Setindiabiz-logo

  • +91-9899-600-605

Most Popular

  • Private Limited Company
  • One Person Company
  • LLP Registration
  • Partnership Firm
  • Sole Proprietorship

For Foreign Companies

  • Subsidiary of Foreign Company
  • Joint Venture of Foreign Company
  • Project Office Registration
  • Branch Office Registration
  • Liaison Office Registration

Important Registrations

  • GST Registration
  • MSME Registration
  • MSME Renewal
  • Import Export Code (IEC)
  • IEC Renewal

Startup India (DPIIT)/GEM

  • DPIIT - Startup India Recognition
  • 80IAC - Startup Tax Exemption
  • DPIIT - Seed Fund Application
  • GEM Portal Registration
  • ESOP Policy

Special Purpose Entity

  • Public Limited Company
  • Nidhi Company
  • Producer Company
  • Microfinance Company

NGO & Others

  • Section 8 Company
  • Society (National or State)
  • Private or Public Trust
  • Multistate Co-Operative
  • MLM Registration

Book Keeping & Audits

  • Virtual CFO Services
  • Accounting & Book Keeping
  • Statutory Audit
  • NGO Audit & ITR
  • FCRA Annual Return
  • Income tax Returns (ITR)
  • Advance Tax Due Date
  • Income Tax Notice Reply
  • Tax Assessment & Scrutiny
  • 15CA and 15CB Certification

GST Compliance

  • GST Nil Return Filing
  • GST Return Filing
  • GSTR-9 Annual Filing
  • GST LUT Filing
  • GST Cancellation

Digital Accounting

  • Zoho Books Setup
  • Zoho Payroll Setup
  • Tally to Zohobooks
  • Busy to Zohobooks
  • Quickbooks to Zohobooks
  • TDS Return Filing
  • Salary TDS Return & Form 16
  • Certificate of Lower TDS
  • PAN Card & TAN Number
  • Tax Litigation Support Service

Miscellaneous

  • GST Amendement
  • 80G & 12A Registration
  • Niti Aayog (Darpan) Registration
  • NGO CSR-1 Filing
  • FCRA Registration

HR Policy Document

  • Appointment Letter
  • Employment Agreement
  • HR Policy or Manual
  • Leave Policy Drafting
  • Other HR Documents Drafting

Labour Law Registrations

  • Shops & Estb. Act Registration
  • Professional Tax Registration
  • Professional Tax Return
  • PF Registration
  • ESIC Registration

Payroll & Labour Law Return

  • Monthly Payroll Process
  • PF Return Filing
  • ESIC Return Filing
  • LWF Return Filing
  • POSH Policy Creation
  • POSH Training
  • POSH Consultation
  • POSH Return Filing (Compliance)
  • POSH Case Advisory
  • LWF Registration
  • Contract Labour Act Registration
  • Factory Registration

Post Incorporation

  • INC 20A – Business Commencement
  • First Auditor Appointment
  • Share Certificate
  • Statutory Record & Register
  • Secretarial Retainership

Director Related

  • Allotment of DIN
  • Director Appointment
  • Director Removal/Resignation
  • DIN Surrender
  • Directors Disqualification Removal

Annual Filings

  • Director DIN e KYC Filing
  • Company Annual Return
  • MSME Half Yearly Return
  • DPT-3 Return Filing
  • Winding Up of Company

Shares Related

  • Increase Authorised Capital
  • Share Allotment – Rights Issue
  • Share Allotment – Private Placement
  • Share Transfer
  • Share Transmission
  • Company Changes
  • Company Registered Office
  • Company Object Change
  • Company Name Change
  • Company MOA Change
  • Company AOA Change
  • ESOP Share Allotment
  • Due Diligence
  • Secretarial Audit (MGT-8)
  • XBRL Filing
  • Auditor Resignation or Removal
  • LLP Registered Office Change
  • LLP Name Change
  • LLP Object/Activity Change
  • LLP Agreement Changes
  • LLP Form 3 Filing

Partner & Capital

  • Addition of LLP Partner
  • Removal of LLP Partner
  • Partner Profit Sharing Ratio
  • Increase LLP Contribution
  • LLP Annual Return
  • LLP ROC Annual Filing
  • LLP Income Tax Return
  • LLP Statutory Audit
  • Winding Up of LLP

Conversion – Company

  • Convert Pvt Ltd to Public Limited
  • Convert Pvt Ltd to OPC
  • Convert LLP to Pvt Ltd
  • Convert OPC to PVT Ltd
  • Convert Public Limited to Pvt Ltd

Conversion – LLP

  • Convert Partnership to LLP
  • Convert Proprietorship to LLP
  • Convert Pvt Ltd to LLP
  • Convert Public Ltd to LLP

Winding UP/Restructuring

  • Close Inactive Company (STK-2)
  • Close Inactive LLP (Form-24)
  • Surrender of Tax Registrations

Other Conversions

  • Convert Proprietorship to Pvt Ltd
  • Convert Partnership to Pvt Ltd
  • Active to Dormant Company
  • Dormant to Active Company

Restructuring

  • Merger & Amalgamation
  • Acquisition & Takeover
  • Valuation of Financial Securities
  • Revive Closed Companies
  • Revive Closed LLP
  • Oppression & mismanagement
  • Transfer Pricing
  • Special Valuation Branch (SVB)

FDI Related

  • FDI Reporting (FC-GPR) Filing
  • FIFP/DPIIT FDI Approval
  • RBI Annual Filing (FLA)
  • Annual Activity Certificate (AAC)
  • External Commercial Borrowings (ECB)
  • NBFC Compliance
  • NBFC Takeover
  • Nidhi Company Compliance
  • Micro-Finance Compliance
  • NBFC Account Aggregator License
  • Investment Advisor Registration
  • Share Transfer Agent
  • Portfolio Manager Registration
  • Stock Broker Registration
  • Merchant Banker Registration

Overseas Investments by Indians

  • Overseas Direct Investment (ODI)
  • Annual Report (APR) for ODI
  • USA Incorporation
  • Singapore Incorporation
  • Dubai Incorporation
  • Insurance Broker License
  • Insurance Corporate Agent License
  • Insurance Web Aggregator License
  • Insurance Surveyors & Assessors Registration
  • Insurance Marketing Firm
  • Valuations under FEMA
  • Mobile Wallet – PPI License
  • Payment Gateway License
  • Cross Border Taxation
  • Insurance Repogitory Registration

FSSAI & Eating License

  • FSSAI Registration
  • FSSAI State License
  • FSSAI Central License
  • Eating House License
  • FSSAI Renewal

Food Business – Others

  • FSSAI Modification
  • FSSAI Annual Return (D1)
  • Health Trade License
  • AGMARK License
  • CDSCO Registration (FDA)

Drug – Pharmaceuticals

  • Retail Drug License
  • Wholesale Drug License
  • CDSCO Drugs Import License
  • Drug Export NOC
  • AYUSH License

CDSCO – Medical Devices

  • Medical Device Registration
  • CDSCO Medical Device Import License
  • CDSCO Cosmetic Import Registration
  • Cosmetic Manufacturing License
  • CDSCO Test License

Insecticide & Pest Control

  • Insecticide Registration
  • Pest Control License
  • Clinical Establishment Registration

Special Activities

  • Factory License
  • Trade License
  • RERA Registration for Promoters
  • RERA Registration for Agents
  • NSIC Registration
  • Guest House Registration
  • RNI Registration
  • Bar Code Registration
  • BOCW Act Registration

Legal Metrology

  • Model Approval Certificate
  • Packaged Commodity Registration
  • LMPC Importer License
  • Legal Metrology Dealer License
  • Legal Metrology Manufacturer License

Metrology & Hallmarking

  • Legal Metrology Repairer License
  • Legal Metrology License Renewal
  • Legal Metrology Compliance & Audit
  • Hallmarking-Jewellers
  • Hallmarking Centre

Other Certifications

  • ORGANIC Certification
  • HALAL Certification
  • HAM Certificate
  • BEE Certification
  • AERB Approval
  • WPC-ETA APPROVAL
  • WPC-Import Licenec
  • WPC Experimental
  • WPC- Demonstration Licenses
  • WPC-Manufacturing Licence

Telecom Product Certification

  • ETA (Self-Declaration) Certificate
  • Non-NW License
  • SACFA Clearance

Telecom Service Related

  • ISP (Internet Service Provider) License
  • OSP licence for BPO
  • M2M Registrations
  • Telecom Infra Provider License
  • Sharing Infrastructure License

BIS Certifications

  • ISI Mark Certification
  • BIS Certification
  • BIS CRS Registration
  • Certificate of conformity
  • BIS for Food products
  • BIS LICENCE FOR TOYS
  • BIS LAB Recognition Scheme

