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K Benjamin
by on September 21, 2020
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With the surge in the utilization of smartphones, mobile repair businesses are flourishing since people tend to drop their phones a lot. Even more, the recent outbreak of the pandemic COVID-19 has encouraged people to start getting their devices repaired rather than replacing them with the new phone. It wouldn’t be wrong to say that this is the right time to get into the repair business. 

However, it is important to consider the newness of this industry and the plethora of people who are interested in the services. So, it is important for one to know how these repair businesses can be started and flourished. In this article, we are sharing information about stating the right way of doing this business and exploring the options. So, let’s have a look!

Business Models

When it comes down to the cellphone repair businesses, there are usually two business model options available. The first one is obviously the storefront, while the second one is a mobile business. In the section below, we are sharing about both of them!

Storefronts

Whenever you want to brand your product or service, the storefront is the ultimate choice because it speaks about the legitimacy of your business. In some cases, the iPhone 6 screen repair Adelaide costs and the start-up costs might scare you. This is because the storefronts will be worth it since you can keep the inventory in place and work on different repair services at one time. For the people who have a huge capital for start-ups, using the storefront is a better choice.

Mobile Business

The mobile repair businesses are great for people who have lower capital without compromising the convenience of the customers. In addition, it becomes an appropriate paradigm for people who need to develop customer referrals and relationships with the clientele. However, you cannot handle different services or devices at once, which can reduce the profit margins. But the tipping point is that business owners will have higher control over their time. 

Capital Investments 

When you are stepping into the mobile phone repair businesses, the start-up costs will be limited. This is because you can start the business by repairing one iPhone screen, which will provide enough to fill up on the tools, and so on. As for the final capital investments, one needs to acknowledge that the costs will vary according to the business model they adopt. 

Parts Inventory 

While you are on the way of designing the mobile repair business, make sure that you have proper spare part inventory to cater to the initial demand of the target audience. The part inventory should be planned by outlining the availability. On average, it is better to have five to ten parts of the products that you intend to repair. 

Tools Inventory 

Once you have the right spare parts, you need to have basic tools, such as scissors, screwdrivers, adhesive tape, tweezers, and the spudgers. These are some prerequisites for the people who need to kickstart mobile repair services.

Topics: mobile phones
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