Roughly 92% of American households have one or more vehicles. We use our cars nearly every day for everything from commuting to work to going out with friends. Some vehicles are also used for towing campers, off-roading, carrying heavy payloads, and more.
While most modern vehicles are incredibly reliable, there will come a time when they need maintenance and repairs. For that, most vehicle owners rely on professional mechanics, not having the knowledge, tools, or expertise to do it themselves.
In other words, if you have the best auto repair shop in town, you’re going to make a killing. But how do you go about starting a business in the automotive industry?
We’re here to help you answer this question. Keep reading for a quick guide on how to go into the business of working on cars.
Get Certified
Before you can open up the best car repair shop, you need to get licensed and certified. Decide what type of mechanic shop you want to operate. For example, different mechanic certifications vary from auto body repair and A/C repair to electrical repair and engine repair.
Although, if you’re hiring multiple mechanics, it makes sense to hire people with different backgrounds and certifications to diversify your shop. You’ll also need a business license and garage insurance.
Research the Local Market
Market research is essential for starting a business of any kind. You need to know what the local automotive industry looks like before investing in an auto shop business. For example, how many other garages are in town?
You also need to spend time researching your target market, marketing strategies, and operational costs. The more you know about running a garage, the more likely you will be to establish the best auto repair shop in the area.
Write a Business Plan and Apply for Funding
If you’re like most new business owners, you’ll need to take out a business loan or find investors to fund your startup. Writing a professional plan is the first step. Using your market research, create an in-depth plan highlighting:
- You business structure
- Your products and services
- Your target market
- Your marketing plan
- Your cost analysis
- Your funding request
- And more
The more thorough and well-researched your business plan is, the more likely you’ll be to receive funding. Investors and lenders need to see that you’re knowledgeable and that your prospective business has potential.
Establish Your Auto Shop
Finally, before you can start fixing cars, you need to get your auto shop set up. This means finding a commercial location and making the necessary modifications. For example, look here if you need to purchase and install a commercial garage door.
You also need to think about tools, equipment, office supplies, and staffing. And of course, now is the time to start implementing your marketing plan.
We recommend starting small and growing your business as you make a name for yourself in the community and establish a customer base. Don’t take on too much overhead right out of the gate.
Are You Ready to Start the Best Auto Repair Shop?
If you want to start the best auto repair shop in your community, don’t let anything stand in your way. Follow our guide to hit the ground running.
And if you’re looking for more startup advice or small business tips, you’re in the right place. Check out some of our other articles before you go.
