I set up a small business - Entwood Computers - 7 years ago .. the idea being that when I retired from the RAF that computor business would be my "employment" ....
For the first 3 years it was good, I was building custom systems and repairing a good many others. With trade accounts at a couple of parts places, and a decent reputation localy I was doing OK.
Then things got harder ... it is almost impossible to buy the component parts of a decent spec computor at the same price that the big guys, DELL, Novatech, Ebuyer are selling at, let alone adding something for your time and business overheads. With all the different CPUs and the rate at which new ones appear, a great deal of time needs to be spent researching to ensure compatability of components ... you don't get paid for that ... but if you get it wrong it will cost you.
On the repairs side, DELL is now very strong in the home user market, yet 80% of their componenets are "special" and you can't use generic parts. Many people use laptops and they are a nightmare... every one is different.
I still get called on by folks who know me to recover unbacked up files from crashed systems, replace hard drives / PSUs ... but the days of motherboard upgrades are long gone.. for most home users it is cheaper, in the long run, to buy a complete new system given the warranties they come with.
If I charged the same rate I used to 4 years ago ... £30 an hour, I could probably make £400 a month if I made it known I was back in business.
The money is in Business Services... fixed price contracts that give 24/7 cover ... but that is a high risk area ...
And regardless of how small/large your business .. the Inland Revenue / Insurance / Bank all require the same amount of time and effort doing the book keeping....
Personally .. I'm glad I'm out of it TBH ..
