What is the Best Auto Repair Business Plan?
If you’re a novice when it comes to business, that’s OK, we can help you learn what you need to know to succeed. Perhaps you just have experience with, an interest in, or are handy at auto repair. You might well think that your business plan is: clients come to my shop with their automobiles, you fix them, they pay you. Done.
Unfortunately, business plans are more complicated than this. Not needlessly so, mind you. But the above is just the basic core of your business. Your business plan is how you maximize revenue and minimize expenses. So, just how do you do that? What is the best auto repair business plan?
Auto Care Franchises
If you buy into an auto repair business, as opposed to starting your business from scratch, you can buy into an already proven successful business model. This is a great asset. In the case of an established and well-run company, access to this successful business plan can be well worth the franchise fee on its own, let alone the brand recognition and customer loyalty you get.
One huge benefit of being part of a franchise concerns one of those two main pillars of business mentioned in the intro: expenses. You have to spend a fair amount to get an auto shop going and then more to keep it running. One major expenditure is the parts you need to buy to replace the damaged ones in your clients’ automobiles. With an independent shop, you might well have to turn away many potential customers because your profit margin for replacing their old parts is too thin.
As part of a franchise, however, you get two advantages in this regard. One, by relying on the knowledge and relationships that have been forged by a well established business, you can be confident that you’re getting quality parts from a quality supplier. Secondly, if your franchise is just one of many, you potentially get these parts at a reduced rate due to collective buying power. If you pick the right franchise, that is.
As with any business, customer satisfaction is paramount. Not only do you want customers to give you return business, but also you’ll want them to spread the good word about your business. Therefore, you need to incorporate a way to keep customers happy into your business plan.
A great way to do this is with warranties. If you replace a part, you should guarantee that part and that, should anything go wrong with it, customers’ can bring it right back to you to fix. This guarantee is even stronger if you’re part of a franchise that allows guarantees across all its locations.
Tuffy® Tire & Auto Service is an auto repair business with all of the attributes mentioned above. We have been operating successful auto care franchises since 1970. We have great relationships with excellent suppliers and we can get our franchisees great deals on parts. Furthermore, those parts are guaranteed across all Tuffy locations. If you would like to join the Tuffy organization or learn more about our business plan and what makes it successful, please do not hesitate to contact us.Back