mail-box-lead-generation

written by Khatabook | February 11, 2022

How To Open a Mobile Repairing Shop?

×

Table of Content


The mobile phone market in India (and in the rest of the world) is rapidly expanding, which means that there are a large number of cell phone users in every city, town, and even rural areas. Smartphones are becoming more popular as access to the internet, and social media becomes more widespread. 

When mobile phones first became available, people would buy a new one only when their old one broke. On the other hand, people today would rather have their smartphones repaired than replaced. Perhaps it's because smartphones are becoming more expensive and sophisticated. Every day, mobile phones become more technologically advanced. Isn't it possible that people will run into software and hardware issues that they can't fix on their own, given the number of phones and features available? Certainly! All of these factors contribute to a favorable business environment for mobile repairing shops. A mobile phone repair business's primary focus is repairing broken or damaged mobile phones and tablets.

Did you know? With over 1.1 billion subscribers as of the end of 2020, India's telecommunications market is the world's second-largest.

Business plan for Mobile Repairing Business

A mobile repair business requires extensive research and planning before it can begin operations. Here is the step-by-step plan to open a mobile repair business in India: 

1. Learn and get certified

As a first step in fixing smartphones, you will need a thorough understanding of mobile repairing techniques. You'll also need to know everything there is to know about a phone's internals. To learn as much as possible about mobile repair, taking a mobile repair course is the best option.

Several schools offer classes on how to repair mobile phones systematically. The classes teach students how to diagnose common problems with mobiles, as well as how to repair or replace faulty components.

2. Estimate the investment required

A home-based cell phone repair business requires little start-up capital, as the majority of your expenses will be for supplies, marketing, tools and equipment, and furniture. The initial investment can be between ₹1-2 lakhs. As a qualified technician, you can assume responsibility for all repairs. Begin by stocking a small number of common model-specific parts before gradually expanding your inventory. 

Estimate additional costs based on the business model you choose. The main components of investment are space/shop (rental/leased), furniture, spare parts, equipment & tools, Employeees, and promotion of the business (both online and offline channels).

Between ₹5 and 10 lakhs may be needed to open a 200-square-foot shop in a neighbourhood. People who want to open the store in a shopping mall or other big business centers will have to spend more money. You must prepare for a wide range of hardware and software issues that customers may come up with. The number of services you want to provide, such as selling mobile accessories, phone recharging, and so on, is also determined by your investment budget. 

3. Choose an ideal location

The location of a mobile phone repair shop or business is one of the most important factors in its success. You need a location that attracts new customers and makes it easy for them to get in and out of the store. The shop must be easily accessible to your customers. It should ideally be located in a place that is accessible to both residential and commercial customers. 

Providing good quality customer service is a surefire way to build a loyal customer base. If you open your business in a residential area, providing good service will result in positive word of mouth, which will help in rapid business growth.

Also Read: Complete Guide On Starting Your Own Mobile Shop 

4. Get required licenses

To operate a mobile repairing business in India, you will need to obtain all the necessary permits and licenses.

  • Shop act license that permits you to run a shop
  • Registration of the company, either as a sole proprietorship, limited liability partnership or a Pvt Ltd.
  • A company bank account 
  • Register for a trademark if you want to have a brand name for your business
  • GST registration is required and GST number must be there on all your bills. 

5. Employ an expert technician

In the beginning, it makes financial sense to keep costs low, but a proper service facility requires at least a few technicians. When hiring a technician for your business, it is critical to consider factors such as the person’s familiarity with a variety of models and their previous experience working directly with customers.

It is preferable to work alone when starting a business. You can, however, hire an expert technician once your business is established, and you begin to receive a steady flow of work. This will also boost your business’s productivity.

6. Inventory and other systems

To help your mobile repairing business succeed, spare parts are essential. Investing in software to scientifically manage stocks makes sense when you consider how many items are involved. An efficient labeling system for the physical stock will make it easier to find what you need.

Invoicing, accounts, and receipts should be managed using suitable software. Your reputation and image will benefit as well as your workload.

7. Equipment and furniture:

Tools and equipment for testing and quality control are investments that must be made with the help of experts. The shop's furniture and layout should be designed to make working and dealing with customers easier.

8. Advertise and promote your business

If you want to build a customer base, you'll need to promote your mobile phone repair business. Analyse your competitors' strategies and come up with a better marketing plan than they have.

