Entrepreneurs are looking for ways to combine related services in the bid to maximize…. Do you want to start a truck wash business and need to write a plan? If you want to carve a niche in the car wash and auto detailing industry, then you should look towards starting a truck wash business and…. Do you want to start a bike shop and need to write a business plan? There are businesses that someone with little schooling, little training and no serious business background can start.
One of such businesses is a bike dealership and…. Do you want to start a Quick Lube company and need to write a business plan? Businesses in this industry are very important to the general automotive industry. The process of changing the oil in a car can be very daunting….
Are you about starting a waterless car wash company? Entrepreneurs are looking for ways to render same services in unique ways and one of such services is…. Are you about starting a salvage yard company? Salvage yards purchase unwanted, used, wrecked or junk vehicles, strip them of all usable parts and components, which are then refurbished, sold, or recycled.
If you are interested in starting a…. Are you about starting a vehicle testing station? Okay, so we have considered all the requirements for starting a vehicle testing station.
We also took it further by analyzing and drafting a sample vehicle…. Read More Are you about starting an autonomous vehicle company? Okay, so we have considered all the requirements for starting an autonomous vehicle business.
We also took it further by analyzing and drafting a sample autonomous vehicle production marketing plan…. Are you about starting an alloy wheel repair business? Okay, so we have considered all the requirements for starting an alloy wheel repair business.
We also took it further by analyzing and drafting…. Are you about starting a lubricant oil business? Okay, so we have considered all the requirements for starting a lubricant oil production business.
We also took it further by analyzing and drafting a sample…. Are you about starting a party bike business? A good party bike business owner should have an engaging personality and be motivated to deliver exceptional customer service.
You should also be based in an environment…. Are you about starting an ATV rental company? Okay, so we have considered all the requirements for starting an ATV rental business. We also took it further by analyzing and drafting a sample ATV rental business…. Are you about starting a valet parking business? Okay, so we have considered all the requirements for starting a valet parking business.
We also took it further by analyzing and drafting a sample valet parking business marketing…. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.. In the United States there are over 5, established businesses that actively engage in the sale of used automobiles.
The industry grows at an annual pace of 4. This trend is expected to continue as the availability of the Internet has made it easier for businesses to target individuals seeking to purchase and rent automobiles. Overall, the market for all pre-owned cars has had resilient growth in the last decade.
The advent of the Internet era has created an excellent system that fosters the fast, economically efficient sale of used vehicles. This trend is expected to continue as the overall productivity increases with a corresponding increase in the gross domestic product. In this section of the analysis, you should describe the type of customer you are seeking to acquire. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.
This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. The Automotive Dealer intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market.
Below is an overview of the marketing strategies and objectives of the Automotive Dealer. Doe intends on using a number of marketing strategies that will allow the Automotive Dealer to easily target men and women within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet.
Below is a description of how the business intends to market its services to the general public. The Automotive Dealer will also use an internet based strategy. This is very important as many people seeking local services, such as automotive dealers, now the Internet to conduct their preliminary searches. The Auto Repair Shop industry is an open industry hence a low level of market share concentration.
Even though large automobile companies operate in the industry , revenue is also spread among thousands of small auto garages and even mobile auto repair businesses. As a matter of fact, no single auto repair shop or auto company can account for more than 5. This is the reason why smaller auto repair shops accounts for a large percent of the players in the auto repair services industry. The Auto Repair Shop industry has grown steadily over the last five years and it is projected to continue to enjoy steady growth.
Individuals and businesses have increased demand for auto repair services, as rising per capita disposable income and corporate profit encourages consumers to opt for auto repair and maintenance services over do-it-yourself repair.
Going forward, disposable income levels are expected to continue to grow, encouraging some consumers to spend more on the maintenance and repair of their automobiles. There are about , registered and licensed auto repair garages in the United States and they are responsible for employing about , people. Over and above, the auto repair shop industry is very open to any aspiring entrepreneur who has acquired the required trainings, skills and perhaps professional certifications to start his or her own auto repair business and of course make good money from the industry.
S based and licensed auto repair garage. We have been able to secure a standard and well — positioned garage facility in a central and busy district in Fairhope — Alabama. We are an auto repair services company that is set to compete in the highly competitive and fragmented auto repair and maintenance services industry not only in Fairhope — Alabama, but also throughout the United States market because we intend opening our outlets in key cities across the United States.
Our business goal is to become one of the leading auto repair garages in the United States and we will make sure that we do all we can to compete favorably with leaders in the industry such as Jiffy Lube, Midas and Monro and also automobile manufacturing companies who have services centers.
Our workers are going to be selected from a pool of certified and highly experienced auto repair engineers and technicians in and around Fairhope — Alabama and also from any part of the United States of America as the business grows. We will make sure that we take all the members of our workforce through the required trainings that will position them to meet the expectation of the company and to compete with leading auto repair garages and services centers in the United States and throughout the globe.
We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for all our partners, employees and for our clients. Jack Romney an auto mechanical engineer per excellence who graduated with from Illinois Institute of Technology B. Our products and services are listed below;. We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own.
This is why we are committed to only hire the best hands within our area of operations. As a matter of fact, profit-sharing arrangement will be made available to all our senior management staff and it will be based on their performance for a period of five years or more as agreed by the board of trustees of the company. In view of the above, we have decided to hire qualified and competent hands to occupy the following positions;. Our core strength lies in the power of our team; our workforce.
We have a team of certified and highly trained and experience automobile maintenance and repair engineers and technicians, a team with excellent qualifications and experience in various niche areas in the automobile maintenance and repair service industry.
Aside from the synergy that exists in our carefully selected workforce, our services will be guided by best practices in the industry. The industry is highly competitive with suppliers having a great deal of power in setting and negotiating the prices of their products and services to repair shops.
Finally, the barriers to entry are moderately low, and the large number of competitors in this field, including substitutes such as do-it-yourself work mean that the pricing for such services are very competitive. The only way to have an advantage in this industry is a low cost leadership principal applied aggressively or to create higher switching costs through the building of strong business to customer ties.
Each job or project will be on a reservation basis, although we will accept a small percentage of drive in repair work. The auto repair industry is highly competitive.
Each company within this field has high capital costs, low margins, and a high intensity of competition. Suppliers have a great deal of power in setting and negotiating the prices of their products and services to repair shops. This is due to the fact that the suppliers who absorb the greatest amounts of cash from repair shops are large auto part companies.
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