most entrepreneurs who try to start and run a business, and actually
succeed at it, learn at some point in time that failing to enlist the assistance
of a trusted legal advisor is a mistake. For those entrepreneurs, the second
time around is usually the charm, because they have learned to set aside ego in
favor of effective legal assistance.
2. Money: If you don't
have it, it's hard to spend it. Or, there may be some ego overlap (why pay for
something you don't need?) Again, there are things you can do yourself to save
money, but "penny wise and pound foolish" just doesn't work for most
businesses. If you can't afford a large, expensive business law firm, find an
experienced solo practitioner who will agree to help you by "unbundling" his or
her legal services and performing work for a flat fee, and at least get the
basics covered so you can make money and keep some of it too. It won't get
easier (or cheaper) to handle the legal "basics" than at the very beginning of a
business.
3. Fear: Entrepreneurs who
have tried to work with attorneys in the past who tended to thwart rather than
facilitate getting business transactions done are understandably fearful of
travelling that path again. The best I can recommend here is that you find a
lawyer who advises but doesn't dictate, and that you spend some time with that
lawyer explaining your business and reaching an agreement regarding your risk
tolerance (and p.s., if your lawyer knows that you have a high tolerance for
business risks and still tells you that you are about to do something stupid,
you can be pretty sure that you are, in fact, about to do something stupidly
risky). Find the right attorney, and treat that lawyer as part of your business
team. It is his or her job to advise you on how to manage your legal risks.
They won't go away because you refuse to hire a lawyer at all, or do but then
avoid discussing your business risks with your lawyer. And you won't save
yourself any legal fees that way either.
Linda E. Cummings, Attorney
at Law. For comments or questions, or for other information about how to manage
your business risks, please visit me at
http://msquire.wordpress.com .
Article Source:
ArticleRich.com
<TOP>
By
Pc Repair Experts
Computers are part of
everyday life in all corners of world. As their usage is increasing, customers
too along with problems regarding their functioning and output. So a big market
has emerged with opportunities to cater computer repair needs. A few people have
jumped into this field but still there is scope for many. One should always
analyze his strengths and weakness, polish up his skills before entering into
this field as people with good fundamentals will only survive at last.
Many online resources now
provide comprehensive business plans which are helpful for a newbie. They give
detailed description on various required components, obstacles in this field and
details which will help to sustain a successful profile in computer repair
business. Many real life rags to riches success stories are available on
internet of people in this field. Many go through business plan templates that
come in popular world processor formats, automated financials and easy to use
presentation templates are available online which can be used readily to start
ones own venture in computer repair business.
All these tools will enable
to enter the market as a professional. They help to deal with daily financial
situations and help while expanding the business later.
It is crucial to be equipped
with all the technicalities before entering into the business. One should be
careful in choosing his team while opening his venture. The team must consist of
qualified people with considerable amount of relative experience in the field.
With a good team organizational structure, financing, operations and marketing
could be planned. The business objectives could be decided and financial targets
could be set. These all are necessary for running a successful business.
As the market of computers
and their peripheral cousins is growing fast, the demand for computer repairing
professionals will never decline. The start costs can be between $5000 to about
$12000; depending on the depth of business. For serious efforts in marketing
more money would be needed to spend.
This profession would
provide immense satisfaction beside handy technical and management skills along
with ‘job security’. Offices report that defunct computers lead to a high level
of stress and sometimes even panic. So by repairing computers, man’s long time
companion in office, not only the machine will be healed but its owner/ operator
as well.
It’s up to your choice
whether to visit the site i.e. the client’s homes or the office with your tools
or get them come to you. However the former will fetch you more clients and
money as time is one thing most people gladly pay for. As far as people see it,
your work is indispensable. So you are going to earn whether it is repair or
maintenance. Preventive maintenance, such as dusting and cleaning disk drives
can earn you a tidy sum on quarterly to annual basis, as per your work schedule.
You can actually sign AMC with big offices having many computers. They would be
eager for such things as problems regularly appear and they do not have to
search for a qualified professional every time. They can directly contact you
and get their problems sorted out in the minimum of time.
It is important to get your
name around. You must spread a mouth by mouth publicity or reference campaign
through your relatives, neighbors and friends. Do get your tech- friendly
business cards printed out and leave them at computers retailers. Meet some
software retailers and other persons related to computer field. You never guess
first opportunity may appear form where. Ask people whose computers you have
fixed to write testimonial or review and get it printed in local newspapers. You
can surely offer to do a few free test fixes before pricing your services.
You must keep all your tools
in good order. To carry a laptop at the client site along with screwdrivers to
open up hard dives, disk cleaning material, diagnostic and antivirus software,
spare parts and some fix-it –yourself manuals will be helpful and make you
prepare for all kind of problems. Last but not the least you should check the
particulars from you state Law regarding the need for a license or permit for
starting a computer
repair and maintenance business .
About the Author:
Computer Repair
Specialists, Laptop Repair Specialists and Virus Removal Specialists.
Article Source:
ArticlesBase.com
<TOP>
Is a Technology Franchise Right for Me?
by
Bob Richman
If you have any experience
in the computing and telecommunications industries, a technology franchise could
be the perfect fit. There's no denying that technology is a booming industry.
Over 75% of American households own and use a computer. Cell phone usage has
been steadily climbing since the late 70s, and today it's estimated that over a
billion people own and use cell phones worldwide. These are just two areas in
which your knowledge of technology can help you own and operate a successful
technology franchise.
One of the best reasons
for starting a technology franchise is the demand for these types of services in
the marketplace. Technology changes so fast that there is always a large
percentage of the population who needs help with technology-related issues.
Whether it's installing a program on their computer, managing their cell phone
or creating a website for their business, your role as a technology business
owner can help bridge the gap between their needs and their knowledge.
Mobile computer repair
is one of the largest sectors in the world of technology franchises. Computers
are so integral to daily life that people can no longer wait a few days or weeks
to get their computer back from a repair shop. They're looking for the
convenience of having someone come to their home and repair their computer in a
matter of hours. There is a huge demand for quick and reliable service and
owning a Computer Medics franchise allows you to meet that demand.
Computer Medics has a
proven business model that will give you a leg up in the world of computer
repair. The parent company will provide you with training, support and tools
that you need to have success with your technology franchise. As you work, you
build long-term relationships with your clients based on your trust and
professionalism. For someone with experience in IT or strong interest in
computers, this could be the perfect technology franchise.
Businesses also have a
need for technology support just like independent consumers. Concerto Networks
is a technology franchise that taps into this growing need. As a Concerto
Networks business owner you'll be able to help small to medium-sized businesses
manage the technology that helps them make money on a daily basis. From
computers and the internet, to phones and PDAs, Concerto Networks technicians
help businesses run efficiently.
Another option in the
technology franchise industry is cartridge refilling. Considering the price of
new ink cartridges for printers, it's easy to understand why this is a booming
business. Cartridge Depot is a technology franchise that aims at changing the
way people buy ink and toner. With this business, you sell remanufactured
cartridges that offer the same quality as new cartridges for just a percentage
of the price. Not only does this technology business allow you to help others,
but as you recycle cartridges for your customers you will be helping the
environment as well.
About the Author:
Technology franchises come in many other varieties as well. Cell phone
retailers, web professionals and child-centered technology all fall under this
banner. To learn about more options in the technology franchises field, visit
www.franchisegenuis.com.
Article Source:
ArticlesBase.com
<TOP>
Every year, more and more
entrepreneurs experience small business failures. The reasons behind these
seemingly sudden deaths vary. However, these causes are avoidable if you know
how. As early as now, you can take measures to prevent your business from dying
on you.
Read on to learn the causes
of small business failures, and how to prevent them.
Cause # 1: Poor Management
One of the major reasons for
small business failures is poor management. I’ve heard so many stories about
entrepreneurs being too laid-back that they succumb to mediocre management.
A word of advice: Small
businesses may be easier to manage than large multi-national companies, but that
doesn’t mean they don’t need your attention any less.
When you let your guard
down, that’s when you start missing some of the most crucial details. Customer
service disappoints… Your own employees steal from you… Overall quality simply
isn’t worth it anymore. The best thing to do here is to remain dedicated to your
work. Have every minor detail go through you first.
Cause # 2: Poor Location
Starting a business isn’t
just about having the capital to set it up. It’s also about knowing where to put
it up. Lack of careful planning leads to small business failures. For example,
you can’t exactly start an ice cream business in a place that is always cold and
stormy, or in a place where no one eats ice cream at all.
In order to avoid wasting
time and money, make sure you conduct a serious study on the nature of your
business and where it would most likely thrive. Conduct a feasibility study or a
survey. Do everything you can to prepare yourself before the business actually
materializes.
Cause # 3: Poor Marketing
Build it and they will come.
Yeah right; if it’s only that easy. But you can’t just start a business and
expect people to know what it’s all about.
Unless you practice your
marketing chops or at least generate a bit of buzz, don’t expect to be flooded
by customers. In fact, don’t expect to have any customers at all. At most, all
you’ll have is a curious bystander or two. Even word-of-mouth requires you to do
something to get people to talk.
Every business has a
different gimmick to get people to come to them. The most reliable would be to
advertise in the local newspaper or to give out flyers in the street. Others
like to play loud, catchy music to get people to notice them.
With these tips, you don’t
need to fear small business failures. Yours will go on living and growing for a
long time to come.
Want to know the success
secrets of the world's richest business people? Discover the 7 vital traits of
successful entrepreneurs now, and take a FREE quiz to know if you have what it
takes to get rich, at
http://www.expertpersuader.com/successupgrade .
Article Source:
Free-Articles-Zone.com
<TOP>
Home Computer Repair Business - Starting Tips
By
Sergio Ferreira
You are a good candidate for
a home computer repair business if you have above average skills in this area.
Considering the continuous growth of this industry, and the increasing demand
for repair services, you should take advantage of this opportunity. A word of
caution: don't be like many home business entrepreneurs that fail because they
don't take the time to prepare the ground for a successful start.
Home Computer Business
Opportunity
Did you know that sales of
computer services this year are expected to exceed $47 billion and most of that
amount will be on repair services? In today's world, almost everyone you'll
encounter either has a computer at home or at work. Most of them would benefit
from your services because they don't know how to repair a computer, and don't
have the time or desire to solve their computer problems.
When starting a computer
repair business, some of the services you can provide include: repairs, parts,
maintenance, upgrades and software.
Work from Home Computer
Business Steps
Competition Comparison -
Whether you do full time or part time computer work, first you need to get as
much information as you can about your competition. The range of services they
provide, rates, availability, how do they advertise, etc. The more you know, the
easier will be for you to develop your services and outperform your competitors.
Added Value - Try to be
creative and think about some extra services you can offer your customers at
little or no cost to you. You need to create added value in the eyes of your
clients.
Develop Your Own Niche - You
also need to determine what computer services have most demand so you can
specialize in a particular field and have an edge over your competition. If you
plan to remain a one-person operation, the residential market may suit you best.
License, etc. - Once you
decide to start your computer based work at home, you need to get a business
name, a business license and liability insurance.
Keep Up to Date - The
computer industry evolves rapidly, so you need to schedule time for continued
education and training. If your knowledge becomes obsolete, your competition
will push you aside. Visit websites such as CNET and ZDNET to get updates on new
software applications and new technology seminars being offered.
Home Based Computer Business
Plan
Regardless of the business
you wish to start, you need a business plan to keep you focused. If you fail to
plan, you're planning to fail. For a general business plan read "Home Business
Start Up Basics". Among the computer repair books, I highly recommend "Spyware
and Virus Removal Business". It gives you a step by step blueprint to build a
solid and thriving business doing computer repair work.
Remember that people are
entrusting you with their important and personal files stored in their
computers. Treat them with care and professionalism as if they were yours. With
the necessary information and a good business plan you'll be able to enjoy the
benefits and potential of a work at home computer job.
WARNING! - 95% of the online
business opportunities are scams. Don't be the next victim! Get free information
on how to avoid scams and choose the best legitimate business opportunity.
Article Source:
EzineArticles.com
<TOP>
by
TJ Helms
Starting a computer repair business is no
walk in the park by any means but it’s also not impossible. The key is to
understand in this business like in any other there will be up’s and down’s good
times and bad. You have to just stick with it and stay focused. Many of the most
successful computer repair shops started in someone’s garage and then blossomed
into large corporations with hundreds of employees. With that said I think it is
also important to point out there are many steps involved in beginning your own
business and they can vary depending on where you live and what rules your state
has in place concerning licensing and such.
When I started it was almost by accident I
had a passion for technology and liked the challenge of figuring out just how
things worked (Sound familiar? if so this business is probably a good fit.)
After working with my own computers at home and tinkering around with friends
and family member’s machines I finally began formal college classes and launched
my own computer repair shop.
Alright now that you have a
little information about me and how I got into this business think about your
own story and what is motivating you to start a computer repair operation.
(Note if your only motivator
is money you probably won’t get very far)
-First of all do you have
any formal training? If the answer is no you may want to check into some courses
or certifications
(Note A+ might be a good
place to start and I will post information on this topic in a later post)
-Next consider exactly what
it is you want to do. For instance are you more comfortable dealing with
hardware issues or software issues? Or do you feel confident in your ability to
handle both? Believe it or not there is also a big market out there for people
willing to teach others how to use computer programs like Microsoft Office
-Now consider your
workspace, do you have a spare room you can use with outside access if working
from your home? Do you maybe have a garage that you can convert into a make
shift office and storage unit? Or maybe you would prefer to travel to clients
homes and work on their computers there. Whatever the case you will certainly
need to decide where you will work and make sure that area is set up to
accommodate The computer you are working on and any tools you will need.
-Finally What tools will you
need? Well if working with hardware you will most definitely need a screwdriver,
maybe an anti static bracelet, a few cans of compressed air, and safe cleaning
solutions which are made specifically for cleaning sensitive computer
components. There could also be a number of other tools you find yourself in
need of but to start with this is the list I recommend.
Once you have covered the
basics it’s time to think about drawing in clients. Business cards with your
name, company name, and contact information is always a good idea that is if you
hand thme out and don't just let them sit in a drawer somewhere collecting
dust.They are also pretty cheap to make.
Flyers and coupons for your
service are also another great idea and pretty cost effective. You can even use
your home computer and printer to make them up and don’t be afraid to get
creative with it you want to grab people’s attention. Once you make them up give
them away try placing them on cars in parking lots if you can get the permission
to do so, hang them up on bulletin boards in grocery stores again if you can get
the permission to do so, and finally hand them out.
A few other ideas might be
to get an ad in your local newspaper, use your car as a mobile billboard, and or
put up signs advertising your service.
Finally get started and
remember if you get stuck or have a problem that you don’t know how to fix you
can always ask for help. Online forums and chats are a great way to ask other
Tech professionals for guidance.
GOOD LUCK!!!!!!
About the Author:
Im a single mom with a lot
on my plate. I love to learn new things and share all that I know with others. I
have a unique perspective on the world and I pride myself in being honest,
trustworthy, and respectful to others.