You can use a variety of offline and online marketing strategies to accomplish this goal. Offline methods, such as posters, handbills, and so on, can be used to promote your business. Publicize your mobile repair shop on the web by using well-known platforms like Facebook, Google, UrbanClap and JustDial.

For announcing new products and engaging with potential customers, you need to be active on social media. Investing in marketing from the start is now considered a necessity and should be treated as such. Small businesses must take advantage of digital marketing to build a strong brand identity for their establishment while also keeping costs low.

9. Build On Your Strengths

Getting a business off the ground isn't enough. You need to keep an eye on your business's performance. You must ascertain the advantages and disadvantages of your business. Examine whether or not all of the pieces are in place. You must identify the parts of your business that are bringing in revenue and the parts costing you money to make necessary adjustments. For a successful and steady start to your business, you will need to put in extra effort in the beginning.

Tips for the growth of Mobile Repair Business 

You should now have a good idea of how to begin a mobile repairing business. Let's take a closer look at a few helpful hints for ensuring the business's success.

1. Focus on quality

Only a happy customer will return and recommend your business to others. The skill of your technical hands and the spares used all should be of high quality. Time (of service) is an important factor for the client, and you must pay close attention to it.

2. Build trust

It takes time to build trust, but the process must get started as soon as possible. Make the customers aware of your policy on confidentiality.  A by-line can be added to your invoices to ensure customers know about the safety of their data when having their phones serviced.  

Another important factor in building trust is sticking to a delivery schedule. There are times when politely declining the job is the best course of action, such as when parts aren't readily available, or you're unfamiliar with the model in question.

3. Additional revenue items

  • Support services: A lot of people are confused with the variety of smartphone features available today. You can start a business advising people on how to get the most out of their phones. You can assist them in locating and downloading useful apps and shortcuts for social media use. In particular, this service will come in handy for the elderly.  Sales of mobile devices over the internet are on the rise, thanks to expanding e-commerce. As a support associate for some of the most popular brands in your area, you can assist customers with their first-time use and setup.
  • Selling other items: Offering mobile phone accessories, such as covers and cases, earphones, phone chargers, storage devices, and other such items can help you grow your revenue.

Also Read: Essential Steps to know when starting mobile case business 

Conclusion

How much value you add to your customers' lives is the key to your mobile repair business's success. What matters most is the quality of your service and customer relations, so it is up to you to decide how many stories to build. Because smartphone usage is increasing, mobile repair technicians have a promising future. A mobile repair business, if run correctly, can be very lucrative and bring in a lot of cash. However, to become a reputable business, it is necessary to offer high-quality spare parts and services. Customers can be asked for their feedback on your services to help you improve even more. This will help you better understand what customers think of your products and services. That way, you'll be able to make plans based on the needs of your products or services. You can also give out special discounts or gifts on various occasions throughout the year.

Follow Khatabook for the latest updates, news blogs, and articles related to micro, small and medium businesses (MSMEs), business tips, income tax, GST, salary, and accounting.

FAQs

Q: Should you start a mobile repair business now?

Ans:

The mobile repair business is promising and could earn good profits. If you run it professionally, you could make a lot of money. The best thing about this business is that you can start it with a small investment, even if you don't have any previous experience in the field.

Q: How can you make the mobile repairing business more profitable?

Ans:

Many mobile repair businesses have expanded to include repairs for a wide range of other electronic devices. Repairing video game consoles and digital audio workstations may be a good fit for your business. Third-party service providers allow you to offer phone and data plans to your customers.

Q: Can a mobile repair business be profitable?

Ans:

It all depends on the quality of service, the shop's reputation, and the shop's overheads. However, a multi-brand repair shop in a city location is certain to make a decent profit.

Q: Will it help my mobile repair business to sell refurbished phones?

Ans:

You may get some extra business from selling used phones, but you'll have a hard time selling new phones or even new accessories in the long run because your customers will associate you with a used phone seller.

Q: How do I benefit from investing in computer software for my mobile repair shop?

Ans:

There are many advantages of using software apps for a mobile repair shop

  • Easy inventory management
  • Accounting software for keeping track of supplier’s payments and outstanding payments is any.
  • Easy and fast billing
  • GST filing 
  • Automated customer records 

Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
×
mail-box-lead-generation
Get Started
Access Tally data on Your Mobile
Error: Invalid Phone Number

Are you a licensed Tally user?

Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.