BusinessHABOnline Computer Upgrading Service: This is another home-based business that has very great potential for profit.
It involves upgrading computer systems.
And its components to make the computer faster and to carry more workload.
Very few businesses are in this sector, thus making it a very attractive one.
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1. Online Computer Upgrading Service
Though it requires a great deal of technical know-how.
But that is all that is needed to start this business.
The business involves changing computer hard-drives, installing more memory, etc.
area that brings greater profit in this business is the upgrading of business computers.
Once you have established yourself in this business, it is profit all the way.
2. Online Computer Upgrading Service
If you’re ready to be in charge of your own destiny.
But don’t have the capital to buy a franchise or open up a storefront.
Consider starting an online business.
When your store is online, you can reach millions of customers instead of whoever happens to wander in – plus.
You don’t have to pay for retail space.
However, like with any business, you’ll need an excellent product and a solid marketing plan.
See Steps to learn what it takes to start your business online.
See also:37 Top Online Cosmetics Business Promotion tips
3. Online Computer Upgrading Service
Starting a small business is without a doubt a large undertaking.
But it is fortunately something that can be attained by anybody with a good idea.
A strong work ethic, and a good set of resources.
Starting a business involves thinking of a business concept.
Writing a business plan, understanding the financial side, and finally marketing and launching.
Online Computer Upgrading Service
4. Create a business plan.
Read on: 36 Online Skin Care Products Promotion Tips
Online Computer Upgrading Service
5. Write your business description.
Describe your business more specifically, and how it fits into the market in general.
If you are a corporation, LLC, or sole proprietorship, state that, and why you chose to go that route.
Describe your product, its big features, and why people will want it.
Answer the following questions:
- Who are potential customers? Once you understand who they are and what they want, come up with a marketing strategy.
- What price are they willing to pay for your product or service? Why would they pay for your product or service over your competitor’s?
- Who are your competitors? Do a competitive analysis to identify key competitors. Find out who is doing something similar to what you are planning, and how have they been successful. Just as important is to find the failures, and what made their venture fall apart.
Online Computer Upgrading Service
6. Write an operational plan.
This will describe how you will produce or deliver your product or service and all costs.
- How will you create your product? Is it a service that you are offering, or if it’s more complex— software, a physical product like a toy or a toaster — how will it get built? Define the process, from sourcing raw materials to assembly to completion, packaging, warehousing, and shipping. Will you need additional people? Will there be unions involved? All of these things must be taken into account.
- Who will lead, and who will follow? Define your organization, from the receptionist up to the CEO, and what part each plays in both function and financials. Knowing your organizational structure will better help you plan your operating costs, and fine-tune how much capital you will need to function effectively.
- Getting feedback. Friends and family make great resources for asking questions and getting feedback––don’t hesitate to use them as your sounding board.
- Needing to increase the size of your premises. This happens more often than expected. Once the stock starts piling up, you may find it ends up in your living room, bedroom and the garden shed. Think rental of storage premises if needed.
Read on: Top 46 Online Body Care Promotion Tips
7. Define your goals.
Online Computer Upgrading Service
8. Choose an idea.(Online Computer Upgrading Service)
It might be a product you’ve always wanted to make, or a service you feel people need.
It might even be something people don’t know they need yet, because it hasn’t been invented!
- It can be helpful to have people who are bright and creative join you for a casual brainstorming session. Start with a simple question like: “What shall we do?” The idea is not to create a business plan, just to generate potential ideas. Many of the ideas will be duds, and there will be quite a few ordinary ones, but a few may emerge that have real potential.
Read on: 16 Tips to Start Online Female Business Goods
Online Computer Upgrading Service
9. Consider your talents, experience, and knowledge when selecting a concept.
If you have a particular skill set or talent, consider how these resources can be applied to meeting some sort of market demand.
Combining skill and knowledge with a market demand increases your odds of having a successful business idea.
- For example, you may have worked with electronics as an employee for many years.
- You may have noticed a demand in your community for a particular form of electrical work, and combining your experience with the market demand can allow you to attract customers.
10. Secure start-up costs.
Most businesses require capital to start.
Money is typically required to purchase supplies and equipment, as well as keep the business operational for the period before your business becomes profitable.
The first place to look for financing is yourself.
