 Starting an Automotive base business, Pros? Cons? Am I Crazy |
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| Jaiden |
 Oct 20 2005, 09:59 AM
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Member  Group: Members Posts: 346 Joined: 13-January 05 From: Stroudsburg PA Member No.: 3,443  |
So I have been contemplating dropping my current career (more on that later) and starting fresh with my own Auto Based business.
I know the Automotive world is tough but I was looking for some insite. There is no suicide smiley is there!! Ha! I would like it to be a design/ manufacturing/ Testing Business but would start out as a retailer/ installer/ Business. What do you guys think! Let the Crazyness begin! |
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| Brett W |
Oct 20 2005, 12:32 PM
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Advanced Member Group: Members Posts: 2,859 Joined: 17-September 03 From: huntsville, al Member No.: 1,169 Region Association: None 
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Start in your garage and develop from there. You need to deal with clientle that has money and will spend it. Lookers and tire kickers won't do you any good. Having parts in inventory will force you to have high overhead. A friend of mine was doing Honda Acura work out of his garage as a side job. At one point when he was making 7-10K a month in extra income. He didn't stock a bunch of parts, but he got enough breaks on parts because he was moving volumn. He could call a supplier up and ask for the discount and get it because of how much business he could bring.
You can do it but you have to want it. You will be your own worst boss or you will be really hungry. Imports are a good business to be in right now. Nissan looks to be a good emerging market as well as the EVO/Subaru crowd. BMW owners have money and will spend it as will VW owners but you better be ready to understand the electronics and cars. |
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Posts in this topic
Jaiden Starting an Automotive base business Oct 20 2005, 09:59 AM
bondo I'd love to do that, but with my current debt ... Oct 20 2005, 10:08 AM Dave_Darling Yes, you are crazy. Then again, back in the mid-9... Oct 20 2005, 10:16 AM Mark Henry It sucks...
Get a haircut and get a real job Oct 20 2005, 04:32 PM Root_Werks Been running a shop out of my garage for 5 years n... Oct 20 2005, 04:34 PM bmunday Find a demand and fill it if you can.
look in eve... Oct 20 2005, 05:33 PM MecGen Hey
Ive' been paid to turn wrenches more then... Oct 20 2005, 06:39 PM Jake Raby I started in a 75 year old Chicken House....
Now... Oct 20 2005, 07:41 PM andys Well, there certainly are some interesting views e... Oct 20 2005, 08:46 PM
Jaiden Thanks for all the Advice guys!!
Let me g... Oct 21 2005, 08:03 AM |
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