Tag Archives: repair

Businnes Plan

Auto Repair Service Business Plan


Auto Repair Service Business Plan


Opportunity

Problem

There is an increasing demand for auto parts and repair services due to the high commuter traffic. Convenience is a must for most middle and upper-class consumers and travelers. Where can they go to meet their needs?

Solution

Quick and Dirty Auto Repair strives to provide high-quality auto repairs and a wide range of auto parts. QDAR strives to provide personalized service for its customers through convenience and fast service. QDAR has a computerized inventory monitoring system that ensures parts are always available. This allows for a balance of inventory and a high level of service to maximize inventory turnover. QDAR also has strong relationships with vendors that are service-conscious and capable of expediting major parts (most cases, within an overnight time frame).

Market

There is a lot of competition in the market for parts and auto repair services. Many shops sell either auto repair services or parts. QDAR has a niche that offers both auto repair services and parts in one convenient location. QDAR’s services will be offered to middle and upper-class customers. They are less sensitive to price because they value convenience and quick turnaround on any make or model of vehicle.

Our Competition

Quick and Dirty Auto Repair aims to offer high-quality auto repair services and a full range of auto parts. QDAR provides quick and convenient service while focusing on customer service. QDAR is also technologically proficient with computerized monitoring all parts inventory. This ensures that parts are always in stock while maintaining a balanced inventory level to maximize inventory turnover. QDAR has excellent vendor relationships with highly service-oriented vendors who can ship major parts quickly (in most cases, within an hour).

There are more than 400 auto repair shops and auto parts suppliers in the local region. Only 25% of these competitors offer both automotive repair services and inventories. Only a small number of these companies are major national chains. The rest are small, privately-owned businesses. QDAR is a strong competitor by its focus on convenience and excellent customer service. Additionally, its honest reputation will be a major factor in repeat business and building a large base of regular, loyal customers.

Why Us?

Quick and Dirty Auto Repair provides high-quality, reliable auto repair services and a wide variety of auto parts. QDAR prides itself on providing fast and efficient service. QDAR is also technologically proficient with computerized monitoring all parts inventory. This ensures that parts are always in stock while maintaining a balanced inventory level to maximize inventory turnover. QDAR has excellent vendor relationships with highly service-oriented vendors who can ship major parts quickly (most times within an hour).

Expectations

Forecast

QDAR’s analysis is based on the averages of the first-year figures for total sales by units, and for operating expenses. These conservative assumptions allow for a better estimate of the real risk.

Financial Highlights by Year

Financing is Required

Our investment was $250,000

Jake Brakes $62,500

Blair Horn $62,500

Yugo Ford $62,500

Gaz Motor $62,500


Businnes Plan

Auto Repair and Car Wash Business Plan


Auto Repair and Car Wash Business Plan


DIY Wash N’ Fix is a new concept in auto care. As evidenced by the rise of DIY housing suppliers, the Do-It Yourself (DIY), market is becoming more popular in America. There is still a need for DIY auto repairs. Currently, firms sell auto parts and tools but not the actual work. Therefore, our business idea is to provide a professional environment in which to wash, paint or repair your automobile. DIY Wash N&#8217′ Fix is a good idea because of the current economic slowdown. This could influence consumers to change their spending habits. Assuming someone has the required skills or the desire to learn auto repair, they will likely be inclined to use our facility to cut costs. The sales of after-market parts for autos has been growing, which shows Americans’ willingness and ability to fix their cars. The car wash industry is attractive, because it generates steady profits on little additional investment. A lot of the businesses in the carwash and auto repair industries are currently owned by retirees. This makes them a great place to make excellent acquisitions.

DIY Wash N&#8217′ Fix targets a particular market that wants to repair their cars but lacks the space or equipment. This market is growing because so many people live and work in urban areas that don’t allow for on-site car repair. The target market for our business is 90% of males between 18 and 55 who earn between $20,000 and $40,000 annually. These demographics are the reason we chose Texas, Florida, or California to locate our facility.

DIY Wash N&#8217’ Repair is a brand new and exciting concept. We estimate that it will be profitable. The fact that we are the first in this business gives us a first-mover advantage over any competitors that may follow.

