large investment > Spare Parts For Auto Shop As A Business
Spare Parts For Auto Shop As A Business
Lots of car lovers dream how they will open their own spare parts shop, and it is not so difficult as it can seem.
So lets figure out what do we need to start our own spare parts business.
First of all you need to realize that spare parts for auto shop does not fit every person, you need to be a passion car lover, so you will spend all your free time with cars.
You need to realize what is your primary aim. You can make good shop for usual cars or for sport cars.
Only after understanding your primary aim, you can go further.
You will need to find good place for your spare parts shop.
After finding good place, you will need enough workers, and you will need professionals, and it is not so easy as you can think.
And you need to realize how fast you will need your money back, and how many loyal customers you will need to have enough money.
You need to realize, that without business plan it will be really difficult for you to understand how much money you will need to run your business for the first time.
People say that you will need something about 120 000 dollars. And this sum is without salaries of your future workers.
Auto spare parts is a very changeable business, and you need to check it all the time.
If you want just to hire workers and get profit, it is not that business. You will need to be present in your office almost all the time.
If you don’t like cars, you will hate this business and there will be no good for your investment.
Usually your regular customers will be common people, but sometimes some professional street racers will be your customers, but not often.
Be prepared for a very high competition, because this market is very compatible.
You will need to work almost 24 hours a day without days off, because cars need repair almost all the time, and it doesn’t depend on time and day of the week.
Really good idea is to add an internet shop to your regular spare parts shop, and in this case you will sell much more.
There are lots of Americans who live in small towns and it is difficult for them to go and buy spare parts for their cars.
Anyway you will need really good software for you shop, because you will need really good database of your spare parts.
And without really good software it will be really hard to work in such business.
You will need really good relationship with suppliers, because it is crucial to have all spare parts that you need in your storage.
Don’t forget about marketing, marketing is really important in such business, if you will have good and popular brand, your business will prosper.
Accountancy is important also so don’t forget to hire really well qualified accountant.
But anyway this business is very interesting, and everything will be OK if you will understand all ins and outs of this business.
