If you’ve always wanted to own your own business, it can be thrilling to consider the possibilities of working for yourself. One industry that is always in-demand is automotive repair. From routine check-ups and oil changes to more serious repairs and troubleshooting, auto shops are a necessary aspect of many drivers’ lives. One area to consider setting up your own car repair shop is Michigan, known for its auto industry. In the current economy, the time is right to make big moves and follow your dreams, assuming you have a proper game plan. Here are some tips to consider when you’re looking to open your own car repair shop in Michigan.
Know your field
One of the most important aspects of starting any new business is to know your field. There’s a considerable amount of technical knowledge required in order to properly run a car repair shop. Whether you’ve trained as a mechanic, have never repaired a car in your life, or just need a refresher, there are plenty of automotive, diesel and collision repair academic programs available to enroll in to help keep you up to date. It’s also worth considering whether or not you want to focus on a specific area like collision repair or are more interested in taking a broader approach to car repairs. Selecting a niches can have its benefits, and may even help you market your business better.
Get a loan
The next step to help get your car repair shop going is getting a loan. More and more small businesses are needing loans to get their companies started, and the automotive repair industry is no different. Starting a new business has a lot of overhead and the potential for unforeseen costs, and you don’t want to have to throw in the towel just because of the expenses. From hiring employees to leasing a building and purchasing equipment, a loan from a trusted, local source can go a long way in making your dreams a reality. So call up your local Middleville, MI credit union or other bank and get the financing you need to succeed.
Make sure your building is up to date
Another important tip when starting a new business is to make sure that your building is up to date. Many times, this requires renovations, or at the very least a couple of inspections to ensure that everything is up to code. You certainly don’t want to risk being liable for an unsafe place of business, since car repair shops are public facing institutions. Talking to an HVAC contractor in Michigan is a good way to ensure that your building’s heating and cooling system is working properly. You may also want to double-check that the building is wired correctly with an electrician, since many of the tools and pieces of equipment in an auto repair shop require considerable amperage. If renovations of your building are necessary to add extra garages or features, it’s easy to find contractors or a construction company in Kalamazoo, MI who are able to assist you in making the necessary changes. Remember that your building’s functionality and appearance will play a big role in how your customers perceive your new business, so don’t overlook these important details.
Starting a new business can be as rewarding as it is challenging. In a state like Michigan where the automotive industry is still thriving, an auto repair shop can be a great way to make your businesses of working for yourself and running a company that helps others a reality. Make sure that you bring experience in the industry to your company, and take out a small loan to help finance your rental, renovation, marketing, and employee fees, and do your research before you dive in to your exciting future. With simple planning and a clear strategy, you’ll be well on your way to living the American dream!
