If you are madly in love with motor vehicles and have a comprehensive knowledge backed by some professional training about the mechanics of these wheeled metal beasts, you might have considered about starting a repair shop of your own to do what you do best for a living. The tricky part is knowing exactly when to start things off and how. Between 1990 and 2010, the number of vehicle owners in the world doubled in number, which means there’s a whole lot of vehicles out there which are at least 10 years old and in need of a car-doctor’s healing touch, and that’s where you come in. Given the state of the market and the high demand for mechanics, there really couldn’t be a better time for you to introduce yourself to the industry and establish the business as a reliable one. In this article, I will help you out by giving a few pointers to make the job easier.
Select the ideal location
Your automobile repair shop must ideally be located in an area where there is an adequate number of vehicle owners that will generate a constant inflow of business. Always try to buy a current repair shop in the area rather than building it from scratch because it will be a lot less time consuming and cheaper as you will not have to spend time looking for building contractors or workshop benches for sale, which will delay the commencement of your business operations. Keep in mind that the establishment must not only suffice space for mechanic work, but also for the administrative work which is an integral part of any enterprise.
Find the right tools for the job
As discussed above, leasing a current repair shop rather than building one of your own will save thousands of dollars which otherwise would have been spent on infrastructure. However, this won’t prevent the incurring of the unavoidable costs of the essential mechanical tools that are needed for operations. Installing a car lift, purchasing Graco pumps or a specialized set of mechanic’s tools will definitely set you back a few ten thousand dollars. Which is why it’s important to make the right tradeoff between buying and renting to save costs when possible.
Meet the legal requirements
A license must be obtained from the relevant motor vehicle authority of your state before you become a legal business entity. The first step is to fill out the applications, after which you must prove your eligibility to run an enterprise by verifying your age, professional competencies, former business activities, criminal record and the credit card record. If you meet all these criteria successfully, you will then have to make the necessary fee payments to the authorities, after which your business will be identified as an official one.