Category: Blog

What Factors Determine Whether You Can Repair A Phone Or Not

A phone is an essential asset when you have it. This is why most people are willing to spend as much money as they can to buy expensive phones. The problem with the phones is that they are prone to any damage. Sometimes it’s the screen, the charging ports, the speakers, or the camera. Even if you take care of your phone, a single fall can lead to significant damages. When a phone is damaged, you have two options to select: repairing the phone or replacing it.

What determines if I can repair my phone?

Before you decide on what to do when your phone is damaged, there are several things that you have to think about. They will help you make sure that you make the right decisions. If you consider these factors and realize that the best decision is to repair or replace your phone, please do not force things. The following are some of the critical factors you should consider when determining whether you stand a chance to repair your phone or not.

  • Extent of damage

This is the first and most crucial factor that you have to think about when you have to decide whether you should repair your phone or replace it with another one. The extent of damages determines whether your phone can work efficiently after the repairs or you will still have problems with it. Sometimes, when your phone has minor issues, repairing it is the best option, but it could be challenging to get better if it is extremely damaged. Also, some of the extreme damages may be too expensive, which you may not be willing to do, and instead of spending so much on the repairs, you can get a better phone at the exact cost.

  • Availability of technicians

Are there technicians who can repair your phone in the area you live in? Are they competent in repairing your phone, and can you entrust them with the efficiency of your phone? These are some of the questions you should ask yourself before deciding that you want to repair your phone. It is not recommendable for you to decide that you will be repairing your phone, yet you do not know of a competent and experienced technician who can repair your phone. It may get more damages if it is repaired by someone who is not a professional. Instead of deciding to repair it, you should rather buy another phone even if it’s a cheaper one.

  • Spare parts

When you decide on whether you will be repairing your phone or not, you should find out whether the spare parts required are available or not.  Some of the spare parts may be available, while others may not be available.  If it will be easier for you to find the spare parts required, repairing your phone is a good option. In case these spare parts are not available, then you should get another phone.

  • Costs of services

The amount of money you will incur to repair your phone will also determine whether it’s a good idea or not. You may spend more money than it would cost you to get a new phone which is not advisable. However, the amount of money you spend will be determined by the kind of repairs your phone requires.

Do I get a warrant for phone repairs?

When you are buying a phone, you will get a warranty for this phone. However, when you are repairing a phone, you are not guaranteed a warranty. Only a few technicians will offer you a warranty for repairing your phone. When you get such a technician, you are assured of quality services and reliability when your phone develops any problems.

For expert phone repair, choose Mobile Phone Repairs Perth.

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How to Prepare an Effective Business Plan?

Your business plan is a crucial document for your new business. It explains who you are, describes your company and shows how you will make it profitable.

A well-written business plan can help you gain the trust of lenders, investors and stakeholders. It should show that you are engaged in your business and that you have the skills, knowledge and confidence to achieve your goals.

Elements of a good business plan

Your business plan should contain the following:

  • The name of your company and a description of its activities
  • An analysis of the market and competition
  • An analysis of what sets you apart from the competition
  • A marketing plan
  • Your organizational and legal structure
  • A human resources plan
  • An analysis of your financial needs and your equipment needs
  • Your key financial data

BDC’s article How to Write an Effective Business Plan gives you an overview of the basics to include in your plan. You can also check out our article on common mistakes to avoid when creating your business plan .

You can use BDC’s free business plan template to help you write your plan. The Canada Business Network also offers a guide and good examples of business plans by business line.

Get additional information

You may have done informal market research yourself .Gather this information using both primary and secondary sources.

Secondary sources include statistics and trends of your market and customer base. Relevant data can be found on Statistics Canada’s websites and the Department of Innovation, Science and Economic Development Canada. Specialized publications, associations, think tanks and academic research are also good sources of information.