Article Source:
ArticlesBase.com
<TOP>
Starting a Small Business!-Avoid
these Four Major Entrepreneurial Mistakes
by
Kanaga Siva
It is with much hope that
every entrepreneur sets off starting a Small Business. Making money was his main
objective. Failure was never in his mind but things don't seem to happen the way
he had planned for. Even the hope for Survival seems to have disappeared and
Failure haunts him at every turn. Why does this happen and happen so often to
numerous small business entrepreneurs?
The four major mistakes
often made by new small business entrepreneurs are:
1.
Improper or No Research:
The most fundamental thing
to do before starting a small business is to do a market research to find out
whether there is sufficient demand for the product or products you have to
offer.
Perhaps the reason for the
failure to generate the funds is that there is no market for your product or the
market is saturated. The need for your product in your area of business activity
should be your prime consideration before starting a small business. Only if
there is sufficient demand for your products, you will be able to generate the
funds necessary to help you run your small business, survive and succeed.
2.
Improper or Under Funding:
Quite often the urge to
start a small business is so great that the very vital aspect of funding is not
given due importance. Businesses are started on a shoe string budget and shops
open with very little stock and offices with insufficient equipment. To ensure
the purchase of stock and equipment it is absolutely essential to have proper
funding in place before commencing your business. Furthermore your business
might take several months to start making a profit and hence funds are necessary
to help your small business survive and keep your morale up during these early
months.
If you don't have sufficient
funds of your own, it will be wise and proper to obtain a loan before starting
your business. This could be obtained from your bank or you can seek the
assistance of the Small Business Administration which offers numerous loan
programs to assist Small Businesses.
It is important to note that
the SBA acts primarily as a guarantor of loans made by private and other
institutions.
Taking huge loans out of
proportion to your needs can also be detrimental to your small business since
provision has to be made for higher interest payments.
3.
Insufficient Advertisement and Promotion:
No Business can be
successful unless the public is made aware of the existence of your small
business and its products. The best of equipment and stocks cannot generate
sales unless the public is made aware of it. Hence advertising your small
business and the products before the commencement of your business and
thereafter should be a major consideration. Failure to do so has been the cause
of failure of several small businesses.
4.
Unnecessary expenditure:
One of the major causes for
the failure of a small business is the improper handling of the funds.
Extravagant expenditure at the initial stages such as the purchase of expensive
cars, equipment and expensive business lunches completely out of proportion to
your needs can eat into the capital and leave your small business with very
limited working capital. Hence proper and wise handling of funds especially at
the early stages can make all the difference between success and failure.
Conclusion:
Failure to avoid the above
mentioned mistakes for one reason or the other can be detrimental to the
progress and success of your small business.
Securing the services of a
consultant to help you plan out your small business before starting will be a
wise move to ensure success.
Author Information:
Copyright © 2006 Kanaga
Siva
Kanaga Siva has a wealth of
experience in Marketing and operating a successful Home Based Business. You are
welcome to visit his
Free Home-Based Business Website for Articles, Resources, Ideas and Advise
to start a Successful Small Business or Home Based Business
Article Source:
Article99.com
<TOP>
by Joshua
Feinberg
Are you using computer repair business forms to help
you run your company?
If not, you need to stop re-inventing the wheel for
every customer's whim ... and start working more
efficiently. This way you can focus on building
long-term relationships and getting repeat
business.
Many new computer repair entrepreneurs are so
excited to get up and running that they don't
develop streamlined documents for working with
customers and clients. Then, when business picks
up, they realize there really isn't time in the day
to start from scratch every time a new customer
comes in the door. It's really important to your
company's future to plan and customize computer
repair business forms, so you can better organize
the work you do. This way, you'll be able to
respond quickly and efficiently to client needs as
your business grows and changes.
At the minimum, you'll need 3 important computer
repair business forms if you want to attract
long-term small business clients.
-
Rate Card Template.
Developing a very clear and concise rate card
should be one of your main priorities as you
start your computer repair company. If you want
to attract long-term clients and move beyond the
short-term payout of one-shot deal customers,
make sure you aim to have a roster full of
clients on annual service/repair agreements. In
order to attract these types of clients, make
sure your rate card template stresses the
EXTREME difference between annual service
agreement rates and regular, "pay-as-you-go"
rates. Make sure your rate card focuses on the
benefits you provide to your long-term clients
such as prioritized response time, emergency
service, monthly planning sessions, etc. at no
extra cost. A properly-designed rate card
accomplishes a variety of goals, sets the tone
for your level of professionalism, fully
discloses and clearly communicates your fees,
ensures that you are fairly compensated for
after-hours and emergency repair services,
allows you to bill more for highly-skilled work,
and reinforces the value proposition of your
long-term, annual repair agreement.
-
Annual Service Agreement Template.
Many technology repair professionals don't
realize how crucial it is to base their
businesses on serving long-term clients. When
you have a roster of clients that have agreed to
entrust you with their on-going maintenance
needs, you get steady, predictable revenue and
give your clients the benefit of knowing they
have someone there on a weekly, monthly and
annual basis to take care of their complex
technology needs. Service agreements provide
the foundation to develop long-term
mutually-beneficial relationships, so you know
where your next billable project is coming from
at all times. This way, you can plan your
growth and stop scrambling to find the next
short-term customer. So, you really need to
include an annual service agreement template in
your list of computer repair business forms.
-
Change Order Form.
Even with the most thorough up-front needs
analysis and project planning, your clients will
inevitably come up with additional work items
once a major project is underway. These "oh, by
the way" types of items are why you need a
change order form. You may not think so at
first, but change orders can make or break a
project. And the "make" or "break" really
depends on how well you are able to handle the
requests. At a bare minimum, change orders
require anywhere from minor to major revisions
to any time and materials budgets in initial
proposals and price quotes. Change orders also
can monumentally impact projected milestones and
estimated completion dates. In order to protect
you and your clients, and manage their
expectations, you need to establish from the
outset how you and your clients will deal with
change order requests. Change order forms can
also help you discourage clients from making
little changes on a regular basis; they will
have to think before they act and ask
themselves, "Is the desired change really worth
the cost of the change order?"
In this article, we talked about 3 important forms
every PC repair company needs to help efficiently
and profitably run a business and build more
long-term client relationships. Learn more about
how to use
computer repair business forms to attract
steady, high-paying clients now at
http://www.ComputerRepairBusinessForms.com
Copyright (C) ComputerRepairBusinessForms.com All
Rights Reserved
About the Author:
Joshua Feinberg is the author and editorial director
of the
Computer Consulting Kit Home Study Course, which
helps computer consultants, VARs, integrators,
solution providers, and managed services providers
get more of the best, steady, high-paying small
business (SMB) clients.
Article Source:
ArticlesBase.com
<TOP>
Before You Go Out On Your Own – Conflicts Of
Interest
By
Bryce Whitty
There are
two pieces of advice that are often mentioned here on Technibble. They are:
1. It is a
good idea to get experience while working from someone else before you start
your business.
2. It is a
good idea to build up your client base after hours, until it reaches a point
where your day job is affecting your computer repair business. That way, it’s a
soft slide into the shallow end rather than a jump into the deep end.
Stand alone,
each of these lines are good advice. However, they not good advice if you were
to do both of these at the same time. Let me explain.
This topic
came up when a member on our forums mentioned that he currently works as a
technician for another computer business, while starting up his own computer
business on the side. He was trying to do the right thing by keeping his clients
and his employer’s clients completely separate, so he wasn’t poaching any
clients from his boss. So there shouldn’t be a problem right?
This is what
you would call a “conflict of interest” which is defined as “when an
individual or organization is involved in multiple interests, one of which could
possibly corrupt the motivation for an act in the other”.
While I
highly doubt this forum member would do anything to harm his boss since he
already has taken the moral high ground in keeping the clients separate; the
potential is always there, even if it’s an unconscious decision.
There are
also “insider secrets” that this person could unconsciously. For example, let’s
say that his boss had developed a system where they could always fix computers
in a very short about of time (shorter than most) and was always cheaper than
everyone else. This gives his boss a competitive advantage over everyone else in
the town and since this technician had to made use this system while he was
working for his boss, he is obviously going to remember it. Once this technician
goes out on his own, I doubt he is going to purposely use a slower and less
efficient method to fix computers when he already knows a better way.
Now that
there is a competing technician in town that going to do the exact same thing,
the boss just lost his competitive advantage. This is why working for someone
else as a technician and running your own business on the side is a conflict of
interest.
This
technician would also need to take a look at his work contract to make sure
there is no non-compete clause in there which prevents him from starting up at
all. In order for this technician to do the right thing by his boss, it would be
better for him to quit his job completely before he starts his business to avoid
the conflict of interest – and if his work contract allows it.
So, while
working for someone else to gain experience and building up your business on the
side are good advice separately, they are not good advice when put
together.
About the
author: Bryce Whitty is a Professional Computer Technician who started his
business when he was 17 year old. Bryce writes Technibble articles about
Business How-to's and stories from "the trenches".
Article
Source: Technibble.com
<TOP>
8 Home Business Success Tips - Set Up your
Business for Success
by
Brian Jones
Do you want to have a
successful start to your Home Based Business? I sure did and I am assuming you
want the same to happen for you. Well, setting up your home office the right way
makes a big difference in your business success outcome. You may or may not
agree, but it has made an impact in my experience and many others I have talked
with.
For example, you are talking
with a prospect and you need your business partner to speak with them, but you
don't have 3-way calling setup on your phone system. Guess what, you now are
going to miss out on some invaluable training because you will not hear how your
business partner handles the prospects questions.
8 Tips for Setting up Your
Home Based Business for Success
1. A great
phone plan is essential to your success, so make sure you have the following:
* UNLIMITED Long Distance
* 3-Way Calling
* Caller ID
* Call Waiting
* Voice Mail
* Call Forwarding
* Anonymous Call Rejection
* Call Return
* Repeat Dialing
2. You
must have a calendar
Your calendar is the
backbone of your office. Without it, nothing moves forward. You can choose an
online calendar such as in Google or Yahoo or in Outlook, or you can purchase an
appointment book from your local office supply store.
3. Your
computer software tools:
* High Speed Internet
Access
* Adobe Acrobat 8: Free
download - http://www.adobe.com/
* Flash Player plug-in: Free
download -
http://www.adobe.com/products/flashplayer/
* Internet Explorer: Free
download -
http://www.microsoft.com/windows/ie/default.asp (Internet Explorer 6
is sufficient)
* JavaScript: Free download
- http://www.java.com/
* Email Software - You may
want to use Outlook or Outlook Express for your business email. Most other
people use one of these, so it will keep uniformity in your business
organization.
4. A good
filing system
Staying organized is
extremely important because doing so will help you work efficiently.
Organization is very personal, so I suggest you personalize your folder names in
a way that makes sense to you.
Here are some examples of
folders you will need:
* Your "Main Business"
Folder
* Sample Business Emails
* Training Material
* Advertising
* Announcements and
Promotions
* Faxes
* Leads
* Tax records and payment
receipts
5. Email
signatures
Your signature should
include a closing, your name, contact information (website, email address, and
phone number) and a quote or favorite expression is optional. (always be mindful
if using a quote to keep the message appropriate for a business environment)
Your signature can be a
powerful advertising method, use it wisely.
6. Staying
connected: Instant Messenger Service
Instant Messenger services
allow you to communicate with your online contacts, get your questions answered
and leverage your time because your phone line will be open for incoming calls
from prospects.
Be sure to get the instant
messenger ID of your mentors and business partners so you can always be in
touch!
Yahoo Instant Messenger:
http://www.messenger.yahoo.com
MSN Instant Messenger:
http://www.msn.com
AOL Instant messenger:
http://www.aim.com
Skype:
http://www.skype.com/
7.
Shopping for office supplies
You will need:
* Large 3-Ring Binder with
Tab Dividers
* Plastic Sheet Protectors
* Calendar
* Pens and Pencils
* Paper (printer paper and
writing pads for taking notes)
* Correction Fluid
* Manila folders
* Plastic organizer to hold
pens, paper clips, sticky notes, etc.
* Post it Notes
* Paper Clips
* Stapler
* 3-Hole Punch
* Filing Cabinet
8.
Creating the mood - your office environment:
Your office should buzz with
positive energy. Motivate yourself by posting your goals and the reasons "WHY"
you started your home based business. Family photos may help you keep your
focus. Motivational slogans or an inspirational quote can keep you focused on
your goals.
Decorate your office in a
way that reflects your taste and personality. Create an up tempo climate which
motivates you to do your best. Your environment should promote a peaceful, yet
exciting atmosphere for you to work in, so use pictures or anything that will
create this scenario for you.
One of the biggest perks of
working at home is having the freedom to personalize your workspace, so be
creative in setting up the ideal work environment.
These 8 simple tips that we
have covered can help you to a successful start in your business. By following
these tips, you will be able to expand your business and keep your business
flowing. You will be more focused on building your business and that is your
goal, is it not? I wish you the best in your business venture.
About the Author:
Brian Jones runs a
successful home based business and has a mission to help other people achieve
time freedom in their life. He coaches others to run their own online business
because this is one of the key ingredients to success at home.
Visit him to
learn more and also receive your free gift of the
Top 15 Online
Marketing Questions.
Article Source:
ArticlesBase.com
<TOP>
Secrets Of Successful Entrepreneurs: 3 Surefire
Ways To Succeed In Business
By
Michael
Lee
Anybody can be a successful
entrepreneur. Even someone who didn’t finish college or wasn’t born rich can
attain financial success. How do you think these people manage to do it? Simple.
They knew the secrets of successful entrepreneurs and applied them in their
life.
I know that you must be a
little skeptical. If anybody can be successful financially, then why are most
people still in the same place they were five or ten years ago? The answer is
fear.
They are inadvertently
holding themselves back. Are you one of them? Now is the time for you to turn
your life around. Read these secrets of successful entrepreneurs and realize
your dreams.
1) Passion is everything.
A lot of self-made
millionaires are passionate about what they do. Whether it’s making gift baskets
or selling sporting goods, if the passion is there, the money will definitely
follow.
So if you’re thinking of
starting a successful business, better start with what you’re really passionate
about. Sit down with yourself and list down the things you really like. Even if
your passion sounds ridiculous, it wouldn’t be silly anymore after you earn
millions of dollars from it!
2) Planning is a must.
One of the secrets of
successful entrepreneurs is planning. These people eat, drink and breathe
planning. Why? Because if you don’t know how to plan things accordingly, you’re
going to end up wasting your potential and your time. Other people will be able
to trick you into shelling out money, or into making unsound decisions.
If you’re not really a
planning person, then you’re going to have to adjust. Buy yourself an organizer
and commit to it. If it’s not written there, then it’s not happening.
3) Faith will lead the way.
Somewhere down the road, you
might start having doubts about whether this whole thing is such a good idea or
not. This is where faith comes in.
