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Starting own IT business need some pointers

By dave ·
For those of you who have started your own IT business, can I please pick your brains a bit?

Hello everyone. I've started my own IT consulting company. I have all the bs set up - the corporate bank account, the credit card processing, the name, the LLC, pretty much everything. Just finished business cards and I'm currently working on the web site. Going to make flyers, run a few ads and start taking on work soon.

I plan to start with fixing computers, building/setting up small networks, etc. Then I will move on to things like custom software development (I'm a developer by trade), device drivers, etc. hopefully building this thing along the way, hiring some employees, etc.

This project is funded entirely from my pocket, so I have to keep things cheap in order to get this off the ground.

I would love to hear stories about how you got your business going, the pitfalls you inevitably encountered, and stuff you didn't think about along the way. For instance, how did you get your first clients? what is the best method to track your clients and their bills/invoices/etc.? What did you do to market your company initially?

I know my question is pretty broad. But please help out a fellow entrepreneur here. Share your stories and tell me how to get it right the first time :-)

Also, if this type of thing has been discussed here before I apologize - please post a link.

Many thanks,
Dave Atkinson

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Hope your business is flourishing

by putchavn In reply to Starting own IT business ...

Nearly four months into your own business. Wish you sustained prosperity for long.

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Good Luck

by brewerjjb In reply to Hope your business is flo ...

Presently i have three business! one i own fully, one i half own, and one i one/seventh own. The last two involve websites. The first one however revolves around computer repair, networking, computer consulting for purchases and more and more. Business is overwhelming me right now so i would say good luck.

Key issues is to plan on clients trying to monopolize your time! Its hard when you are by yourself and trying to service so many. so make sure those time management skills get in there.

Also the number of questions they ask is incredible. They can jump from hardware and software to what about a website etc. (small businesses especially where the people have little or no technological experience. I set up a fee for just sitting down and answering there questions as well as walking them through the purchases. You can include that fee in your visitation charge if you have one or as part of your consulting fee. Some people i have on hourly rates and others on flat rates depending on things like if they are an individual or a business and also the number of systems and what they are trying to do. If networking be prepared to draft a network plan in writing and explain why certain decisions would be beneficial other than that for advertising lol heck my clients do the talking for me.

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