1.1 Keys to Success

These are the key success factors of this industry:

  • High quality service
  • It is a good business practice.
  • Skilled workforce
  • Marketing efforts/information to customers
  • Modern technology has enabled the production of advanced equipment.
  • Awareness of environmental issues

These trends offer some reasons to believe that our business will succeed. We are seeing the American economy slow down and possible rising costs for our rivals (technology, labor environment, etc.). will facilitate the growth of the DIY business. Additionally, people may distrust certain repair shops due to their bad reputation. In terms of projected profits, the repair industry can be a great investment.

But, there are two main threats. First, people may not be able to repair their cars on their own due to the advancement in technology. There are laws in many states that require regular inspections of safety and emission levels. These will be required by traditional garages even for regular customers.

Car Wash Competitors

  1. Single-activity Car Washes: These are typically private-owned businesses which offer car wash service only.
  2. Multiple-activity car washes: they are chains that offer many services; for instance, AAA, a California based car-care facility, has recently announced the opening of a full-service car wash, in addition to its repair services, shops, free Internet access and children’s play area.

In terms of number, the multiple-activity car washes have a smaller pool. They are, however, more similar to our business process and therefore are considered the main threat.

1.2 Objectives

It is appropriate to discuss the risks inherent in our business model. Our plan assumes that there is a part of the population that can do basic repairs on their vehicles, but they are limited by lackof proper workspaces and the right tools. Appropriate pricing is an important factor in our success. This allows us to attract and maintain this customer segment. Unexpected expenses can be a problem in any business, so we need to plan for them.


Businnes Plan

Automotive Repair – Sales – Valet Business Plan


Automotive Repair - Sales - Valet Business Plan


Mad Keen Motors is an established family business in Backwater Downs. It is located in a suburb near London. It has been under the ownership of the Keen family for 35 years and has grown from a single mechanical repair shop to five locations that deal with body and mechanical repairs, vehicle storage and towing, washing and valeting and used car sales.

This plan, which is internal, outlines the implications of the addition of a website for the company. 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 phone-based and faceto-face customer service are excellent. However, it is important that potential customers get in touch with the company to learn more about us. Most of our new business comes from referrals from current satisfied customers. We hope to make the referral process easier, by encouraging existing customers to point out our website to their friends, colleagues, neighbours and family members, building familiarity with our company long before they need emergency car care or consider buying another car. The “advice” section will be crucial in establishing customers’ trust in our expertise, as will our affiliation with nationally-syndicated car experts.

Mad Keen hopes to create trust and relationships by helping customers in their locality.

1.1 Mission

Mad Keen Motors provides excellent automotive care and service to all of our customers, whether they need to buy a used car, contract major body work or get a simple wash and wax.

1.2 Keys to Success

The website of your company will be a key to its success

  1. Compiling an extensive and thorough listing of questions and answers that will encourage customers to return to the site whenever they have a problem with their cars.
  2. Providing additional expert advice for answers that customers don’t find in the base list of questions in a timely and thorough manner.
  3. Web-based promotions to encourage customers book cars at the garage through the site.
  4. Notifying the residents and businesses of the surrounding area about the existence the site.
  5. Recommendations from existing customers are encouraged.

1.3 Objectives

The objectives of the Mad Keen Motors website are:

  1. To increase traffic to the garage website.
  2. To increase Mad Keen Motors’ customer base.
  3. Customers will find a large number of questions and answers about common car repairs.
  4. For service and repair bookings, please use the convenient form below.


Businnes Plan

Electronics Repair Shop Business Plan


Electronics Repair Shop Business Plan


Tucson is an Arizona start-up located in Tucson’s West end. The company specializes in the repair and sales of home electronics, specifically home entertainment electronics, including TV, DVDs VCRs and CD players.

People who value their entertainment equipment will be our target audience. We’ll also focus on people who own more expensive electronics and where repairs would be cheaper than replacing them. For example, many low-end VCRs are so cheap that it is more economical and more convenient to buy a new one than to have an existing one repaired.

James Munroe (retired Navy Commander) is the founder and manager of the company. He holds an engineering degree from University of Texas-Austin in electrical engineering. He is an electronics technician certified by various brands. His son will assist him in running the business and growing it.

