MoneySmall business
Start-up fund for Jaxon: reopening a phone repair counter after a long illness and repossession
Jaxon has run a phone repair counter for nine years; a long illness and repossession destroyed the equipment, and $3,150 will put it back on its feet.
🇺🇸 Corpus Christi, Texas, United States1,963 views
For nine years I have run a phone repair counter in Corpus Christi. In June, 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 Thursday, and I employed 3 people from the neighborhood. I have been out of business for 8 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.
I'll buy equipment from local suppliers and post photos and receipts as I go.
Where the $3,150 goes:
• Replacing a soldering station and testing tools: $1,250
• Initial stock: replacement parts: $870
• Shop repairs and licensing: $620
• Working capital for the first month: $410
I'll pay this kindness forward the moment I'm able to.
Updates from Jaxon
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thinking of you. Everyone deserves a bit of help sometimes. We had a similar scare last year, I know what it feels like. All the best.
Wishing you the best, Jaxon. Looking forward to the next update. I'm in accounting myself and wanted you to know we're cheering for you.
hope you make a strong comeback. Don't lose heart. A few weeks ago I was in a hole too and it changed faster than I expected. Greetings from Nashik
thinking of you. Hope you make a strong comeback. This is the second need I've supported on here and the first that made me cry. All the best.
hope it all works out, Jaxon. Shared it with a few friends. Our whole street has been following this since the weekend. All the best.