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Felix Ward
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Felix Ward
Last updated
June 5, 2026

How to Open an Electronic Components Business in 8–16 Weeks

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Frequently Asked Questions

Start with a registered business, sales tax setup, supplier accounts, and a curated SKU list For a lean launch, plan on 8 to 16 weeks Use the Year 1 assumptions as a gut check: about $52 average order value, 25 units per order, and 20% combined COGS and variable cost load

Felix Ward
About the author

Felix Ward

Entrepreneurship Researcher

Felix Ward is an entrepreneurship researcher at Financial Models Lab who focuses on expense and revenue planning for people opening a new small business. He turns practical business questions into clear planning steps, with a special focus on first-year business planning. Known for making business planning easier for non-finance readers, he writes in a calm, structured, and approachable way.