Hardware Assembly And Sale
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Electronic and computer
engineers can assemble Personal Computers (PCs) from home. Electronic parts do
not require much space and yes, there is a huge domestic market waiting to be
explored. Estimated 200 million middle class households would be users of
personal computers by 2008, says a NASSCOM survey. The business you book will be
entirely through your contacts. Customers prefer buying electronic products and
services, especially assembled computers, from people they know so that
maintenance and after-sale service is easy.
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Q & A: Hardware Assembly And Sale
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What skills should I have? Resourcefulness and marketing
ability.
What is my investment? The investment can be anything from Rs 10
to Rs 20,000 depending upon the orders from clients. The trick is to book orders
from clients with an advance to defray part of the investment.
What is my
market? Your main market will be homes and small establishments which opt for
the assembled segment mainly because the price difference between branded and
assembled computers is nearly double.
What returns can I expect? Updated
multimedia PCs are available from Rs 30,000 upwards. The profit margin for this
business ranges from 15 to 30 per cent.
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Software Programming And Development
This
is another area which has a huge potential. Every establishment from a small
co-operative bank, chartered accountants’ firm, small-scale industry unit,
retail store, travel agency to a ‘baniya’ shop needs to computerise
its operations for speed and efficiency. Your friends, neighbourhood
establishments and their references should provide you your initial clients.
Readymade Tally programs and piloted versions are available.
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Q & A: Software Programming And Development
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What skills should I have? A degree or diploma in software
programming with some practical experience thrown in is essential. Software
programs are best made in teams. Hands-on experience prepares you to do it
single-handedly with inputs from experts. Your marketing skills and your contact
network will add the necessary impetus to your venture.
What is my
investment? Updated computer equipment, internet connection, telephone line, a
cell phone for speed and convenience.
What is my market? Your market would
mainly be the customised clientele. You may also consider marketing existing
packages with margins from big companies. Classic clients would be practising
lawyers, doctors and architects who need customised software packages to keep
records, case histories and prescriptions. They have the desire and resources to
use modern technology, but don’t have the time and energy to do it
themselves.
What returns can I expect? The margin for a mass software
package costing Rs 2,000 would be Rs 800, so if you sell 10 such packages a
month, you’ve made a neat sum of Rs 8,000 at almost nil investment. The
price at which a customised program is sold can be anywhere between Rs 8,000 and
Rs 10,000 depending upon the work involved.
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