1.1 Objectives

Tucson Electronics (TE), a growth-oriented company, is a great example of entrepreneurship. Its goal over the next ten years is to be a leader in TV/VCR/home Stereo repair in the region, with stores in Tucson and Phoenix. The following are the goals for Tucson Electronics over the next three-years:

  • Achieve steady growth in sales revenues by year three.
  • By year five, you will have a market share of 20% in the Tucson area.
  • Expand product lines to include authorized satellite installation and new home entertainment electronic sales.

1.2 Mission

Tucson Electronics mission is to provide affordable, high-quality and efficient TV/DVD/VCR repairs and other home electronics services at a fair price. Trust is the most important aspect to our business. It is the goal of our firm to have 100% customer satisfaction in regards to quality, friendliness and time to completion, and discover new ways to exceed the expectations of our customers while doing so at the lowest possible cost.

1.3 Keys for Success

One customer is all that is needed to build a client base in the TV/VCR repair sector. This can be done mostly through established marketing techniques (ads or billboards). The keys to success in Tucson Electronics are these:

  • High-quality work.
  • Pay attention at all times to professional appearances
  • Knowledgeable technicians that are friendly, customer oriented, and will take the time to explain to customers the intricate nature of our business and our work.
  • Maintaining a highly aggressive managerial oversight on costs to provide our services at the lowest price.


Businnes Plan

Computer Repair Business Plan


Computer Repair Business Plan


Opportunity

Problem

We depend on our computers. Finding reliable expertise is a problem for anybody who doesn’t have a direct channel via a company, employer, friend, or relative. We solve that problem.

Solution

PC Repair offers technical support (repairs/training, networking and upgrades) to both local businesses and individual PC users. The company’s marketing strategy will be focused on quality, responsiveness, customer service, and building and maintaining customer relationships.

Market

The very nature of the computing industry, with its extraordinary rate of technological development, creates a constant need for businesses skilled in updating and advising customers on computer-related issues. The majority of potential customers in town are unhappy with the existing options. This creates an opportunity for innovative start-ups. Our revenue comes from small business users of PCs. Business Week anticipates that the computing industry will grow at a rate in excess of 12%, and that processor speeds will continue to increase for many years to provide a rich resource for sales.

PC Repair has decided to focus mainly on the small business market, as these customers typically don’t have a full-time IT person, but have full-time IT needs. PC Repair will offer an affordable, on-demand service for these customers. We also offer maintenance plans that can generate additional monthly income. We will provide a cost-effective and efficient service for residential customers. Our schedule is flexible to suit their needs. Our target market will focus on Ramsford-on-Bitstream and the surrounding areas. Market research shows there is ample business for a small company like PC Repair.

Competition

Secondary market research shows computer service customers tend to be very loyal to providers that do good work and satisfy their needs. Our local competitors are weaker than ours, so PC Repair’s strengths do not seem to be overwhelming.

The computer maintenance and repair industry is fragmented, with a few large, national players and hundreds of small, local stores. The majority of computers are repaired in-store near customers. Parts for the repair come directly from the major manufacturers or distributors. However, delays in receiving the necessary parts can dramatically slow down repair times. Large chains have solved this problem by keeping vast amounts of inventory in stock at all times, while local stores offer customers the trade-off of personal interaction and trust that may make up for some delay.

PC Repair has established a close relationship with a local distributor that allows us to perform rapid special-ordering. While this service is more expensive than traditional channels, it will help us quickly establish a reputation as being efficient and responsive for customer needs, especially for small business customers. This customer loyalty will help us grow our business through word of mouth and steady growth.

Why Us

PC repair will set a new standard for on-site computer solutions. We offer fast, local service and a prompt response. Customers will receive personal attention and a low price for one-on-one service. Customers will receive the best quality customer service. Our employees will get extensive training, great workplace, fair pay, benefits, and incentives for using their own good judgment to solve customers&#8217s problems.

Expectations

Forecast

Because of our cost control, we will still see a modest but steady net profit in the first 12 months. Even after moving into a lease space and hiring more technicians. We lose money slightly in the second and third year, but we are paying the owner’s salaries and the loss is covered in cash flow. You will also receive tax benefits. We do expect to be profitable for the long term.

Financial Highlights by Year

Financing Needed

We will be getting $43,000 to start. That will be a $20,000 loan and $23,000 from the owner.