Starting an Auto Repair Shop Business With Little-to-No Money Starting a business of any kind requires an investment, and not just of money. Entrepreneurs and their financial backers also invest time, energy, reputation — also referred to as blood, sweat, and tears — into everything they do. What if you are determined to set
Opening an auto repair shop takes more than a simple passion for mechanics. It takes research and careful planning to turn that passion into a viable business. Across all industries, aspiring business owners often run into technical hurdles and red tape that have very little to do with the actual product or service. In fact,
If you currently own or are looking to start your auto repair shop, you would think that pricing parts are easy. You already know the part costs, and you just set a price based on profit margin and competition. Simple, right? Of course, the answer is it’s not always so black and white, and there
How to Your Auto Repair Shop’s Cash Flow Issues Auto repair shops are cash-intensive and usually have a lot of moving parts (pun intended!). From regulations and licensing fees, to local and state taxes for operation, to the sometimes complicated transactions between you and your customers, the economics of running an auto repair shop can