BIS-Management Systems

  • HACCP-IS 15000
  • FSMS-IS/ISO 22000
  • SQMS-IS 15700
  • MDMS-IS/ISO 13485
  • SAMS-IS 16001
  • EMS-IS/ISO 14001
  • OHSMS-IS 18001
  • EnMS-IS/ISO 50001

Other Registrations

  • WMI Registration/Code
  • Audiotex / Voice Call / UMS License
  • TEC Certification
  • PESO Certification
  • TAC approval for automobiles
  • CAPEXIL Certificate
  • Warehouse License
  • GMP Certification

Trademarks Filing

  • Trademark Search
  • Trademark Registration
  • TM Examination Report
  • TM Show Cause Hearing
  • TM Third Party Opposition
  • TM Intervention Petition

Design & Copyright

  • Design Registration
  • Copyright Registration
  • Copyright Infringement
  • International Copyright
  • Music License
  • Patent Search
  • Provisional Patent Filing
  • Complete Patent Filing
  • Software Patent
  • Patent Renewal

Trademark Post Filing

  • Trademark Rectification
  • Trademark Assignment
  • Trademark Renewal
  • Trademark Restoration
  • Trademark Infringement

International Trademark

  • WIPO Trademark (Madrid)
  • Trademark Registration in USA
  • Trademark Registration in UK
  • Trademark Registration in China
  • Trademark Registration in Australia

International Patents

  • PCT Patent Filing
  • Convention Patent Filing
  • Patent Filing in USA
  • Patent Filing in UK
  • Patent Filing in China
  • Compliance Calendar
  • Partner with US
  • Customer Reviews

></center></p><ul><li>Customer Review</li></ul><p><center><a href=

Professional Tax may be mandatory in your state! - Apply Now

Shops & establishment act registration is mandatory | get started, protect your trademark | now.

  • Startup – Basic

How to start an automobile business in India?

  • Setindiabiz Team
  • January 20, 2024

How to start an automobile business in India?

This comprehensive blog delves into the dynamic landscape of the Indian Automobile Industry, currently the fourth-largest globally. Offering insights into its remarkable recovery post-pandemic, the blog details the dominant sectors within the industry, key players, and the surge in sales. It then guides aspiring entrepreneurs on how to set up a successful automobile business in India, covering crucial aspects such as planning, industry selection, location considerations, legal structures, and necessary licenses. Read further to enhance your knowledge

What are the types of automobile businesses in India?

How to start an automobile business in india.

  • Plan and strategize: The first step towards opening a new business in any industry is to strategize a business plan and streamline business ideas. Your business plan should be detailed, flexible, and future-proof. This will help you overcome any forthcoming challenges instantly with ease.
  • Choose your industry: Choosing a field of operation for your business is the next significant step in the path of establishing a new automobile business. From a wide range of business options, you may choose single or multiple options based on your knowledge, expertise, and experience in the field. Thorough research and analysis determining the rate, scope, and pace of success in the industry must also be conducted, in addition to understanding competition, demand, and growth rates of demand in the industry. Investors and investments in the industry, the overall cost of operation and distribution, nature of the target buyer are a few other aspects for you to consider before starting your business.
  • Choose your location:  Before you finalize the location for your business, you must ensure that it offers proximity, accessibility, and affordability of supply chains, low property, and rental costs, low cost of transportation, high population of target buyers in the local market, a high scope of expansion of customer base and business operations, safety, security, and sanitation of the area.
  • Choose your mode of operation:  Automobile businesses, both merchandise, and services, usually operate in the offline mode only. This mode of operation is not only preferred by buyers but is also the only option for sellers and service providers in some cases.
  • Choose your name, logo, and brand:  The name of your automobile business should be able to aptly communicate your field of business operations and your unique brand voice. For instance, the names Tata Motors or Hyundai Motor Company voice their brand names with “Motors” and “Motor Company” in the names indicating their field of operations. The name and logo of your business must not violate Section 4 of the  Trademark Act, 1999  which states that the name of a new business must not mimic the name and logo of an existing business. You must also register the name and logo of your business to prevent others from copying and using them. At  SetIndiaBiz , we provide expert assistance to our clients in  Trademark registration  of their new companies.
  • Get your funding, infrastructure, and logistics ready:  Automobile businesses are capital intensive and need infrastructure, logistics, and heavy machinery to operate. This requires huge investments. Even services like cleaning, servicing, and repairing cannot operate without heavy machinery.
  • Choose the legal status of your company:  Most automobile companies operating in India have a Private Limited Company status. However, the earnings and revenues in the industry are so high that even large businesses have found it beneficial to form partnerships for several reasons like manufacturing new products, rebranding,etc. For instance, Suzuki has partnered with drone manufacturing business Skydrive to develop high-tech, next-generation “flying cars” and Volkswagen has consolidated itself to rebrand as Skoda Auto in India.
  • Get registered and incorporated:  Once you decide the legal status of your business, you can begin the process of registering and incorporating it. SetIndiaBiz will provide you with the necessary guidance and professional services concerning the same.
  • Get necessary licenses, certificates, approvals, and registrations to begin business operations:  Once your automobile business is registered and incorporated, you need to get the necessary licenses and certificates. like any other business. Automotive Industry licenses, Tax, and GST registration , trading license, factory license (if required) EPF ,  ESIC , Contract Labour registration, pollution clearance certificate, EIN registration, fire safety certificate, etc are mandatory licenses that need to be obtained by an auto business in India. SetIndiaBiz offers all necessary services for obtaining licenses, registration, and certificates at an extremely affordable cost. To get detailed information, visit our website.
  • Get insurance:  obtain important insurance covers for the safety of your business, property, product, and cover for the loss. Vehicle and commercial vehicle insurance are required for businesses like car rentals, delivery services, and passenger and freight transportation.
  • Hire staff:  Businesses in the automotive industry require highly skilled and experienced employees. This might raise the labor cost for your business but would enhance its productivity in the long run.
  • Build a marketing team and channel:  Online marketing has become a necessity for almost all kinds of businesses and products now. Additionally, many automotive businesses also publish their ads on print media like newspapers and magazines to promote their products. Broadcasting advertisements on television is also an effective way to market auto products and services.
  • Build a customer grievance and feedback system:  Customer feedback is an important input for your business as it consistently gives you insights into their needs and convenience. This will help you improve the quality and competitiveness of products and services without the need of conducting market research and analysis of the same.
  • Organize a grand launching for your business: Invite potential customers, local industry leaders, competitors, suppliers, and other relevant guests to spread the word about your newly established business.

How can SetIndiaBiz help?

Businesses in the automobile industry are most promising when they meet the dynamic needs, convenience, and desires of their customers. Following trends and updates of the consumer market and designing or modifying products accordingly is a significant key to the success of your business. A relevant example in this regard is the Electric Vehicle Segment that the public and private sectors alike are pouring huge investments in.

Q1: What are the key sectors within the Indian automobile industry?

Q2: what factors should be considered before starting an automobile business in india, q3: what licenses and registrations are mandatory for starting an automobile business, q4: what legal structure is commonly adopted by automobile companies in india, q5: how can setindiabiz assist in starting an automobile business in india, leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

  • Company Registration
  • Trademark Filing
  • LLP Changes
  • Startup India DPIIT

Talk To An Expert

*Your Information is safe with us | Privacy Policy

  • SETINDIABIZ
  • PARTNER PROGRAM

Apply for Professional Tax Registration

Professional tax applicable states.

  • Andhra Pradesh
  • Madhya Pradesh
  • Maharashtra
  • Pondicherry
  • West Bengal

Shops & Establishment Act Registration

  • It is mandatory for most business
  • Register Within 30 Days of setup
  • Registration With the Labour Office
  • Annual Renewal Must
  • Register to avoid a penalty
  • Applicable to all states in India

Protect Your Trademark Now!

You can protect the following.

  • Business Name
  • Domain Name
  • Unique Images
  • Colour Pattern

Suger Mint

How to start an Automobile Repair Business in India: Profitable Business Idea for Entrepreneurs & Startup

Automobile Repair Business

How To Open Automobile Repair Shop: Small Business Idea

Starting an automobile repair business in India can be a lucrative endeavor, but there are a few things you need to know before you get started. Here are some tips to help you get started:

Automobile Repair Market in India

The automobile repair market in India is growing rapidly, as more and more people are becoming interested in fixing their own cars.

If you’re thinking of starting an automobile repair business in India, here are a few things you need to know:

1. The market is competitive, so you need to find ways to set yourself apart from the competition. One way to do this is by offering superior customer service.

2. You’ll need to have a good understanding of automotive mechanics if you want to be successful in this business.

3. It’s important to have a well-equipped workshop if you want to be able to handle a wide range of repairs.

4. You’ll also need to be able to market your business effectively if you want to attract new customers.

How to start an Automobile Repair Business in India

If you are thinking of starting an automobile repair business in India, there are a few things you need to know.

Establish a business plan.

This is essential for any business, and it is especially important when starting a new business in a competitive market like automotive repair.

