Equipment and materials to add laptop servicing and repairs

Entrepreneur

About Me

I am a 47 year old man born in Accra, Ghana to a military officer father and a house wife mother. My parents had three children of which I am the first.
My parents divorced when I was 18 years old and I had to go and work in my maternal uncle's electronic parts shop.
I had to fund my education myself with the meager allowances I received from my uncle.
In the year 2002, I left my uncle's job started trading on my own. I picked items from people I knew to sell and use the proceeds to further educate myself.
Today, I am pursuing a Masters degree in Distance education and E-learning from the University of Ghana.
I would like my children to grow up to be responsible citizens and engage in occupations that are human centered. They must be law abiding, respectful and full of integrity.
Ghana is a country well endowed with natural resources with a nice climate. Its people are among the friendliest one can find.
My hobbies are watching football(soccer) and reading.

My Business

In 2011, I went into computer and its accessory sales together with a friend. We did not have enough money but through the benevolence of some well established traders in the business, we were able to stock goods on credit.
Today, I ran the business alone with occasional help from my spouse. As result of my education, there has been a dip in my savings because I have to pay my fees with part of the income from the business. This has necessitated the need to raise more income through more innovative means.
Information Technology has come to stay and everyone is buying into the technology idea so it is a fast growing area in Ghana. The benefits are immense and the income from the business is good.
I got into the computer business when a friend of mine sent me some laptops from the US to sell and it has been fruitful.
Although some of the profits from the business goes into the upkeep of the home, a larger percentage of the profit is reinvested in the business.
The average cost price for a new dual-core laptop is about $297 and sells for around $324 and a new core i3 laptop costs $432 and sells for about $486.

Loan Proposal

Upon deliberations with my spouse, I have decided start the servicing and repair of computers in the shop. A lot of people come in on a daily basis with computers that need to be serviced or repaired and I have to refer those potential customers to other shops where they could have their computers serviced or repaired. I can make substantial income if I can service and repair computers in my shop.

A small area would be convert into the service and repair center and a technician would be contracted to do the servicing and repairs. Due to the unavailability of enough funds to employ the technician outright, I would get into a partnership with him where we would share the income from the service and repairs that would be done.

All I need to start the servicing and repair of computers in the shop is two(2) pieces of plywood for the demarcation of the shop and tools for the technician.

Each plywood costs about $12, a computer repair tool kit is about $ 35, an additional15 watts soldering iron will cost about $11. A roll of quality soldering lead costs about $7. The printing of job cards will cost $15 and a second-hand table and chair for the technician to use will cost about $18.

Servicing and repair of laptops in my shop would increase my profit by around 30% because majority of Ghanaians prefer to service or repair their faulty computers rather than buy new ones due to averagely low income levels and whilst customers wait for their computers to be serviced, they could be attracted by other goods in the shop.
It will also reduce the time customers spend going round to get their computers repaired because my shop will serve as a one-stop shop for customers.

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