If you’re thinking about starting Computer Repair Business, it’s a very good idea to create a business plan. The best reason is not what you think. I don’t know anyone who has ever stuck with his or her original business plan. Why? Well, planning and doing is the same as hypothetical and reality.   Areas to research and try to layout in your business plan would include market analysis, startup costs, necessary skills, and initial inventory or equipment. All of these areas are important when planning your business. Most business plans can be divided into common sections like these: – Executive Summary – Company Description – Products and Services – Marketing Plan – Operational Plan – Management and Organization – Personal Financial Statement – Startup Expenses and Capitalization – Cash Flow Analysis If financing is a part of the puzzle, even more time should be spent on presentation and documentation. You will be judged by the lending institution on the quality and accuracy of your numbers of your business plan. The two most common flaws in business plans are under estimating costs and over estimating revenue. A good example in the Computer Repair Business is for one to assume that since there are an average of 171 working hours in any given month, that you could bill 171 hours or the total amount. Not going to happen, there is no way to bill 100% of time. Why, because you rarely can bill out every hour in the day.