Your business plan should include a detailed overview of your business, including information on your target market, your competitors, your marketing strategy, and your financial forecast.

Choose the right location.

When starting an automobile repair business, it is important to choose a location that is convenient for your customers. You want to be in an area with a lot of traffic and plenty of potential customers.

Invest in the right equipment.

In order to run a successful automotive repair business, you need to invest in the right equipment. This includes tools and equipment for diagnosing and repairing cars, as well as a workshop area that is properly equipped and organized.

Train your staff.

In order to provide quality service, it is important to train your staff properly. This includes providing them with the necessary skills and knowledge to diagnose and repair automobiles.

Promote your business.

In order to attract customers, you need to promote your business. This can be done through traditional marketing methods such as print and television advertising, as well as online marketing techniques such as search engine optimization and social media marketing.

By following these tips, you can increase your chances of success when starting an automobile repair business in India.

With a little hard work and dedication, you can build a successful business that will provide you with a good income.

Equipment That You’ll require To Open An Auto Repair Shop?

Opening an auto repair shop can be a great business venture. However, before you get started, you’ll need to make sure that you have the right equipment. Here’s a look at some of the types of equipment that you’ll need:

Diagnostic tools

In order to properly diagnose and repair cars, you’ll need to have a good selection of diagnostic tools. This includes everything from code readers to scan tools.

A good auto repair shop will have at least two lifts. These are necessary for lifting cars off the ground so that you can work on them more easily.

Jacks and stands

In addition to lifts, you’ll also need a good selection of jacks and stands. These are necessary for supporting cars while you’re working on them.

Of course, you’ll also need a wide variety of tools to properly repair cars. This includes everything from wrenches to screwdrivers to impact guns.

Parts washer

A parts washer is a critical piece of equipment for any auto repair shop. This is used for cleaning parts and components so that they can be reused.

Air compressor

An air compressor is necessary for operating many of the tools in your shop. It’s also useful for inflating tires.

If you plan on doing any welding, you’ll need a welder. This is used for joining metal parts together.

Painting equipment

If you plan on painting cars, you’ll need a good selection of painting equipment. This includes everything from paint guns to air compressors.

Office equipment

In addition to the equipment needed for repairing cars, you’ll also need a good selection of office equipment. This includes everything from computers to fax machines.

Shop supplies

Finally, you’ll need a variety of shop supplies. This includes things like cleaners, rags, and oil absorbent pads.

By investing in the right equipment, you can set up a successful auto repair shop. Just make sure that you take the time to research the different types of equipment that you’ll need before you get started.

What Are The Different Types Of Services That Auto Repair Shops Offer?

Auto repair shops offer a wide variety of services. Here’s a look at some of the most common types of services that these businesses offer:

Oil changes

One of the most common services that auto repair shops offer is oil changes. This involves draining the old oil from a car and replacing it with new oil.

Tire rotation

Automobile Repair Business

Tire rotation is another common service offered by auto repair shops. This involves taking the tires off of a car and switching them around so that they wear evenly.

Brake repairs

Brakes are an important part of a car, and they need to be repaired when they wear down. This is a service that auto repair shops offer.

Transmission repairs

Transmission problems can be expensive to fix, but they’re often necessary. Auto repair shops offer transmission repairs to help keep cars running properly.

Engine repairs

garage business plan in india

Engine problems can be very expensive to fix, but they’re often necessary. Auto repair shops offer engine repairs to help keep cars running properly.

These are just a few of the different types of services that auto repair shops offer. By offering these services, you can attract a wide range of customers.

How To Advertise Your Auto Repair Shop

There are a few different ways that you can advertise your auto repair shop. Here are a few ideas:

  • Create flyers – You can create flyers and distribute them in local businesses. This is a great way to reach potential customers who may not be aware of your business.
  • Place ads in local newspapers – You can place ads in local newspapers and reach a wide audience.
  • Place ads on online classifieds sites – You can place ads on online classifieds sites like Craigslist and reach a large number of potential customers.
  • Create a website – You can create a website for your business and reach a global audience.
  • Use social media – You can use social media to reach a wide audience and promote your business.

By advertising your auto repair shop, you can reach a large number of potential customers. Just make sure that you choose the right method of advertising for your business.

How To Get Customers For Your Auto Repair Shop

There are a few different ways that you can get customers for your auto repair shop. Here are a few ideas:

garage business plan in india

  • Offer discounts – You can offer discounts to customers who bring their cars in for repairs. This is a great way to attract new customers.
  • Offer loyalty programs – You can offer loyalty programs to customers who continue to use your services. This is a great way to build long-term relationships with customers.
  • Offer referral programs – You can offer referral programs to customers who refer new customers to your business. This is a great way to generate new leads.
  • Run promotions – You can run promotions and offer special deals to customers. This is a great way to attract new customers.
  • Advertise – You can advertise your business to reach a wider audience.

By offering discounts and running promotions, you can attract new customers to your auto repair shop. Just make sure that you choose the right methods of advertising and marketing for your business.

Read also: How to start Car Washing Business in India: Small Business Idea

These are just a few tips on how to start an automobile repair business in India. If you follow these tips, you’ll be well on your way to success.

Read more business Ideas at SugerMint. Follow us on Twitter , Instagram , Facebook , LinkedIn

Automobile Repair Business Best Business Ideas to Make Money Profitable Business Ideas Small Business Ideas in India unique business idea

© 2024 SugerMint | All references relating to companies are copyright of their respective holders.

Username or Email Address

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Privacy policy.

To use social login you have to agree with the storage and handling of your data by this website. %privacy_policy%

Add to Collection

Public collection title

Private collection title

No Collections

Here you'll find all collections you've created before.

SkillsAndTech

How To Start Auto Garage Business in India| SkillsAndTech

Are you interest in Auto Garage Business, here you will get complete guild for auto garage business plan which will help you to start the auto repair shop.

In today’s life, everyone has scooter and bike; they may break down in the middle of busy roads, the owner of the vehicle face the problem about where to get it repaired so you can offer them an automobile repair garage.

The auto repair shop is important because every individual need to have the car fixed; here in this article, we analyze the business requirement that will help you to acquire skills in auto repair.

Table of Contents

Automotive Business Opportunities

Automobile industry having lots of business opportunities and auto repair garage one of them, as we know that the use of the automobile is increasing day by day there the auto repair garage business never goes extinction.

Every individual wants its car to be run smoothly and they are looking for good maintenance and servicing auto garage, people always use to go auto garage to check their vehicles, therefore, the auto garage business is one of the profitable business ideas.

 Auto Garage Business Plan

Every business need a proper business plan without a business plan you cannot run any business successfully, here we have mentioned some important factors which are essential while setting up an auto repair garage business plan.

Define Your Service And Staff

While starting your auto repair garage business you need to clarify with your service like how many customers you will serve and what services you are going to provide them, on the basis of service and customers you can decide your staff members.

Define Your Unique Point (E-Automobiles)

You can only offer a specialized service such as changing and repairing tires services if you are working in specific service in the automobile industry it will help you to gain trust by customers.

Mushroom farming Business At Home

Meat Processing Business

Antique Furniture Business

You can also consider specializing niche field, like restoring cars, providing eco-friendly service, and now it is a trend of the eco-friendly vehicles you can start the auto repair garage for e-cars.

There is no such garage for the e-cars so you can start your own e-cars repair garage business, but before starting your e-garage business you need to take the training for repairing such e-automobiles.

Auto Repair Business License

While starting auto garage business you need to deal with some documentation and licenses, the differing licensing required for the auto garage business varies from state to state

Motor vehicle department of your state can provide you with an application to apply for a license.

List of Auto Repair Business License

1) registration of firm:.

You may start the small to medium auto garage business either a Proprietorship or Partnership Firm.

If you are starting this business as One Person Company, then you have to register your firm as a proprietorship.

For Partnership operation, you have to register as a limited liability partnership (LLP) or Pvt. Ltd. Company with Registrar of Companies (ROC).

2) GST Registration:

apply for GST registration which will allow you to get GST number which is mandatory to run a business.

3) Trade License:

obtain a trade license from the local authority.

4) Pollution Certificate:

auto garage business may create the pollution; therefore, you need to get the pollution certificate from the pollution control department of your state.

5) MSME/SSI Registration:

if you are wishing to get the government subsidies and schemes regarding your business you need to apply for the MSME registration.

6) Trade Mark:

secure your brand with the simple registration for the trademark

4. Auto Repair Garage Business Location

Your auto repair garage business must be in the potential area, are minimum areas required for the auto repair business is around 1500 sq ft, look a location that is convenient to the highway or main road.

Having an auto repair garage in highway or main road will be much profitable because the auto repair garage is easily accessible by customers, and it will reduce the towing cost.

While selecting the area location make sure that the location area is having facilities like water facility, electricity facility, and drainage facility, also ensure that the location having enough space to park the automobiles.

