Tire repair business plan

These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings Source for soft loans from family members and friends Apply for loan from my Bank N. My background is engineering and I have led engineering teams, but this is my first experience in a retail auto service business and owning my own business.

Tire repair business plan

Texas residents, for instance, must submit an annual application to the Department of Building Safety in order to get licensed. Used tire stores, for instance, usually sell, install and repair these car parts. You will need plugs and patches and the ability to pull the tire off the rim and remount after completing the repair. This is where most of the market demand is. Purchasing the space is ideal as an investment, but leasing is common, especially for a new business with limited capital. Using the business plan as a framework simply focuses that thinking more easily. Understanding how to properly and safely perform a tire repair according to industry standards is a key aspect of this. To allow convenient bookings for service and repairs. Whether you want to quit your day job or make some extra money, you can start a tire business in a few steps. At All Tire Supply, we provide a complete range of tire maintenance supplies, tools, and equipment via our Houston Texas storefront, website, or through our mobile warehouses which serve south Texas. Who is your target market? In other to continue to be in business and grow, we must continue to sell the tires that are available in our store which is why we will go all out to empower or sales and marketing team to deliver. Taxi and car hire companies Our Competitive Advantage A close study of the tire retail shops industry reveals that the market has become much more intensely competitive over the last decade. You now have something real against which to compare it. Tire Shop Business Plan Through management and development strategies found in this free, printable business plan, tire shops can gain a competitive edge in the automotive and vehicle repair market.

Plus, you'll have to find a reliable supplier, negotiate the price and pay for shipping. Also, advertise your tire shop in local newspapers.

tire shop business plan sample pdf

A two stage air compressor is also needed. How and when to build a team Used tires businesses usually have a small team of employees from the outset.

Tyre shop business plan in india

The Mad Keen Motors website will act as an additional customer service element for all our garages, offering basic advice on car maintenance, information about our services, staff, and location, and regular discount offers for website visitors on featured repairs and maintenance. Our current phone-based and face-to-face customer service is excellent, but requires that potential customers make active contact with the company to learn about us. You also need weights to balance the tire on the rim. Tire Shop Business Plan — Sustainability and Expansion Strategy The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. You can fill a single niche or multiple, depending on your capital investment abilities and marketing. Please note that this amount includes the salaries of all the staff for the first month of operation. Our Pricing Strategy Aside from quality, pricing is one of the key factors that gives leverage to retailing business such as tire retailing business, it is normal for consumers to go to places tire retail outlets where they can get tire at cheaper price which is why big player in the auto tire retail shops industry like Discount Tire, Sumitomo Corporation and co will attract loads of corporate and individual clients. A two stage air compressor is also needed. A few important topics to consider are: What are the initial costs? My District Manager Warren is a great guy — he helped me with the hiring of my initial team, gives advice on various issues whenever I ask, has been here to help with the training process, and is always available for questions and to help with any issues that arise.

Optimize your website and social media pages for the search engines. To expand the community of Mad Keen Motors customers. What are the costs involved in opening a used tire business?

how to run a successful tire shop

With this support and hard work, I was able to grow into 3 stores in less than 3 years with a plan for more on the horizon.

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How To Start Your Own Tire Repair Shop in 5 Steps