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Computer Repair Company Business Plan PDF Sample
Computer Repair Company Business Plan PDF Sample
You will face some of these challenges and you must prepare your
mind for this. Preparing your mind will help you to not give up when
challenges rear its ugly head.
Research
Since you are about to tread on a new terrain, it is likely that you have
limited knowledge about the computer repair industry. Therefore, it is
important for you to do a thorough research so that you can be well
informed about the fundamental things your business needs to thrive.
Don’t just assume you know.
Research about your ideal customers, their problem and the best way
you can help them solve it.
Research about the various niches in the industry, the ones that are in
high demand and the one that is of interest to you. Research about
your competitors, what they are doing right and how you can improve
on it and what their customers are complaining about that you can
leverage on. Doing this will guide you in making good decisions.
Get Skilled
To stand out among your competitors and become the most sought
after by your customers, you need to be highly skilled at repairing
computers. So, being merely interested in the business is not enough,
you need the necessary skills and expertise that will help you to
always be on top of the game.
You can start from your contact list; call up your family and friends, let
them about your shop, don’t assume they know. Offer them free
services in exchange for referrals.
Reach out to small businesses and individuals and pitch your work to
them, offer them irresistible discounts that will make them patronize
you and make sure you do a good work for them that will not only
make them come back but also make them refer you to others. You
can also leverage on the internet. It will go a long way to help you.
Vision Statement
Our vision is to come up with a computer repair company that will be
unarguably the best both in the United States and in other parts of the
world.
Mission Statement
Our mission is to come up with a top notch computer repair company
that will handle some of the biggest projects in the IT world. At
Jazzytech computer repairs, we are bent on giving you the best. We
aim to achieve this by always keeping up with the trends in technology
and helping you do the same.
Business Structure
We are not ignorant of the stiff competition that exists in the computer
repair industry. As a result of this, we are looking to build a very strong
business structure that will help us thrive in this business.
Market Analysis
Market Trend
The computer repair business is a business that requires strong
marketing skills in addition to excellent IT skills for new entrepreneurs.
Interestingly, people always make use of computers. Therefore, a
possession of these skills means you will always be in demand.
One factor that works to the favour of new computer firms is that
people no longer wait for their PCs to break down. Avoiding repairs
and making constant upgrades is enough job to keep computer repair
companies busy.
Target Market
We will be looking to service both individual computer owners as well
as small businesses. This is because just like individual computer
owners, small businesses lack IT departments. However, they have
constant IT needs. Meeting the demands of both our other business
owners as well as individual computer users is definitely going to be a
source of constant income for our young company.
Reason being there is a large market for residential services. Also, the
issues related with residential computers are not as serious as
complicated as those of firms. As a result of this, we can spend less
time servicing a computer. This will definitely lead to a better income.
Financial Plan
Source of Startup Capital
To get our business running, we will need a minimum of $200,000.
With this start up coast, we intend to get an office space, pay for the
needed equipment to start a company. Over time, we have been able
to come up with $100,000 from all our savings. We will get the
remaining $100,000 from the bank.
Competitive Advantage
We might be new in the tech world, however, we are not pushovers.
The fact that we are just stepping into the scene for the first time does
not in any way mean we won’t compete with other firms for a place in
the computer industry.
We are stepping into the industry with very high IT skills, we also
possess some of the best equipment to help us last in the industry.
Conclusion
The business plan above is a simple business plan for the
computer company, Jazzytech Computer Company.
This firm will be run by Anthony and Andrew. Also, the funds for
running this business will be sourced from savings of the
entrepreneurs as well as from the banks.