Air Conditioning Repairing Business

Flour Mill Business

Register A Company

Additionally, you can build the waiting room for the customers.

Skills Needed To Be A Mechanic

If you are good at the automobile repairing then it is easy to handle the customers, you need to be good with the machine handling and finding out the problem in automobiles but if you are not able to repair automobile you need to take the certificate course for automobile repairing.

You can also hire the staffs who are expert in the auto repairing skills, ensure that the staff is using the proper safety gears and following the safety rules while repairing the automobile.

 Auto Mechanic Tools And Equipment List

Selecting the right equipment for auto repair garage business is a very important task, therefore while buying the equipment and tools for auto repair garage business make sure that you are only buying the equipment that needs to repair automobile don’t buy additional equipment at the primary stage.

List Of Tools Used In Automobile Workshop

  • Mechanic Tool
  • Diagnostic Machine
  • Lifting Machine
  • Air Compressor

Marketing Plan For Auto Repair Shop

The most important task in business is marketing and promotional strategy, you need to market your auto repair service using different promotional strategy, here we have mentioned some marketing strategy that will help you to promote your auto repair garage business.

Print the cache promoting material and distribute it in your local areas also place fires on your business location area.

Business License

Apply For Trademark

Vat Registration

Attend the automobile events where you can promote your business using such platforms also leave promotional material to the automobile events it will help you to gain the client’s network.

Also, promote your business using the local media like newspaper and radio station they will help you to introduce your business to the new clients.

Apart from the traditional way of marketing you can sue the digital marketing to take your automobile business into the next level of the marketing, you can create the social media page where you can introduce your service.

Run ads campaign on the automobile repair service which helps you to reach to the right customers.

garage business plan in india

You May Also Like

How to Start a Furniture Store | SkillsAndTech

How to Start a Furniture Store | SkillsAndTech

Generic Medicine Store How to Open, Benefits, Profit | SkillsAndTech

Generic Medicine Store How to Open, Benefits, Profit | SkillsAndTech

How to Start a Tile Installation Business | SkillsAndTech

How to Start a Tile Installation Business | SkillsAndTech

TEAM-BHP-LOGO

Hot Threads

  • Spare Parts
  • Buy Accessories
  • KOGO Hotels
  • Classifieds

Cost of setting up a car care business in India

car

A lot depends on what scale you are looking for. I have seen simplest of setups, where you need a water connection, water tank a water pump for washing. A vacuum cleaner to vacuum cars, a couple of guys and you are good to start.

BHPian Livnletcarsliv recently shared this with other enthusiasts.

What do you think is the cost of setting up a detailing business?

What are the most needed things and what are the things that are good to have?

When can I become profitable?

Here's what BHPian Rachit.K.Dogra had to say on the matter:

I happened to have some discussions around setting up a 3M franchised store in Gurgaon. From a 3M store perspective, there was a pretty sizable initial cost that needed to be given to 3M, under which they will setup your shop and will give you a stock of products for the remaining value. I was a bit taken aback knowing that that total cost of those fancy detailing roof lights was close to 15 lakhs. If let's say you don't go through a franchised model, here is what I think is essential for a good car detailing studio to attract good customers: Good washing area and equipment. (Cost can vary depending upon the if it's indoor / outdoor or if there is a lift installation or not) Good quality products. (Cost will depend upon tie ups and stock procurement) Some fancy roof white lights, which brings out the smallest of the swirl marks in customers cars, so that they get tempted to spend to get those polished. Staff training A lot depends on what scale you are looking for. I have seen simplest of setups, where you need a water connection, water tank a water pump for washing. A vacuum cleaner to vacuum cars, a couple of guys and you are good to start.

Here's what BHPian anantpoddar had to say on the matter:

If you're looking at the essentials of starting a detailing business, check out the YouTube channel of Dallas Paint Correction. This guy covers the basics of starting. Cost will depend entirely on the scale at which you want to start. Some of the basics that you need to answer based on your areas of strengths and weaknesses: Whether you want to start small and test the waters or go all out at once. Access to prime location or otherwise What kind of services you want to offer: initially and in the medium term You need to define the vision for your business which will influence your strategy. If I were in your shoes, I wouldn't think of starting a detailing business if I cannot break-even within the first quarter. The biggest challenge in the detailing business is retaining talent. Most of these guys get paid anywhere between 8 - 12k + commission, per car. The supervisor level guys get paid around 15k - 20k. I hardly see any of them last more than a year at the same place.

Here's what BHPian nkrishnap had to say on the matter:

Cost of setting up a detailing studio depends on the below. Capital expenditure Rental deposit, if the place is not owned. Cost of the place and rent will be dependent on locality/location, sq ft area, no of bays you want to have etc. Infrastructure related to presentation of the studio. Electricals, lighting, plug points, machinery, etc. For example a good steam washer (automotive purpose one) will cost at least a couple of lakhs. Other machines such as vacuum cleaner, polishing machines etc. All of these are available from a low price to high price. Example, Karcher dry ice machine mrp is around 22 lakhs. Marketing and Human resources cost. Putting in infrastructure, because personnel hiring does cost you now a days even though it is a blue collar job. Digital marketing services can turn out to be expensive too. All depends on how you are approaching it. Fixed Expenses Fixed costs Rent Salaries - depends on the skill set. Cheap untrained ones come for 12 to 15k and trained ones for 25k Electricity Water charges and other sundry expenses. Product & Workmanship There are tonnes of products, not every product will suit the market need. So how you build your services around the available products and differentiate your services is what will get you customers. Stick to practical possibilities than marketing your services as fire proof, scrarch proor, 10H (some folks are claiming 12H too). Do remember you can fool or hide the reality from the customers only for a short term. Long term it will hit you hard. You labour is what gets you customers even if you have the best product. A good product in untrained hands can only do so much. I have seen certified detailers unable to extract 3 months life from a top notch ceramic coating whereas even a basic coating can outlast the durability of such certified coating (when done by a trained hand) from these certified detailers. Do not compromise here. Tricky question. Investment vs returns. You need to look at pricing your services with complete consideration of your investment and how quickly you want the returns. Note: Going low prices not necessarily will bring volumes. Also get into it only if: You are passionate about the work you would do. Willingness to get your hands dirty, learn the job and master it. Loads of patience dealing with the blue-collar folks. It is easier said than done. They will leave you high and dry when you least expect it. Do this only if you can sustain for a long term. Short term you will lose money.

Here's what BHPian AJ56 had to say on the matter:

As someone who operates a detailing business in Gurgaon, let me try and answer each question to the best of my ability and knowledge. Taking my own case as a point of reference, for a 1500 sq.ft 4 bay + customer lounge set up in Delhi-NCR you’re looking at around 30-35L. This is all inclusive of interiors (major cost) + equipment + chemicals + insurance and brand and logo copywriting. Salaries and marketing will be extra on a monthly basis obviously. You can lower this cost significantly by a few lakhs if you decide on a smaller 2 bay set up but I wouldn’t recommend that as you’ll lose business eventually as you’ll always be short of space and will have to turn customers away due to a lack of free space. Demand is very non-linear and some days you may get 1 car and other days you might get 8. Most needed things: High quality pressure washer (min. 120 bar) with a healthy flow rate and an attachment for cleaning the vehicles underbody. Make sure you have a smaller back up pressure washer in case the main fails. Water softener or water filtration system to ensure water being fed to the pressure washer is free of contaminants that can harm paint due to the pressure. (We use an RO system with indoor tanks at our centre) Air Blower for drying, preferably electric as there’s no risk of oil droplets being mixed in with the air like with some oil based air compressors. Industrial grade wet + dry vacuums with a healthy tank volume, upholstery extractor for dry cleaning. Ideally have 2 vacuums as you don’t want workflow to be interrupted due to a failure. A combination of rotary and orbital paint polishers (actual number will depend on number of workers you have) and at the minimum 2 orbital sanders for removing heavier defects/orange peel. Great lighting, will consist of led roof and wall lights, focus and spot lights in your detailing bay and powerful handheld flashlights for checking the paint during and after correction. Detailing trolleys/brushes/sprayers/wash mitts/buckets/foam pads/etc. High quality chemicals, I won’t go into specifics but depending on your market positioning and pricing you should have a combination of shampoos, compounds, polishes, trim dressings, sandpapers of varying grits, etc. most brands like 3M, Capro, Meguiars, Gyeon will have detailer bulk pricing available. Ceramic coatings + PPF is upto you, can definitely start with coatings as the learning curve for actual application isn’t steep. Paint thickness gauge, you can get a cheap one for 9-10k on Amazon which will work well enough and give accurate paint thickness readings, this is critical if you want to check if a panel has been repainted or before attempting any moderate to heavy paint correction, as you want to know how much clearcoat you’re shaving off during a correction. PPE and Safety - nitrile gloves, dust masks + respirators for ceramic coating, protective eye glasses, rubber boots (for wash bay), fire extinguishers at every corner of the shop, security cameras with night vision, emergency light in case of power failure, alarm system at the shutters entrance points (since high end cars are left overnight during some jobs) Power backup - we have a generator that is used almost every day when the power is cut, unless you’re in a city with zero power cuts, this is absolutely essential. Rent or buy is upto you. For good to have you can include an air compressor and steamer although we hardly find use for them at our centre and they’re strictly optional. Make sure your compressor has a large enough tank otherwise it’ll keep cutting in and out every time you use it. You can also get a roof rail system for the pressure washer hoses but it’s not essential, chemical dilution machines again, optional. Dry ice cleaning machines are expensive and require safety training before use, wouldn’t recommend for a new detailing shop just starting out. Regarding IR lamps for quicker curing of coatings, not needed in my opinion as newer coatings do need it and you anyway should be leaving the car overnight before delivering it to the customer. Assuming it’s a new brand (not a franchise) and your service is top notch, you’re looking at roughly 1 year, can be a few months before or after depending on your monthly cost of operation. Your rent and salaries will be the main cost heads, chemicals should never exceed 10% of your total monthly cost of operation. It takes time to build a loyal customer base, I took 10 months for my first centre to break even before I opened the second, which took 6 months since I had a base by then, always remember repeat customers are much more profitable than new ones. Avoid spending too much on marketing initially as word of mouth is the most powerful and consistent method of acquiring new customers. One more thing, know that like with any business it takes a lot of effort and time (and money) to set up and operate, you’ll be working 9-10 hours, 6 days a week for a year but the rewards at the end will be well worth it. Educate yourself first before investing anything on the basics of detailing and then work your way up to higher levels, there’s boatloads of great information on detailing channels on YouTube, follow them. Feel free to message me if you have any further questions, happy to help. Good luck!

