We can see you are very excited and enthusiastic to open a cell phone repair shop. We are sure you would have planned everything carefully and are just waiting to go and get it all done. But pause for a second and ask yourself a couple of questions. Do you know the major costs a cell phone business has to bear? Do you have the list of the items in which you will be spending money every month? Can you manage your shop manually without a Repair Shop Software? If these questions made you question yourself if you are ready or not then let us help you through this. Here is the list of all the major costs you will be bearing in your cell your repair business:
Man Power Cost
A research shows every business spends around 16% or above in pay of their workers. Obviously when you are going to set up a business and you think of it to be the best one in the market then you got to have the best employees which will cost you a great deal. So better be ready to pay the best if you want to be the best.
Setting Up a Store
Having an awesome front door is important to attract customers. You need to have a perfect spot in your area to set up the shop where you can get most of the attention from the customers. You won’t like your store to be a congested space for customers as they don’t like it much. So, you would have to look for a shop which is good in size and have a perfect location.
Miscellaneous Spending
A shop is not all about accessories and items to sell. It is about some décor, cool couches, paper, markers, supplies, payrolls, coffee and some other miscellaneous stuff. And all of us know nothing comes without a price. Experts say you would have to spend approx 5% on your miscellaneous items to keep your business running smoothly.
Taxes
Here come the share of the government. Every business pays a specific tax to keep it going on every year and this tax keeps on adding every next year. Then good companies offer insurance to their employees as well so, you can add this to your cost lists too. Experts say depending on the income of your business this cost can go from 11% to 40%.
Make Some Noise
What good is a business that doesn’t make some noise in the market? Either big or small every business has to make use of marketing at some point or other. It not only grabs some customers for you but also helps you make a good reputation in the market. These marketing techniques include upgraded classified ad promotions, Google Adwords, Yelp, Facebook marketing, fliers and mailers. This all can cost you 1.5% of your income.
Point of Sale Software
If you think that you can manually manage all repairs, customers, technician, inventory, employees etc. and still earn lots of profit then your are definitely wrong. You would want to have a lot of customers coming into your shop for repair services, unlocking, accessories and more. And it will be a lot more difficult to manage all that manually than you can imagine. So, you need to have an extraordinary point of sale software which is tailored specifically for cell phone repair shops.
Fortunately, we have the perfect solution for you. RepairDesk can take care of all of your problems while you sit, relax and earn profit. Whether it be repair ticket, customers & invoicing, inventory or employee management, we have got you covered. Here’s another great thing. You can enjoy a free 14 day trial, without any credit card information. Signup now and say goodbye to manual repair ticket and inventory management.
Woof!! Looking at the above list of things doesn’t it sound that most of earning will be going in spending? Yes, there are high chances it can happen. But if you have good managing skills you can manage all your costs efficiently and make most out of this business.
Don’t worry in the end it will work so, JUST DIVE IN!
