Keeping overhead low
I am coming up on the 6 month mark of wsr full time and crunching numbers to see how I will make the next 6 even better. I have been approached personally by 2 credit card processing companies which after a brief discussion would surely increase per repair cost significantly without positively adding to the volume of work. Not the right way to go for me right now. How are you guys keeping your overhead as low as possible? My ideas are, for starters, buying resin in liter bottles, drill bits in large quantities and other consumables, laying off employees (oops don't have any).
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Keeping overhead low
Not that i'm biased or anything (;)), but buying supplies in bulk can save a ton of money per repair, if you have the volume to support it.
For instance:
1 ounce of Premium Bond resin is $50. This will do about 100-130 repairs, so figuring 100 to make it easy, that's 50 cents per repair
You can get a liter of resin for $375, which equates to $11.09 per ounce. Doing it this way, it's only a touch over 11 cents per repair, much better deal.
Of course you have to fill your own bottles, that sort of thing, but buying in bulk is a good business move if you have the volume to support it.
For instance:
1 ounce of Premium Bond resin is $50. This will do about 100-130 repairs, so figuring 100 to make it easy, that's 50 cents per repair
You can get a liter of resin for $375, which equates to $11.09 per ounce. Doing it this way, it's only a touch over 11 cents per repair, much better deal.
Of course you have to fill your own bottles, that sort of thing, but buying in bulk is a good business move if you have the volume to support it.
Delta Kits, Inc.
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do not try and reduce your overheads to much but increase your sales instead making sure you charge for extra chip etc. this will in dffect make the overheads for each repair a smaller percentage of your overal fixed costs.
Remember Speculate To Accumulate.l
Remember Speculate To Accumulate.l
33,000 + screen repairs over 18 years and still learning.
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Jeff,
How many drops of resin per repair should a tech be using? I ask this question because you say 100-150 repairs per 1 ounce bottle.
I had recorded how many repairs could be done from a 1/2 ounce bottle and was able to do 210. This is using GT resin and equipment. I have just purchased their new "prism" injector and now use 6-10 drops per repair, so a 1/2 ounce bottle will not last as long.
How many drops of resin per repair should a tech be using? I ask this question because you say 100-150 repairs per 1 ounce bottle.
I had recorded how many repairs could be done from a 1/2 ounce bottle and was able to do 210. This is using GT resin and equipment. I have just purchased their new "prism" injector and now use 6-10 drops per repair, so a 1/2 ounce bottle will not last as long.
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Dave,
We try to be very conservative when estimating how many repairs can be done.
We use 3-7 drops, depending on method of insertion into the injector, as well as type of break.
To be exact, we use 0.15ml in our single shot syringes, so figuring that amount, you could actually do 200 with an ounce of resin.
We try to be very conservative when estimating how many repairs can be done.
We use 3-7 drops, depending on method of insertion into the injector, as well as type of break.
To be exact, we use 0.15ml in our single shot syringes, so figuring that amount, you could actually do 200 with an ounce of resin.
Delta Kits, Inc.
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