Tam the diesel man
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Registered: 31st Jul 01
Location: Portsmouth
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quote: Originally posted by mav
Need plans and that..get appointment with bank manager..
thats what i did, just show the bank manager that your really confident etc. then hopefully he'll give you a nice amount to start of with
then i had to shed out money for accountant and starting up costs
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
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Could make a nice profit there willay dont forget license for ME ect though
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DanielJ
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Registered: 21st Nov 01
Location: gwent, south wales
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excuse me u cheeky fucker i no wa im doing i may sound stupid but i aint
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
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ahem
Trust me mate, it will cost you more and you will profit less if you start a business. Thats why i havent kicked one off already, my house is the business
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DanielJ
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Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
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mayb do it in the house 2 start off n keep me job 4 a while, its between 2 of us so shud b k
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MarkM
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Registered: 11th Apr 01
Location: Liverpool
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yep tidy profits are to be made if u know what your doing...although everyman and his dog builds PC's these days so u would have to be competitive on price!!!
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Natz
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Registered: 18th Dec 00
Location: Milk 'n' Beans
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You can go to the bank and ask for a business pack
They give you a pack with a cd/floppy with balance sheets, forecasting sheets, buget plans the lot.
Use those as a template to do your business plan.
You need to research into the market too as it will look better for you if you know what the market is like. eg. if its a bit slow (IT repairs usually are at xmas btw), The bank maybe less willing to give you a loan as the business is not there to make profit, therefore they will think you cant pay the money back as easily
Look into where your business will be based. An idea of what your property space will be like, storage space for parts, facilities, all that will also look better to the bank. You need to know how much the rent/mortage on that kind of place will be.
Marketing plan - put one in to show how you will drum up your business. Look at the cost implications of various methods. Maybe invest in a quality colour printer as it will cost you less in the long run.
Forecast your sales as best possible. Show your out goins and in goings (should all be in the banks business plan - i think lloyds have the best one, but get one from every bank).
If you want to get into IT, give us a shout for parts etc coz i can give you some good suppliers (but dont tell me boss!)
If you want a hand with your plan, give us a shout too. I did business management at college and i still speak to be teachers, so ill show them too.
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Natz
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Registered: 18th Dec 00
Location: Milk 'n' Beans
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oooo forgot to add
Check with companies house so you can register your business and get costs etc.
buy everything fixed wise in the 1st year as best possible, so then you can write them off against tax and get depreciation allowence on vechiles and stuff! even little things like uniforms, you will get tax allowence on!
so declare everything!
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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gah austin, i just submitted my order to ebuyer, 2400xp,512mb ram,120gb hd,cdrw,128mb ti4200 graphics card, sorted around £378 off ebuyer though!
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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also I wouldnt trust ebuyer ram, heard too many stories wouldnt want some of it to fuck up and have to wait for a replacement as they want their machine for christmas
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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the order:
Item: Asus A7V8X-X SKT A KT400 8x AGP DDR Sound/lAN/USB 2.0
Qty: 1
Cost: £38.99
Item: AMD ATHLON XP2400+ 266MHZ FSB 256Cache Thoroughbred CPU - OEM
Qty: 1
Cost: £49.99
Item: Coolermaster CP5-6J31C Socket A Upto XP3000 AMD Approved
Qty: 1
Cost: £5.27
Item: Twinmos (on Twinmos) 512mb Ddr400 Pc3200 Cl2.5 Memory
Qty: 1
Cost: £46.30
Item: JNC 4JA 8626 Blue ATX Midi Tower Case 300 Watt with Front Panel Audio USB & Firewire
Qty: 1
Cost: £13.99
Item: Inno3D GeForce4 Ti4200 128MB DDR AGP DVI TV-Out
Qty: 1
Cost: £78.45
Item: Western Digital Caviar SE 120Gb 7200rpm 8mb Cache EIDE Hard Drive - OEM
Qty: 1
Cost: £63.99
Item: Samsung 52x32x52x IDE Drive - OEM
Qty: 1
Cost: £20.36
and you just reminded me that I have forgotten the flipping floppy drive but lucky for me I have a few knocking about
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
User status: Offline
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tidy, did you make sure the ASUS board was retail boxed cos otherwise you have no drivers or cables, they've done it to me i dont know how many fookin times!
Ive been sticking with the MSI Delta K7N2's, flappin fantastic mobo's for the price!
Ebuyer ram is absolutely fine, just make sure you buy some aliminium or copper cooling blocks for it
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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dunno, bad reviews, even someone at my college who had two lots had it fuck up on him and bloooody hell at nice cheap oem samung CDRW, suppose they will get dated cause of DVDRW becoming cheap this christmas.
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DanielJ
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Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
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cheers chick
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Rainesie
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Registered: 24th Mar 02
Location: Luton
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Don't know if someone above has said it, couldn't be arsed to read it all.
You only need to register with companys house if you want to be a limited company and you only need to register for VAT if your turnover or expected turnover is going to be over £54,000 per year.
You can download all necessary forms from:
http://ws5.companieshouse.gov.uk/index.shtml
http://www.hmce.gov.uk/
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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rainesie: summary of this thread is me and austin telling him just to do it at home. the end. night
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
User status: Offline
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This evenings masterpiece
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drunkenfool
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Registered: 7th Feb 03
Location: Hereford Drives: Audi R8 V8
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I ordered the bits today for a computer im building for a mate...
2800+, 250GB, 512MB DDR RAM, DVD RW, DVD ROM, 128MB DDR AGP 8X GFX card, Case with window, cold cathodes etc... £550
[Edited on 11-12-2003 by drunkenfool]
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carnoisseurcraig
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Registered: 4th Jun 03
Location: Inverness
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thats true. And to register it cost £200 odd quid but you can hold that as a dividend and claim it back. You will also need a secretary(if goiung as a limited company)
you wont need companies house, but i agree with austin, work from home untill you get a customer base to work with, then once you name spreads, THEN move to a wee shop or summin.
Business like mine obviously needs to be VAT registered even thou im only a small business im still on course to do my predicted £250,000 this year.
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
User status: Offline
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Another thing to think about, how many closed down computer shops do you see these days? About 6 round ere have closed within the past year.
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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quote: Originally posted by AustinPXX
that one above was a 2500+, 120gig, 512mb ddr, geforce4, onboard sound, lan ect
That went for £500.
how much did you pay for the stuff. I was going to build my own one for £300 of a similer spec
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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yeah austin they just cant keep up i suppose, unless they are well established and have good user base who are going to come back for advice/repairs/callouts/upgrades, lots of stuff getting shut down
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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To be honest how much call for PC's is there in your area? if not much then keep it as a sideline, it'll keep the costs down and you could perhaps save the money up for another venture (or if enough interest expand into a shop at a later point)
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
User status: Offline
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quote: Originally posted by vibrio
quote: Originally posted by AustinPXX
that one above was a 2500+, 120gig, 512mb ddr, geforce4, onboard sound, lan ect
That went for £500.
how much did you pay for the stuff. I was going to build my own one for £300 of a similer spec
Parts came to £293 including shipping from Ebuyer
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Richie
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Registered: 3rd Dec 02
Location: Newport, Wales
User status: Offline
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quote: Originally posted by willay
yeah austin they just cant keep up i suppose, unless they are well established and have good user base who are going to come back for advice/repairs/callouts/upgrades, lots of stuff getting shut down
Yeah in gwent there are currently 3 main players.
One on a rather busy industrial estate, Azteq in one of the busiest places in gwent and AJM micro who do all south wales computer fairs and also have their own shop.
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