- Do you have investments or savings? If so, consider using a portion to fund your business. You should never invest all your savings into a business due to the risk of failure. In addition, you should never invest money put aside for emergency savings (experts recommend having three to six months of income put aside for this purpose), or money you will need over the next few years for various obligations.
Read also: Top 40 Online Handmade Goods Promotion Tips in Nigeria
11. Consider a home equity loan.
If you have a home, looking to get a home equity loan can be a wise idea.
Since these loans are typically easily approved (since your home acts as collateral).
And interest rates are typically lower.
- If you have a 401(k) plan through your employer, consider borrowing against the plan.
- Plans typically allow you to borrow against 50% of your account balance up to a maximum of $50,000.
- Consider saving ahead as another option. If you have a job, save a portion of your monthly income over time to cover your start-up costs.
- Visit a bank to inquire about small business loans or lines of credit. When doing this, always visit many providers to ensure you are getting the best rate.
Online Computer Upgrading Service
12. Define your product or service.
Starting an online business gives you the benefit of having access to millions of customers.
But you also have a lot more competition.
No matter what you’re trying to sell, you can bet that hundreds more online retailers have a similar idea.
What differentiates your product from other similar products?
To help your product stand apart from the rest, you’ll need to find a niche.
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13. Online Computer Upgrading Service
Let’s say you make jewellery—but so do a few million other people.
What makes yours different? If one-of-a-kind jewellery (or another product) is your gig, make sure it’s truly original.
- Offer expertise in an area. Even if the product itself isn’t very unique, your expertise might be a strong selling point. If you’re selling a line of skincare products, for example, it helps if you have a degree in a field related to skin health.
- Check into the competition. Figure out what isn’t already being offered, and find a way to fill the hole with your product.
Online Computer Upgrading Service
14. Create a working name.
You could even do this before you have an idea for the business.
And if the name is good, you may find it helps you define your business idea.
As your plan grows, and things begin to take shape, the perfect name may come to you.
But don’t let that hinder you in the early phases.
Create a name that you can use while you plan and don’t hesitate to change it later.
- Always check to see if the name is being used by somebody else before selecting it.
- Try to create a name that is simple and memorable.
- Think of popular brand names like “Apple”. These names are memorable, simple, and easy to pronounce.
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15. Register your business.
Your business needs to be registered according to your state’s laws.
Choose an official business name and fill out the appropriate paperwork to make your business official.
- Before you register your business, it can help to have a business plan laid out.
- Consider your production costs, shipping costs, taxes, and web hosting fees.
- Know the business regulations in your state, and be sure to comply when you get things up and running.
16. Register a domain name.
Like the name of any other business, go for something short.
And catchy that will be easy for people to remember.
Visit the website of a domain registration company.
And test out some of the names you’re interested in to determine whether they’re available.
Once you land on a good name, go ahead and register it.
Read on: Top 50 Young Ladies Business During Lockdown in Nigeria
Online Computer Upgrading Service
17. Get a web hosting service.
There are free hosting services to be found.
But if you’re serious about running an online business long term.
Consider paying for one that offers all the services you need.
You’ll be less likely to run into problems when your business starts to take off.
Choose a hosting service that allows for growth.
- Some hosting services are highly structured, allowing you to choose from among different templates to create a website quite easily.
- Others allow you to do your own programming, giving you greater flexibility.
Online Computer Upgrading Service
18. Create a stylish and functional website.
Elegant or funky, classical or hipster, your online store should reflect what you’re selling.
No matter what your style is, it’s important to give off a professional air.
Since you won’t be able to earn people’s trust in person, your website will have to do the selling for you.
Your site should be engaging, and most importantly.
Easy for customers to use when they’re ready to make a purchase
19. Online Computer Upgrading Service
Make sure your site design matches your product.
For example, if you make traditionally styled diamond jewelry.
Having a website that looks like shredded cardboard with edgy fonts and images taped to the cardboard would tend to drive away your potential customers.
See also: 10 Reasons for Starting Mango farming Business in Nigeria
Online Computer Upgrading Service
20. Consider setting up an online portfolio.
Whether you are a programmer who specializes in Javascript, a graphic designer who works on commissions, a plumber who is on call 24/7.
Or a copywriter who will write about anything at all.
Having an exemplary website where potential clients can evaluate your work is crucial to your online business success.
