How to make money on cell phone repair

With each passing day, more and more smart phones are sold. From young teenagers with their first phone, to adults getting upgrade after upgrade. Each phone sale has how to make money on cell phone repair thing in common. All phones are fragile pieces of electronic equipment; and they break easily. But what is sad news for them is happy news to the cell phone celll guy. Even if you know nothing about cell phone repair, you can find everything you need on YouTube. Other popular cell phone repair channels are Le55ons and iFixityourself. With a small investment in tools, you can soon become the neighborhood tech guru. Whether you repair phones locally, online, for friends, family, or for profit, there are some essential tools you need for the job. A Universal Smart Phone tool kit. Ive used this exact tool kit for over a year now with zero issues.

Start A Cell Phone Repair Business In Your State

So you want to start a cell phone repair business? Well, I don’t blame you. This is a multi-billion dollar industry that requires minimum investment to start and little to no experience. Considering that this is a rather new industry that people are interested in, there aren’t many good resources out there to help get you started. This article is the beginning of 30 to come that will take you step by step through starting your cell phone repair business. Stay tuned for more publications to help you along your journey. There a few ways that you can start your cell phone repair business. The two main models that are popular are a storefront and a mobile repair business. Let’s cover both of them in a bit of detail. The storefront is the best way to start branding your product.

How to Make Money Buying and Selling Used Cell Phones

It shows legitimacy and puts trust in the minds of your customers. However, the start up costs of starting your own store a lot larger than that of a mobile repair business. Having a storefront allows you to keep all of your inventory in one place as well as allowing you to work on multiple devices at the same time. This may be ideal for the business owner who has a lot of start up capital and is able to take a risk. The mobile repair business is great for low capital business owners and offers your customer convenience. It is also good for developing relationships with your customers and is great for referrals. The downside of the mobile repair business is that you can only work on one device at a time. This will generate lower profit margins, but allow you to have better control over your schedule.

Make Money Repairing: My Story

Business Ideas Tool. You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering it with the state. We have put together this simple step guide to starting your cell phone repair business. These steps will ensure that your new business is well planned out, registered properly and legally compliant. A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns.

Start a cell phone repair business by following these 9 steps:

There is more to starting a business than just registering it with the state. It is difficult to find a gadget which has had a bigger impact on people’s lives than the cell phone. It would be ideal to have a partner who can do both, so either of you can handle front of house, as well as repairs, in order to maximize your effectiveness. Take the Next Step Useful Links.

The eBook: How to Start a Cell Phone Repair Business From Home

K, South Africa, India. And you may want to offer plans for future service visits. How long it will take you to break even? Here is how to save money on your cell phone. Mney non-competitive tech stores will let you leave your information on their counters or in storefront windows. You also need to know the features of a used phone before buying one to determine whether the phone will be easy to sell or not.

Start a cell phone repair business by following these 9 steps:

Business Ideas Tool. You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering it with the state.

We have put together this simple step guide to starting your cell phone repair business. These steps will ensure that your new business is well planned out, registered properly and legally compliant. A clear plan is essential for success as an entrepreneur.

It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:. Depending on the location of your shop, most of the costs involved for the startup will be rent and utilities. Some cell phone repair shops operate as kiosks in a mall or other heavily trafficked consumer center. These can be more cost effective, but may not have the storage area needed for your business, as it expands and grows.

Some businesses operate out of a home and reduce much of the overhead associated with a brick and mortar location. There will be some loss of walk in customer business, but most customers will find your business online through a website or webpage via social media. There are a few options and configurations for how you will set up your business, so consider them carefully and think about what will work best, both currently and for the future.

Other than rent and utilities, if you have a brick and mortar, most costs will be generated from buying parts and supplies for the actual repairs. And you should be able to recoup these costs, once the repairs are completed. As you grow as a business, you may find additional costs pertaining to advertising or hiring additional staff, but this business tends to have a relatively low overhead.

Your target market is technology consumers. Especially as cell phones and other devices become more expensive and more powerful, the owners will want to stay with their tried and trusted choices for tech connectivity. Another smaller, yet growing, target market is the environmentally conscious tech consumer.

As more people become aware of the growing problem of added tech waste to our landfills, there are more and more consumers who wish to keep a device as long as possible, with repairs and upgrades keeping their device working and out of a dump pile. Appeal to both of these aesthetics to increase your overall business bottom line.

Revenue is generated through the fees customers pay to have their cell phone or other mobile device repaired or upgraded. Repair and upgrade prices will vary, depending on the make and model of the device. Many cell phone repair businesses expand to include repairs on all kinds of tech gadgets. Gaming systems and music production equipment may also be good fits for your repair business.

You can also offer customers phone and data plans through third-party service providers. As the technology surrounding our lives increases, as it is sure to, there will be more avenues to explore and include in your business plan. Choosing the right name is very important. We recommend checking if the business name you choose is available as a web domain and securing it early so no one else can take it.

Establishing a legal business entity such as an LLC prevents you from being personally liable if your cell phone repair business is sued. You should also consider using a registered agent service to help protect your privacy and stay compliant.

For most small businesses forming an LLC is a great option, and it’s easy enough to form by yourself, or check out the top business formation services.

You will need to register for a variety of state and federal taxes before you can open for business. When your personal and business accounts are mixed, your personal assets your home, car, and other valuables are at risk in the event your business is sued.

