starting a project to continue college
trying to open a phone repair shop to support myself so i continue college
Initial Startup Costs (CAPEX)
Shop Rent (Deposit) $1,500 – $4,500 Usually requires 3–6 months upfront.
Legal & Registration $1,000 – $2,500 Includes commercial register and lawyer fees (required for LLCs).
Interior & Signage $2,000 – $5,000 Counters, lighting, security cameras, and outdoor branding.
Repair Equipment $1,500 – $4,000 Soldering stations, microscopes, power supplies, and toolkits.
Initial Inventory $5,000 – $15,000 Spare parts (screens/batteries) and accessories (covers/chargers).
Power Solution $1,200 – $3,000 Solar panels or a high-capacity UPS/battery system due to state power cuts.
Total Startup $12,200 – $34,000 Variation