Start a Truck Repair Shop

Starting a truck repair shop is a business that you can venture in, especially if you have the knowledge as a mechanic. So if you have the knowledge, but you don’t know how to start the business, here are the tips to help you start your own truck repair shop.

So you want to open your own truck repair shop but you don’t know how?

Here are 6 easy steps to help you out start your own truck repair shop.

Just like any other business, write your own business plan.

Having business plan is like know what direction to take; those who don’t have any business plan with them might just find their path too stony or rugged that they’ll end up failing in their mission. Having a business plan will more likely give you a guide as to what to do with your business and what steps to take to attain success. Make sure to jot down what you want to do with your business to envision your future.

Register for a business license

You can register your business at the municipal or city hall. Call the office in charge of that and ask for the requirements before applying for one. Take note that requirements differ from state to state so it is better to ask for before you submit your application for less hassle on your part.

Open your business account

Opening a business account is important. You need this solely to pay for your business’ expenses. Some businessmen fail in this aspect because they do not separate their personal expenses from business accounts. To keep your business running and growing, you need to keep up 80% of your business’ profit. If you want help about this, contact your local bank and ask about opening an account for your business.

Insure your business

Get garage insurance for your business; if you have workers, have your workers insured. Also, check for the liabilities surrounding your work area, like fire, tornadoes, accidents, hurricane, etc. Getting insurance is not just an obligation; it is a benefit for your business. If your garage burns down due to accident, you can be paid to replace your shop. If your meet an accident while working, you can keep the business going until you get well.

Choose the right place

Placing your truck repair shop on the right location will not just make your shop visible to the public. It is will also give you a steadily supply of truck owners, falling in line to have their trucks repaired.

Advertise your shop

Advertise your shop so that more people will know about the services that it offers. Take note that people have to think that your repair shop exists before they decide to go there. A good way of advertising your shop is through tow truck companied. Offer these tow truck companies with referral fee whenever they can send you a customer. You can get 10 or more repair jobs from them every month. Also, be creative. Think of ideas that can further add up to the sizzle of your business.
 

5 Comments

  • john chironje said on March 7, 2011
    how do i write a business proposal to a financial institution, please kindly feed me with relevant information that can convince any financer to fund the project i would like to buy and refurbish trucks
  • James expert adviser said on March 8, 2011
    @john chironje, i don't think you need a business proposal to get your truck refinanced. At least in many countries, which country are you in right now?

    Jestin James
    Startup Biz Hub - Senior Advisor (Staff)

  • Daniel Lopez said on November 12, 2011
    I would like to open up a business with my two brothers. My brothers and I have experience giving maintenance and major overhauls to trucks. We have observed that there are many companies up north Texas, that need people with our experience. We would like to know if there is a guide on how to start a business like this. Start a crew and offer our services and how much should we charge. DL
  • chuck warner said on February 15, 2013
    I want to start a full service truck repair shop in conjunction with a truck mechanic training school. I have several locations in mind but let's start with Minot, ND. 770-330-4738
  • Gualberto Bernal said on November 23, 2014
    I have experience providing preventive and corrective maintenance and major overhauls to trucks in the transportation business and I want to start a full service truck repair shop in San Diego, CA. dont really know how to start this project.

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