Mobile Repairing

Category:

Description

We keep in mind the Prime Minister’s Employment Generation Programme (PMEGP) and Pradhan Mantri MUDRA Yojana (PMMY) and all Government Schemes have prepared for Mobile Repairing Project Report and CMA Data for Bank Loan.

In addition, inform us if any modification is required in the report. Thereafter, we will amend the report and make it available to you immediately.

Are you one of those people who have long been thinking about owning a mobile repairing business of your own? Are you one of those people who have every intention to try your hands in the mobile repairing business because you aren’t left unaware of the increasingly ascending graph of smartphone users?

Mobile Repairing Project Report Format.

Mobile Repairing Project Report Business Plan for Bank Loan related to business and services in India. The report provides a Business plan in India for bank loan in excel, word and pdf format and also available in the Hindi language. However, the format for the project report includes financial information. Therefore, it includes Projected Balance Sheet and Profit and Loss Statements for the next 8 years. It also includes Ratio Analysis, Market Potential, Business Plan, Industry Trends, and Process.

Also present strengths and weaknesses. Hence, understand in below mention two parts.

Firstly, Mobile Repairing  Detail Project Report Contains: –

  • Details of Business
  • Introduction to Business Idea
  • Brief about the effect of COVID- 19 on Business
  • Benefits Available under Government Sponsored scheme
  • Computation of Subsidies available under the scheme
  • Manufacturing or Operating Process,
  • Process Flow Chart
  • Supplies of Raw material
  • Supplies of Plant and machinery
  • Export-import Data
  • Credit Policies
  • Marketing Strategy
  • Future Plans
  • SWOT Analysis

Secondly, below mentioned financial statements will be for the next 8 Years

  • Projected Balance Sheet
  • Projected Income Statement
  • Cost Of Finance
  • Means Of Finance
  • Assessment Of Working Capital Requirement
  • Cash flow Statement
  • Term Loan Repayment Chart
  • Depreciation Chart
  • Debt Service Coverage Ratio
  • Ratio Analysis
  • IRR
  • Sensitivity Analysis
  • Break-Even Analysis

Procedure to get Mobile Repairing Project Report

Gone are the days waiting at the door of expert, as a result, get your project report in hand, now you can get your business plan in just 24 hours.

First Step         –    Add to Cart

Second Step    –    Check out

Third Step        –    Make Payment

Fourth Step      –    Provide Required Information

Fifth Step         –    Get your report within a 24 hours.Equipment Finance Scheme For Existing Clients TIIC

Consequently, we can modify the Cost of the project, capacity, and loan amount as per your need.

Providing Cell Phone Repair

Going into the mobile phone repairing business will end up showering you with immense profit especially because the world has been inclining towards technology rapidly and many types of research have proved that every passing minute cell phone is broken down or faces some very technical problem that is serious and needs a technician for it to be repaired.

If we go through the data above, we again get the surety of smartphone repair business is a ticket to making a lot of profit in the business.

The cell phone repair business is stand-alone because smartphones get troubles very easily and take time to repair while people are inclined to use cell phones for their important work-related issues.

Therefore grasping hold of the cell phone repair business will help you gain a lot less competition because people have recently been forgetting the importance of cellphones in emergency situations.

Choose the most appropriate business model for yourself.

Now, this may be a bit tricky. When we are already talking about continuing a business regarding the repairing of cell phones or smartphones, what does it mean to choose the appropriate business model? That must be the question rising deep within, isn’t it?

To answer that question, below are two types of business models that you can carry forward when starting a mobile repair business,

  • Owning a store: Having a store where you are able to provide the required repairing for any cell phone or smartphone or to the customer is the best kind of Business models present in the mobile repairing business.

It is made clear many times that people appear to trust what they see more than what they are uncertain about.

 Owning an online mobile repairing service: When it comes to owning an online mobile repairing service, it can be tough to attract and make a customer base for yourself, but it turns out to be great at the end of the hard work.

We as humans tend to incline towards work that requires less labor, and getting the phone repaired and delivered at home is one of the best comfort possible.

Be Quicker With your Services:

We all know that smartphones have eventually started to become a necessity for people and at a very rapid rate, getting incorporated into the life of every human on this earth.

All the important work for people is being carried out to smartphones, and thus they are very compulsory for their better living.

To be the best in your business and make the customers choose you over your competitors, you should be very professional and provide the services at a quicker pace than your competitors.

Being in the mobile repair business and providing services very fast, you will instantaneously gain some loyal customers, which is very beneficial to your business.

Additional services add to the overall profit.

When you are getting into the mobile repairing business, you are sure of one thing that you will have to provide technical requirements for any discrepancies in the particular smartphone. But there are a few other things that you can add as a service in your business so that you can earn more profit.

Few of the additional services that will help you and profit are,

  • Selling hardware and software for smartphones.
  • Selling accessories like back cover, earphones extra for the smartphones.
Having proper licenses for mobile phone repair business:

Though the mobile phone repair business helps you earn a profit, you should not forget that you should have the proper licenses that are set up by the government for the mobile repairing business. These are a few legal things you need to keep in check, and you can get your form for the individual unit that your opening registered so that it gets recognition and also the preference of people.

Select the location for your mobile repairing business

Yes, marketing is one of the important aspects of running a business, but another important aspect, especially in a work that requires manual work, needs to have a proper location state for their business to be established and run smoothly.

We can guess a probable area that will be enough for the mobile repairing business to set up, and that would be 250 square feet or below. This is like the most idealistic choice for a business start-up.

When choosing the location for your mobile repairing store, you should make sure that the local residents of the area should be able to accept your store very conveniently. This will help you earn a customer base.

Being a startup and starting with the stores seems like the best fit for you. When buying or renting a store, you need to make sure that you do your math of funds very accurately.

Ensure necessary supplies

When walking into the mobile repairing business, you also need to make sure that you have all the required spare parts that are used in repairing a smartphone within your hand’s reach.

Your quicker pace in providing services will be determined by how accessible are the spare parts to you.

If you want to make your business prosper and grow rapidly, you will have to ensure that you have a constant supply of spare parts and you are stalked with them.

Mobile Repairing Tools you cannot do without

Getting into a business without being prepared and having the necessary means to hold a very strong grip over your business will get you nowhere. Therefore you need to have a proper kit for mobile repairing tools. Below are some of the tools that you need to have in your kit, are  Screwdriver for managing the bolts, the brush for clearing out the dust, etc.

Mobile Repairing Tools you cannot do without

Getting into a business without being prepared and having the necessary means to hold a very strong grip over your business will get you nowhere. Therefore you need to have a proper kit for mobile repairing tools. Below are some of the tools that you need to have in your kit, are  Screwdriver for managing the bolts, the brush for clearing out the dust, etc.

Proper marketing for your mobile repairing business

No one is unaware of the impact of a good marketing strategy in a business. Therefore you should make sure to promote your mobile repairing business both online and offline through the help of different mediums like flyers, online websites, etc.

Mobile Repairing Business Plan 

A clear mobile repairing project report  is crucial for your success as an entrepreneur. Therefore, you wish to contemplate some important, like your initial costs, your target market, and how long it’ll see you interrupt even. Draft a proper mobile repairing project report that is also describes your expected income, product and repair lines, expansion plans, and other details of your business. A well-drafted project report will also facilitate you in applying for any bank loan. Therefore, you can get a well draft project report from our website www.projectreportbank.com

Sample Project Report Click here. 

Price List

Frequently asked questions on PMEGP scheme

Frequently asked questions on Mudra Loan

Price List

About Us

 

 

You may also like…