20 Pieces of Bite-Sized Advice

Just about every day I hand out little tidbits of business advice. It might be on the Technibble forums, a podcast or even in person. Here are some of my core pieces of advice for this industry in small, easy to chew, bite-sized chunks.
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Selling Your Business: How to Increase Its Value Right Now

When you are first starting your business, one of the last things you will probably be thinking about is how you are going to exit your business.
However, this something that needs to be considered early on in your businesses life. Do you plan to sell the business and retire at 60 so you can live out the rest of your days playing golf? or do you plan to build the business up over the next few years and sell it for a healthy profit?
Whatever you do, you need to plan your exit strategy now because what you do in the present can greatly increase the value of your business in the future.
So, what can you do now to increase the value of your business?
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Before You Go Out On Your Own – Conflicts of Interest

There are two pieces of advice that are often mentioned here on Technibble. They are:

1. It is a good idea to get experience while working from someone else before you start your business.

2. It is a good idea to build up your client base after hours, until it reaches a point where your day job is affecting your computer repair business. That way, it’s a soft slide into the shallow end rather than a jump into the deep end.

Stand alone, each of these lines are good advice. However, they not good advice if you were to do both of these at the same time. Let me explain.
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How To Compete With Bigbox Stores

Most computer technicians living in a decent sized city have big box computer store of some kind near them. The definition of a “big box computer store” is a company that sells computers and has many large stores across the country. Many stores like this that often stock computers with decent specifications for as low as $400. To make matters worse, some of these stores that used to only sell computers have now expanded into fixing them as well.

So, how can you compete with the big box stores?
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Computer Business Kit


The Computer Business Kit is a collection of sample business forms and documents that are needed in the computer business. The Computer Business Kit Contains:
  • Maintenance Contract
  • Backup Checklist
  • Work Order Samples
  • Invoice Samples
..and much more.
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Accepting Credit Cards

Guest Post by Justin. Justin is a small business owner and computer technician with Protocol16, supporting small and mid-sized businesses as well as consumers in the metro area of Portland, Oregon.

Many technicians that are just starting out would love to accept credit cards, but the idea of accepting them right from the start is daunting. While starting up my personal business, I ended up deciding to take credit cards right from the start, but I learned a lot along the way.
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Your Best Piece of Advice For a New Computer Business

If you have been reading Technibble for any length of time, you already know what advice I have to offer a new computer business. So, for this post I would like to draw upon the experiences of the Technibble community.

What is the single, best piece of advice you could offer someone starting a new computer business?

As always, you dont need to sign up to leave a comment and you can even post anonymously if you like.
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Business and Life Lessons That Helped Me Become Successful

In this article, I would like to share with you a series of business and life lessons that I have learned over the years that I believe have helped me become successful in this business.
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Top 7 Beginner Mistakes for New Computer Businesses

There are a handful of common beginner mistakes I often see in this business. A single one of these top 7 beginner mistakes can completely cripple a new business, yet I have found businesses that are actually making a few of these mistakes at the same time. I would like to share with you the top 7 beginner mistakes I have found:
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Making the Jump to Self Employment

There has recently been an increase in the amount of technicians joining our forum and talking about making the jump from a 9 to 5 job to becoming self employed.
Perhaps the company they were working for is downsizing and they preparing for the worst or they have already been laid off. Whatever the cause I want to make sure that any soon-to-be technicians are prepared for the jump.
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Answers to Questions About The Computer Business

A few days ago I asked the Technibble readers to ask me a question about the computer business. Here are the answers:
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