Check out BHPian comments for more insights and information.

  • Member Content

Related News

  • Information about ceramic coating: 5 key questions answered
  • Turtle Wax to open 2 new Car Care Studios in Bangalore
  • Experience at a state of the art car wash & service facility in Germany
  • Weird car cleaning practices and experiences
  • Car cleaning and washing: Service centre or independent shop
  • Bangalore International Auto Expo 2010: March 11-15
  • Mercedes Benz launches the E250 V6 petrol and E250 CDI Blue Efficiency V6 petrol and E250 CDI Blue Efficiency
  • Honda Launches Special Edition Jazz
  • Mahindra launched Thar at 6.5 lakhs

Find Car News

New-generation Jeep Compass could debut later this year

Team-BHP.com

  • Road Safety
  • Key Features

garage business plan in india

Buy & Sell USED CARS

  • Rs. 2 Lakhs or less
  • Rs. 2 - 4 Lakhs
  • Rs. 4 - 6 Lakhs
  • Rs. 6 - 8 Lakhs
  • Rs. 8 Lakhs or more

Its better to sweat than bleed. Wear riding gear

  • Supercar hot laps around Thruxton!
  • B.R Hills & Kabini in my GLC 300
  • Auto-dimming IRVM for Scorpio-N
  • EV owners, what's your lowest AEC?
  • 4x4 Wars | Force Gurkha vs Rivals

View Pictures of Supercars

Become A Fan

Stay updated.

Keep yourself tuned in to the Indian automotive scene via Twitter, Youtube or RSS feeds.

A helmet will save your life

garage business plan in india

  • Learn English
  • Universities
  • Practice Tests
  • Study Abroad
  • Knowledge Centre
  • Ask Experts
  • Study Abroad Consultants
  • Post Content
  • Career Guidance

How to start an automobile repair business in India

Do you want to start your own business but lack the business ideas? Have you an interest in automobiles? Then, opening an auto repair shop can be one of the best options to start own business. In this article, I have mentioned all the important aspects necessary to start an auto repair shop. Auto repair business is one of the most profitable business ideas and is considered to be a good money making venture.

Auto repair business: Introduction

Factors to be considered before starting an auto-repairing business.

  • Business plan : The most important factor to start a business is to prepare a proper business plan. A good business plan explains all the minute details which is required to start a business. Whether selecting a location, or arrangement of finance, or hiring employees, each activity associated with the business requires planning. A business started without any plan is liable to fail. Therefore, the first step to start an auto repair business is to write down a business plan. If you are unable to write down the business plan, you can take assistance of any small business administrative.
  • Location : After business plan has been designed and finalized, the next process is selection of the location to set up the business. A good location proves to be the key of an auto-repairing business. Therefore, a survey should be done before selecting the location to start an auto-repairing business. If you select a location having cheap rent, but the frequency of automobiles coming in that location is less, then it would be hard to make money from the auto-repairing business. So, the location of auto-repairing shop must in high traffic area. Another aspect to be considered while selecting a location is the distance between two auto-repairing shops. If the auto-repairing shop is started next to an established repairing shop, then it may prove to be a disadvantage. Therefore, an auto-repairing shop must be set up at a distance from other shop offering same services. The location must be accessible to the customers and must have necessary facilities such as waiting zone and washroom. Hence, the business owner must choose a location which may prove to be profitable for the auto-repairing business in a long run.
  • Experience : Most of the people, find it hard to start an auto-repairing business. If you have hands-on experience in this field, then it's an added advantage for you. However, if you do not have any knowledge, you can join any training course and get the certification. If you do not wish to indulge yourself in servicing and just want to be the owner, then you must hire experienced mechanics and technicians for your business. Hiring qualified and talented mechanics is very difficult task. The owner of the business must take full time and do proper verification before hiring any employee.
  • Tools : A good auto repair businessman always aims to organize the garage which fits the business needs. A good auto repair shop possesses an organized room for the spare parts in which all the tools and supplies are arranged in orderly manner. The tools used in auto-repairing service can be cheap as well as expensive. The small tools such as wrenches, air tool can be bought at cheap price. But, tools like lift, wheel balancer, brake lathe are costly. If the requirement of the business is to buy additional tools in order to run the new business smoothly and effectively, then it should be purchased right away. But, budget should always be concerned. Wasting money on unnecessary and extra things is not a good idea for the business.
  • Money : A business owner should have enough finance to pay all the business as well as personal bills. Before starting the business, a person should try to arrange the money from family members, friends and relatives. One can take loans from the bank providing the necessary documents. Do not waste the money on unwanted things. A good businessman never lets the situation go off the head and is always prepared for the worst situation. Therefore, financial management is very important to run the business efficiently.
  • Type of service : One of the important aspects to be considered while starting an auto repair business is the type of services being provided by your shop. There are several services offered to automobiles. Some of the shops specialize in servicing body parts such as brakes, types, windshields, transmission, and automobile electrician. Some shops have the specialization in oil servicing, paintwork for scratches and dent repair. So, it is important to decide the service which is going to be offered by the auto repair business. In India, usually, all type of services is provided by the auto repair shop.
  • Rate : Set up the competitive rate for the services being offered at your auto repair shop. The rates must neither be too high that customers find the service expensive and hesitate to come to your shop. Nor, it must be too low that your business goes in the loss.
  • Name of the business : Though it is not a difficult task, but the name of the business must be attractive and should describe the business. A silly name of the business may fail to attract customers to the shop. One should be creative and should select the name which is unique and easily identified. The name should set your business apart and different from other competitive business.
  • Advertisement : Publicity of your business is must. Use pamphlets, newspapers to advertize your business. The flyer must mention your business, name, address and contact number if possible. One can ask the local distributor to place the pamphlets in the daily newspaper. You can place a small advertisement in the classified section of the newspaper. Ask your friends and relatives to tell others about your shop and its services. Try to provide attractive offers to attract the customers. You will have to be creative to make your business popular. A proper assessment helps the businessman to know that profit is generated from which type of advertisement. Do a survey to know that most of the customers coming to your shop come from which area.
  • Registration and license : After everything has been set up at proper place, register your shop/garage/ auto repair business. Obtain the license and permits to start the auto repair shop.
  • Protection and insurance : Protection is must for any business. A good business is the one who has made all the necessary arrangements to tackle any type of mishaps. Therefore try to get correct insurance for your which would protect you and your business completely.

Related Articles

My interview at bajaj allianz for graduate trainee, upsc ias training academies, staying in chennai - tips for first-time visitors, staying in chennai - places to visit & shop, faq for sap training, poly cystic ovaraian syndrome / disease (pcos/ pcod) : how do i know, prescribing in renal failure, rain water harvesting and its methods, maa vaishno devi trip, vaishnodevi pilgrimage shrine board india, my hr interview with keane, chennai.

More articles: AI AI AI

What are the Registration & Licenses need to be obtained for Running Car Garage in Karnataka

  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.