A lot of successful
entrepreneurs have experienced losing direction and not knowing what they should
do next. But they hang on with only their passion, their planning and their
faith.
Soon, something happens that
boosts their business. They regain clarity and direction. This is one of the
reasons why faith is one of the most important secrets of successful
entrepreneurs. Without it, everything else will be for naught.
You already know how the
financially successful live. Now, you also know the secrets of successful
entrepreneurs. I say you’re well on your way towards attaining your goals in
business and life.
Get your FREE access to the
success secrets of the world's richest and most successful business people.
Discover the 7 vital traits of successful entrepreneurs now and take the
self-assessment quiz, audio, and video - for free - at
http://www.expertpersuader.com/successupgrade .
Article Source:
Free-Articles-Zone.com
<TOP>
Small Business Start Up Checklist: 5 Crucial
Steps When Starting A Business
by
Michael
Lee
Every new business needs a
small business start up checklist. This list will not only keep your business
running smoothly, it will also help you have more organization in your company.
As an entrepreneur, you
might want to do things your way, but it can’t hurt to learn a thing or two from
the people who have already gone through the path you’re just about to embark
on.
Below is the small business
start up checklist compiled from different businesses.
1) Create a Business Plan.
A business plan is the heart
and soul of every business. Before starting your business, you first have to
know what you want to happen and how you can make that happen. Nothing spells
disaster more than a business without a concrete plan.
2) Register Your Business
Name.
One of the first things to
tick off in your small business start up checklist would be the name of your
business. You might not think that this is a big deal, but it is one of the
first steps you have to take before you can start operations.
Once you have chosen a name,
register it with the appropriate organization. Make sure to think of two or
three more names just in case the name you want has already been chosen.
3) Meet Legal Requirements.
Starting a business as an
adult is not the same as starting your own lemonade stand when you were in grade
school. Included in the small business start up checklist is meeting legal
requirements.
Now that you want to legally
operate your business, you’re going to have to fill out a few documents and make
whatever arrangements are necessary. This also includes obtaining the
appropriate licenses and permits.
4) Choose a Bank for your
Business.
When starting your own
business, you naturally have to choose a bank to help you with your operations.
You might need the bank when asking for a business loan or when you need to open
a business account.
If you have your own
accountants, it is also advisable that you consult with them regarding the bank
they are most comfortable and familiar with.
5) Create Risk Management.
You have to be ready for
emergencies. In case plan A doesn’t work, be sure to have plans B, C and even D
lined up. What are you going to do when your business doesn’t skyrocket as you
predicted? How are you going to deal with a security breach?
Risk management depends a
lot on the type of business you want to have. However, be sure to consider
insurance, backup systems and security systems, just to name a few.
A small business start up
checklist is mainly composed of all these things. However, it is also important
for you to be meticulous. Nothing is too small to take notice of when it comes
to running your own business. Your business may still be small now; but given
the right management, it will soon grow to be large and prosperous.
Get your FREE access to the
success secrets of the world's richest and most successful business people.
Discover the 7 vital traits of successful entrepreneurs now and take the
self-assessment quiz, audio, and video - for free - at
http://www.expertpersuader.com/successupgrade.
Article Source:
Free-Articles-Zone.com
<TOP>
By
Bill
Nadraszky
Starting a
computer support business is something that with some experience and training
almost anyone can do. As a person owning an independent computer support
business as well as a website to help others that support home users I thought
it would be nice to point out the steps needed to start a business helping home
computer users as well as some of the skills needed to get started.
There are
four steps to getting the business started.
Business license
Every area
is different but the legal aspect is always important and lends credibility to
your business. Get your business license and also get insurance in case
something goes terribly wrong, like lost business data that gets pinned on you.
Business cards
Of course
you need some kind of a calling card. I know a small businessman who years back
worked out that his business increased $1 per month for every business card he
gave out. Go to Staples or Office depot as they have low prices for 500 or 1000
cards with some customization.
Flyers
The bulk
of your business will come from flyers that you post up in various places. Put
up flyers wherever possible. I have gone to supermarkets, bulletin boards at
large businesses as well as small and Real Estate and mortgage offices. Your
best success will come in offices where a lot of independent people work with
their main computer being at home not supported at their work.
Computer software
There is
no way around this. Over time you will find great software for diagnosing
problems as well as for fixing problems. Two of my favorite CDs for support are
the Ultimate Boot Disk as well as the Windows Ultimate Boot Disk. Both of these
are free CDs to download and include a great many pieces of freeware that will
help you out. These two Cds are self booting which is nice but you may also
create a disk over time that has software you can run right out of Windows.
Website
A website
is critical. You do not need something really slick but you do need a site for
marketing as well as so that people can contact you or direct others to contact
you. The basic info on the site should be your email, phone number, services you
offer and maybe a menu of services that you offer. You will find that you do not
have to prove how much better you are than everyone else because word of mouth
can move very quickly.
There are
also some skills that are very important to have to get your business started:
Strong windows skills
This can
not be overstated. The person that has a strong knowledge of how the various
parts of Windows work is the one that can diagnose and fix the problem fastest.
Although you want to have a lot of billable hours you want to be sure that you
are not fiddling around looking for a fix as your clients will lose confidence
in your ability and you will feel bad about taking so long to fix a problem.
Keep up with great message boards like the ones at www.neowin.net, as well as
others that have a lot of fixes. Also it is important to know the Windows boot
process and how the local group policy works. I hate to say it but I have
learned more from supporting my mom's computer over the years for free than I
have learned from my own machines because she is not nearly as careful as I am
in operating a computer. Remember that most users are not going to have any idea
how their computer broke so your own probing questions are often better than
just diving straight in and troubleshooting. Lastly know what each of the
processes does on a running PC and have a good feel for what to make of errors
in the error logs of the machine, these are always invaluable. You can get
diagnosis of errors from the logs at www.eventid.net .
Virus knowledge
Keep up
with the latest viruses and how they are affecting computers. A very small
number of viruses account for a great percentage of the infections out there and
once you isolate how a virus has wreaked havoc the faster you can get rid of it
and get the machine up and running properly again. I use www.sarc.com as well as
the Internet Storm Center for this kind of information. When you get a customer
set up with anti virus pick a favorite like Norton or McAfee instead of a free
virus scanner so that the user does not have you to blame if they get reinfected
by viruses. Use good quality control by setting up a realistic upgrade and
weekly scan schedule based on the user's computer habits.
Spyware knowledge
This is a
really tough one. I keep up with spyware just by searching on the net and trying
to find the resources that people are using to get rid of spyware. Also as you
use products, especially free ones for fixing PCs like adaware or Spybot you
will get a good chance to see what people are getting infected with regularly. I
used to see Bonzi buddy a lot but now it is more aggressive spyware that forces
you to fix in safe mode as you lose your regedit. Whenever you are getting a
customer up and running though it is a best practice to have them use Spyware
Nuker or one of the other pay products instead as then you do not have to worry
about being the only point of failure if a computer gets reinfected.
Registry knowledge
No one
expects you to know the registry inside and out but be sure that you are very
proficient with the current user and local machine hives of the registry as that
is the most customizable portion of the registry. Also take note of keys that
are being affected by various spyware and viruses. Quite often I will find
unasked for extras in the filesystem that stop me from using the regedit command
but I have had luck using regedt32 or going into the registry from safe mode.
Again the better you know the registry the better off you will be when fixing
problems.
Hardware knowledge
I have an
A+ certification from years back and I am sure that this gave me a great
grounding as hardware has changed over the years. You have to be able to at
minimum be able to build a PC from scratch as this will give you knowledge of
each component of the computer, teach you about BIOS upgrades and drivers and
where to find them. There are so many sites on the internet which specialize in
each component of a PC that Google will be your best bet for finding
information. Another great resource is Maximum PC as they always have up to the
minute news on cutting edge hardware as well as software. A couple of good sites
that I frequent are www.tomshardware.com and www.lockergnome.com
Staying up to date with the latest news
This one
should go without saying. One of the best ways to start a day in my eyes is to
use my Maxthon browser add-on (I know I should have converted to Firefox already
but no I haven't!) and open up www.neowin.net www.activewin.com www.pcmag.com
www.wired.com www.cnet.com www.incidents.org www.internettrafficreport.com
Marketing
One thing
that I have only touched on so far is marketing. After you have the skills down
the most important thing you can do is market your business. There are a few
things besides flyers. You can do sneaky things like leave a couple of cards at
the local bookstore in the computer section, send support type articles to the
local newspaper and hope to get them published, and finally strike up computer
conversations in the line at the local grocery store. In the more mainstream
marketing methods you should join the local chamber of commerce, volunteer to do
computer work with local charities, put ads in any local newspapers especially
the free ones, and be sure to get together with other people in the industry
Bill
Nadraszky is a computer tech support technician and runs a web site for those
support home as well as business users at
Computer Tech Tips
Article
Source:
EzineArticles.com
<TOP>
by
Groshan Fabiola
Computers are everywhere!
Used and sold by the billions of people in business, education or at home and
the IT Industry is only becoming stronger every day. Computers have a great
future ahead and there is no evidence of it slowing down either, but with so
much competition Computer-troopers.com is here to aid Independent IT
Professionals to unite together under one Brand and to grow an identity that
everyone’s going to hear about, you can supply local IT Support with-out the
hassle of starting out from the very beginnings or spending your hard earned
savings into buying a franchise.
It’s factual to notice that
the Pc Repair Business is an enormous market place, not to mention a competitive
one too. But more businesses are closing more quickly as the economic crisis
forces them all into financial surrender and the only solution is to quit and
run rather than to fight a losing battle.
It’s easy to start a
computer repair business, but it’s quite a difficult and challenging task to
make it run successfully and to keep it that way. Before starting such a
business you need a thorough analysis of your strong and weak points. You should
be able to decide whether you can jump into the computer repair business and
make the most of all the amazing opportunities that this industry has to
offer.
For inexperienced
businessmen it is not the easiest task to start a computer repair business,
especially when you have to do so from scratch. The potential for failure is
considerable even if you have notable experience and skills in this field of
activity, so buying into a computer repair franchise could be a good way of
reducing this potential for failure. Yet such a franchise requires considerable
investment. On the other hand, becoming part of a membership community and using
an already established brand as your own to start your very own computer repair
business is an excellent way to minimize the risks of failure, whilst making
minimal investments.
Some big pluses of using a
brand name as your own in order to start your computer repair business include
the availability of training and support, proven advertising, as well as
possibly lower computer part prices. Becoming part of a reputable community
translates into immediate success, as this provides IT professionals with access
to a wide range of comprehensive solutions and excellent opportunities, it
allows them to make use of a trustworthy brand and enables them to take care of
their clients in a professional and effective manner through the impressive
marketing packages that certain communities provide.
Planning and starting your
own venture like a true professional in this field of activity will be a lot
simpler if you are equipped with valuable tools such as complete solutions for
starting a computer repair business. PC repair business startups can include
everything from organizational structure and operations to marketing and
financing.
There is no doubt that the
market is there for starting your very own computer repair business. With
virtually every firm, company, corporation and small or medium-size business
depending on computers in one way or another and with billions of people all
over the world owning computers and using them on a regular basis, it is more
than obvious that this market offers tremendous business opportunities. The
question is whether you have what it takes to venture into it. IT skills and a
certain amount of experience in the computer repair field, as well as a head for
business and the necessary determination and motivation to succeed are basically
all the requirements that one has to meet when attempting to start a PC repair
business. All the other aspects of starting and running a computer repair
business will be swiftly and efficiently taken care of with the assistance and
support that you can get from a large and rapidly growing membership community
that interfaces with independent service providers.
About the Author:
For more resources about
Pc repair business
startups or even about how to start
a computer repair business please review this website:
http://computer-troopers.com
Article Source:
ArticlesBase.com
<TOP>
by
Andre Chernih
When the economy is in the doldrums you may start to
wander about your prospects of buying a franchise in
a recession. It is often prompted by the fact that
job opportunities are hard to come by and you need
to do something. Thus, an idea comes up to turn to
franchising. Three are a number of reasons to
consider buying a franchise in a recession:
- Franchising offers a safer bet than starting out
on your own - Industry experience is not a
requirement to operate or finance a franchise
-You are buying a proven system that should have a
plan for how to operate in a down economy
- You receive a disclosure document (FDD) describing
your investment in detail
- No matter if you are buying a franchise in a
recession or not, you get a chance to interview
existing franchisees who can share their experiences
So, as you can see, everything mentioned above
alleviates some worries about buying a franchise in
a recession. However, you will still be facing a
number of risks, among them:
- Financing is much harder to find in a recession.
Be prepared to provide a hefty down payment (at
least 20%) and come to the process well organized.
- If the franchise you are considering is relatively
new, it likely did not have a chance to experience a
downturn before. Can you find out how that
particular system will behave in a recession?
- It will cost you time and money to find the right
franchise, perform due diligence, interview existing
franchisees and arrange financing.
- Once you buy a franchise it may take you a few
months before you will open for business. If you
just need income, getting a job is much quicker.
- Yes, cash flow is a challenge. When buying a
franchise in a recession it is especially important
to be prepared to NOT be able to take out money from
the business for a while. Try to put together a
conservative cash flow statement in order to avoid
financial disaster.
As long as you are prepared to deal with the
negative factors mentioned above (in addition to
ones that probably apply to your unique situation)
it is well worth it to buy a franchise in a
recession. Of course, downturns do not last
forever. If a franchise has a good track record of
success, you can count on your business to pick up
once the economy improves. Plus there are a number
of factors that can contribute specifically to your
decision to buy a franchise in a recession:
- If you need a location, space is readily available
in a recession
- Labor, overhead and marketing costs are also lower
during the downturn
- Franchisors are more open to a negotiation on
fees, territories and financing
- Recessions help weed out weaker competitors,
clearing a way for a solid franchise system
- You can usually take advantage of lower interest
rates
As you consider the time it takes to investigate and
buy a franchise, look at it as a positive. By the
time you finish the due diligence process, arrange
financing, go through training and build out your
location months will go by and the economy will be
stronger. The most important thing is to stay
committed to the process. If you are set on becoming
a business owner, franchising offers thousands of
opportunities to fulfill that dream.
One more thing to remember, there are no recession
proof franchises, no matter what anyone tells you.
However, some franchise businesses are recession
resistant and hold up better in a down market. For
more on finding the right franchise go to:
http://franchise-opportunities-search.com
About the Author:
Andre Chernih is a franchise expert, editor and
manager of the web site
http://www.Franchise-Opportunities-Search.com a
collaborative compilation of information articles,
opinions and recommendations created to help
aspiring business owners learn about franchising and
find the right franchise opportunities.
Article Source:
ArticlesBase.com
<TOP>
Start Your Own
Computer Repair Business Now? You Bet!
by
John Dow
It's very easy to get dragged down by all the bad
news in the financial and housing sectors. You hear
news about unemployment on the rise, businesses
failing, and consumers not spending. The government
is trying to bolster the economy with huge
injections of money. And you want to start your own
computer repair business in this economy? Well, yes.
