How can I make a hobby computer repair business?
Hi everyone, me and my friend are really good at computers and have repaired them many times before, of coarse for free though. Now we were seriously thinking if we could make some money out of it. Here are my questions, do we need a business license? A computer certificate for technicians? Do we need to register for anything? And can we actually post this in the newspaper, like an ad for repairing computers. Also what would happen if something were to go wrong? Do I need liability insurance? Thanks and any other advice would be great!
I would definitely recommend starting up a real business so that you will have the capacity to write off business expenses and get other business perks. Liability insurance is a must in case there is a serious problem like a house fire where you would have to replace all the computers that you are fixing for people or a burglary where all the computers are stolen. As far a credentials go you will have to check within the city statutes for licensing. Your best bet at this point is to consult a local attorney for advice on how to get started.
You can bypass all of the above to try to build a business but of course you will be taking the risks. Talk to some investors about some start up funds.
Read E-Myth by Michael Garber…….before you do anything.
References :
I would definitely recommend starting up a real business so that you will have the capacity to write off business expenses and get other business perks. Liability insurance is a must in case there is a serious problem like a house fire where you would have to replace all the computers that you are fixing for people or a burglary where all the computers are stolen. As far a credentials go you will have to check within the city statutes for licensing. Your best bet at this point is to consult a local attorney for advice on how to get started.
You can bypass all of the above to try to build a business but of course you will be taking the risks. Talk to some investors about some start up funds.
References :