Cell phones are expected. Lower investment For a full-fledged service center, you will need a lot more capital for furniture, electricity, shop lease, staff, etc. Revenues:Exceeding $13.6 billion in 2001. Get this complete sample business plan as a free text document. No matter the size of the business, a business plan is a highly required document for business survival and growth. Skill is the most important aspect of this business. A cell phone store business plan should include all of the above information. Because of the importance of this document, when applying for loans, it is a major requirement. Blue Skye cellphone Repair Company is interested in making available cell phone repair services very affordable and available to residents of Detroit and other parts of the United States. We own a facility in the heart of Detroit and have the aim of becoming one of the most successful phone repair companies in Detroit of all time.eval(ez_write_tag([[300,250],'startupback_com-leader-1','ezslot_5',149,'0','0'])); Blue Skye phone Repair Company is owned by a James Blacky, a former engineer at Apple. This is very crucial to any meaningful business venture. The man who helped us was very nice said they'd fix it and quoted me an hour i came back and it was ready. In the world today everyone has a cell phone. [This sample business plan is based on one from several years ago, valid then, and still useful as an illustration of what a business plan contains and what issues it covers. The right network of professionals determines who gets what contract to repair, maintain and supply cell phones. One vital ingredient that is needed to survive in this business and that should not be swept under the carpet is networking. The opening of the business is in conjunction with the completion of the Cherry Grove Shopping Center. Our target market includes individuals from all walks of life. Pay-per-use roaming rates will apply for such devices and plans. On an average a medium sized repair shop would demand an investment of 2 lakh INR with least facilities. The camera also has a couple of neat accessories including an external flash that pops into an accessory port and a miniature printer that will print out pictures. Garbles Cellular Phones is aiming to gather a share of the market from these three. This article offers tips for people that are interested in starting up a cell phone repair company. We have carefully devised some strategies that will help us make good and quick sales in this business. There are also a host of chains and franchise stores popping up around the country like: CPR – Cell Phone […] Garbles Cellular’s mission is to offer its customers the highest quality cell phone products and services. We intend to iron out kinks in our start-up and get things off the ground in year 1. He will also invest an additional $53,000 when operation takes off. These games are much more complex and require streaming data to access. Learn the Skills & Get Certified. Entrepreneur Quiz: Do You Have What It Takes to Succeed? Easily write a business plan, secure funding, and gain insights. Java application games are delivered via the network to the customer’s phone and there is a charge for this service. In starting a cell … The location of this type of business can be the difference between profits and losses. Thus, you will be cutting down on expenditure to a great extent. Investment required in cell phone repair business Investment totally depends on the factors of production such as location, labour, electricity, tools etc . Many cell phone repair kits are available, but each cell phone requires different types and number of tools. It is not valid for information purposes today.]. Target Marketeval(ez_write_tag([[250,250],'startupback_com-large-mobile-banner-1','ezslot_14',151,'0','0']));eval(ez_write_tag([[250,250],'startupback_com-large-mobile-banner-1','ezslot_15',151,'0','1'])); After carrying out our research, we have come to discover that getting our potential clients to patronize us will be very easy with the right communication skills. How to Write a Business Plan in Under an Hour, This is How to Build Remote Work into Your Startup Business Plan, How to Write a Business Plan for a SaaS Company, See more articles in Writing a Business Plan », How to Make Your Business Plan Standout for Investors, How to Successfully Pitch Your Business Idea to Investors, The 11 Slides You Need to Have in Your Pitch Deck for 2020, See more articles in Pitching a Business », How Your Digital Marketing Strategy Can Help Your Business Get Funding, How to Build Credit 101 for Small Business Owners. Just choose a business plan template and download it. We aim at competing favorably in this business by being able to meet strict deadlines and work closely with our team of engineers. Established in 2011, CPR Cell Phone Repair Clearwater is a local electronics repair shop specializing in the repair of iPhone, Mac, Samsung, iPad, and computers. We will be getting $96,000 to start up . Open it in Word or Excel (or another program that can display the DOC or XLS format), edit it, and print your personalized business plan. The cell phone repair industry has exploded over the past five years. To have a basic repair kit, it would cost you about $50. You are your own boss When you start your business at home, you can choose flexible working hours, unlike a conventional store. Also includes out-of-the-box thinking about business concept enhancements that will produce multiple revenue streams and reduce business risk for this specific type of business. How to Mitigate Risk With a Risk Burndown, 5 Online Business Courses to Consider Taking in 2021, See more articles in Managing a Business ». This document will help in measuring business growth and progress achieved. This free business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. If you continue to use this site we will assume that you are happy with it. shops continue to offer the very latest in mobile communication technology. Financial Planeval(ez_write_tag([[336,280],'startupback_com-large-mobile-banner-2','ezslot_16',152,'0','0'])); To get this business started, we will need at least $50,000. Repairs need to be carried out on phones due to either prolonged usage which results in some parts of the phone becoming old and needing replacement or servicing, or faults from the source of manufacture, resulting in the phone either being shipped back to the manufacturer (covered by the warranty agreement) or being fixed by a local phone technician. Do you ever think about starting a mobile accessory shop as a business […] We will make a minor profit in year 2. Through the Company’s cell phone dealership, the retail location will offer customers an expansive number of cell phones, service plans, and … Whether you are in need of a screen replacement, water damage repair, or data recovery, you can depend on the expert technicians of CPR Cell Phone Repair Clearwater. The remaining amounts that are needed to start this business will be sourced from the bank. Wireless Phone Service Subscribers: Cellular voice, messaging and high-speed wireless data services to more than 8 million customers. Users can send regular Short-Message Service (SMS) or email on their phones. If there is market for phone repairs, your profitability is potentially very high. LBNPC plans to extend the product offering to include custom wooden pens to complement stationery and embroidered items to complement screen printed items. Once this requirement is met, then the other procedures are carried out, eventually leading to the launch of the cell phone repair business. 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