Computer Repair Business Startup Costs

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Computer Repair Business Startup Costs
By Bryce Whitty
Technibble.com

It is the dream of many computer technicians is to start their own computer repair business. This dream is a great one to go for but before starting a business, you will need to face the realities of the businesses startup costs. In this article I will cover some of the startup costs one can expect.

Getting Setup Legally
On the Technibble forums, we occasionally get questions about how to get a business set up legally like how to get the appropriate tax IDs or what items can be deducted on tax. The answer is nearly aways the same which is “Just get an accountant”. As much as the Technibble community likes to help other technicians, there is just no replacing the knowledge of a local accountant who knows the laws in your country and state. Having an accountant set you up legally should be one of the first things you do because you can then claim many of your other start up expenses as a tax write off for next year. Take this time to pick the accountants brain asking about what items you can claim as a business expense and what is the best way to keep things organised to make things easier at tax time. Getting an accountant to set you up will cost around $100 - $300 USD.

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Article By Bryce Whitty
Bryce Whitty is a Professional Computer Technician who started his business when he was 17 year old. Bryce writes Technibble articles about Business How-to's and stories from "the trenches".