With the smart phone phenomenon hitting nearly ubiquitous levels, he market for fixing these phones is also growing. Accidents are an unfortunate part of ownership and repairs can be simple screen repairs; or a complicated process that involves diagnostics to identify which parts are damaged and need replacing. This means that there is plenty of opportunity to make money by getting these phones back in order.
Starting a cell phone repair business can be as easy as buying a damaged phone from a friend, fixing it into working condition, selling it at a profit and slowly growing a small body of money.
Cell Phone Repair Business – Business Plan Steps
A business plan is the first step towards opening a legitimate cell phone repair Business. Prior reading and research of business plans is the only way to write an effective plan, but there is a very basic formula. A brief introduction to oneself, a marketing plan and management plan, and financial projections for the business. Without a plan there is no security that your business will be successful, making it difficult to receive an initial investment if needed from a third party.
Often times, it is necessary to consider the location where a business will operate when formulating an excellent business plan, because foot traffic and accessibility will affect financial projections. For cell phone repair, places like shopping malls and shopping centers with high populated are recommended.
Small Business owners opening cell phone repair business
Any good small business owner knows his business from top to bottom. This allows the owner to fill in when necessary and manage effectively, so for the case of cell phone repair service, a training course should be sought. There are many offered online, so choosing the right course can easily be overwhelming. Check the track record of the company by searching for reviews both on and off their site.
Every business needs a permit or license to operate, which can be can be applied for at the city hall or county office of the area in which the business will be run. Usually the requisite state tax ID number can be applied for online, while the federal tax ID number is available at 1-800-829-4933. All three are required and should be acquired before a lease, business supplies, and marketing materials
Start your own cell phone repair business with Dr Phone Fix
A third, simpler option is to apply for a license from a cell phone repair Business, like Dr Phone Fix, who will help you through all of the above processes. They say that a typical initial investment ranges from $68,000-$135000, which provides a stylish interior, two weeks of training, the Dr Phone Fix’s reputable name, access to reliable vendors, only the highest quality parts, and Point of Sale Software custom tailored to Dr Phone Fix stores.
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