There's a popular insurance company commercial
running right now where they point out that their
company started in business in 1931. This was at the
beginning of the worst depression our country ever
experienced. And they bring up some very valid
points of why it obviously was a good idea.
Think about this, the fact remains that if the
unemployment is at 7.3%, then 92 people out of 100
still have jobs. And if people aren't spending money
on items they shouldn't, is that a bad thing? There
are comparisons back to the Great Depression, and
there are similarities, but the numbers from today's
economy are no where near the numbers from the early
30's. And the causes back then on over speculation
do echo our current issues of overspending and
inflating assets. But several elements that had a
huge impact during that period are not present
today.
And life goes on, regardless. The biggest obstacle I
see in any new business venture is the ability to
seize the opportunity, which has always been an
issue during good times and bad. You can always come
up with reasons not to start a business, that's what
separates the winners from the never gave it a shot
folks.
The key in starting your own business is that you
have the opportunity to make it work. Good business
and marketing practices work in good times and bad.
And in bad times, there is less competition. It's a
natural cleansing of the market place. We've had
downturns in the early 70s, 80s, and 90's. You may
also remember the aftermath of the 2001 terrorist
attacks.
All of these periods were difficult times for the
economy and small businesses. And challenges exist
for any business in a tighter market. But when you
have your own business, you have the ability to
adapt and are not dependent on others. And that is a
huge advantage for any small business.
The Computer Repair business is a service business,
and not so dependent on new equipment sales. In
fact, if people keep their equipment longer, that's
an advantage to Computer Repair companies. Companies
often will choose to spend less to fix a computer
than replace it.
Owning your own business and being able to make
quick changes is an advantage. Increasing value,
expanding services, increasing effectiveness are all
factors that can be implemented quickly. Being able
to respond to the changes in the marketplace is a
powerful advantage.
The advantages for starting your own Computer
Business are the same now as any time. You don't
need a huge inventory, elaborate facilities, or
special equipment. Start up and operation costs are
minimal. Computers are going to wear out or break
down in good times or bad. Viruses, spyware,
software glitches, and breakage don't stop in a slow
economy.
The basic elements of running a Computer Repair
business don't change due to the economic
conditions. In order to be successful in good times
or bad, you need to implement tried and true
business practices and effective marketing
techniques.
It's always easier to wait than to act, that's human
nature. Planning, waiting for the perfect time and
market, finding reasons not to start right now are
easier than doing it. And starting your own business
is, and always will be, a huge and life changing
decision.
Starting your own Computer Repair Business has many
advantages and rewards. Is it right for you? That's
a question you'll have to answer for yourself.
Having good computer and software skills are
important but knowing how to manage and market your
skills is the key to success.
Talk to any small business owner and they will tell
you that it was a tough choice, about the hard times
and difficulties in starting a new business. Then
you ask them if they would do it again if they had
the chance to go back to the beginning, and they all
say "You bet!
About the Author:
John Dow owns and operates a Computer Repair
business in Texas. Find out how you can start your
own computer repair business and tips and tricks on
marketing and day to day operations by clicking
here
Start Your Own Computer Repair Business.
Article Source:
ArticlesBase.com
<TOP>
As lenders tighten their credit restrictions,
entrepreneurs are frustrated that traditional
sources of small business funding are disappearing.
Money is still out there but it requires more than
just consulting with bookkeeping services to prepare
a quick business plan and applying for a loan at
your local bank. Business owners need to find
funding designed for their unique business
situation.
Patriot Express Loans for Veterans
One source of small business funding that is helping
military veterans and reservists is the Patriot
Express (PX) loan guaranty from the Small Business
Administration (SBA).
The SBA began offering PX loans as a pilot program
in order to provide funding to military service
veterans and their families. The loans are available
to veterans, reservists, National Guard members, or
active service personnel nearing discharge. They are
also available to the spouses of any of these people
or the widowed spouse of a veteran or service member
who died while serving.
These loans carry exceptional features including the
fastest turnaround times and lowest interest rates
of any SBA loans. Eligible veterans should work with
their bookkeeping services to determine how much of
a loan they will need for their business startup,
expansion or other related expense.
Venture Capitalist Investment
If you are currently running your business out of
your living room and it has the potential to really
take off, securing venture capitalist funding may be
an excellent alternative to traditional loans. This
type of start-up funding is often given in the very
early stages of a business when there is not much
credit history established. After reviewing your
bookkeeping services, venture capital firms base
their decisions on your business plan, management
and projected growth.
It is important to work with your bookeeping
services company to research and target venture
capital firms that you feel comfortable with. After
all, they are not just loaning you money, they are
purchasing a stake in your business and will
essentially become a partner moving forward.
Traditional Small Business Loans
Just because small business loans are harder to
receive does not mean they are not worth
considering. For many businesses, securing a
traditional loan is the key to their expansion and
overall growth. Bookkeeping services companies
suggest that you begin establishing business credit
immediately if you think you are going to need a
small business loan in the near future.
Even with poor personal credit, business owners can
build up their business credit by properly managing
credit cards in their business's name, leases and
other large credit items. Bookkeeping services often
recommend getting a tax ID and proper legal name for
your business to ensure you are completely separate
from your personal social security number. After a
few months of building credit, you should qualify
for a small loan - and when managed properly, small
loans turn into large ones.
Author is a freelance copywriter. For more
information on bookkeeping services, visit
http://www.OSIBusinessServices.com/ .
Article Source:
ArticleRich.com
<TOP>
Selecting A Business
Name - What's Involved?
by Martin Lemieux
Awww, the almighty business name. Are you planning
on starting a business? Do you really know what's
involved in selecting an appropriate business name
for yourself? In this article I will go through
step-by-step what you need to know about creating
your business name, searching for duplicate names,
trade marking your name, buying a domain name that
fits your name, and especially, how to register your
business name.
STEP 1) CREATING A BUSINESS NAME:
So you've made the decision. You've got that great
idea. You’re ready to leave work and pursue your
dream. Your one step away from creating a business.
One step away from being your own boss. One step
away from becoming an entrepreneur, but you
desperately need to create a business name...
A Business Name Should Never Be Taken Lightly.
There are many different things you should consider
when creating a name for your business. Depending on
what you want to do, where you want to do business,
what industry you're getting into, is the business
local, national, or international. Does your company
build something, make something, sell something, buy
something, trade something, or give something? Each
one of these factors can effect what your name
should be. Is your business for non-profit? Does
your business belong part of a group? Is it a family
run business?
Before I get into some samples, I want you to break
out a piece of paper and pen. Write down some
examples of names that are fitting for your
business. Keep all of the names close together so
that you can compare, and revisit them often.
Let's look into some samples affected by the above
statements:
Using Your Personal Name:
Within these examples, I will use my name (Martin
Lemieux) as an example.
- Service Based:
- Real Estate (Ex. Lemieux Realtor)
- Mortgage Broker (The Lemieux Mortgage Group)
- Law Firm (Lemieux Law Firm)
- Design (Martin's Design Concepts)
- Writing (Lemieux Writing Services)
- Corporate (Lemieux Enterprises)
- Contractors (Lemieux Building Group)
- Renovators (Martin's Reno Services)
- Printing (Lemieux Print Shop)
- Product Based:
- Pizza Place (Martin's Pizza Delight)
- Clothing (Lemieux Fashion)
- Toys (Martin's Toy Shop)
- Appliances (Lemieux Appliances)
As you can see, these business name examples all
give reference to two things; a) My name, b) What I
do. The idea is to personalize your business name
with your personal name, and industry. Using your
first name or last name doesn't necessarily matter.
What matters is the fact that you like your name. A
business name can be with you until you die, it has
the potential to stay in your family for 100's of
years.
Creative Names:
These illustrations will be something off the top of
my head just to give you an idea. Each name will be
accompanied by a slogan to explain the meaning of
the name.
- Service Based:
- Online Promotion ("eMarket Promo" - Internet
Marketing Promotion For Your Business)
- Graphic Design ("Crystal Graphics Firm" - Graphics
that wow people)
- Barber Shop ("Clean Cut Barbers" - Haircuts that
clean up your style)
- Business Networking ("NETeGroup" - Entrepreneurs
Grouping For More Business Leads)
- Product Based:
- Hydraulic Systems ("ProHyd Systems" - Professional
hydraulics that last)
- Pool Cues ("StickBall Cues" - A pool cue that
sticks to its game)
- Power Bars ("SafeBars" - A power bar safe for the
whole family)
A small little play on words, with the combination
of small descriptions of your product or service can
help you to come up with something a little more
creative. Although these names were created within
about 10 minutes, take your time, you should never
rush these things. A company name should never come
to you within minutes. You should let the ideas brew
for a while. Even after you think you got the right
name, let it sit there, and look at it often. Ask
your friends, family, and co-working what they think
of your choices.
Local Business Names:
Services that are locally based should carry a name
that spells out what they do. It should be simple,
and catchy. With these examples, I will use my own
location (Hamilton, Ontario) to illustrate what I
mean.
- City Wide:
- Lawn Care (Hamilton Lawn Care)
- Mortgage Brokers (Hamilton Mortgage Group)
- Real Estate (Greater-Hamilton Homes)
- Employment Agency (Hamilton Employers)
- Provincial Wide:
- Insurance Brokers (Ontario Insurance Specialists)
- Parcel Delivery (Ontario Mailing Systems)
- Apple Farm (Apple Trees of Ontario)
- Movers (Relocators of Ontario)
- National Wide:
- Baby Clothing (Canadian Baby Wear)
- Computers (Computers Made in Canada)
- Consultants (Canadian Consulting Group)
- Printing (PrintCanada)
Creating a business name to target your local area
is a little easier for ideas. Always try to make
sure you incorporate your city, province/state, or
country into the equation to tell people the exact
service area that you provide. Make sure to search
online for other companies with the same name. Many
local companies opt for this method of choosing a
great name, this happens often because of how easy
it can become for people to remember your name.
This concludes my business name creating tips. I
still have a great deal to teach you about creating
a name, but that would require I write a novel, and
for this tutorial I want to cover all of the basics,
not just one area.
STEP 2) SEARCHING FOR DUPLICATE NAMES:
Once you've narrowed your business name list down to
1-5 names, it's now time to research online to check
whether or not someone has taken your name.
Searching online will be different for everyone.
There are different ways to search for duplicate
business names depending on the type of business you
want.
When searching online, you need to determine:
- 1) Is you business local, provincial/state wide,
national, or international???
- 2) Are you going to trademark / copyright your
name?
Also...
- A) Are there other competitors who have the same
name?
- B) Do one of your competitors own a trademark /
copyright similar to your name?
1.1) Local:
This is probably the easiest one to find. Usually,
you can perform a search within Google/Yahoo/MSN
with your business name in quotes like "My Name" in
"My City", "Province/State", "Country" (Ex. Search
for something like "Lawn Care Guys in Hamilton,
Ontario, Canada") to see whether or not you get
exact results found for that name. Try the same
thing without quotes to get different results. If
you do get results found, check within the website
to see if these results were "fabricated" by search
engines for their results, or if they are actually a
real business name.
Don't forget to look and see if the results match
the type of business you want to get into.
The industry you want to get into has an effect on
the availability for your name as well. For
instance, you could choose "Hamilton Lawn
Maintenance" for your business name. After
performing a search, I guarantee you that search
engines will combine the words
"Hamilton"-and-"Lawn"-and-"Maintenance" together to
form their results. I'm sure there is a lawn
maintenance company from Hamilton. See how that
could mix your search results? Searching online is
just the start of the game, don't get discouraged if
you initially find some matches.
1.2) Provincial / State Wide:
For this search, you'll want to perform the same
style of searching like I mention within "1.1)
Local", but now you want to remove the "City" within
your searches to determine right away if you find a
name similar to yours. Again, if you do find results
within your search, investigate further by visiting
the website(s) found.
If a potential competitor has the exact name you
want, scratch the name and forget it. You don't want
to have a legal battle later on for something that
can be prevented right now.
1.3) National:
Same thing but only include your "Country" within
your searches.
1.4) International:
Simply search for your business name in "Quotes".
Don't use a country specific search engine like
Google.ca, instead use Google.com to perform your
searches. By adding the quotes, search engines will
be able to give you an exact match for your business
name. If other companies have your name, it really
won't matter unless; you're directly related in the
same industry, and whether or not they own copyright
to that name.
1.5) Trademark / Copyright:
"A trademark or trade mark[1] is a distinctive sign
of some kind which is used by an individual,
business organization or other legal entity to
uniquely identify the source of its products and/or
services to consumers, and to distinguish its
products or services from those of other entities."
Wikipedia
When searching for a business name online, stay away
from names that resemble someone's trademark.
Copying a trademark could get you into big trouble,
including a lawsuit. In fact, a gentleman online has
been battling this idea for a very long time. The
very popular car maker, Nissan has a trademark on
their name, and their logo, but they don't have
control over www.Nissan.com. They failed to buy that
domain name in time, and now they are suing the
owner for 10 million dollars in damages which has
been going on since 1999.
If you wish to trademark your name, you need to make
sure that NO ONE is using that name. This includes
phrases, words, logos, images. The hard part is
trade marking something that already exists. For
example: In Canada, you would have a great deal of
problems trade marking "Business Name", because so
many people online already use the words business
name together before you ever filled a trademark.
I recommend that you hire a professional to help you
with your trade marking needs. This way, you'll have
access to government databases that allow you to
search through previous trademarks, and to help you
search for other names that might deter you from
trade marking your name.
Trade marking is a little expensive for some, but
once you have the trademark, no one else can use
your good name for anything else without express
written permission by you. I made this mistake with
my original business; "Smartads". After time, people
started using smartads for their own purposes, some
good, and some very bad.
STEP 3) TRADEMARKS - SEARCHING THROUGH A GOVERNMENT
DATABASE
For the most part, you can always go down to your
local business name registry office and perform a
search there for business names.
Canadian Trademarks Database Search:
http://strategis.ic.gc.ca/app/cipo/trademarks/search/tmSearch.do?language=eng
United States Trademarks Database Search:
http://www.uspto.gov/main/sitesearch.htm
United Kingdom Intellectual Property Office:
http://www.ipo.gov.uk/tm.htm
Australia Database search:
http://www.ipaustralia.gov.au/trademarks/index.shtml
China Database search:
http://www.chinatrademarkdatabase.com/
Japanese Database search:
http://www.ipdl.inpit.go.jp/homepg_e.ipdl
These websites were easy to find online, for more
countries, simply search within Google.com for
"trademark (Country)". That's it. Most major
countries have an online database that you can
search through to help your search on trademarks.
STEP 4) BUYING A DOMAIN NAME THAT FITS YOUR NAME:
Buying a domain name a.k.a. website address that
fits your business name is extremely important.
Sometimes searching for a business name is not
enough, finding the right domain name might be the
key for you. I've known a great deal of
entrepreneurs who came to me for help with their
business name, but were stopped in their tracks when
we tried to get a domain name that matched their
business name. You do not want to have one or the
other, especially not before you start out. They key
is to you keep your branding similar so that the
public gets familiar with your name.
