If you’re a car savvy mechanic with an entrepreneurial spirit, you’ve probably considered opening up your own auto shop. Owning a mechanic repair shop can be a great way to fulfill the American Dream and control your destiny. Follow these tips for opening a mechanic repair shop to start on a successful path.
An Automotive Service Excellence (ASE) certification isn’t required to work on cars, but you could run into some problems without one. It may be substantially more difficult or expensive to obtain liability insurance and find financing for your new business. ASE certification tells potential customers you’re qualified and trustworthy.
Become Familiar With the Startup Costs
Before opening your shop, you need to know the total projected cost to get up and running. While not all prices can be projected ahead of time, the most common and expensive line items are easier to anticipate. You’ll need to consider the cost of renting or buying a building and insurance costs upfront. You’ll also need to make estimates of all the equipment you’ll need, from essential hand tools to car lifts and heavy machinery.
Determine What You Want To Specialize In
Specializing can make you the go-to mechanic for specific problems or care models, but it can also hurt your business. If you’re the leading provider of brake repairs, those looking to fix other car troubles might not think to visit your shop first.
Obtain Legal Advice
Owning any type of business comes with legal requirements and restrictions. Before opening to the public, seek legal advice to ensure you have all your bases covered. Obtain any permits, licenses, and regulations you may need throughout your journey.
Following these tips for opening a mechanic repair shop will start your business on the right path.