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Phone & Laptop Repairs Business Plan Financials, Model and Financial Projections Excel Template

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Category: Financial Plans & Projections



Brief Overview of Phone and Laptop Repairs Business

With the rate of ICT innovation, every school, workplaces or business building is geared up with one computer or more. These computers while assisting to make works much faster, much less difficult and easier also break down every now and then. Thus, the need for a computer repairer. Computer repair work business feeds when computer systems develop faults. Maybe a hardware issue, a software issue or both. In either case, to repair them costs money. So, thinking about the number of people using computer systems every day in this nation, going into computer and phone repair business in Nigeria is a profitable thing to do.

The laptop/phone repair business is an extremely lucrative business and ought to be considered if you are looking at hoe to be your own boss. When you are in a strategic area (for instance, a college, a work environment, or a coordinated business environment), the computer and phone repair business in Nigeria is a great business. To win in business, you should be really good at getting suggestions from clients. Discover an organization to repair their damaged computers/phones, which will clear the way for various other companies to belittle you. From fixing computers/phones, you can upgrade to sales workstations, phones and accessories.

Potentials of Phone and Laptop Repairs Business

Computer and phone repair business is likewise lucrative for several reasons. It is lucrative since there is a big percentage of Nigerians that use computers and phones for one thing or the other. Most of these people are those that work in the office, those that run online businesses, and students. You can earn money by fixing these laptops and phones and replacing their faulty parts. All you need to do to make your money quickly is to ensure your shop is in the appropriate place and people skills.

Requirements For Starting a Phone and Laptop Repairs Business

Get Trained

It is essential to go for training, not just in any kind of place but where you know the individual or firm can deliver. Shops that are constantly having repair work are most likely place due to the fact that the more involvement made the more knowledge one acquires. For you information you might not be thought everything at the training ground, you will find ways to do certain things as you start. If you go to a shop where they repair one computer/ phone or none in a day, then you need to quickly retrace your steps. Phone/computer repairs can be learned within a brief time, it is not like sewing where you can spend a year or more for training. 6-8 months is alright, also within a week of your learning you can begin fixing simple things.

You can stay in your home and learn computer/phone repairs if you cannot afford to pay for physical training or there is no such place in your area. Here is some online site to obtain materials or watch ways to repair, download repair manual from ifixit, view YouTube.

Get Capital

Every business need smartness, you can purchase dead phones/computers, repair and resale. Aside that, you need cash for buying of tools to use for the repair works. You likewise need cash to pay for shop or space.

Get a space

Location is extremely important in telephone/computer repair business since it will identify how much work you do invariably the amount you make. A busy road, high industrial centre, some domestic area, locations where offices are concentrated, market, motor park, university or a college environment (Tertiary) and so on. approach phone store owner that does not have telephone/computer repair and request a space to use for a fee.

It must not always be a shop you can begin under umbrella. Clients will still come but to get big time customer (people with class) you need a shop.

Tools Needed for Telephone/computer Repair

Soldering iron. Screwdriver, LCD tester. Battery booster. Diode-testing meter. Cleaning brush. Tweezers. Magnifying lamp. Glue tape, generator. Magnet. Table. Laptop (for opening, downloading and install of some softwares. Suction Cup Pliers. Heat Gun or Hair dryer. Magnetic mat. Guitar picks.

Things to Repair in a Phone/Computer

Software/hardware problems. Charging port. Fixing of new screen. Smart phone repairs. Hard drive issues especially with computers, Replacing damaged LCD. Altering of earpiece (audio speaker) Changing the information port. Opening of phones. Changing headset, jack bend cable television. altering the Wi Fi Flex Cable Replacing of audio speakers. Changing of home button. Changing of damaged glass digitizer.

Advertise

Market your hand work both offline and online to draw in customers.

 

Overview and Features of the Excel Template

The excel template comes with a powerful presentation and a thorough financial analysis and model for succeeding in this business venture. The template will enhance your chances of getting grants, attract investors and bank loans.

Inside this template, you will get:

  1. 3 years Income Statement.
  2. 3 Years Financial Position
  3. Cash flow Statements
  4. Trial Balance and Account Charts.
  5. Automated Macros to make the template faster, user friendly and accurate with little or no manual input.
  6. 24/7 Support from our team of financial experts and analysts.

 

Ms Excel Template

V.1 (2022)

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