Business
Startup Idea: Launch Your Own Car Repair Business!
One of the most profitable areas in the automotive industry is vehicle repair. All cars and commercial vehicles need maintenance and repairs at some point. Owners will usually opt for a mechanic to do the work for them. Especially when major repairs need to get carried out.
If you enjoy working on cars and fancy a career change, why not work for yourself? Here’s how to launch your own car repair business:
Premises
The first thing you need to do is find a suitable location for your workshop. Next, you’ll need to lease the right premises. Most car repair businesses lease premises on industrial units. Ensure you choose a location that is easy for your customers to access.
Insurance
Next, you’ll need to pay for various insurance products. For instance, you’ll need liability insurance to cover your staff and customers against injuries. You’ll also need motor trade insurance for when you and your staff work on or drive customer vehicles.
When it comes to motor trade insurance, it’s important to select the right type of policy. The infographic below depicts the differences between the two main types:
Tools and machinery
Cars cannot get repaired if you’ve got no tools and machines at your disposal! You’ll need to invest in an array of hand and air tools. And you should have hydraulic and mechanical machines to help you repair parts.
Health and Safety
It’s important that you put your staff’s health as a top priority. For that reason, you must have some air extractors fitted to your premises. The last thing you want is to inhale exhaust fumes all day long!
First Aid Kits, hand and eye washing stations are also crucial. And it goes without saying that you should have some firefighting equipment at your premises!
Final thoughts
Once you’ve got all the basics, all you need to do is start marketing your new business. Good luck!
Infographic Designed By Evans and Lewis