NSW Sole Trader - Any Legal Issues in an IT Support Business?

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Verpz

Member
30 March 2017
3
0
1
Hi,

I'm thinking about becoming a sole trader. I will be fixing people's computers or solving problems related to technology. I understand that I need public liability insurance in case I break something but what else do I need? If a client needs a physical part replaced, if I provide it, what issues arise with warranty etc if they buy it off me.

Do I have to charge GST? I would hopefully be buying the parts from a wholesaler. If an item is faulty that I provide what do I do? (I have a small budget to start this business).

Thanks.
 

Lance

Well-Known Member
31 October 2015
852
123
2,394
Hi,

I was an electronics service technician for 20 years, but I never worked as a sole trader in that field. I guess your public liability needs to cover liability from exposures at the home / shop. You need to consider liabilities from parts as you said and more generally if your repairs lead to equipment damage or worse a fire.

While you would have grounds to pursue an action against a supplier for faulty parts, you would too carry an exposure. That said there are small business insurances that cover this. Your billing should identify GST.
 

Scruff

Well-Known Member
25 July 2018
925
135
2,389
NSW
You clearly don't have the knowledge yet to start your own business, so you shouldn't try.

Save yourself a lot of headaches and attend a small business course first. That will cover everything that you have asked about.