I've written an entire tutorial about domain names:
http://www.martinlemieux.ca/posts/?blog=17
This step is especially key if you want to trademark
your business name. A way to prevent people from
misusing your name is to buy all of the domain name
extensions for your name. Ex: .com / .ca(Canada
specific) / .net / .biz / .info / .org / .us / .uk /
.biz, etc...
To search for domain names, simply go to:
http://www.GoDaddy.com
STEP 5) HOW TO REGISTER A BUSINESS NAME:
The easiest way to register a business name is to
look online for your local government office. Try
searching for "Register A Business in (Your City,
Province/State, and Country)". For example I will
use my home town "Register a business name in
Hamilton, Ontario, Canada" < This style of searching
should give you the results you're after.
Here's a whole list of places to register your
business name world wide:
http://mindpower.smartads.info/register-a-business.html
In Conclusion:
Creating your business name doesn't happen over
night, and shouldn't not be taken lightly. You may
be stuck with your name for 100's of years. Get
creative when brainstorming for a name, ask others
what they think, write down every idea you have. Do
your research online to look for duplicate names.
Make sure to stay away from business names that
resemble trademarked names that are already taken.
If you're planning on trade marking your name, hire
a professional to help you out. Try to find a name
that can compliment your domain name, especially if
your business name is going to be trademarked. Last
but not least, search online to find out where your
local government office is in order to register your
name.
Author Information:
Martin Lemieux is the owner of a successful article
directory network with over 80,000 author submitted
articles, with over 30,000 active authors world
wide.
http://www.Article99.com - Authors Club
http://www.MyFamilyLiving.com - Family
Article Directory
Copyright, All Rights Reserved. Reprints accepted as
long as the entire article remains the same
including this author resource box.
Source:
Article99.com
<TOP>
Common Myths About
Operating A Business Franchise
By
Candice Clem
As with any business venture, you can not always
rely on information passed casually between holes at
the golf course. While 95 percent of all franchises
are successful, there are several common myths that
may set some franchisees up for failure. This
happens when an entrepreneur enters the franchise
model with high expectations only to be let down by
the realities that come with any business. It's
important to be realistic and deliberate in your
approach to launching any new company, whether it's
an established brand or built from the ground up. As
you weigh the pros and cons of operating a business
franchise, do preliminary research and don't accept
what "everyone else" seems to tell you, even some of
the franchisors.
Myth: Franchises are a guarantee route to success in
the business world.
Fact: The main reason franchises are so successful
is because of their rigorous requirements. For
instance, most of them require large capital
investments. Many of these investments are so
substantial that only serious entrepreneurs would
even consider signing on. Of those who purchase one
of these businesses, not all of them have the assets
allowing them to wait for a return on investment.
The fact is that it can take a considerable amount
of time for franchisees to generate a profit because
of the high investment, royalty fees, etc. Thus,
under capitalization is the most frequent cause of
franchise failure.
Myth: You can be your own boss.
Fact: While you will enjoy some perks that come with
owning a business, you are still subject to the
operating system provided by the franchisor. A few
examples of this include hours of operation,
approved equipment and supplies and even marketing
items. What this means to you is that closing early
on Christmas Eve may not be an option, unless you
are willing to risk getting caught and any
accompanying repercussions.
Myth: Buying a franchise is less expensive than
starting your own business.
Fact: The initial cost of purchasing a franchise
business is typically the same as building one from
the ground up. This makes sense when you consider
the real estate, equipment and supplies in addition
to franchise fees (allowing the use of the brand
name, logo, trademark and in some cases, marketing
materials). Plus, royalty fees to be deducted from
your profits later must also be factored into the
equation. Of course, there is no reason to become
discouraged. In truth, the key to managing a
lucrative franchise is to find the right business
opportunity for you, which brings about the next
point.
Myth: Higher cost franchises translate to larger
returns.
Fact: Rather than searching for the highest
investment amounts, you should do your best to find
a franchise that will allow you to make use of
valuable skills. For example, if you have previous
experience in the daycare industry, you should
consider some of the children's franchises in this
industry. Though children's salons are all the rage,
your resources, economic and otherwise, will be
better spent running a business you already
understand. You will see higher profits sooner.
Thus, putting your capital in one of the low cost
franchises of which you are knowledgeable will prove
more profitable than using your resources on one of
the high capital franchises you know little about.
Myth: Franchising is a stress-free way to start a
business.
Fact: Building a business of any kind can be very
stressful at times. While franchises offer terrific
benefits such as established name recognition, a
working infrastructure and ongoing advertising
campaigns, franchisees are not immune from the ups
and downs of business ownership. The fact is that
these benefits come with specific requirements. Not
only are franchisees expected to operate within
certain guidelines as mentioned previously, they're
also held accountable for the financial success of
their stores. One illustration of this might be a
business franchise that experiences a drop in sales
over one month. Not only does the owner have to deal
with loss of revenue, he or she has to provide an
explanation to the franchisor.
Myth: Owning a franchise means you no longer have to
deal with employees.
Fact: Developing any business takes not only a
monetary investment but also your time and effort.
Chances are, you will spend some time, even though
it may be very little, making sure things go
smoothly at your store. For instance, imagine owning
a restaurant franchise. You stop by to visit with
your manager about changing coffee suppliers when
you notice an unusually full parkinglot. You enter
the restaurant to find that all the employees
working at their maximum. Drink orders are
completely backed up. Since you have a vested
interest in making this surplus of customers is
happy, it only makes sense for you to jump in and
start making drinks. Moreover, if you plan to manage
a multi-unit franchise, you will have to hire and
develop a quality team of managers in order to
achieve success. This would require a great deal of
communication and consequently, demand spending time
with management employees.
Myth: It's better to purchase a brand that is
already established in my region.
Fact: Going back to the restaurant example, if your
goal is to open a profitable fast food chain it may
be wise to open one that is already reputable in
your community. After all, people know what you
offer and that they enjoy it. On the other hand, you
have to consider the amount of business the other
restaurants are getting. Do they have customers from
your territory willing to travel across town to dine
there? If so, is the market big enough to share if
you build a location in between your designated part
of town and the other store(s)?
Myth: You're always protected from competing
franchises in your territory.
Fact: This depends on your contract. If your
agreement is strong, you'll be protected from
unwarranted competition, even when it is due to a
company merger or a second chain created by your
franchisor. Additionally, you should always consider
the time frame disclosed for when your territory
becomes negotiable. Nonetheless, best way to attain
a beneficial agreement between you and your
franchisor is to have an attorney review these
important documents before you agree to any of their
terms.
Myth: The most popular (and lucrative) chains are
franchise businesses.
Fact: While studies show that franchises are more
financially rewarding overall, not all lucrative
chains are franchises. Case in point: Businesses
like Starbucks, Lone Star Steakhouse and Kinkos
function under a company owned model. This means
that the company owns each store but hires managers
to run them.
If it Sounds too Good to be True...
With any business, the prospective owner must be
prepared to put in a great deal of hard work, time
and in many cases, capital. The only real way to
guarantee success is to find the business that
utilizes the resources already available to you
(financial and otherwise). Most of all, it's good to
be optimistic as long as you remain aware of the
dedication it takes to run any productive business,
even franchises.
About the Author:
Find low
cost franchises,
food franchise opportunities and information for
entrepreneurs at Franchise
Gator .
Article Source:
ArticlesBase.com
<TOP>
Are you spending most of your time and energy
chasing down one-shot deal computer service
customers? Do you feel like you are always keeping
your fingers crossed, wondering whether or not
you’ll get called again in a few months or a few
years?
If you want to build a real client list, you can’t
live in uncertainty. Building your computer service
business around the needs of one-shot deal customers
is a one-way ticket to nowhere. Spending all your
time and money acquiring customers for one-shot deal
transactions is just not a financially viable way to
spend your time.
If you want to build a strong, steady client list,
you need to move towards a business model based on
annual support contracts. Take into account the
following 3 ways to build your computer service
business the right way.
1.
Annual Support Contracts Give You Recurring
Revenue. An annual support contract package gives
you recurring revenue, which gets you the stability
and predictability that you need to survive long
term. When you have a support contract model in
place, you know where you will get your next
billable service call. This allows you to make
predictable plans to expand, hire new employees, and
update your benefits to meet the changing best
practices associated with your clients’ industries.
2.
Support Contract Clients Are Assets. When
you build your client list with steady, high-paying
clients that are paying you on a recurring basis,
you create a great asset. If you ever want to sell
your computer service business – if you move or get
burnt out, injured or sick – your long-term clients
committed to annual support contracts become one of
your greatest assets. A potential buyer of your
business would certainly not invest very much in a
list of one-shot-deal customers that only call you
in the case of an emergency.
3.
Once You Have Clients, You Need to Cultivate
Relationships. Beyond just attracting great
clients, you have to be willing to work to keep
them. You need to cultivate and strengthen important
relationships at every stage of the sales cycle.
This means you have to keep in mind the end goal of
leading every single prospect and customer to
towards support contract agreements. You need to
know about their biggest business and IT problems.
Then actively engage in follow-up activities such as
phone calls, e-mails, and proving-ground projects.
In this brief article, we talked about 3 things to
think about as you build your computer service
client list. Learn more about how you can attract
great, steady, high-paying computer service
clients now at
http://www.ComputerServiceTips.com
Copyright (C), ComputerServiceTips.com, All Rights
Reserved.
About the Author:
Joshua Feinberg is the author and editorial director
of the Computer Consulting Kit Home Study Course
, which helps computer consultants, VARs,
integrators, solution providers, and managed
services providers get more of the best, steady,
high-paying small business (SMB) clients.
Article Source:
ArticlesBase.com
<TOP>
Starting Computer
Repair Business Mistakes!
By
John Dow
Starting computer repair business mistakes are not
unlike any other business start up mistakes. Under
capitalization, not planning for cash flow and
operating costs, unrealistic sales and revenue
projections, and no marketing plan, are all common
mistakes.
Lets take a look at these mistakes as they apply to
the computer repair business in particular. Computer
repair businesses fall under the services category,
even though many might sell some equipment both for
replacement parts and new models.
Since start up and operating costs are the first
areas most new owners try to address, that's a good
area to discuss first. It's easy to overlook some of
these start up costs until you actually start
working in your business. That's the number one
mistake.
Start up costs can be very reasonable for a
non-retail computer repair business. If you plan on
going retail, you will need a pretty good chunk of
money for the initial lease, build out, and signage.
But we'll save that scenario for a different
article.
Since the owner/operator will be going to the client
(instead of the client coming to a retail location),
a reliable vehicle is a must. And with gas and
vehicle prices being what they are, transportation
costs should include fuel and maintenance in
addition to the purchase or ongoing payment cost.
A good transportable tool kit, maybe some common
repair parts, and other basic accessories are also
necessary. You might even consider a smock of some
type to protect clothing (I can't tell you how many
shirts I've lost to toner, dirt from shop areas, and
other unknown threats).
Administrative costs should include items like cell
phone, invoices, business cards, insurance (both
health, auto, and liability), accounting advice and
software, any local licenses, and reference
materials (manuals, etc.).
We'll break out any advertising or marketing costs
due to the fact that they will be ongoing and not
just start up requirements. Depending on the market
area, and what methods are planned, advertising and
marketing costs can be considerable.
The next biggest mistake falls under both the sales
and revenue projections and operating expense and
cash flow. These two areas go hand in hand due to
the relationship. You cannot bill 100% of your time,
end of story.
If you bill 60% of hours, you are doing well above
the national average of owner/operator type
businesses. There are several reasons, but the
biggest is that you get to change roles many times
during working hours. So figure on 35-40% billable
hours. You can obviously work 60 hours (and I often
do) so that 35-40% can represent more hours.
Along with the number of hours, due to the nature of
the business, you really don't know how many service
call requests will come in during any period. After
doing this for 30 years, I still don't know. Of
course the more long-term clients you acquire, the
more ongoing activity you will have.
Cash flow can always be an issue. The more ongoing
clients you get, the more you will carry
receivables. Short quick service calls (under $200)
should be invoiced and collected on the spot. Larger
and ongoing projects should be billed upon
collection and if you offer terms, make sure you can
live with them.
It's very easy to get to a point where you get to
spend office time chasing receivables. It's not fun,
and takes away from billable hours. You can also get
burned from time to time. I offer terms, but only
after a client has paid for the first time and
established that the amount of work and billable
hours will be worth the headaches.
And the third, and probably the most important to
keep your business providing revenue, is a realistic
marketing plan. You will need new clients every
week, and should implement methods that are ongoing.
The accordion effect is difficult to avoid in any
small business.
That's where you get too busy doing service calls
and let your marketing efforts slip. When you get
over the busy period, you sit there since you quit
marketing and there's a time lag to get new
business. So no matter how busy you get, save some
time for your ongoing marketing.
One way I've figured out to help overcome this
situation is to have some flyers printed up that I
send out everyday. When I go to a new service call,
I jot down 10-15 businesses name and addresses near
the new client. When I get home or before I leave
for work the next day I grab the flyers and put the
past days addresses and drop them in the mail.
And if you want to get a little more cost effective,
you can wait a day or two until you have enough
ready that you can use the lower bulk mail rate.
Either way, you can't go wrong if you adhere to this
system.
Starting any small business is a challenge. The
Computer Repair Business is no different. But it is
one of the few service type businesses that you can
start with a very small investment. The key to
success is not making the common mistakes above.
Pay attention to details, be aware of the pitfalls,
and try to compensate for the known problems. Having
your own Computer Repair Business can be quite
profitable if you can overcome these common
mistakes.
About the Author:
John Dow has been in the Computer Repair Business
for over 30 years. You can learn more about starting
your own computer repair business here:
Starting Computer Repair Business .
Article Source:
ArticlesBase.com
<TOP>
Opportunities in Computer Repair Business
by
Pc Repair Experts
Computers are part of everyday life in all corners
of world. As their usage is increasing, customers
too along with problems regarding their functioning
and output. So a big market has emerged with
opportunities to cater computer repair needs. A few
people have jumped into this field but still there
is scope for many. One should always analyze his
strengths and weakness, polish up his skills before
entering into this field as people with good
fundamentals will only survive at last.
Many online resources now provide comprehensive
business plans which are helpful for a newbie. They
give detailed description on various required
components, obstacles in this field and details
which will help to sustain a successful profile in
computer repair business . Many real life rags
to riches success stories are available on internet
of people in this field. Many go through business
plan templates that come in popular world processor
formats, automated financials and easy to use
presentation templates are available online which
can be used readily to start ones own venture in
computer repair business.
All these tools will enable to enter the market as a
professional. They help to deal with daily financial
situations and help while expanding the business
later.
It is crucial to be equipped with all the
technicalities before entering into the business.
One should be careful in choosing his team while
opening his venture. The team must consist of
qualified people with considerable amount of
relative experience in the field. With a good team
organizational structure, financing, operations and
marketing could be planned. The business objectives
could be decided and financial targets could be set.
