Well biz I did it. I started my own small business with a friend of mine. Registered with the state and formed an llc.
Its computer repair and there is virtually no competition and we plan on doing other things like web development and app development and several muses we have had over the years.
We rent a space my family owns and have little to no overhead besides the rent and utilities.
Any advice on how to raise more capital and how we can be successful? Anyone else in the same business that can offer advice?
my wifes parents do this, charge hourly for things that dont take hours - if they drop the computer off you can squeeze a little extra dosh out of em
do housecalls (old people)
resell old parts, and although youll be ripping people off do extra stuff "oh I installed this anti virus software for free!" <- even though its a free anti virus and all you did to their comp was download and run it
do that and theyll give you "broken stuff" that you can resell
they make crazy good money like 6 figures with a little storefront
>we plan on doing other things like web development and app development and several muses we have had over the years
Sounds like failure. You should focus on one service at first, especially if you don't have big marketing budgets. Getting clients is incredibly hard, and the hardness gets exponential the thinner you spread your offerings. Focus is key for you, and for perception. You will always make more money by focusing on a drilled-down niche than by offering everything under the sun.
These are more "down the road" projects we want to explore. But our primary focus is the computer maintenance. What other services do you think we should offer under the same umbrella that won't stray us too far from the primary focus?
>there is virtually no competition
Sorry anon, but you're wrong. You just didn't look hard enough.
Computer repair is easy, the trick is to get business accounts
You offer free PC disposal for old and broken computers. You tell them that this will save them money since the local dump charges $25 a computer (who cares if they don't actually).
Oh and keep in mind that you are required by law to make sure that none of their personal information can be stolen. You can be sued big time if their old tax records get stolen because you sold the HDD on ebay and someone was able to recover the files.
Also look into your local laws for requirements to report CP and the like. Also note that snooping in unnecessary places is illegal.