Introduction
Today, the use of computers and laptops is increasing today because every work gets done online today, due to a computer; many works are done at home.
These days the business of computer repairing is also growing rapidly because as the above-mentioned use of the computer is growing rapidly, the computer is also selling a lot, since this is an electronic item, it also gets spoiled, then the people have to repair it so many people are repairs computer from home and many people are providing repairing services in an organized way so they can establish their brand value.
If you want to start a business of PC repairing then you can start your business as a company or as a partnership firm or as other business entity, starting a business like PC repairing needs proper planning so they can stay in the market in long run, and you should register your business entity so it will protect you under the laws.
This article will guide you, so you will get an idea about the incorporation of PC repairing business.
How to Start PC Repairing Business in India
- Market Research- Market Research is must for you before starting a business like PC repairing because after Research you will find about your competitor and their prices of service so you can set your service according to your research. So you have to analyze the local market, so you will also find that there is the scope or not for starting this business.
- Set your goals- Second thing you have to do aftermarket research is you have to set your goals because after market research you will find knowledge about the local market then you have to decide that whether you want to repair only software or hardware guanine or both. So you have to set your goal after Market Research. You have to decide also whether you want to repair the computer in your part-time or you want to do this work as full time, or you can hire people under your guidance. So you have to set your goals.
- Incorporation of business- Then you have to start your business as a legal entity for this you have to register your business with concerned authority. If there is two or more person in your business, then you can incorporate your business as a private limited company or Limited Liability Partnership Firm. Ministry of Corporate affairs issue the certificate of incorporation for Private Limited Company and Limited Liability Partnership Firm. LLP requires less compliance as compare to private limited Company. You should register your business under Ministry of Corporate Affairs, it will give you legal protection under the laws and in case of failure of registration you may have to face legal consequences. LLP Registration is a separate legal entity which can sue or can be sued and partners having limited liability under LLP so you should register your business.
- Find a Location for office- You have to find a location where you can operate your business. After finding a place you have to take permission from a local municipality if they allow then you can open your office. A good place is required for generating customer if it is convenient for people then they will visit your office or shop.
- GST Registration- Good and Service Tax Registration is important for your PC Repairing Business, because according to laws you have to register your business under GST so you will obtain a GST Identification number which should be mentioned on your invoice and also it is mandatory for those whose turnover is more than prescribed limit and without GST registration you may have to face legal consequences. A process of Registration is very easy, and you can apply for GST registration on Online Portal of GST. GST Return Filing is an important part of any business, as it is mandatory by the GST laws. You have to file your GST return in prescribed time, in case of failure of GST Return you may have to face legal consequences.
- Register your Brand Name- You should register your company name with trademark and copyright laws so no one can copy your brand name. It will give you protection under the intellectual property laws, without a registered brand name, anyone can copy your brand name and use it so you should register your brand name under Intellectual Property Laws.
- Advertisement- Advertisement will generate customer to your business so you should promote your business on Television, Newspaper and Social Media Platform. Social Media is the easiest and cheapest platform for advertisement.
Conclusion
If you are thinking of starting a new business of PC Repairing, then it is a good idea you can generate a good profit from it. As you can see in the above article that you have to make a plan for your business, then you have to register your business as a legal entity. Limited Liability Partnership is easy to incorporate you can start your business as LLP, it requires fewer compliances, and you should register your business so it will give your legal protection and you should register your business with GST also as it is mandatory.