These all are necessary for running a successful
business.
As the market of computers and their peripheral
cousins is growing fast, the demand for computer
repairing professionals will never decline. The
start costs can be between $5000 to about $12000;
depending on the depth of business. For serious
efforts in marketing more money would be needed to
spend.
This profession would provide immense satisfaction
beside handy technical and management skills along
with ‘job security’. Offices report that defunct
computers lead to a high level of stress and
sometimes even panic. So by repairing computers,
man’s long time companion in office, not only the
machine will be healed but its owner/ operator as
well.
It’s up to your choice whether to visit the site
i.e. the client’s homes or the office with your
tools or get them come to you. However the former
will fetch you more clients and money as time is one
thing most people gladly pay for. As far as people
see it, your work is indispensable. So you are going
to earn whether it is repair or maintenance.
Preventive maintenance, such as dusting and cleaning
disk drives can earn you a tidy sum on quarterly to
annual basis, as per your work schedule. You can
actually sign AMC with big offices having many
computers. They would be eager for such things as
problems regularly appear and they do not have to
search for a qualified professional every time. They
can directly contact you and get their problems
sorted out in the minimum of time.
It is important to get your name around. You must
spread a mouth by mouth publicity or reference
campaign through your relatives, neighbors and
friends. Do get your tech- friendly business cards
printed out and leave them at computers retailers.
Meet some
software retailers and other persons related to
computer field. You never guess first opportunity
may appear form where. Ask people whose computers
you have fixed to write testimonial or review and
get it printed in local newspapers. You can surely
offer to do a few free test fixes before pricing
your services.
You must keep all your tools in good order. To carry
a laptop at the client site along with screwdrivers
to open up hard dives, disk cleaning material,
diagnostic and antivirus software, spare parts and
some fix-it –yourself manuals will be helpful and
make you prepare for all kind of problems. Last but
not the least you should check the particulars from
you state Law regarding the need for a license or
permit for starting a
computer repair and maintenance business .
About the Author:
Computer Repair Specialists, Laptop Repair
Specialists and Virus Removal Specialists.
Article Source:
ArticlesBase.com
Who says it's
only the men who can mess with gadgets..... Many
moms are now turning to this business idea when they
choose to work at home. In this article, we will try
to understand why this occupation is currently
popular among the self employed and what you need to
do if you want to start this business.
Today, we just
can't do without computers. Even if they can't
replace the human psyche, computers have an
overwhelming presence in our daily work lives,
whether it's in an office environment or in a
manufacturing plant. But the computer is manmade,
let's not forget. To err is human, so it's no
surprise that computers also go bust every now and
then. When it comes to business people, a
malfunctioning computer can spell disaster. Quick
solutions are a must, so that deadlines are met and
clients (and bosses!) are kept happy. Need we say
more why computer repair and maintenance ranks as
one of the best home based business ideas?
Do you speak
the language of computers? Are you comfortable with
motherboards, hard drives and memory chips? Do you
understand computers better than you do humans
sometimes? Then this is right up your road. The
demand for computer repair personnel will never
wane-not in the foreseeable future anyway. The
startup costs can be between $ 2500 to about $
10,000, depending on the depth of the business. If
you want to take it part time, there's no need to
spend a lot of money but if you want to get serious
and put a maximum effort, some extra investing can't
hurt. The market for computers and their peripheral
cousins is growing fast.
Apart from the
'job security', this occupation gives you immense
satisfaction because your work will be appreciated.
Offices report that defunct computers lead to a high
level of stress and sometimes even panic. So by
repairing man's new best friend, you'll not only
heal the machine but its owner/operator as well.
You'll have to
decide whether you want to go out to clients' homes
or officer with your tools or get them to come to
you. The former will definitely get you more clients
because time is one thing busy people will gladly
pay for. Whether it's repair or maintenance, you
will earn a good pay, because as far as people see
it, your work is indispensable. Preventive
maintenance, such as dusting and cleaning disk
drives can earn you a tidy sum on a biannual or
quarterly basis, as per your work schedule.
To get your
name around, print out tech-friendly business cards
and leave them at computer retailers. You may want
to make some friends with software retailers too.
Ask a friend (whose computer you have fixed) to
write a review and send it to the local newspaper.
You can offer to do a few free test fixes before
pricing your services.
Make sure your
tools are in good order. Apart from a computer, you
need to have screwdrivers to open up hard drives,
disc cleaning material, diagnostic software, spare
parts and some fix-it-yourself manuals. Your state
law may dictate the need for a license or permit for
starting a computer repair and maintenance business,
so check those particulars first of all.
Bizymoms.com has been dedicated to helping moms
work at home for over 10 years. Visit today to enjoy
free resources which include, interactive message
boards, informative articles, career kits and of
course help and advice from the
Bizymoms' Home Business Support Team!
Article Source:
EzineArticles.com
<TOP>
Seven Steps to Prosperity: Starting
Your Own Computer Services Business
by
Rick Parrott, MCP
Self employment has increased over 12.2 million
people according to a study on the Small Business
Administration website. Would you like to join them
and start your own small business?
You can, it’s really a simple process.
1.
The first step is the hardest. Convincing your inner
critic that you can succeed on your own, without a
steady paycheck. This inner critic needs to be tamed
and shown its error. You do this by educating
yourself. Study everything you can find on your
chosen path.
2.
Next you will have to prepare yourself to succeed.
Make sure that you have the means to support
yourself for at least six months, a year is better.
3.
While you are accumulating your living expenses and
operating capital, start your market survey. A
market survey will help you determine if there is
indeed a market for your services. It will also tell
you how to market your services and how much to
charge.
4.
After completing your market survey, it’s time to
tackle your business plan. This is an important step
because it determines the future direction of your
business.
5.
Once you have completed both the market survey and
your business plan, you need to develop a marketing
plan. This is your most important step. Without
customers you have a hobby, not a business.
6.
In this step, you execute your business and
marketing plans. Careful sustained marketing will
generate a constant trickle of new customers for
your business to grow on.
7.
Give your customers the absolutely best customer
service they have ever received, and watch your
business take off.
You can use your computer skills to create a better
life for you and your family. You don’t need the
skills of a super geek, just determination, desire
and persistence.
Do you have what it takes?
_____
Article Source:
Amazines.com
<TOP>
Small Business Startup-10
Steps for Practicing Good Business Fundamentals
by
Bruce Hunter
The "Business of Business" has ten fundamentals
that if
perfected will help improve your chances for
success. Athletes
have coaches, fans, press, and opponents to quickly
remind them
when they slip in their sport's fundamentals.
Business owners
have customers, employees, shareholders/investors,
and
competitors to remind them when they ignore their
industry's
fundamentals.
The game of business is pretty simple in its most
basic form. A
24 hour, credit card only, drive up gas station
versus a 24 hour
full service, additional services for truckers,
restaurant,
convenience and tourist store, franchised gas
station. The core
business for both is the selling of gas to
customers. The
additional services, benefits to employees, customer
niches,
variety of items in inventory, types of investors,
etc. all add
layers of complexity.
Complexity is neither good or bad it is just more
difficult to
manage. Watch the news and you will hear about
businesses
restructuring to get back to their core business
because they
have lost their identity in the marketplace.
A client of mine, called me in to help him sell his
business.
When I asked why? He explained that he was
dissatisfied and
unhappy coming to work. As we talked further, we
discovered that
only part of the business was the source of the
unhappiness -
sod. The core business was trees, shrubs, and
indoor-outdoor
plants. He got into sod when a customer asked if he
could get
some for his yard. While the sod stood in the
parking lot for
the customer to pick up, other customers asked if
they could buy
some sod too. Each year for the next 5 years the
amount of semi
loads of sod increased till sod became a major part
of his
business. What started out as a goodwill gesture for
a customer
became a dirty, unsatisfying, unhappy part of his
business. He
wanted out! Luckily, our conversation allowed us to
clarify what
needed to be sold. We spun off the sod business to
an employee
wanting to work in the sod business. My client got
back to his
core business and a happier state of mind.
The list below contains some of the general business
fundamentals. It's a good starting point for you to
brainstorm
with and identify specific fundamentals for your
business.
1. Understand what your core business is in its most
simple
form. Knowing the costs and margins of the core
allow you to
determine the costs and benefits for the add-ons to
the core.
Complexity costs more and should reward more.
2. Understand the layers of complexity you are
adding to the
core and who is benefiting from these. 3. Pick 5 to
7 areas of
your business that are critical to your success and
track them.
The old adage "that which is measured and tracked
improves" is
true. Create benchmarks and a culture that
continually strives
to improve. The summary report is often called a
business
dashboard.
4. Establish "Win-Win" relationships with your
customers. Any
customer who wants to bleed you dry, refer to your
competition.
This is easy to say and hard to do.
5. Pay attention to details within the process of
delivering
your solution to the customer. Attention to detail
is usually
what we tip on, your profit margin is your tip. This
is not
about being perfect, it is about having a great
relationship
with your customers.
6. Keep your prospecting funnel full. Be Proactive
not Reactive.
Always keep your eyes peeled for your next customer.
Determine
how much time and resources are needed each week to
keep your
business busy. It's a very bad feeling when you
don't know what
prospecting activity fills the funnel but you have
to cut back
on your prospecting activities.
7. Each week take a half day to Work On Your
Business versus
Working In Your Business. Working On your business
includes
thinking about, what are the trends within my
industry, how does
my pricing compare to my competitions, what kind of
technology
innovations are available, is my business structured
properly,
what is going on in my community, am I missing
opportunities, is
the business on goal for my 5 Year Plan, etc.
8. Know the financial health of your business.
Depending on your
business cycle you should have daily, weekly, or
monthly report.
One of my clients uses her payroll periods for
updates. Labor is
her critical resource and knowing after each pay
period where
her projects are is important to knowing the health
of her
business. Pick 5 to 7 financial items to track your
success.
Benchmark these with your goals and budgets. Develop
similar
items for your supervisors.
9. When hiring, choose someone who will help your
business grow.
If possible, hire someone who is better at a task
than you.
Compensation should include an element of
performance pay either
individually or as a company. Raises based upon
ongoing
employment can create two problems. The first is you
will have a
tendency to underpay at the beginning and overpay
towards the
end of employment. Leaving only the middle half to
third of
employment where compensation matches performance. A
pay for
time served strategy will not allow you to recruit
and hire the
best. Think less time-line and more share the
business benefit
as it happens. If an employee works extra to expand
a customer's
business with you, know what she would want as a
thank-you.
Performance based compensation requires you to know
your
margins, which is not a bad thing.
10. Work on your management and leadership skills.
Remember, the
hat you wear most as owner is that of
manager/leader. These
areas include time, prioritization, decision-making,
people
skills, vision for business, presentation of self
and business,
and community involvement. There are many books out
there in
these areas. Find a mentor (does not have to be in
your
industry) who is willing to talk with you about the
above.
About the author:
Bruce Hunter is a columnist for
CORE
Magazine in Colorado.
CORE is the leading online source for
new small business startup. For financial
assistance, visit our
small business finance section.
Article Source:
GoArticles.com
<TOP>
Computer Repair Business Opportunities
By
Thomas Morva
With PCs
penetrating he remotest corners of the world,
business opportunities in computer repair business
is booming. Computer users are literally bombarded
with advertisements about the tremendous
opportunities in this field. Although the demand is
great in this field, it is always recommended that
you do a thorough analysis of your strengths and
weakness before you jump into computer repair
business.
You can find
comprehensive computer repair business plans through
online resources. Most of these online resources
will give you a detailed description on the various
components that are required to start and sustain a
successful computer repair business. You can read
various success stories on these web resources and
go through business plan templates that come in
popular world processor formats. There are also
automated financials and easy to use presentation
templates that are available online, aimed at arming
you with the knowledge you need to start your own
venture in computer repairing.
With all these
tools at hand, you can now plan your PC repair
business like a pro. You can also stay up to date
with the real financial situation at all times, and
these tools additionally enable you to expand your
business at a later point in time.
Needless to say,
in case you intend to start your own PC repair
venture, you should equip yourself with all the
technicalities needed for the business. Since any
business venture needs people, you should also be
prudent in choosing your team. Your team should
consist of qualified people, with at least some
amount of experience in the field. With your team in
mind, you can then plan your organizational
structure, financing, marketing and operations. Once
you are clear about your business objectives and
financial goals, you are well on your way to a
successful business.
Computer Repair provides detailed information on
Computer Network Repair, Computer Repair, Computer
Repair Services, Computer Repair Software and more.
Computer Repair is affiliated with
Computer Part Supplies.
Article Source:
EzineArticles.com

<TOP>
How To Start A Computer Consulting Business
By:
David Gass
To start a
computer consulting business, first you should have
the preliminary knowledge of computer systems. Other
important requirements to start a computer
consulting business are powerful problem solving
skills and of course an inner feeling of helping the
people in difficulty. Here are some useful tips to
starting computer-consulting business.
Make Survey Regarding Prospective Clients
Make a survey of the potential clients living near
your office. You should be able to reach them within
an hour or so. This is a very important factor,
particularly from the point of networking services.
Also, gather information regarding the number of
computers the prospective customers own. Ideally,
you should start with the clients having between 10
and 50 computers. Talking in terms of the annual
turn over, the client should have annual sales
between $1 million and $10 million.
The Client Should Be Serious About IT Requirements
Before you start computer consulting for clients
make sure you know how serious they are about the
information technology.Prospective customers, who do
not have their own dedicated server and are
accessing the Internet using dial up lines, are not
suitable for consultation. However, those who are
interested in focusing more on their IT requirements
are definitely ideal clients.
Far Better Than Traditional IT Jobs
Being a computer consultant is definitely more
rewarding than joining a traditional job in any IT
company. In traditional IT jobs, there are several
hurdles in the progress that are not under your
control. For example, you may not grow as fast as
you deserve because of incompetent colleagues, dull
management, and a system where seniors get the
priority whether they are competent or not. On the
contrary, when you start a computer consulting
business these things comes under your control. For
example, if your colleague is not able to keep pace
with you then you are always free to part with that
colleague and invite someone better. So, if you have
the talent and ambition, no one can stop your income
from skyrocketing.
Increasing Scope
The scope for the computer consulting business is
increasing with the growth of information
technology. It is very difficult to run any business
today without using computers. Almost any business
organization is looking for some kind of help
regarding computers. You also have the option of
whether you want to become an outsource consultant
or internal employee. Either way you are choosing a
winning career with bright chances of success and
profitability. Furthermore, the computer technology
is changing at a very fast rate. This fast change is
also creating new and better opportunities for the
computer consulting business.
Explains how
best to begin your own computer consulting business.
David Gass is
President of Business Credit Services, Inc. His
company publishes a free weekly e-newsletter on
Small Business Consulting at their web site
http://www.smallbusinessconsulting.com.
