MoneySmall business
Start-up fund for Harold: reopening a phone repair counter after a long illness and repossession
A phone repair counter in Liverpool needs help replacing a soldering station and testing tools after a long illness and repossession.
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For nine years I have run a phone repair counter in Liverpool. In January, a long illness and repossession took a soldering station and testing tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Saturday, and I employed 3 people from the neighborhood. I have been out of business for 10 weeks.
This business pays my children's school fees and rent. I have already started working from home in small ways, but I can't meet orders without proper equipment.
Every contribution brings me closer to reopening, and I promise to post photos as I buy each item.
Once I'm back on my feet I plan to hire back the people I had to let go.
Where the $1,200 goes:
• Initial stock: replacement parts: $330
• Shop repairs and licensing: $510
• Working capital for the first month: $360
I never thought I'd be the one asking, and I'm grateful for every bit of support.
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Take care, Harold. Hope you get there
is there a list of costs somewhere? Just curious how it adds up for Harold
Initial stock: replacement parts is $330 of it. Everything else is listed in the story and nothing outside that list comes out of this page.
Take care, Harold. I hope things turn around soon. Our whole street has been following this since the weekend. Love from Seongnam.
Sending strength. Hope the shop reopens soon. Sent it to 31 people at work. Love from Johannesburg!
So sorry you're going through this, Harold. Hope the shop reopens soon. The breakdown of costs made it easy to trust. Take care.