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Starting Your Business - Advice and Guidance

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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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

 

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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

 

 

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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

 

 

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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

 

 

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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

 

 

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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

 

 

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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

 

 

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Small Business Failures: Causes And Prevention Tips

by Michael Lee 

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

 

 

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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

 

 

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How to Start a Computer Repair Business 

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

 

 

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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

 

 

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Computer Repair Business Forms That Every Small IT Business Needs 

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.     

 

  1. 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. 

     

  2. 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. 

     

  3. 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

 

 

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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

 

 

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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

 

 

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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

 

 

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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

 

 

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How To Start A Computer Support Business

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

 

 

 

 

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Start Your Very Own Computer Repair Business 

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

 

 

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Buying a Franchise in a Recession 

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

 

 

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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

 

 

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Starting a Small Business in Tough Times
by Christine Harrell

 

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

 

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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

 

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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

 

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Computer Service Tips That Build Your Client List the Right Way
by Joshua Feinberg 

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

 

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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

 

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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

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Start Your Own Computer Repair And Maintenance Business At Home
By Susan Hutson

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

 

 

 

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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

 

 

 

 

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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

 

 

 

 

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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

 

 

 

 

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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

 

 

 

 

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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

 

 

 

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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

 

 

 

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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

 

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Computer Home Business

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                  

 

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Starting Your Own Computer Repair Business

By Joe Duchesne

 

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

 

 

 

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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

 

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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

 

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Starting A New Business In IT and Getting Clients
by Joshua Feinberg

 

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

 

 

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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

 

 

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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

 

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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

 

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