In business law, this is referred to as piercing your corporate veil. Learn. Recommended: Read our guide to find the best small business credit cards. Recording your various expenses and sources of income is critical to understanding the financial performance of your business.

Keeping accurate and detailed accounts also greatly simplifies your annual tax filing. Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut.

Certain state permits and licenses may be needed to operate a cell phone repair business. Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses. A cell phone repair business is generally run out of your home or a storefront. A CO confirms that all building codes, zoning laws and government regulations have been met. Insurance is highly recommended for all business owners.

If you hire employees, workers compensation insurance may be a legal requirement in your state. Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

Your biggest concern for success will be making sure customers are aware of your business and the services you can offer. Therefore, advertising and marketing are critical pieces to this puzzle. And, in order to keep costs low, you should consider all of the inexpensive, yet effective methods for getting your name known among consumers. Some non-competitive tech stores will let you leave your information on their counters or in storefront windows. You can also hand out cards and flyers during social gatherings in your city or region.

Next, look to set up a website or start a social media page on Facebook or Instagram. Many customers will do a Google search first, when looking for a cell phone repair shop. You want to be their top result, so use keywords to push your business to the top of these searches. You may also be able to join social clubs, groups, or organizations, specifically related to technology and even device repairing and modifications.

Finally, make sure that you make a connection with your customers. Word of mouth referrals and positive reviews are great marketing tools. Remember, the main goal is to become known and trusted and then continually live up to your positive reputation. As mentioned previously, customer reviews and referrals can be some of the most important aspects of a healthy business. Develop business relationships with your customers. You have to be competitive, but you should also be comparable to your competition.

You can offer specials now and then, especially for repeat customers. And you may want to offer plans for future service visits. These incentives will help customers think of you first, when deciding on a repair business.

A business website allows customers to learn more about your company and the products or services you offer. You can also use social media to attract new clients or customers. Select your state below for an in-depth guide on completing each of these steps in your home state. Individuals possessing an attention to detail, technical proficiency, specifically regarding electronics, as well as small business acumen, will find a rich market for their services.

Since most cell phone repair shops and businesses make the majority of their money from the repairs performed on cell phones and similar devices, this is where the majority of the time is spent. There is also time allotted for ordering new supplies, planning advertising and marketing plans, returning customer phone calls and e-mails and cleaning and organizing the shop.

Fortunately for entrepreneurs looking to make cell phone repair a successful business venture, there is very little overhead or start-up cost involved. The skills needed for performing the repairs are also fairly manageable to learn and execute, as.

If you have a knack for working with your hands, especially on smaller or delicate items, you will be well-suited for this profession. If you also have experience or knowledge with small business management, you will equally have an advantage for this career. The last piece of the puzzle becomes communicating with customers and making sure their cell phones and devices are repaired and returned to them in a timely manner.

Cell phones are very popular and useful items for most people. They are fast becoming a necessity for most, no matter where you reside. We manage both our business and personal lives with these pint-sized technical powerhouses. When one breaks or is no longer working properly, many individuals find themselves in a situation in which they must quickly find a replacement.

Because of this new dynamic, repairing a cell phone becomes another necessity for remaining connected and able to navigate the web, make calls, send and receive emails, texts. Repairing a cell phone, then, becomes the best option for many, both economically and location-wise.

And, with cell phone sales continuing to skyrocket, there will be many more how to make money on cell phone repair requiring repairs in the coming days, months, and years. The cell phone repair business is poised to become one of the larger facets of the technology industry, with even more individuals opting for a repair, especially as the price of cell phones continues to skyrocket, as.

Subscribe to our YouTube channel. One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners. There are many resources out there specifically for women entrepreneurs.

Social media can be quite helpful, and we detail how to achieve the recognition and return customers in the marketing and promotion section. You also want to make sure you have a strong relationship with your parts supplier. Your ability to repair and return devices to customers in a timely manner requires you to have the replacement materials shipped quickly, if not already on hand. Part of the draw of this business is that it can be operated by one or two people for a very long time.

Your business will have to be extremely successful and isolated from other competitors in order to think about having a team of repair people working for you. You may want to have one other person in the front of the shop to greet and qualify customer needs, as your business grows. This will help you to focus on the repairs and making sure the customers are reunited with their devices as soon as possible.

My Story How I built a $100,000 Business Alone Repairing Cracked iPhone Samsung Screen

There is so much bad information circulating about starting your own cell phone repair business so lets start by addressing the myth that starting your own cell phone repair business is an easy business to start without the proper training. From the outset the cell phone repair business looks moneu a simple business to. Everyone and their mother can see the potential in servicing people who need this service. At Cellular Repair School we consistently educate our potential and current students on the many important parts of successfully running a cell phone repair business.

Start A Cell Phone Repair Business In Your State

Knowing how to repair a cell phone seems like a very important part, and it most definitely is, but so is cell phone parts inventory, cell phone part suppliers, cell phone pos systems, effective customer service…and so much. Everyone is always looking for that business that will give them a wonderful return and if cell phone repair is what you are looking repalr, then you have come to the right place. At Cellular Repair School we focus on repaair teaching you how to run a profitable repair business along pgone giving you all the tools, information, resources and support to maximize your money making potential. Support is a huge how to make money on cell phone repair of our Alumni experience.