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 terroist 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!
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Can I start a home based business, not get a business license and not pay taxes?I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?
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you've got it back to front. First you look for a niche in the market that needs to be addressed or you note a shortage of demand. If you are not addressing these keep your money in your pocket.
Business opportunities come from hobbies expanded, new technology (e.g. become the Blue Ray expert), niche markets e.g. something a cultural group wants or needs, changes in law create opportunities for experts to emerge, changes in demographics e,g, more children in the area.
Look around. Ask people around you.
How to start will depend on the idea – some businesses start part time until they get enough customers to move on – some start as web based businesses and others just have to bite the bullet and go bigtime. Whatever you do please do a business plan before you start – work out the details on profitability, time needed to make it work etc before you commit any money to the idea.
Need a great business plan format try. http://www.australiansmallbusiness.com.au/Easy-Business-Plan-Pack-p-16143.html
yeas, this was the original theme
He just says 1,2,3,4 and the little kids turn into top notch studio musicians with adult singing voices. David Cassidy doesn’t even sing on this one.
The requirements vary according to your state. Call the business license office for your county and just ask them if you need a business license to operate an internet store. I live in Georgia, and in my county, you do.
business school is the right field to study, if you choose your college carefully, some have an entrepreneurship track/program
They don’t show the Brady Bunch or The Partridge Family any more.
I remember the Brady Bunch used to be on Tvland(like you said) and The Partridge family was on ION along with The Monkees.
wow. Its Danny Bonaduce before steroids. Hes much calmer!
How about a book store, if you are looking retail?
I cant say if it would work in your town, you need to do marketing research to see what would succeed in your town.
Also in business .. Location, Location, Location is VERY important to success .. not only do you need the right business, you need the right location ..
Passion, YES .. you do have to work long hours but passion because you believe in what you are doing.
I work from home and have the utmost compassion and belief for what I do, I believe that is what brings me success ..
If you don't like books, don't like to read .. then a book store probably wont make sense. Did deep .. Only you know what you really want to do.
GL!
You need to keep accurate records when running a business. This will be your best defense if you ever get audited.
For IRS purposes, you need to make a profit every 3 out of 5 years to have the IRS prove that you are not running a business. Otherwise, it is up to you to prove that you are running a business and not doing a hobby. You can prove that you are running a business by keeping your business accounts and personal accounts separate.
You can write off any legitimate business expense including dinners with clients, car expenses, equipment, etc.
Having a separate checking account and credit card is a good idea. However, it isn't necessary. You can comingle your business and personal expenses using your personal accounts. But, if you do this, then it will be harder for you to prove that you are running a business.
For your revenues, you don't need a corporate account to make you deposits. You just need to make the deposits in your separate account that you use for business.
You can read Publication 334 for more information.
we’re happy to see that we’ve gained some new fans, keep tuning in!
Also, didn’t realize the theme song had a different variation on it. Apparently it changed as time went on??
They just put the Brady Bunch back on because of it’s 40th Aniversary or whatever, i’ve been watching it like everyday XD
Yes, the courses you speak of will help you to become a Business Analyst.
A BA can be on the client side or the IT side. If on the client side, they are interfacing with work group domains that process the work and review what they need. They generate requirements and then work with the IT side to update or generate processes and applications to fullfil the business needs.
If you're a BA on the IT side of the house, then you're taking all the requirements and developing processes and application solutions. Your job is to work with the client to generate a business solutions document (there are many names for it) and get signoff. Then, you need to make sure that solution becomes reality by working with systems analysts, programmers, and testers. You're generally responsible for the delivery of the solution. Although, if the solution revolves around process changes with other work group domains, you normally work with a PM (Project Manager). Never the less, you have end to end responsibilities for the IT delivery to insure the client gets what they need (and paying for).
With the offshoring of work to cheap labor, to remain associated with software development, the BA role is a good profession.
You can't post a Proposal for Sale of Business here. It is a comprehensive document similar to a business plan with dozens to hundreds of pages. Contact a broker like VR Business Brokers and see if you can get help. Yours is a unique business driven by personal contacts and is not easily sold.
Hmmm. Interesting.. It says this was directed by Jerry Paris. Jerry Helper on Dick Van Dyke Show.. I understand he did quite a bit of directing, and on other shows as well..
my dad bought two seasons of the partridge family and the first season of the monkees. now i’m becoming the female version of my dad when he was my age.
Hiiiiiii..
I think you have to choose the Marketing section in Human Resource Management(HRM) because in marketing you get the nice job in the good reputed company on a high post..