The Best Ways to Do Market Research for Your Business Plan The very nature of the computing industry, with its extraordinary rate of technological development, creates a constant need for businesses skilled in updating and advising customers on computer-related issues.
To generate substantial market share so that PC Repair is a common name. Much of our diagnostic equipment is portable, and we will remove a PC to our workshop only when the problem requires more detailed diagnosis or repair.
Maintenance contracts yield a high gross margin for us, and provide peace of mind for the customer. We are treating this equipment as assets because we expect it to last at least three years, and to have some resale value when we are through with it; we will buy additional expensed equipment in years two and three.
While most computers are actually repaired in-store, near the customer, parts for the repair come from major manufacturers and distributors; delays in receiving necessary parts can significantly slow down the repair process. Both the software and hardware side of the computer industry continue to turn out new and revised computer components at alarming rates.
They do not offer any kind of pick-up and drop-off service, and do not offer on-site help. In the third month of our plan, we will move into a leased office space and hire a second technician. Backup and security are becoming higher priorities for all our potential customers, as internet usage and its pitfalls becomes more common, and as more and more daily records are stored electronically.
To meet the growing demand for this service, we will purchase a company vehicle in the third month. Our conservative sales forecasts, based on industry research within the local area, project hefty sales in year one, steadily increasing through year three.
This is the single biggest frustration Jack has seen among small business owners needing computer help. The Market The very nature of the computing industry, with its extraordinary rate of technological development, creates a constant need for businesses skilled in updating and advising customers on computer-related issues.
Home PC users with more sophisticated applications generally have enough tech savvy, from tech experience at work, to do their own repairs and upgrades. Their hardware needs will include the same items as home users, plus servers, backup systems, data storage, and wireless networking.
Home PC User Our home PC user market includes non-tech-savvy residents of the local area 15 mile radiusgenerally between the ages of 30 and 70, with at least one home computer.
Once we have broken in to the local market, our great service will turn new clients into permanent clients. There are two main competitors for the computer upgrade and repair business in this area: Constant growth in sales from start up through year three.
In town, the majority of potential customers are dissatisfied with existing options, creating an attractive niche for an innovative start-up.
They are in the best position to copy our innovations and steal customers, but their management is complacent and may not respond to competition. Their business use may include minor usage, such as updating a business website for a brick-and-mortar store, keeping the books, designing graphics or ad campaigns, and writing copy for press releases.
They are a well established provider of computer upgrades and services, and do quick work. We also need start-up inventory which includes RAM, spare hard drives, cables, and cases.
The owner, Jack Hacker, has 10 years of experience in the fields of technical support, networking, and computer training and repair. Our home PC users need help with managing their settings to integrate the different needs of all household members as much as they need technical assistance.
Market research indicates there is an abundance of business for a small company such as PC Repair. For our residential customers, we will offer a very affordable and helpful service with a very flexible schedule to meet their needs.
Large stores, especially the service departments of national chains, have a great advantage simply in their affiliation with an established brand.
Computer Repair Business Plan Executive Summary PC Repair will provide computer and technical consulting repairs, training, networking and upgrade service to local small businesses as well as home PC users.
By providing superior service, word of mouth alone will bring in many new clients. We will leverage this customer loyalty into great word of mouth marketing and steady growth.
Jack has also spent the last three years as the manager of a custom computer building and repair store, and understands the computer needs of small businesses. The majority of our marketing efforts will thus be focused on small business owners.
Our customers will receive the highest quality of customer service available. Our customers will always receive one-on-one personal attention at a very affordable price.
They are more willing to spend time with a client, figuring out exactly what his or her needs are, and suggesting new options than competitor A. PC Repair was initially formed as a sole proprietorship, but was reconfigured as an S Corporation in December of Our services will be second to no one and our prices will be very reasonable for the high quality service we offer.Calico Computer Consulting is a start-up sole proprietorship consulting business that provides technical assistance to local business, small office, and home office computer users.
Computer Consulting Business Plan Sample - Executive Summary | Bplans/5(35). Computer/Software Application Business: Example Business Plan. To help you get started we’ve created a business plan example for the computer/software application industry. Our example focuses on a company selling a software program to other businesses, but it will work as a framework if you’re selling a product/service directly to.
Company Description Mission statement History and Current status Goals and Objective 2. Products and Services Business Plan 2. Moses Obeng and the Peoples Person study Computer Science while Kofi Dwomoh-Ababio studies Computer Engineering. However, we are all students of MIT-AITI summer class.
These. Computers & Internet Computer Repair Business Plan. This sample business plan will guide you with regards to successfully starting your own computer repair business. This sample business plan is intended to provide you with a template that can be used as a reference for when you’re hard at work on your plan.
The company is a completely fictional organic denim and apparel company, however, we made sure the industry research was grounded in real world numbers as. See a full sample business plan to see all of the elements and how you should develop your own for your company.
Company Summary. AMT is a year-old computer reseller with sales of $7 million per year, declining margins, and market pressure.
Sample Business Plans for Budding Entrepreneurs.Download