Originally posted here by nihil
Well, there is no answer really: I would suggest:

1. Get copies of local newspapers and check prices.
2. Call visit a few local shops and get pricelists from the competition.
3. Decide if you are going to work onsite or from a base. Will this be home or rented?
4. Employing staff?.............how much will they cost?
5. Taxation?
6. Professional services?
7. Overheads (insurance, electricity advertising etc............)
8. How much does he want to pay himself?

Build a business plan............that will tell you what you have to take. Work out how many customers you expect and divide that into the first figure, and that is how much you will have to charge each one, on average..............will your customer volume and business mix handle that?

You then have to find the finance to start the business...............

And remember you will probably be competing with part-timers with no overheads
Well there should be some standards with regards to pricing a range for e.g.
Antivirus and spyware=50-75$
Data recovery= 60-100$
Web Design= $500-1000$ for general construction and 30$ an hour for enhancements (Flash, graphics etc.)

Many of the services intended to offer aren't available/offered in the market in the Bahamas (an Island there) like the data recovery and digital photography and networking services.

As far as financing and building both are secured. the building is personally owned and the finance has a limit of about 40,000$ (initial capital)

The business plan is being created this is why he was inquiring about services cost and prices.

Well, thank you for the input given I am sure he will be very grateful.