If you are passionate about cars and a wizard at car repairs, you should open your own small car repair shop to start with. This way, as against working in an authorised garage or service station you will be your own boss and can keep your convenient working hours. However, it is easier said than done. You have to first ensure that your business plan is optimised enough to cover all your expenses with a little left over for yourself.
Here are some tips to help you open and run your own small car repair shop and make a success of it.
- Decide the scale and scope of your business – There are a number of points that need to be addressed first. Decide on the initial scale and scope of your business. How many cars do you plan to service in a day and how many mechanics you plan to hire? Will you offer a few specialised services or comprehensive repair jobs? For example you can opt for oil changes, tyre repairs and car air conditioning regas or full blown car repairs and maintenance jobs.
- Decide the type of business – This will largely depend on your financial position. You can either take over a currently running repair shop or you can start one from scratch. Or you can even join a reputed car repair chain as a franchisee. The fees for doing so may be a bit steep but then they will do all the marketing for you and ensure that you quickly become a profit generating entity. However, if you are already an experienced and well trained mechanic in Yarraville or anywhere else for that matter, starting a brand new shop in your own specific mould should be your first option.
- Decide on a potential location – This is very crucial and can make or mar your business. Look for a location that is near the highway or has easy access to main roads. Customers usually avoid repair shops at isolated locations because of the extra additional expenses of taking the car there if it has to be towed. Further, look for premises that can house apart from the workshop a small office space for administrative work and a waiting room for customers.
These are the basic points that should be focussed on. Other important tasks before you are arranging for finance, buying equipment and tools and devising effective marketing strategies for your small car repair shop.