Article Source:
BylamoArticles.com
<TOP>
Is
The Computer Repair Business Dead?
by
Joe Duchesne
Computer repairs
are being done by computer novices at a higher rate
than ever before. More and more people do their own
computer repairs. Whether it is installing a hard
drive or installing an operating system. Is the
computer repair business dead?
The computer
industry is evolving. It is always changing. In
fact, if there is one thing that is sure in the
computer repair industry it's that change is going
to happen. Companies like Microsoft have gone out of
their way to make their products as easy to use as
possible. Where does that leave the computer repair
business? What can you do to stay in business and be
competitive?
Offer outstanding
customer service. Look for different ways to package
your services. Take the time to research your
competition. What could you offer that no one else
is offering? One area that matters to your customer
is time. Are you in a position to guarantee fast
computer repairs? Maybe a same day repair service?
Think about how you can take care of your customer
while they wait. You could create a comfortable
waiting area for them with good reading material,
free coffee, computers with internet access or
something similar. Don't be afraid to get creative.
Think outside the box.
Keep your prices
reasonable without under or overcharging. When
pricing your services, it is generally a good idea
to go with the industry average for your area. If
you offer something unusual like same day repairs,
you could charge more money. On the other hand, if
you charge the same as everyone else but get the
computer repair done quickly, this can easily result
in an increase in business.
Don't overcharge
for computer parts. Most customers are price savvy.
If you are charging a premium for the computer parts
you install over what other places are charging, you
will most likely find your customer base dwindling.
Here again, the industry average is your friend.
Find out what your competitors are charging for
general computer parts and look to stick around
that. Getting known as the most expensive place in
town won't exactly help business.
Whatever you do,
treat your customer with respect and you'll have
more business than you can handle. Is the computer
repair business dead? I don't think so. It's simply
evolving.
Joe Duchesne is
webmaster of
http://www.greatcomputerinfo.com
specializing in computer repair topics including
computer repair business topics. Reprint
freely but keep the live link in this resource box.
Article Source:
http://www.submityournewarticle.com
<TOP>
Computer Repair Franchises: Buying an Existing
Business
By
Joshua Feinberg
Existing computer
repair franchises are typically available
immediately and are a good option for professionals
looking to start a new business in the computer
industry. Before deciding to buy a completely new
franchise or an existing computer repair franchise,
as a prospective business owner you must learn about
all the issues involved in buying existing
franchises so you don't risk being surprised by the
unexpected down the line.
Advantages of
Existing Computer Repair Franchises
Computer repair
franchises already in existence already have an
established performance history. Because of this,
you don't have to spend precious time evaluating
business potential and can focus on looking at
actual earnings. The franchises you want to buy
will have a good reputation in their communities and
already have loyal clients.
When you buy
existing computer repair franchises, you also don't
have to worry about finding a location, negotiating
a lease or stocking your store with equipment.
Similarly, there is no need to hire new employees
because the business already has a well-trained
staff. With many elements already in place, buying
an existing franchise will help you start business
much more quickly.
Disadvantages of
Existing Computer Repair Franchises
You should
investigate an existing franchise before you buy
it. Why is the franchisee leaving? If it is for
reasons other than retirement, a career change or
other issues of that nature, the franchise might not
be worth the investment. Perhaps the location isn't
making money anymore. Regardless, thorough
investigation is necessary.
As a prospective
owner, you need to look through all renewals.
Sometimes your purchase will only be good for the
remaining time on the agreement while other
franchises offer new renewals. Also look at lease
renewals to make sure they will be renegotiable when
your time is up.
Considering
advantages and disadvantages of purchasing existing
computer repair franchises will help you make the
right decision about whether to buy them. They can
be good investments if they are profitable and have
a good reputation.
Copyright
MMI-MMVII, Small Business Computer Consulting .com.
All Worldwide Rights Reserved. {Attention
Publishers: Live hyperlink in author resource box
required for copyright compliance}
Joshua Feinberg
helps small business computer consulting firms get
more steady, high-paying clients. Learn how you can
too. Sign-up now for your free access to a one-hour
audio training program on
Small Business Computer Consulting Tips.
Article Source:
EzineArticles.com

<TOP>
Computer Repair Technician Jobs – Or Hire Yourself!
by John Dow
The good news about computer repair technician jobs
is that technology is always changing and will
require highly skilled people to provide support and
service. The bad news is that the IT department is a
high cost administrative area that is a slow moving
target for budget cuts.
Most IT departments expand or contact based on the
projects and technology desired or even required by
any given company. There are very good times and
very bad times for most computer repair technicians.
I know, I've been in the Computer Repair business
both as a contractor, self-employed or even as a
fulltime employee for over 30 years.
The best way to deal with these up and downs in
available work is to have a solid fall back plan
that allows you to prosper in either situation.
Computer Repair is a huge market in both commercial
and individual areas.
Computers break, software confuses and disorients
many people. That's a fact. Although the user
interfaces are becoming more friendly, the
technology necessary to make them work is getting
more and more complex. Throw in the Wild West style
of the Internet and you have a perfect scenario for
someone with the proper skills to make money full or
part time.
But where most "techies" get into trouble is in both
the day-to-day business requirements and selling and
marketing their services. People skills are also
important when running your own company. If you
watch any movie about computers and software, and
the folks who really understand them, they paint a
pretty sad picture of the individuals involved.
It's not quite that bad, but there are many facets
that are true. Large IT departments often have an
attitude that they are smart and everyone else is
dumb. This type of environment is not a good
training ground for the self-employed. In fact, it's
not a good thing for anyone, the department or the
clients they serve.
Never the less, that less than good attitude is
there and predominate. I was fortunate early on in
my career to have a mentor who truly understood the
fact that the only reason the IT department exists
is to serve the rest of the company. Many IT folks
never get that salient fact.
The successful computer repair business owner must
know how to sell and market their services to both
individuals and small business owners. They should
also have some good people skills, because every
computer has an operator. And many of the common
computer repairs have to do with the individual
between the chair and the keyboard.
Doing freelance computer repair work can be very
profitable on both a part or full time basis. You're
selling knowledge and time for the most part.
Sometimes hardware is involved but over half the
service calls have to do with software,
configuration, and problem solving.
So no matter what the computer repair technician
jobs situation is, you can supplement or even
replace your income by selling your self. The tax
benefits alone can be a huge advantage. Being
somewhat of a geek myself, I love being able to buy
the high tech toys and getting to take a deduction
since most items directly apply to my job.
So with the addition of a few new skills (business
marketing and people), any computer repair
technician can make some good money part or
fulltime. So what kind of money is possible doing
computer repair work?
Well, lets say you want to start out slow and just
make some extra money for a great vacation, new toy,
or college tuition for the kids. If you just do
about 10-12 hours of part time work a month, only
charge minimal amount ($50 an hour instead of the
going $75), you can make an extra $7200 a year.
Maybe you save another $2-$4K in taxes, which gives
you another $1,000 cash. So that's quite a little
jolt to the household budget for whatever. And if
you should get a pink slip, for whatever reason, you
could even crank up the part-time business to help
fill the gap.
Of course the trick is acquiring those new skills.
That's where I might be able to help you out. Like I
mentioned earlier, I've been in the computer repair
business for a long time. During those fun filled
years I've developed both marketing and business
practices directly related to the computer repair
business.
I've compiled all the information into one big
package that teaches and provides many marketing and
business operating tools. Everything from a basic
website, to software, and even marketing materials.
This is not some general business guide. Every piece
of information, every software tool, and marketing
piece applies to a computer repair business.
And all of the material has proven to be successful
in own computer repair business. There is no theory
here, just proven successful methods I use everyday.
If you want ot find out more, click on the link
below.
So if you are looking for computer repair technician
jobs, you might want to consider hiring yourself. I
don't know of any other business that you can start
for less money or has a larger target audience.
John Dow owns
www.jdwebworks.com, a website that specializes
in computer troubleshooting, repair, and website
design. Click here to learn more about:
Start Your Own Computer Repair Business
Article Source:
GoArticles.com
<TOP>
By
Dr. Alex Rich
When the
conversation turned to cool businesses that one
could work from home the topic turned to starting a
home computer repair business.
As my wife and I
have had many such chats over the years this one
started out as just a routine brainstorming
conversation. Then I Googled the idea and things
changed.
I found out that
up to 95% of all Windows computers currently online
are plagued with data-mining, offline ad pop-ups,
something called parasites, trojans, dialers,
browser hijackers and lots of stuff even meaner
sounding than viruses.
According to
Earthlink, “the spyware and virus problems are
getting worse instead of better. Problems with
locked up computers are more common and over 225
million computers are infected.”
I decided to start
a casual survey of my friends. I gave myself a very
low key goal of 3 to 5 months to complete the
project. I didn't want to appear too pushy or
obvious. All I asked was one question and the rest
of my presentation took a natural course from that
point.
My conversation
would begin casually and end with....have you
noticed your computer is acting funny?
Most often the
response would be, “sort of. It takes longer to boot
up and I get so many pop-ups even with a pop-up
blocker, it makes me sick.”
My next strategy
is to say, well the same thing was happening to me
and just about all of my friends. I decided to buy a
kit to clean out viruses, some nasty worms, and some
stuff that's hard to pronounce. I always get a laugh
with that line. Then I continue.
“Most of the time
I just charge for the program I use for each
computer which is about 20 bucks. I’ll take a look
at your’s some time, just let me know when.
8 times out of 10
I make an appointment on the spot. Even though I’ve
only done this about a dozen times, I’ve banked
$600. This mostly because I’m getting referrals, one
of which was a small accountant’s office just before
the tax season started.
I’ve always
maintained a private coaching practice so the money
is not the main idea behind my project. I wanted to
see if what I read had any value. It appears to be a
true opportunity that can only get bigger.
USA Today reported
recently that, “By the turn of the millennium,
unparalleled growth in computer and Internet usage
resulted in a $300 billion computer service market,
comparable in size only to the home improvement
market!
This sector of the
computer industry is now experiencing double-digit
growth, and is projected to continue doing so for
the foreseeable future." This was based on industry
studies by Ziff-Davis.
If I ever decide
to retire from coaching, I’ll have no problem moving
into a computer home business.
I recently found a
great little company that has designed a complete
home computer repair package. If you know how to
setup an internet connection on your computer, and
access the add/remove programs in the control panel,
you can do this.
What’s even better
about this is my personal experience indicates you
can pocket a day’s pay in less than a day.
Alex Rich, Ph.D.
is a published author, hypnotherapist and personal
coach.
Alex spends his
days coaching and his nights writing articles on a
variety of subjects. Read about his latest home
business find at
http://www.tinyurl.com/2okd8h
Article Source:
Free-Articles-Zone.com
<TOP>
You have a passion for working on a computer and you like
fixing computer problems. Time to open your own computer repair business right?
Well... Make sure you have good answers for the following questions.
How badly do you want it? Starting a business is not for
the faint of heart. You'll work lots of hours for lots of months before you'll
be making a good living. You'll also have to go out and make lots of sales calls
and endure some less than nice people in the process. If you have the stomach
and the guts to push through that, you are on the right path, read on.
Once you've determined that you are serious about this
business thing, you'll need to make sure you have enough money to do it right.
Remember that most people underestimate the amount of money it will take to run
a business. It's easy to think that you won't need much but consider some basic
costs. You'll need some money for computer parts. You'll most likely need either
a cell phone and a landline phone or both. You'll need to consider expenses like
gas for your vehicle and some advertising expenses that will cover at least a
basic form of advertising like flyers and the yellow pages.
Consider the tools you'll need as well. Things like some
screwdrivers, some extra parts like some extra computer cases, computer screws,
magnifying glass, flashlight, duct tape, overalls, business cards, and a
carrying case to name a few items. There is nothing worse than not having the
tools you need to do business. Not only will you lose time, you could also
potentially lose the respect of your customer. This in turn can lead to either
loosing their business or at the very least making it less likely they'll refer
more business your way.
Joe Duchesne is webmaster of
GreatComputerInfo.com
specializing in computer repair topics including computer repair business
related topics. Reprint freely but keep the live link in this resource box.
Article Source:
http://www.articlerich.com
<TOP>
How
To Make Money In Computer Repair
By
Hunter Crowell
Every home seems
to have a computer or computer-related product these
days, so the idea that you can make money as a
computer repair technician isn't so far-fetched.
Computer repair is a necessary service that many
homes actually take for granted.
When you have a computer problem, you want it fixed
right away, but it might not happen during a time
when the help desk is open, or you might not have
time to wait on hold for someone to answer. You can
make money by offering home services or over the
phone services at a lower rate than the traditional
computer repair centers and also with that personal
touch.
What you need
In order to make money as a computer repair
specialist, you may need more equipment than the
average home business. You might want to have
spyware killers as well as virus programs that can
debug a computer in a short amount of time.
You might also want to learn about all the different
kinds of programs and platforms that a computer
issue might be occurring in. And this might mean
that before you make money, you need to spend some
money on research or even classes about computer
repair.
Most simple problems can be worked out without
special equipment when you know a few basics things
about computers, but the more complicated ones will
certainly make money for you because of the labor
involved.
You will want to have some sort of uniform that will
distinguish you as a professional as well as some
indicator of your services on your car so that you
can advertise as you're at someone's home to make
money.
You might also want to purchase some simple tools
that can take apart a hard drive if that's
necessary. But when you're looking to make money,
it's not a huge expense.
Before you can begin, you'll want to create a ‘menu'
of the things that you can repair as well as a way
to contact you with issues customers aren't sure
about. A cellular phone might be handy to make sure
that you can always be reached, day or night to make
money and solve someone's computer crisis.
Place ads and business cards in areas that might see
a lot of computer users. This might mean that the
community board at the local college or library is
the perfect place to advertise to make money for
your business. Create a simple card with ways to
contact you and you're ready to go.
Growing over time
As you fix more problems, you'll be able to make
money on more issues. Experience is the best guide
in many instances in order to create a more
lucrative and diverse business for you. Start with
smaller problems and don't charge a lot to fix
them. You want to gain customer trust first and
then start charging more for things that might take
more time.
One of the best ways to keep your business on the
road to make money is to make sure that you are able
to help within a certain time frame and to guarantee
that you can. For example, you might want to say
that you will be able to help them in some way
within 24 hours and then stick with that promise.
Find something that makes you different from the
others that want to make money. Maybe you go to the
client's house or you can help over the phone with
smaller problems. Whatever you can do to set
yourself apart—do it. Your customers and your bank
account will certainly thank you.
Hunter Crowell is a researcher, marketer, and an
entrepreneur. He is also the creator of
Ways To Make Money At Home , a web site setup to
help ordinary people learn about the various ways to
make money.
Article Source:
ArticlesBase.com
<TOP>
Super Tricks For Buying A Small Business
by
melvin polatnick
You
have just bought a beverage vending machine from the
manufacturer that cost you two thousand dollars. The
next day a salesman arrives at your home claiming
that he can find a location for the vending machine
that will earn you two thousand dollars per month.
