Most mechanics are working hard for someone else and may be not satisfied with the current income. If you have the expertise in car repairing and accumulated a certain amount of experience in this industry. You can consider opening your own auto repair shop. According to the estimation from U.S. Small Business Administration, there were more than 160,000 automotive repair and maintenance businesses, accounting for revenue of approximately $80 billion. And although the gasoline price went high, driving a car is still the top choice for a lot of people for transportation. Hence you can see the opportunity and great potential in making a fortune in this business.
Starting a car repair shop is not as difficult and complicated as you imagine. Of course it needs a great amount of time, effort and start-up fund, which is the cost for success. Picture this in your mind. Open a car repair shop, work hard for yourself, and build a career. All the effort will be worthy.
First of all, you need to make a business plan. As the saying goes, if you fail to plan, you plan to fail. You need to determine your target market and the scope of your future auto repair business. Some mechanics or auto repair shops are specialized in a certain field, like oil changing or engine rebuilding. And the others choose to work on all kinds of types. Once you complete your business plan, you would have a general idea of how much money you need to prepare for the opening. It will cover the renting fee, the money used to buy the necessary tools, and the salary for first several months. Talking about the tools and equipments, it is really pricy in this respect. It is estimated that it will cost you about $5000. However, these tools are necessary in your business, especially the car diagnostic tool. Do a little research in different stores and try to get the most competitive price. Shopping online isa smart choice, which can help you save a lot. Autelonline.com is a professional website offering a selection of auto diagnostic tools. Take a look and you may save a certain amount in tools.
The next stop is hiring people. Since you can take the responsibility of mechanic yourself, it is highly suggested that you should complete Automotive Service Excellence certification, which is very helpful in getting liability insurance, bank financing, parts distributorships and trust from customers. If you plan a extended business scope, you need to hire more mechanics better with ASE credentials. Besides, you also need to hire a person who takes care of explaining repairs to the customers and an employee who will manage the front desk and collect money from the customers. Then it comes to the big decision. Where to locate your car repair shop? Location is a decisive factor in your future revenue. It is better to find the place with a certain amount of traffic.
Marketing is an important step as well. You should let people know the existence of your shop, build its reputation and thus attract more and more customers.Flyer is a good choice. In addition, you can do a little SNS marketing, say, facebook and twitter. However you should remember that the top priority of a successful business lies in the quality. If you insist on offering quality service to the customers, you will win a lot of returned customers and words of mouth will lead to a lot of new customers.
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