For most people, owning a successful business is a dream come true. And if you are working on becoming a mechanic or already are, reaching that dream becomes real. This gives you the opportunity to set your own set of rules like working hours and determine the pricing. In this way, owning an auto repair shop takes you one step closer to taking control of the future. But before you start to think of the load of money you will be earning, you must follow the following steps with precision.
#1. Certification: An Automobile Service Excellence or ASE certification is not required to set up an auto repair shop. But the circumstances might seem to be formidable without it since insurance and financing become increasingly difficult. The certificate gives customers a sense of confidence in your work and is an essential marketing tool. In order to apply for certification, you will need a minimum of two years of legitimate educational experience along with a year as a professional.
#2. Cost of The Start-Up: getting to know the total cost of opening an auto repair shop and the turnover for the first quarter before investing even a penny into the system. This is vital because there is no going back once the business starts. And you might lose out of funds even before the whole project takes off. This finally leads to a huge loss of money with no fruit whatsoever. There is no concrete approximation of the whole venture, but the total cost estimated can be anywhere around fifty thousand dollars. This estimate can change considerably depending upon the amount of work that needs to be put in while repairing the damages in the building you buy.
#3. Should You Opt Out of Specialization?
The ASE certification is divided into 16 categories with specialization in the following, namely:
Automobile
Medium-heavy truck
Transit bus
School bus
Collision repair
Truck equipment
Specialization in auto repair can be achieved in the repairs of specific car manufacturers. If you think of taking on the certification, you might be helmed for being the best at one particular job, but the shop might lose out on other businesses. Before opening, you should know the extent and scope of services that are deemed to be offered. If you are set on the ASE certification, make sure you opt for the services that have been popular in your location. This will ensure that you do not miss out on business.
#4. Legal Advice: there are a lot of aspects to be kept in mind before starting an auto repair business. Obtaining a business license is one of the foremost duties of one. Also, look into the open accounts to ensure the payroll to work smoothly and the liability insurance that will be required in your income cap. A lawyer is highly recommended during times like these because they can help you avoid logistical problems before you set up the business.
#5. Promotion: All auto repair shops traditionally do not fall under conventional advertisement. But this must not dictate the way you want to present your business to the rest of the community. Host a grand opening so the locals can drop in to see the services that are on offer. Local newspapers have classifieds where you can post an ad. But mainly, these shops need to depend on word of mouth because of their exemplary work for previous customers. This will also give you an idea of the turnout you can expect from here on.
#6. Concluding Thoughts: There is always required for an auto repair shop that can guarantee quality services. People only trust a professional and competent workshop when it comes to their car repair, having a state-of-the-art workshop will always help in boosting your business.
Comments