Top Contributors

  • ABSivakumar (15)
  • Saji Ganesh (6)
  • Neeru Bhatt (167)
  • Umesh (158)
  • Vandana (142)

About IndiaStudyChannel.com

Being the most popular educational website in India, we believe in providing quality content to our readers. If you have any questions or concerns regarding any content published here, feel free to contact us using the Contact link below.

  • Admissions Consulting
  • Adsense Revenue
  • Become an Editor
  • Membership Levels
  • Winners & Awards
  • Guest Posting
  • Help Topics

STUDY ABROAD

  • Study in Foreign Universities
  • Study in Germany
  • Study in Italy
  • Study in Ireland
  • Study in France
  • Study in Australia
  • Study in New Zealand
  • Indian Universities
  • Nursing in Mangalapuram
  • BDS in Mangalore
  • MBA in Bangalore
  • Nursing admissions in Mangalore
  • Distance MBA
  • B Pharm in Mangalore
  • MBBS in Mangalore
  • BBA in Mangalore
  • MBA Digital Marketing
  • Privacy Policy
  • Terms of Use

Promoted by: SpiderWorks Technologies, Kochi - India. ©

Logo

  • Advertising
  • Privacy Policy
  • Terms of Service

5 Most Popular Online Slot Machines with Exciting Bonus Games

Period Pain Relief: Understanding Your Options and the Benefits of Meftal Spas

The Best Historical Sites in Ethiopia

Learn 10 Interesting Ways To Play Teen Patti in 2024

The Importance of Margin Calculators in Your Investment Strategy

Simplify Your Finances: Avail Collateral-Free Business Loans With Kotak Bank

ELSS vs Equity: Which is Best For Tax Saving?

Unveiling the power of homepage backlinks.

Newsclick Founder’s Arrest ‘Invalid In The Eyes Of The Law’! How Are Draconian Laws Like UAPA, Which Was Enacted To Protect The National Interest,...

Why Are We Letting Our Forests Burn? With Recent Wildfires In Uttarakhand And Simlipal, What’s Next To Ignite If Authorities Don’t Act?

A Detailed Analysis of Elections In India 2024, Role Of ECI As A Leashed Dog & Elections Effects On India & Indians.

11 Things Every Employer Should Offer Their Employees

Comparing India & China On Gdp, Per Capita Income, Standard Of Life & 10 More Matrices

Former RBI Governor Subba Rao Rings The Bell On Why We Can’t ‘Celebrate’ Yet On Becoming The 3rd Largest Economy; Truths About Indian Economy...

India’s declining birth rate: a looming crisis, the unseen crisis: mental health struggles of medical students in india, crisis in iit placements: an in-depth investigation.

Indian Food Chains & Restaurants Are Feeding You Diseases & Death – Not Food. Food Delivery Apps Are Equally Responsible

Top 31 Automobile & Car-related Business Ideas to Start in India by 2022

nishi

Top 31 Automobile &amp; Car-related Business Ideas to Start in India by 2022

Due to India’s economy and technology boom, the automobile industry is on the rise. New businesses and startups have flourished as a result. Despite the slowdown in the economy, the number of car care businesses is expected to increase. The future seems full of opportunities for further growth based on the forward-looking indicators.

Innumerable jobs are created, and the society of Indian automobile manufacturers provides business opportunities. Vehicles are becoming more prevalent. An individual vehicle owner’s increasing average mileage is another factor. Innovating and creative entrepreneurs are attracted to the automotive industry. That’s why we have some great business ideas involving automobiles and cars for you.

Ideas for Businesses related to Automobiles & Cars

10 highly profitable automobile business ideas – AtulHost

  • Open an Auto Interior Shop

Automobiles are designed to offer a comfortable, plush, and individualized experience tailored to the individual’s needs. Though the exteriors of an automobile should be considered in the context of others, you also have to consider the interiors if not for the benefit of others.

Today, auto accessories shops are becoming increasingly popular and delight vehicle owners. In this regard, an auto interior shop can be a good business option if you are interested in automobiles.

  • Lubrication Oil Retail Shop

Certainly, fuel oils are necessary for an automobile, but we often overlook lubrication oils, which are just as, if not more, important. A vehicle’s ability to function at its best is directly related to its lubrication oil. Despite this, lubrication oil is not sold everywhere, except in petrol stations, making it even more difficult to get.

  • Electric Vehicle Charging Station

The popularity of electric vehicles (EVs) is rapidly rising. Additionally, the manufacture of electric cars is also receiving all the world’s support to finally rid ourselves of our cursed carbon footprints. 

In addition to reducing overall costs and pollution, electric vehicles also need readily available charging stations to thrive. Anyone looking to build an automobile-related business can, therefore, benefit from investing in electric vehicle charging stations. 

  • Automobile Franchises

As the number of automobiles on the road increases, the automobile franchise business is growing rapidly. Therefore, a car franchise is a great option if you have a business idea to start in the automotive industry.

  • Car Wash Business

Mobile car washes are an excellent way to make a lot of money without risking a lot of capital. Mobile car washes also allow you to avoid having a retail storefront. 

  • Trucking business

Transport of goods from the manufacture to the state of consumption is part of the automobile business plan. Raw materials, machines, cooked products, etc., are transported. India’s automobile industry can benefit greatly from this.

  • Packers and Movers

Throughout life, everything changes, and we never know where we’ll be one moment from now. The good news is that we can always keep our belongings safe with reliable packers and movers services. Packers and movers services remain a valuable vehicle business idea that ensures positive returns as long as there is a constant demand for trustworthy movers.

  • Automobile Spraying & Branding Workshop

The automobile is seen as a useful travel companion and a symbol of class and status. Above all, it should be maintained well to receive the appropriate level of service. Furthermore, everyone wants to make their cars look dapper and unique on the road, and this is why most people decide to opt for automobile spraying services, which set their vehicle apart from the rest. Further, branding your automobiles by sprinkling them with your brand colours is effective. You may well find success in setting up a spraying and branding workshop if you are interested in automobiles and looking forward to creating profitable business ideas in the automobile industry.

  • Sale of Motor Vehicle Insurance

Vehicle owners are at risk of theft, accidents, and damages when their vehicles are present. A car is an expensive purchase that a specific policy shouldn’t cover. Those who sell motor vehicle insurance can also make a lot of money out of business; many people make a fortune by selling motor vehicle insurance. 

  • Auto Locksmith Business

A car’s insurance service and its locks are responsible for its security. Imagine going without locks on a car? It would be a nightmare, wouldn’t it?

Security is also becoming an increasingly important concern and the launch of high-end, expensive vehicles. There is no way to predict when our car locks will suddenly break down. But when we employ a reliable and experienced locksmith, we’re in good hands. The demand for auto locksmith services will not go down anytime soon, making the business a rare but lucrative choice.

  • Vehicle Licensing Brokerage Service

Regardless of where you live or the type of vehicle you drive, you will need a vehicle license. Additionally, it is pretty lucrative. Does the licensing of vehicles have a full-fledged industry?

While brainstorming business ideas in the automotive industry, you can also consider vehicle licensing and brokerage services, given the increasing demand, it is experiencing lately.

  • Tire Store Retail Business

Managing tire store business opportunities requires complete inventory control and knowledge of tire types with unique numbers. Small towns and metropolitan cities both offer the chance to start this business.

31 Automobile Business Ideas and Car-related Business Ideas

Food is always a profitable business, even though automobile business plans involve food in India. Consumers near beaches are especially attracted to these food trucks.

  • Battery Reconditioning Business

The battery reconditioning business can restore batteries with lost capacity to their total capacity. Chemicals and simple methods can be used to regain capacity. Due to the growing vehicle population and cost-conscious consumers, it is evident that this business has significant potential to grow.

  • Rental and Ridesharing Cars

Business plans for rental and ridesharing cars and bike rental startups experienced the most growth. An example of the same is uber and ola. India’s automotive industry is poised to benefit from the arrival of rental cars and ridesharing.

  • Automobile Magazine

A profitable automobile business idea is to publish an automobile magazine. The market has a high demand for such a magazine. Individuals can launch this business with a professional editorial and marketing infrastructure by focusing on a niche audience.

  • Vehicle Review Blogging

Anyone can start a vehicle review business from home at a low cost. This review blog will help individuals decide about a vehicle that’s right for them by offering them information.

  • Mobile Windshield Repairing

A mobile windshield repair business can be developed with low startup capital from the comfort of your own home. The company requires little inventory and low operating costs, making it suitable for anyone with a good marketing plan.

  • Airport Bus Shuttle Service

Airport shuttles require no introduction. The ability to move larger crowds to their flights inside the airports quickly requires vehicles like buses. If you consider starting a vehicle business, the shuttle service can also serve as an excellent option.

  • Auto Accessories Store

There are a growing number of automobiles, and with an increase in automobiles comes an increase in the need for their maintenance. It is a great business plan for those looking to build an automobile-related company as auto repair and accessories stores have multiplied their incomes manifold during the last couple of decades.

