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10 Tips for Starting a Computer Business
Post 1 of 72

Many people dream of running their own successful business. However, those dreams never include the sweat, blood and tears that are part of getting there. Here are 10 reality based tips for starting a computer business.

1. Love what you do - This is by far the most important thing in almost every business. Dont ever do it just for the money.

2. Have sufficient start up funds -  which should cover your business registration, initial visit to your accountant to get setup legally and some business cards. However, the most important start up funds are the ones you need to support yourself  while you build up your client base, which leads me into my next tip.

3. Start your own business while you are still employed - It may be many months before your business starts becoming profitable so its a good idea to have another job to cover your living expenses during that time.

4. Be good with money - Managing money isnt just one of those things that you do in business. It is what business is all about. If you cant manage your own funds now, you probably shouldnt be starting a business.

5. Start on a shoestring - Dont go renting a big officespace if you can start your business from home. Dont buy lots of expensive office furniture and electronics. A computer, fax machine, basic printer, internet connection, a phone and a basic toolkit should be enough for most businesses.

6. Understand how you will make a profit - Work out how much you will need to charge for your products and services in order to make a substantial profit. Take into account costs such as your advertising, utilities and rent. From there you can determine how much money you need to make each month to survive.

7. Get and keep the competitive edge - Perhaps you can strike up a special deal with your supplier to get items cheaper than your competitors. Be a professional on the products you are selling or have the friendliest staff.

8. Dont go it alone - Unless you are a accountant, a lawyer or a designer then you should hire professionals to do those tasks. In the long run, if you try and do it yourself you will waste more time and money than if you originally paid a professional to do it. Rememer your time isnt free anymore.

It is also a good idea to have someone you can bounce ideas off. Its especially important to have someone who will play devils advocate for you.

9. Be Professional - Everything you do should be professional. Your business cards, the way you act and even the way you dress. This shows your clients that you are a professional running a serious business.

10. Prepare for the worst - What would you do if your house/office burnt down right now? Would your customer database be backed up elsewhere or would it perish? Do you have adequate insurance if a clients computer perished in a fire, along with all its data?


 Source: http://www.technibble.com/10-tips-for-a-starting-a-computer-business/

20 Mar 2008 13:54
Post 2 of 72
vicdirect
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Quoting from [Usama El Kady]:

Many people dream of running their own successful business. However, those dreams never include the sweat, blood and tears that are part of getting there. Here are 10 reality based tips for starting a computer business.

1. Love what you do - This is by far the most important thing in almost every business. Dont ever do it just for the money.

2. Have sufficient start up funds -  which should cover your business registration, initial visit to your accountant to get setup legally and some business cards. However, the most important start up funds are the ones you need to support yourself  while you build up your client base, which leads me into my next tip.

3. Start your own business while you are still employed - It may be many months before your business starts becoming profitable so its a good idea to have another job to cover your living expenses during that time.

4. Be good with money - Managing money isnt just one of those things that you do in business. It is what business is all about. If you cant manage your own funds now, you probably shouldnt be starting a business.

5. Start on a shoestring - Dont go renting a big officespace if you can start your business from home. Dont buy lots of expensive office furniture and electronics. A computer, fax machine, basic printer, internet connection, a phone and a basic toolkit should be enough for most businesses.

6. Understand how you will make a profit - Work out how much you will need to charge for your products and services in order to make a substantial profit. Take into account costs such as your advertising, utilities and rent. From there you can determine how much money you need to make each month to survive.

7. Get and keep the competitive edge - Perhaps you can strike up a special deal with your supplier to get items cheaper than your competitors. Be a professional on the products you are selling or have the friendliest staff.

8. Dont go it alone - Unless you are a accountant, a lawyer or a designer then you should hire professionals to do those tasks. In the long run, if you try and do it yourself you will waste more time and money than if you originally paid a professional to do it. Rememer your time isnt free anymore.

It is also a good idea to have someone you can bounce ideas off. Its especially important to have someone who will play devils advocate for you.

9. Be Professional - Everything you do should be professional. Your business cards, the way you act and even the way you dress. This shows your clients that you are a professional running a serious business.

10. Prepare for the worst - What would you do if your house/office burnt down right now? Would your customer database be backed up elsewhere or would it perish? Do you have adequate insurance if a clients computer perished in a fire, along with all its data?


 Source: http://www.technibble.com/10-tips-for-a-starting-a-computer-business/



Many thanks, excellent writing and advice. please do not stop. every thing is easy once you know how? all the sweat and tears of burning night oil gives expirence, and by you sharing this knowledge with others, will give you ten fold back. god bless, keep doing it. victor
25 Jan 2009 15:28
Post 3 of 72
sherri
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it is good
16 Mar 2009 00:10
Post 4 of 72
jun2196
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one thing .honest is important too
13 Apr 2009 16:58
Post 5 of 72
carolhe1024
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I think there are also some small but important things need to do:setting up an unique name as well as registering an unique domain name to form your own website .

I am having some good news for domain names

$6.52 com/ net/ org

$0.9 for cn renewal
www.toaynic.com

02 Jun 2009 01:51
Post 6 of 72

Its a perfect tips for the bigner[em19]

16 Jun 2009 06:38
Post 7 of 72
lanlananhanh123
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Post 8 of 72

[em1],It's really professional, we can learn a lot from it ,thank you

 

28 Jun 2009 02:17
Post 9 of 72
EXCELLENT ONE FOR A NEW STARTER
02 Jul 2009 18:20
Post 10 of 72
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Post 11 of 72
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