Posted in Articles by Masterplans Auto Parts Business Plan Are you planning on opening your own auto store, and need an auto parts business plan? Auto parts stores sell exactly what their names suggest:
Choose the name of the business and put up an attractive billboard outside the store. If you are, then you will need a business plan and a place where you can sell the items. You can purchase auto parts from licensed suppliers online to make room for larger profits.
The best option would be lease out the store space for the auto parts business. As a dealer on auto parts, you will need to apply for a license; otherwise, you will not be allowed to operate.
Now, you will need to apply for two separate licenses — dealership and the business license. You also need to visit the local revenue agency to secure the TIN or tax identification number.
For your business operations, you will need a computer, interne, cash register, shelves, racks, and fixtures.
Design the store properly and all items should be arranged in a manner that is easy to find. For instance, at one portion of the store you can place the tires and in another portion you can place a glass shelf where you can put the smaller auto parts.
Put small names below the items for instant recognition. Staffing and Advertising You will also need to hire extra employees to help you in running the store.
You will not be in the store all the time, so you need competent and honest employees. The reason why a lot of businesses fail is because they lack effort in advertising their products or business.
Even with an auto arts store, you will need to advertise properly. If the store is located near gasoline stations and other car stores, you can easily find your target market. Send out flyers with the details of your products.
You can also send out business cards to cars that pass by the store. With the contact information in the card, your customers can easily reach you.
Sell only quality products and cater to customers with a winning smile. You also need to have adequate knowledge about the different auto parts so that when a customer is looking for a certain part you can easily direct the customer to the product.BUSINESS PLAN (Import, Export and Car Trading Company) This business plan has been developed to obtain a start up capital for the operations of BEFCO business plan uses the following exchange: CFA francs =1Euro = 10SEK for clarity and sim-plicity of conversion.
Southeast Racing auto parts store business plan products. Southeast Racing Parts is a start-up company which provides entry-level oval track racers with affordable products and quality service. Your business plan can look as polished and professional as this sample plan.
This is a free sample business plan for Automotive - Parts Retailer. To see more business plan examples, business plan software, and other .
The Auto Parts Store is a small business that would sell car auto parts to customers within the North Carolina State. Auto Parts Store Business Plan.
The Store will become the first destination for the entry of new racing spare parts. Market. May 14, · To start a used auto parts business, develop a thorough business plan that outlines your budget, inventory, marketing strategies, and the areas you plan to specialize in.
Choose a good location for your business and obtain any licenses, permits, and insurance required by law to sell to the public%(33). Sep 23, · The auto parts business plan quickly identifies, in the Executive Summary and Company Description, the niche market the auto parts business will target, but also completes an in-depth analysis of the state of the industry and trends to establish the need for the new business.5/5(1).