CrossNodes | iCafeMinds

1. LEGAL SOFTWARE- yes customers wouldn’t care if your software is legal or not BUT authorities do. Remember this: using pirated software is equal to stealing, gusto mo bang matawag kang magnanakaw?

2. Registering your business is a MUST, and its not cheap. I suggest prepare at least 10K for this. If you have more than than 10 pcs. of computer, then expect to pay more. At syempre depende rin ang cost ng permits and licenses sa amount na idedeclare mo as capital at sa dami ng computers mo., sometimes pati number of aircons, hubs, modem at xerox machine me additional na bayad din.

3. Don’t kill your competition by going on a price war, it will kill their business yes but in the end it would also kill yours.

4. Mind your overhead, bago ka magbitaw ng kahit singko have a projection how much you have to earn to break even.

Possible Monthly expenses:

• Rental (If your renting the space)
• Electricity
• Salary (for your self and your staff)
• Telephone
• Internet Connection
• BIR Monthly Payment
• Incidental Expenses
• Repair and Maintenance
• Supplies (Papers, Ink, Toners, Alcohol, atbpa)

5. Check your location. Baka naman sankaterba na ang internet shop sa lugar nyo. Kapag tabi tabi kayo the tendency is cut throat ang competition. Also check the target market, lumalaki ba ang population sa lugar nyo o steady lang ang growth.

6. Maximize your space by offering additional products and services pero dapat connected somehow or need ng market mo.

Just found this tips while googling I found it useful so I post it here.

Real Author: missywitchy