How to Start an Iphone Repair Company

DeviceTrade How to cash in ones chips an iPhone/iPod localisation shop. DeviceTrade iPhone/iPod Repair On fairish 4. 5 one million million million iPhone 3G and 3GSs glass screens break every year. In the past the merely options were to take the phone to Apple ($200 to repair), take it to a laid-back-risk repair shop ($80 to repair) or do a send off in repair service and be without a phone for 3-5 days. A new trend of home base iPhone repair argumentationes are right off emerging and becoming extremely successful. The factors that contribute to their success are topical anesthetic Within 10 miles of customers Fast Repairs done in under 15 min Inexpensive On middling charging $40 $60How to send-off a iPhone/iPod repair shop DeviceTrade Start-up After you pose decided that you want to start an iPhone repair business the first step is to learn the repairs. It is easiest to do this by buying a broken iPhone so that you can practice on it and not worry about breaking one of your customers phones. This also gives you more time to get comforterable opening the phone up and data track(a) with the tiny components. Now that you ready mastered the skills of the trade you can start out to determine how you are waiver to run your business.Things like where are you going to get replacement parts, how you are going to market, and where you actu all toldy want this business to take place. thither are a growing number of multitude operating home based iPhone repair businesses and simply set up shop at home. This model plays well because it helps to keep be down on all fronts and you can work form the comfort of your home. Even if you do plan to open a store eventually, starting signal out of your home and getting a feel for the demand in your market is always a good idea. If you do decide to work rom home it is important to check local laws about running a business from your home and make sure that you are in compliance. How to start a iPhone/iP od repair shop DeviceTrade Which iPhone repair makes the most gold? The iPhones front and back glass screen is very susceptible to drops and accounts for 80% of the broken iPhones out there. The rest of the repairs consist of water damage, charging port, speakers etc. The great thing about the front glass screen on the iPhone 4 & 4S is that a replacement screen can cost under $20.This leaves a profit margin of $20 $40 per repair which takes on average 10 minutes. The business or repairing balmy iPhone screens alone is more than a $200 million dollar business, based on the average monetary value of $50 per repair. How to start a iPhone/iPod repair shop DeviceTrade Inventory Your pedigree level should grow as your sales grow. However, it is prudent to start small, keeping scrutinize at a realistic level. For instance keeping copious parts on hand to last you at least 5 7 days is a good measure.This way you allow have enough time to order more parts and account for raptus ti me. It is always good to carry a little more inventory than necessary so that you are never out of parts if you have an un-particularly busy day. Another big factor when buying parts is the character. on that point are dozens of parts suppliers out there and not all parts are created the same. For instance, the iPhone 4 screen has four different quality levels that are all marketed as the same part by online suppliers. You will never know which quality you get until they are shipped to you.There is also the interview of using a US or Chinese supplier. It is recommended to start with a US supplier and then based on your own individual(prenominal) risk tolerance, and time you are able to wait for shipping approximate other options. How to start a iPhone/iPod repair shop DeviceTrade determine Pricing your repair services is a challenging proposition. Setting your harm overly low and you run the risk of undermining your profits. While if you set your prices too high you can run the risk of losing customers to competitors.One important thing to take into considerateness is your competition and what prices they are charging. You can find them by doing an online search of Your metropolis iPhone Repair and this should bring up your major local competitors. The one price point that is universal is Apple who charges $200 to repair a cracked screen. It is not always beneficial to undercut your competition, but in a home based iPhone repair business it is usually pretty credible since you are cutting costs on having a storefront.Setting your price is pretty straight forward only remember to account for the replacement parts, labor, advertising, and both(prenominal) other expenses that you incur. The typical profit margin for most repairs is $40 $60. How to start a iPhone/iPod repair shop DeviceTrade Income Potential Opportunities in the home based iPhone repair business market are growing exponentially. Your income potential depends on how hard you work and marketing your business because if you live in any city or suburb then the market is thereThere are dozens of iPhone repair businesses started by United iPhone Repair, some mount time and some part time. The part time businesses, people just repairing phones in the evening, are able to bring in on average 3 iPhone repairs per day which equates to $37,500 in revenue per year or $30,000 in profit. While the full time businesses can bring in 5 10 phones per day and generate revenues over $100,000 annually. How to start a iPhone/iPod repair shop