Primary sources include surveys, personal interviews, and focus groups. They can provide you with a new perspective on the attitudes and behaviors of your target audience. When you search, make sure your survey goes beyond your circle of friends and family.

Like other parts of your business plan, your market research should be periodically updated whenever you need to make an important business decision.

Set measurable goals

Setting goals for your business plan helps your team stay focused, and committed to achieving your vision. Your goals are aligned with every aspect of your business plan. Here are some examples:

  • Finance – Collect a specific amount of capital, reach your cash targets, become profitable.
  • Operations – Launch new products, offer new services, improve efficiency by a coefficient x.
  • Human Resources – Find employees with specific skills, create an integration protocol, set up an employee evaluation system.
  • Sales and Marketing – Create a unique brand, develop your business plan, reach your sales targets.

You should have measurable targets to monitor your progress during the year.

Do you need a marketing plan?

If your company is doing a lot of marketing, it may be appropriate to prepare a separate marketing plan . For an introduction to marketing concepts, read the BDC article A 5-Step Marketing Plan, full of common sense .

Your marketing plan may include the following:

  • A SWOT analysis that examines strengths, weaknesses, opportunities and threats to your business.
  • A description of your target market .
  • Clear objectives: shares and market segments, number of customers and customer loyalty, size and volume of purchases made, etc.
  • A description of your marketing strategy.

Prepare an “elevator speech”

In addition to your business plan, you should also prepare an ” elevator speech “. This is a short and compelling presentation that describes your business in less than 90 seconds.

Not everyone has the time or inclination to read your business plan. To attract the interest of your contacts, you must be able to present your company to investors, lenders, partners and potential customers, the time it takes an elevator to reach the top floor of a building.

To achieve this, your presentation must be clear and concise, stand out from the crowd and be tailored to your audience. You have to know your business thoroughly, because those who listen to you might ask you tough questions.

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What to do before starting a business?

Do you dream of being your own boss? Do you have a great idea for a product or service? Are you looking for a way to give back to your community and to your country? If so, you could make the right choice by starting your own business.

We offer resources to help you assess whether you have the personality of an entrepreneur, to explore business ideas and start your business.

Self evaluation

Starting a business can be a rewarding and rewarding experience. However, this professional choice may not be for you. Before you make the jump, take a few minutes to find out if the opportunities and challenges of entrepreneurship fit your personality.

Try the self-assessment of the online entrepreneur .

Explore ideas and ask questions

You may have the talent to spare and be eager to start your business, but it’s important to take the time to think about how you can turn an idea into a successful business .

Is your project original?

If your idea is really innovative, you need to check if it needs intellectual property protection to prevent others from copying it.

If your product or service is not innovative, ask yourself how you can compete. How will you differentiate your offer ?

How will you make money with your product or service?

Even if you believe that your product or service is exceptional, you need to take the time to find your target audience and your sources of revenue.

Here are some of the questions you need to ask yourself:

  • What is your target market?
  • How much is your target audience willing to pay for your products?
  • If your customers do not want to pay for your products and services, do you have an alternative business model?

How will your product or service end up in the market?

Will you take care of all the steps required to put your product or service on the market (development, production, packaging, marketing and distribution) or will you choose a partnership with other companies?

For a novice entrepreneur, the challenge of mastering all these steps is considerable. That’s why it might be better to focus on what sets you apart from the competition. Then, you can partner with other companies to help you with non-core activities.

For example, you might choose to focus on the design of your product and license the production, marketing and distribution management to a well-established partner.

What resources do you need?

When you know when and how to take action, you will need to evaluate your costs.

You will need to determine the number of employees required , set a time frame for marketing, and determine the recurring costs to pay. Be sure to include in your estimate expenses such as office space, supplies, various insurance and benefits.

When you have answered these questions, estimate your income forecasts for the first year. Base this estimate on the size of your market, industry trends, and your expected market share.

Once you’ve done this, you’ll be ready to write your first business plan , which you can use to attract investors and lenders.

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