- You don’t have to design the website yourself—there are professional designers who are more than up to the task, plus ecommerce websites will offer dozens of appropriate templates for you. If you know in advance what you want, you’ll make selecting a designer or a template that much easier.
- When designing your site you need to remember to focus on what is important. Your ultimate goal is to make your site simple and easy to use.
- Your customers should have to make no more than 2 clicks in order to land on the page where they can make a purchase.
- The top of every page should have a link to your shopping cart if its an ecommerce store
- Buttons should be large and clear to read and input boxes should be large and easy to enter your information
- Less is more. Don’t be wordy when you don’t need to on payment pages
- Make sure your logo at the top of the page always links to the homepage
- If you have dark backgrounds use light text and vice versa.
Read on:22 Tips to Open Frozen Yogurt Kiosk Near Schools in Nigeria
21. Get ecommerce software.
You’ll need this so your customers can view your products.
Enter their information and make a secure purchase.
The software safely stores customer information.
Don’t skimp in this area, since the ecommerce software you choose will make a big difference in how easy it is for customers to feel secure buying something from your store.
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22. Online Computer Upgrading Service
You can also use an all-inclusive ecommerce web service.
Sites such as Shopify and Volusion offer competitive packages.
With free templates, custom packages, credit card processing, and more.
Ecommerce web services makes it easy to sell your products on the web, without a lot of overhead.
There are no custom interfaces or templates to work with.
You simply create an online store within the framework of the service.
23. Set up a merchant account.
Service businesses in the past had to generally rely on cash or check—setting up an entire credit card processing system was a thankless, expensive task at best.
Using a service such as PayPal makes it possible to accept virtually any form of credit or debit card for your services, and includes dispute resolution should the need arise (and it will arise).
Read on:17 Tips to Create Business in Nigerian College Premises
24. Define your team.
Will you do this alone, or will you bring in one or two trusted friends to join you?
This brings a lot of synergy to the table, as people bounce ideas off each other.
Two people together can often create something that is greater than the sum of the two separate parts.
- Think of some of the biggest success stories in recent times, such as John Lennon and Paul McCartney; Bill Gates and Paul Allen; Steve Jobs and Steve Wozniak; and Larry Page and Sergey Brin. In every case, the partnership brought out the best in both sides of the equation.
- Think about the areas that you are either weak in, or have little knowledge of. Finding partners compatible with your personality who can fill in your knowledge or skill gaps is an excellent way to ensure your business has the resources you need to succeed.
25. Choose your partners wisely.
When choosing the person or people you’re going to build the business with, be careful.
Even if someone is your best friend, it doesn’t mean that you will partner well in a business operation.
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26. Start it with a reliable person.
Things to consider when choosing your co-leaders and support cast include:
- Does the other person complement your weaknesses? Or do both of you bring only one set of the same skills to the table? If the latter, be wary as you can have too many people doing the same thing while other things are left unattended.
- Do you see eye to eye on the big picture? Arguments about the details are a given, and are important for getting things right. But not seeing eye to eye on the big picture, the real purpose of your business, can cause a reaction that may be irreparable. Be sure your team cares about them and buys into the purpose as much as you do.
- If interviewing people, do some reading on how to spot real talent beyond the certifications, degrees or lack thereof. The area an individual is educated in is not necessarily the area they are most talented in. An interviewee may have a background in accounting for example, but their experience and your assessment of them indicates they may be a better fit helping with marketing.
27. Be social.
Whatever your business, whatever your venue, keeping your name in the air is key to internet success.
Have a business account on Facebook, Twitter, and LinkedIn.
If your business is graphically oriented, have accounts on Flickr and Tumblr as well.
Whenever there is news of any kind—a new contract, a new page, a new entry, a new photo—cross-post it to all your social media sites.
Also make sure those sites link back to your main website, and that your website has links to all of them.
Read on: 11 Tips to Start Airport Administrative Business in Akwa Ibom State
Online Computer Upgrading Service
28. Become an affiliate marketer.
There are many companies and webmasters who use affiliate programs to boost their online sales, and most of these affiliate programs are free to join.
When you sign up for an affiliate program, an affiliate link with a unique affiliate ID will be assigned to you.
The affiliate link is used for marketing the products of your merchant.
When a visitor buys an item through your affiliate link, you earn affiliate commission.
