At SMA Hummer, we love to share our experiences with our readers. One of the questions that we got all the time is regarding tips for opening auto shop. So here they are.
Our tips for opening a auto parts shop in a small plaza begins with choosing the perfect location for my business. When I started my auto parts business, I started by determining the saturation of auto parts stores in and around my prospective area of business. I also researched on my kind of prospective buyers, including their purchasing ability. The zoning commission in my town was very helpful in providing me with this information.
Once I had settled on a particular location, I now needed to find the best office space for my business. Being an auto parts store, I figured that customers would be more attracted to a ground floor shop as opposed to one that is on the top floor. This is because they might be ordering bulky or heavy items, and a ground floor store would be more convenient.
I also conducted a market research in order to create my market entry strategies. To assist my market research, I read the US Automotive Parts and Stores Report of the year. This assisted me in identifying my competition. Since my store was going to be near some major players in the industry, I came up with a strategy to ensure that my store was viable. I also studied the niche that was being served by my competitors, including their marketing strategy.
I also had to come up with a business plan, which demonstrated the viability of my business. The business plan could also be used in case I needed to borrow money to finance my business. Fortunately, one of my neighbors has an MBA and she was kind enough to write the business plan for me without charging me a cent.
My next step was to obtain the required business permits and licenses. Rules and regulations for obtaining such permits and getting a business registered will vary from state to state. Sales tax registration is a requirement since I was going to be selling auto parts. A separate license might be required for selling second hand auto parts.
Once I had obtained the necessary permits and licenses, it was time for me to hire a cashier and sales personnel. I conducted interviews and found employees who are familiar with mechanics and replacement of auto parts. It also helped that these people were trained in repairing and maintaining vehicles.
I also needed employees who could build lasting relationships with customers, just like the ones in the store next door, selling hair care products. The lady at the shampoo and conditioner shop was so friendly that she become a good friend right away. She also shared lots of useful knowledge about choosing the right shampoo and conditioner. most of it she said she learned from this website. Here is the recommend reading for my wife on choosing deep conditioner. She is friendly and outgoing and she make each customer feel special. When I opened my store to the public for the very first time, I hung a huge banner outside my store letting all vehicle owners know that there is a new sheriff in town.