  • Aviation Fuel Supply

Travel is one of our favourite pastimes. Aeroplanes allow us to travel within or outside our country as fast and efficiently as we desire at affordable rates, and they make our trips as comfortable as we desire. Fuel supply, in general, has also been increased by this expansion of the aviation industry. You should, therefore, consider aviation fuel supply services when thinking about vehicle business ideas!

  • Exporting Automobile Parts

Exporting automobile parts is the next step in the automobile business plan. Several factors make India an ideal source of spare parts for many foreign manufacturers. The country is the top supplier of spare parts for global luxury brands.

  • Auto-Body Store

Services provided by the auto-body store include repairing and building automobile bodies and selling spare parts and accessories related to automobile bodies. With the growing number of vehicles, auto-body stores will also see increased business opportunities.

  • Tow Trucking Service

When a vehicle is damaged or abandoned, a towing service business helps the owner wheel their car to the service station or where it will be parked. It requires substantial capital investment for an entrepreneur with knowledge of the towing arrangements for breakdown vehicles to start this business.

  • Automobile Repair Service

Bridging the Divide: Autonomous Vehicles and the Automobile Industry |  Center for Strategic and International Studies

A thriving automobile business idea, this is perineal among automobile business ideas. This business model can be rewarding in this industry, and it is a quintessential model. Regular maintenance and repair of automobiles are a given because of their constant use.

  • Driving school

Driving schools can be a self-rewarding and profitable business. Someone with a flair for marketing can initiate running a driving school.

  • Restoration Business

Due to the lack of restoration professionals, the revival of vintage cars has been considered a luxury. The restoration of automobiles and other automotive business ideas have picked up momentum in India after the internet boom. 

A change in the economy has led to a change in taste among the people of India, leading to “customization” based on their personal preferences. In addition, there have been many festivals displaying antique cars in the metro cities. Previously useless cars are being restored to their former glory. Based on the quality of work in the automotive industry in India, the restoration of automobiles can be highly profitable.

  • Courier Service

The Indian Postal Service is the oldest courier service in India. In 1774, the company began operating in the country. A field with a rich history of 224 years, which has only improved and grown greatly throughout the country. Furthermore, the automotive industry has offered huge opportunities to start-up companies looking to expand into this sector. Therefore, it is a worthwhile investment to start a vehicle business. 

  • Dump Truck/Waste Disposal Service

Disposal services and fresh delivery go hand in hand. The industry must attract newcomers with decent ROI by offering effective disposal services. The industry must manage waste effectively. Dump trucks or waste disposal services may be a good choice for innovative and promising automobile business ideas, given the rise in popularity they have seen in recent years.

  • Limo Service

With the development of automobile technology, inconvenience, comfortability, cost-effectiveness, and luxury have all been combined into one. Four-wheelers offer affordable cars that satisfy the general public’s needs and the advantage of premium vehicles that appeal to the affluent. When it comes to automobile-related businesses, limo services are one of the best high-end services modelled after the automobile industry.

  • Mobile Mechanic Service

Only well-maintained automobiles perform well. A well-functioning automobile depends on good auto repair and maintenance. Up until now, automobile mechanics have provided stationery services. Mobile mechanic services are a revolution that has entered the industry with the appearance of mobile mechanic services. As a result, this is also creating a large number of new employment opportunities and, together with it, is propelling the present generation of entrepreneurs.

  • Automobiles
  • smallbusiness

nishi

Comparing Manual vs. Automatic Coffee Machines: Which Is Right for You?

Leave a reply cancel reply.

Save my name, email, and website in this browser for the next time I comment.

Most Popular

Recent comments, editor picks, popular posts, digital health’s role in improving patient engagement, university of washington spinout split bio raises cash for rna sequencing kits, google report: southeast asia’s digital economy to triple to $240 billion by 2025, popular category.

  • Trends 26091
  • Stories 10879
  • STARTUPS 2598
  • Business 1469
  • Finance 842
  • Interviews 299

Inventiva is a business Magazine covering startups, entrepreneurs & their journey. We bring some of the most talented, different & potential & motivational entrepreneurs.

Contact us: [email protected]

© Inventiva Brand Of Nine Network Private Limited. Nine Network A Company Registered Under Indian Companies Act 2013 And Registered As Nine Network Private Limited CIN: U74140DL2016PTC289760. Inventiva Is A Fully Licensed & Registered Print Media With RNI Under MIB Registration Number DELBIL/2018/76160.

  • Website Stats & Print Circulation
  • TERMS OF USE
  • Ownership And Funding Policy
  • Fact-checking Policy
  • Ethics Policy
  • Corrections Policy
  • Business Directory

Former RBI Governor Subba Rao Rings The Bell On Why We...

  • Budget 2024
  • Cryptocurrency
  • Real Estate
  • Submit Article
  • Privacy Policy

Logo

COVID-19: Amazon India partners with Acko General Insurance to offer free health insurance to sellers

Casio to release mr-g inspired by specially crafted 40th anniversary kabuto helmet, ampere and royal challengers bangalore announce a stylish and sustainable cheer squad, first-of-its-kind in the history of t20 cricket, addressing students’ challenges and syllabus confluence: nitin viijay on motion education approach to neet and iit jee prep, importance of technology innovations for achieving business growth.

As the Indian Automobile Industry resumes a growth story, the car servicing industry too is poised for growth with multi-brand car service driving the future trend.

‘Going by the numbers’

The Automobile industry contributes 7% to India’s GDP. Automobile production in 2021 stood at 92 million and the industry turnover by 2021 end is expected to be 2 trillion dollars and cars sold by 2021 will be 75 million.

Also, the CAGR was 36.4% during FY’15- FY’20. Consequently, the car servicing business is fast picking momentum to cater to the growing demand of this large car population in the country.

Let’s understand the key factor pinning a bright future for the multi-brand car service industry:

The surging number of post-warranty cars in India .

India’s automotive industry is witnessing a growing trend in the number of post-warranty cars, resultantly it is generating higher demand for multi-brand car service companies in India. The market research data suggests that 65% of the post-warranty cars visit the multi-brand service centers in India whereas, only 35% of post warranty users head back to the authorized service centers.

To cater to this ever-increasing demand, the Multi-Brand car servicing stations, providing cost-effective yet high-quality repairs. It offers 40% less as compared to the authorized car service center. Hence it is one of the major reasons for consumers to switch to the multi-brand service center during the post-warranty period. The number of post-warranty cars is anticipated to witness a CAGR of 3% during the forecast period FY’20-FY’25.

Strong Used Car Sales growth

India sold about 4.4 million used cars in FY21 compared to 2.7 million new cars. Also, pre-owned car sales are currently 1.5 times more than new car sales, the gap is set to increase in the coming years. Besides used car market is also anticipated to cross 8 million by 2025.

Moreover, Demand for 4-wheeler would continue to build up and will primarily be driven by a multitude of factors such as the virus spread concerns, Tier II and III cities will be contributing in a big way, owing to an increase and easy financing options becoming available, greater need for mobility and as well as the desire to own a car, which perhaps continues to be one of the biggest drivers still.

This growth in used car sales will signal a rise in the average age of cars, which will therefore influence the growth of the allied market which is the car service market.

Technology disruption in Multi Brand Service Center in India :

The Indian car service market is also experiencing an emergence of auto-tech servicing startups, consequently, there is a consolidation of the huge unorganized car repair garage segment of service. Adoption of state-of-the-art technology has been a prerequisite for multi-brand networks to stay ahead of the curve.

Playing big on convenience Companies are synergizing convenience for the consumers like app-based tracking, live updates, tailored services and communication, transparency, ordering spare parts, Offering a warranty on car services along with genuine OEM and OES flexible spare parts. Complete transparency and liability with all charges upfront is another benefit.

Also, an increase in the use and adoption of technology by the players in this industry is allowing for a more hassle-free deployment of services.

‘A promising future’

The after-sales care service market in India post-COVID-19 has seen a gear shift in the last year. And 2022 will pin a brighter future as the industry is on a growth trajectory.

The start-ups operating in this niche will continue to witness an upward growth trend in popularity and acceptance, especially among millennials. 

Synergizing factors such as excellence, ease of use, and sheer convenience is what is letting these startups have a competitive advantage and they are riding high on these elements to grow more.

On the whole, tech-driven multi-brand car service platforms in the year 2021 have been phenomenal and even the future is promising as data analysts forecast that – Auto servicing sector is expected to be worth it by 2025.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Arvind Verma

More Latest Stories

22bet bangladesh comprehensive overview, interview: plus point ceo niket agarwal on rising demand for smart home security solutions, rise of hyperlocal advertising; targeted commercials gaining ground, related stories.

Krishna Mali

VoIP Number for Telegram: How to Get?

Preserve the earth for future generations.

Mukesh Kwatra

Bitcoin drops 12% low after hitting 18 months high at $14,000 this week

Key differences between a burner phone & prepaid phone.