- For example, if you are an affiliate marketer for Musician’s Friend, an online musical instrument retailer, you can advertise their products on your site. If a person visits your site, and clicks on the link that takes them to the Musician’s Friend website, and they purchase an instrument within a certain amount of time (24 hours or more, typically), you get a commission on the sale.
Online Computer Upgrading Service
29. Develop your service.
Once you have the business all planned, financed, and have your basic level of staffing, get going.
Whether that’s sitting down with the engineers and getting the software coded and tested, or getting materials sourced and shipped to your fabrication room (aka “garage”), or purchasing in bulk and marking up the price, the building process is the time during which you prepare for market.
During this time, you may discover things such as:
- Needing to tweak the ideas. Perhaps the product needs to be a different color, texture or size. Maybe your services need to be broader, narrower or more detailed. This is the time to attend to anything that crops up during your testing and development phases. You’ll know innately when something needs tweaking to make it better or to make it less like a competitor’s stale offerings.
See also:11 Tips to Become Airline Flight Dispatcher in Nigeria
30. Decide how to accept payment.
You will need to do something to get payment from your clients or customers.
You can get something like a Square, which is great for small businesses since it requires the minimum amount of paperwork and the fees are minimal.
However, if you feel uncomfortable with technology.
You can inquire about a more traditional merchant account.
- A merchant account is a contract under which an acquiring bank extends a line of credit to a merchant, who wishes to accept payment card transactions of a particular card association brand. Previously, without such a contract, one could not accept payments by any of the major credit card brands. However, the Square has changed that, so don’t feel locked in or limited to this option. Do your research.
- The Square is a card swiping device which connects with a smartphone or tablet and turns that device into a sort of cash register. You may have encountered this device in the businesses you frequent, as they are becoming common at coffee shops, restaurants, street food stands and other businesses (look for a postage-stamp sized plastic square plugged into a tablet or phone).
- Note that PayPal, Intuit, and Amazon all offer similar solutions. Make sure to look into all options before making a selection.
- If you are online business, services like PayPal offer an excellent way to receive payment and make transfers.
See also: 24 Top Airport Business Solutions in Akwa Ibom State
31. Launch your service.
When the product is all built, packaged, coded, online, and ready to sell, or when your services are fully worked out and ready to go, hold a special event to launch your business. Send out a press release, announce it to the world. Tweet it, Facebook it, let the word resound to all corners of your market—you have a new business!
- Hold a party and invite people who can spread the word for you. It doesn’t need to be pricey––purchase the food and drink from bulk discount stores and get family and friends to help with catering (you can give them a product or service in return).
32. Online Computer Upgrading Service
Putting up an online business may be easy or hard, depending upon whether you did your research well and laid down all the groundwork before you began.
You can make money out of an online business.
If you execute the necessary steps and do not miss out on some of the essentials that are needed for an online business to succeed.
Most hosted ecommerce shopping cart providers offer free trial periods.
Which you could use make use of to build your webstore and learn how to run it.
33. Find a business system that has been proven successful.
A thing that needs to be ironed out for your online business is your billing service.
While there are businesses that may bill their clients directly after a contract has been agreed upon and signed.
And these bills are paid for through checks that are deposited into the service provider’s bank account.
There are some clients who require a certain online billing system for them to pay for the services they have contracted.
You may need to register with a billing system like PayPal for your online business.
To make billing and payment easier and less of a hassle to you and your clients.
34. Be interactive with the customer.
Ask them about the products, offer them post sale service.
Wish them on the occasions like Birthday, Marriage Anniversary, and others.
Offer them discount as returning visitors.
- Check the products and services offered are in demand or not in the area where the business is going to target
- After 2014 Google’s algorithms changed to give priority to rich content, consider writing creative and write content that keeps users intrigued to ultimately sell your product without much effort.
Read also: 18 Tips to Start Flight Dispatcher’s Airline Training in Nigeria
Online Computer Upgrading Service
Conclusion:
- Beware of people who ask for money before giving you business. Trade leads to prosperity through mutual gain, so a business should be willing to pay you to work for it. (A franchise store or home-sales business may have legitimate start-up costs, but they should reflect a reasonable cost of getting you started in the business so the managers would make money through your success, rather than just by getting you in.)
- Beware of business propositions that seem to offer “something for nothing.” They probably involve taking something from somebody—usually you. There are innumerable variations, some more polished than others. Examples include pyramid schemes and advance-fee fraud.
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