But he wants you to give him five thousand dollars
now for his efforts in advance. He is willing to
give you a written guarantee that if at the end of
six months you are not completely satisfied with the
machines earnings your money will be fully refunded.
No questions asked. That sounds like a good deal to
an inexperienced person, but it is a scam.
Nobody including the salesman can predict what that
vending machine will earn once it is on location. If
he was sure that it would earn that much he would
quit his job and go into the vending business
himself. His guarantee is worthless because all
companies that offer to find locations for vending
machines have no assets. They thrive only on broken
promises. At the end of six months when your machine
is earning next to nothing the salesman and his
company will be gone.
A
golden rule to follow when buying a small business
is never believe a seller when they speak about
future earnings potential, because that is
impossible to predict. If the seller believed the
business had great earnings potential, the business
would not be sold at the present time. But if you
want to take a gamble hoping that the business you
are buying has potential that is fine. Never pay the
seller for earnings potential because it is an
imaginary concept and it is worthless.
Before you buy a business have their books checked
by a qualified accountant with experience in the
type of business you are buying. You must be sure of
what the earnings are because that is what you are
paying for. Nothing else is more important. Be wary
of being told that there is untaxed income from the
business that the seller is hiding from the
government. If you count on that to pay off your
notes and it is not there you will go broke.
A
person selling a business has a tremendous advantage
over the buyer. The seller knows the business and
believes he is making a wise move. The buyer knows
only what he sees and most likely is overlooking the
vulnerabilities of what is being bought. Even if the
business is a sound one, and the price you are
paying is too high, you have a big problem. If you
can’t meet the notes the business will have to be
returned to its former owner with you taking a big
loss. Some owners are happy to see that happen
because now they can look for another sucker.
Once you buy the business it is up to you to improve
its earnings, because if you don’t the notes you are
paying leaves you with very little. That means that
you must be a better businessman than the former
owner. If you are better, you have bought a good
business. Melpol
Article Source:
Amazines.com
<TOP>
Starting a new
business is difficult. Customers don’t typically
come calling on you right away. Everyone starts
somewhere and not all of your first clients will be
long term, sweet spot clients.
Starting a new
business means you don’t have your business
foundation completed yet. At first you need to get
clients - any clients. These are called
stepping-stone clients. They are what will bring in
your early revenue. You also need to start
acquiring positive business testimonials. Again, you
need steppingstone clients for this.
Six months after
starting a new business is when you can start to get
more selective. Earlier than that your accounts
will typically be smaller than you would like.
That’s ok because you need to be confident that when
you are starting a new business these smaller
clients will eventually be replaced by your ideal,
sweet-spot clients.
Types of work to
expect when starting a new business include:
LAN audits
MCSC tutoring
Training seminars
Small peer to peer
jobs
Upgrades
PC tune-ups
Light web site
design
Optimization and
troubleshooting
When you’re
starting a new business your personal and business
network are critical. These contacts will be the
ones who will refer you to small jobs. As you
complete these small jobs word will spread about
your services. Not long after starting a new
business and finishing these types jobs, more
referral business will start flowing in.
Bottom Line on
Starting A New Business
You can’t afford
to ignore any business when starting a new
business. You also can’t get discouraged. Starting
a new business is an exercise in patience and
diligence. You never know where one of your small
jobs might lead you. There is lots of time to be
selective with your clients - starting a new
business is not the time.
Copyright
MMI-MMVII, Small Business Computer Consulting .com.
All Worldwide Rights Reserved. {Attention
Publishers: Live hyperlink in author resource box
required for copyright compliance}
Joshua Feinberg
helps small business computer consulting firms get
more steady high-paying clients. Sign-up now for
Joshua’s free one-hour audio training on Small
Business Computer Consulting secrets at
http://www.SmallBusinessComputerConsulting.com
Article Source:
ArticleRich.com
<TOP>
The
Many Advantages of Franchising
by
akhil shahani
So, what are the advantages of franchising? Bet
you’ll give a serious thought to buying a franchise
after reading this bit.
It’s all about money, honey : Funding is the first
thing that strikes you when you think of setting up
a business, right? But franchising will ease your
pain. One of the most important advantages of
franchising is that financing is often available
from the franchisor. You might only have to pay an
upfront fee going up to a few thousand dollars and
an on-going royalty based on the gross sales of your
business.
Your place or mine: If you already own a commercial
property, this is a great opportunity to put it to
good use. This will help you secure the returns on
your investment and also avoid fluctuations in real
estate expenses. However, should you need to lease a
property, then another advantage of franchising is
that you’ll probably not have trouble finding a
suitable landlord.
Hit the ground running: If you’re taking a
franchise of an established brand, then you don’t
have to wait long before the returns kick in. Since
the products or services are already known to
customers, you’re spared the pain of building the
brand from scratch. Instead, focus those energies on
building reputation and a loyal customer base.
It’s all in the name: A strong brand identity gets
things moving faster and provides credibility that
is vital to success. This is arguably one of the
biggest advantages of franchising – that you have
the right to use the brand name and trade marks of
the franchisor, which saves you thousands of
precious marketing dollars.
Hold hands: Remember Hamburger University? A strong
franchise brand will invest in supporting it’s
franchisees. An efficient trouble shooting service
to help anticipate problems and handle the
unexpected situation is one example. Regular
training and retraining programmes to update you on
products, services and market trends is another
indicator of the franchisor’s commitment.
No screw-ups: Another huge advantage of franchising
is that you don’t have to make your own mistakes to
learn! Bank on the collective experience of the
franchisor and other franchisees to avoid those
classic pitfalls.
Kissing it g’bye: We’re saving the best for last!
If ever you decide you want out, chances are you’ll
probably find a lot of people willing to buy an
on-going business. And that’s an advantage of
franchising that you simply can’t ignore.
While the advantages of franchising are many, be
sure to cover all the bases. Assess your interests,
strengths and weaknesses beforehand. Think carefully
about the kind of business you want to be in. While
buying a franchise reduces your risks, you will face
other challenges, least of which is successfully
integrating your business into the larger franchise
network. Investigate the franchisor’s credentials
and study their commercial terms carefully. If you
have already started to think in this direction,
you’ll find some great resources at
www.great-opportunities.us and
www.sourcebookpublications.com . Happy franchising!
Hi, I'm Akhil Shahani, a serial entrepreneur who
wants to help you succeed. If you like to work
smart, check out
http://www.SmartEntrepreneur.net . It's full of
articles and resources to help you start and grow
your business successfully. Please visit us &
download our special "Freebie of The Month" at
http://www.smartentrepreneur.net/freebie-of-the-month.html
Article Source:
http://www.articlerich.com
<TOP>
Great Ways to Cut the Cost of
Starting Your Franchise Business
by Candice Clem
One of the reasons a franchise business has such a
high potential for success is because of all that's
included in the initial cost. In some cases, the
start-up cost is the same (or very close) to
building a business from scratch but without all the
benefits such as established name recognition,
target market research and existing publicity
campaigns. With so many advantages, it can be
difficult to understand why entrepreneurs
choose to launch a business alone. Nevertheless,
some of the high costs associated with franchises
can become a deterrent for prospective buyers. What
many of them don't realize is that there are several
options that help cut the cost.
Options for Financing Your Franchise
Many franchise opportunities come with a sizeable
price tag. Few prospective business owners can
afford to make such an investment without some
financial assistance. Unfortunately, not all of them
will have access to the necessary capital it will
take to satisfy start-up costs, franchise fees,
royalty fees and a loss in revenue that will
continue until the return on investment finally
begins. If you have a well-established credit
history (free of bankruptcies and established to the
point where you’re considered as having enough
credit), you may be able to
get a conventional loan through a bank or credit
union.
However, banks are typically reluctant when lending
to small businesses. In reality, they rarely do so.
Though not everyone will qualify for conventional
loans, there are still options. If you have applied
for credit to no avail, you can contact the Small
Business Administration, an agency run by the
federal government. The SBA guarantees a certain
percentage of its loans, which puts lenders at ease
because they are less likely to experience a loss.
Plus, the SBA is usually willing to lend for longer
periods of time and at larger amounts.
Of course, the SBA has specific criteria to
determine eligibility. First, it must be a small
business, which
translates to less than $13.5 million in retail or
service sales. Additionally, it must be located in
the United States or a U.S. governed territory and
only those interested in opening a for-profit
business can apply. As you can imagine, this agency
reviews countless applications, which means that you
must handle yourself in a very professional manner.
It is always a good idea to have your business plan
ready before meeting with anyone
regarding financial assistance, even a government
agency.
However, the main disadvantage to getting an SBA
loan is that the interest rate is set by the
Treasury Department, which means that it is
variable. Moreover, this interest rate is generally
higher than those offered by conventional loans.
Thus, if you can find a close friend or family
member who is able and willing to lend you the
necessary funds or even cosign, this is your best
option next to financing on your own through a bank.
Economic Development Corporations
The federal government is not the only entity that
provides monetary assistance to potential franchise
owners. More and more state and county governments
are pitching in with tax exemptions and other
special programs. The New York City EDC, for
instance, issues low-cost tax exempt bonds as well
as double and triple tax exempt revenue bonds (these
are technically issued by the New York City
Industrial Development Agency, NYCIDA, an entity of
the NYCEDC). Furthermore, this agency can even
administer public loans. The only issue to consider
before accepting assistance from an EDC is the fact
that much of the available funding is dedicated to
improving low-income or developing areas.
Nonetheless, EDCs have funds available to
prospective business owners like you. And, you have
the opportunity to impact a struggling community.
Still, before you decide to
locate your franchise in such a community, make sure
it is conducive to operating a profitable company.
Community Development Corporations
These non-profit organizations are dedicated to
improving their local economies by lending money to
small businesses. The goal here is to increase
revenue and bring new jobs to the area. What's
more, CDCs are well known for developing affordable
housing and improving education for residents in
low-income areas. Once again, you must weigh the
costs and benefits to starting a business in
developing or otherwise lower income sections of a
town or city.
Business Development Corporations and Venture
Capitalists
If you're weary of relying on public funding, you
have the option of appealing to a business
development corporation or venture capitalist in
your territory. Returning once again to New York,
its business development corporation is made up of
financial institutions that pool their resources in
order to lessen the risk. Rather than focusing on
low-income sections of the state, this organization
is devoted to helping all kinds of different
businesses gain access to financing. The primary
concern is to expand New York State in general.
Venture capitalists, on the other hand, are
different from development corporations because they
assume some ownership of your business. Because of
this unique feature, they are willing to take more
risks than traditional lending institutions.
Depending on your specific industry and the stage of
your business development, you may be able to find a
venture capitalist fund to help finance your
business.
Take Your Time
While there are opportunities for financing your
franchise business and dramatically reducing your
initial cost, keep in mind that some franchisees use
their own resources for as much as 50 percent of
their start-up expense. If you cannot afford that
kind of investment, consider working for a couple of
years and saving some of the money for yourself. If
you're able to generate some revenue this way, you
are more likely to qualify for a conventional loan.
Otherwise, you will appear more serious to business
development corporations and reputable venture
capitalists. Thus, if you decide to wait after all,
don't become discouraged. Instead, use the extra
time to conduct additional research and perfect your
business plan. Sooner than you realize, investors
will be eager to take part in your project.
About the author:
Find
franchises,
franchise opportunities and information for
entrepreneurs at
Franchise Gator.
Article Source:
GoArticles.com
<TOP>
Start Your Business
for Success-The First Time
By:
Dave Meholovitch
You are thinking about starting your business and
you know you need to attract and retain customers
while remaining in control. Determine how much
money you really need to start your business.
Before you hit the ignition button and start your
business, ask yourself these 10 questions to ensure
all systems are go for
launch.
Take this Quiz before you start your business and
save yourself
a lot of grief.
1. Did you look at all angles preparing for success
or failure?
2. Do the potential benefits of the deal outweigh
the risk?
3. Have you taken the steps to keep your
investment as low as possible?
4. How will you operate your business as a Sole
proprietorship, partnership, limited liability
company (LLC), or
corporation--what makes sense for your business?
5. Is your investment protected by a loan against
the business assets?
6. Have you decided the maximum liability you will
accept as a guarantor of business debts?
7. Have you protected yourself to reduce liability
on personal guarantees?
8. Have you decided the assets you will own in your
own name rather than under the business?
9. Have you protected your personal assets by
judgment proofing yourself?
10. Have you reviewed these points with your
attorney and accountant?
If you answered "no" to any of the above questions,
you have a lot of work to do! It pays to prepare for
the worst. Then you can spend all your time planning
and working for success. One other question you
should ask yourself. Am I starting my business to
help others? Or am I starting my business just to
make money?
Most people think making money is the number one
priority in deciding what kind of business to start.
Put it on the bottom of your list. Your passion,
enjoyment and rewards head the list. When you
love what you are doing the success and money are
bound to follow, but it never quite works in
reverse. And if you happen to make a lot of money in
a business you don't love, I'll guarantee you'd make
twice the money in a business you do love.
SBA says 50% of start-ups fail during first year
When you're starting a new business, the last thing
you want to focus on is failure. Here are the top
reasons why businesses fail; these figures aren't
meant to scare you, but to prepare you for the rocky
path ahead. Underestimating the difficulty of
starting a business is one of the biggest obstacles
entrepreneurs face.
1. Lack of sales and marketing the company's
products/services.
2. Poor management
3. No focus or disciplined
4. Personal use of business funds
5. Insufficient money for slow times
6. Location
7. No web site
8. Competition is better
9. Lack of commitment and persistence
10. Start a business for all the wrong reasons
Is finding the money to support yourself during the
early stages of your business holding you back?
Don't spend too much money up front on supplies and
equipment. You can start your own business without
large amounts of money and high risks, always try to
use someone else's money. Before you start your
business, you have
to decide how much money you're going to need and
you have to make sure that you have it available.
Your Business and Marketing Plan will provide this
important information.
You will need money to set up, start and run the
business but you should also have the possibility to
borrow some money should something unexpected
happen. The reason you should arrange this before
you start your small business is that, in my
experience, banks don't lend money to new small
businesses.
Planning is one of the most important steps taken in
developing a successful small business. In
developing business plans, companies of all sizes
face the challenge of determining the size of their
markets. People typically spend more time planning a
vacation than they do their financial future.
In closing business is a lot of things. But without
"Cash Flow" you won't have a business for long. If
you plan to bank roll a start up make sure you know
what the support payments are and can you afford
them.
Lifelong dreams, like those of running your own
business, are often met a bit at a time until one
day you wake up and realize that once far-off goal
is now within reach, because you didn't give up on
your dream! Hold on tight to your dreams.
About the author:
Dave has more than 35 years experience in building,
buying and selling businesses. His business
accomplishments have been in owning 10 different
businesses. He truly understands the need to share
the American dream. Business isn't an academic
exercise for Dave. He has been on both sides of the
counter and this has allowed him the unique
advantage of being able to observe and study
business success from many vantage points.
http://www.whowantstobetheboss.com
Article Source:
GoArticles.com
<TOP>
