Local computer accessories shop

Local households, students, small offices and tradespeople who need an item today and want advice from a real person.

Mark-up on products sold over the counter, plus online orders from the same stock. Extras such as ink, cable cutting or simple setup help add smaller regular income.

• Product knowledge and friendly advice
• Buying and stock control
• Selling and handling customers face to face
• Basic bookkeeping

• Lease terms, deposits and business rates: check the details and ask your council about rates relief
• Electrical goods rules, including WEEE registration and correct UK safety marking on products
• Shop insurance for stock, contents and public liability, and employer's liability if you hire staff
• Competition from online sellers on price, so focus on service, advice and same-day availability
• Cash tied up in slow-selling stock, so start small and reorder what sells
• Check whether the premises need planning permission for a change of use

Startup costs are estimated at typically around £10,000 to £40,000, depending on your premises, deposit, fit-out and opening stock. Check lease terms, deposits and business rates, and ask your council about rates relief.

Estimated monthly revenue is typically around £5,000 to £25,000, depending on location, stock range and footfall. This is revenue, not profit, so allow for rent, rates, stock and any staff costs.

Check electrical goods rules, including WEEE registration and correct UK safety marking on products. Also check shop insurance for stock, contents and public liability, employer's liability if you hire staff, and whether the premises need planning permission for a change of use.