Advice on Starting a Small Business
Last edited 20/09/2019 - 10:04
Hey everyone, got made redundant yesterday as the place I'm currently working for is closing down so was looking at starting my own small pc shop and maybe selling on ebay (hopefully like techfast, don't wanna be greedy just wanna afford things) , there's currently a little garage room to lease for 200$ pw (9500k a year) and it's around the corner from a school but it's down the side of another store, I'm only 20 and will be working by myself and I'm very scared moving forward,I already have some cheap pcs I can put together and sell for about 40-50$ each and a few boxes of keyboard and mice that I all got on the cheap a while back ($40 for everything+ the old pcs), I can build and repair pcs (physically & digitally) but I can't setup websites or Internet or do much programming so this is I will be paid out 10k by my employer in my last week so was just wondering if you guys could give me some advice.
First question, what do I need to open the business? I can get the building and all but how do I get a business license, register a name and pay my tax?
Second question do you guys think I can make a living just building and repairing pcs or should I try and expand and try and learn Web designing and other things?
Third question I'm really scared about not getting customers and going bankrupt so what's a good way to advertise and get work? Also the fact that I'll only have a small garage down the side of an alley with no store front. Would I be able to go advertise cheap pcs at the nearby school and get my name out with word of mouth or would I be better off finding a more expensive shop with a store front?
Really appreciate any advice and help guys as I'm really lost at the moment and worried at the moment, I do have a cert 3 in IT engineering if its needed to open up.
Edit: also would like to learn to setup businessess and provide pcs & mobile support if you guys could tell me how to go about it, thank you