  • Our Authors

© 2024 TechGraph. All Rights Reserved.

Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Auto Repair Shop Business Plan

Start your own auto repair shop business plan

F and R Auto Repair

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

F & R Auto (F & R) is the desire of John Ford and Michael Ronald who together have 30 years experience as auto mechanics. Both have a dream of starting up their own company and offering better service to their clients than competitors.

1.1 Objectives

The objectives over the next three years for F & R Auto Repair are the following:

  • Sales revenues increase steadily through year three.
  • Institute a program of superior customer service through rigorous evaluation of service experience.
  • Hire three more mechanics.

Auto repair shop business plan, executive summary chart image

1.2 Keys to Success

In the auto repair industry  a company builds its client base one customer at a time and mostly through word of mouth marketing. With this in mind, the keys to success for F & R Auto Repair are:

  • High-quality work.
  • Constant contact with clients so as to keep them informed about the state of their automobile and the repair job progress.
  • Knowledgeable mechanics that are friendly, customer oriented, and will take the time to explain to customer the intricate nature of our business and our work.

1.3 Mission

The mission of F & R Auto Repair is to provide high quality, convenient and comprehensive auto repair at low cost. The most important aspect of our business is trust. It is the goal of our firm to have 100% customer satisfaction in regards to quality, friendliness, time to completion and to discover new ways to exceed the expectations of our clients.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

The company will be a partnership with John Ford and Michael Ronald each owning 50% of the company. The company will be a limited liability company registered in the state of Washington. The firm will have facilities on 1312 1st Ave NW in Ballard, a neighborhood of Seattle. The facilities will contain a two-bay garage, office space and storage space for tools, parts, etc.

The company is seeking a  loan in order to finance the start of operations for the company. Each of the owners will be putting up some of their own capital as equity.

2.1 Start-up Summary

The data obtained for the start-up comes from research done in the Seattle area with other small mechanic shops who have started their own business. Inflation has been taken into account between the estimates of these fellow business owners (and when they started) and the current prices for expensed items.

Much of the equipment to go into the facilities such as tools, air compressors, etc., are currently owned by the two partners.

Auto repair shop business plan, company summary chart image

F & R Auto offers a wide range of services as outlined in the detailed sections below. It is ultimately the goal of the company to offer a one-stop facility for all auto servicing needs, including brakes, transmission, wheel alignment, etc. In this way the company can offer greater perceived value for the customer than many other shops which specialize in certain areas.

The industry is highly competitive with suppliers having a great deal of power in setting and negotiating the prices of their products and services to repair shops. In addition, because the customers see the service as undifferentiated and a “commodity” with little value separation between competitors, buyer power is also very high. Finally, the barriers to entry are moderately low, and the large number of competitors in this field, including substitutes (such as do-it-yourself work) mean that the pricing for such services are very competitive. The only way to have an advantage in this industry is a low cost leadership principal applied aggressively or to create higher switching costs through the building of strong business to customer ties.

F & R Auto will hire trained and certified mechanics who are able to prove they have superior customer awareness and interaction. It is the company’s professional people who will fulfill the firm’s contracts and goals. The largest part of the company’s expenses will be in labor costs.

3.1 Service Description

F & R Auto provides a wide range of auto repair services. These include:

  • Scheduled maintenance.
  • Wheel alignments, tires and rims.
  • Brake repair.
  • Comprehensive engine repair.
  • Transmission.

Each job or project will be on a reservation basis, although we will accept a small percentage of drive in repair work.

3.2 Competitive Comparison

The auto repair industry is highly competitive. Each company within this field has high capital costs, low margins, and a high intensity of competition.

 Suppliers have a great deal of power in setting and negotiating the prices of their products and services to repair shops. This is due to the fact that the suppliers who absorb the greatest amounts of cash from repair shops are large auto part companies. These companies are more consolidated that the repair industry, have deeper pockets, an almost limitless number of substitute customers, and finally they are the single most important supplier to F & R’s industry. Therefore, these companies can set whatever price they wish to. Furthermore, labor is a supplier in this industry as well, and salaries for such individuals are well known and not very flexible.

 In addition, because the customers see the service as undifferentiated and a “commodity” with little value separation between competitors (if they offer a suitable level of quality) buyer power is also very high. Additionally, the costs of our services are not cheap, and buyers are willing to search for the most favorable combination of price and acceptable service.

 The barriers to entry and exit are moderately low in this industry. Switching costs are virtually non-existent and the costs to entry and exist the market are low. The large number of competitors in this field including substitutes mean that the pricing for such services are very competitive. The only way to have an advantage in this industry is a low cost leadership principal applied aggressively to all aspects of the business or to build up customer relations to a point where the switching costs are raised.

3.3 Technology

The technological revolution in computers has enhanced our abilities to diagnose and repair our clients vehicles. F &R will remain on the cutting edge by instituting the use of computer diagnostic equipment in its shop. The company will continue to seek new ways to provide a better service through technology.

3.4 Future Services

The company does not have any plans to create further services at this time.

Market Analysis Summary how to do a market analysis for your business plan.">

Brought to you by

LivePlan Logo

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

4.1 Market Segmentation

The following table and chart show the market analysis for F & R Auto Repair.

4.2 Service Business Analysis

This section is covered in the Competitive Comparison section of the Plan.

4.2.1 Competition and Buying Patterns

While many customers looking to purchase automotive repair services are concerned with price, the primary concern is with building a relationship of trust between themselves and their service provider. A large number of people within the country have experienced or heard of bad service encounters within this market. As a person’s car is usually connected in one way or another with that individual’s livelihood, a dependable automobile is crucial. Therefore, many clients are willing to pay a little more for a mechanic they feel does a quality job and understands their needs.

An automotive repair company that can anticipate, meet, and even exceed customer’s needs can build a defensible position within the market place and acquire market share at the expense of other rivals.

4.2.2 Main Competitors

As stated before, the automotive repair market is very fragmented. The chief competitors in this industry for F & R are the high quality automobile dealerships and licensed service reps. This includes Toyota, Ford, Chrysler, and other major brand names. Within F & R’s immediate service vicinity, There is Rodham’s Toyota, Lester Ford and Woodmark’s Chrysler dealerships. Each of these direct competitors have a service facility. These competitors dominate the market place, have the largest market share, and have advantages such as specially trained personnel, access to lower priced parts and tools, and deep pockets. The other competitors are mostly “mom & pop” style outfits that make up the majority of the competition. For F & R this includes Dave’s Auto Repair, The Taller Mechanico, Kirkland Auto and Body, and Vancouver Auto. The advantages of these firms is that they can seek a low cost leadership strategy due to lower personnel costs. However, they have a much more fluid customer base and higher customer turnover.

F & R will seek to compete initially in the low cost strategy. At the same time, it will seek to provide a higher level of customer satisfaction by having more rigorous quality control and seeking ways to enhance the entire service experience (not just repairing a person’s car). In this way it will lock in a loyal customer base who value the client-service provider relationship.

4.2.3 Business Participants

The auto repair industry is highly fragmented. In fact, there are so many small providers that any company in this industry is facing a purely competitive environment. It is very difficult to create a differentiation, or niche, strategy in this environment and until F & R is able to establish a reputation for quality, on time, superior customer service, the company will seek a low cost role. Once it has achieved what management believes to be a sufficient reputation for its services along with a profitable customer base, the company plans to leverage this advantage into a differentiation strategy that will be able to charge more for its services.

Strategy and Implementation Summary

The following section outlines the company’s strategic focus in growing the business.

5.1 Competitive Edge

F & R Auto’s competitive edge lies in the vision of its partners, who understand better than many of their rivals that a service visit does not just include repairing a client’s car, it includes the entire service experience from the first time a client talks to their mechanic until they decide to stop driving. The long-term profitability of a service firm of this type lies in the repeat customer that finds F & R’s services an excellent experience, DESPITE the fact that they usually have suffered a inconvenient breakdown. The company will seek to examine ALL aspects of the service experience to seek ways to improve its customer satisfaction. In addition, all employees will be rigorously trained and retrained to think about customer satisfaction in order to create a self-sustaining company culture that revolves around this issue.

5.1.1 Positioning Statement

It is the express purpose of F & R to become the local leader in quality and service experience of all the small (non-dealerships) automotive repair firms within the Seattle area while maintaining a low cost plan. Once a reputation for quality and service experience is created, and an ongoing network of referrals is bringing in new business, the company plans to re-evaluate its strategy and positioning within the market to see if a differentiation strategy is viable. If so, this will allow the company to raise prices and increase profit margins in relation to its rivals. This in turn is expected to leverage long-term growth until F & R can reach a regional scope of operations.

5.2 Marketing Strategy

The company has a modest program of marketing its services that include the following:

  • Direct mailers.
  • Newspaper ads.
  • Yellow pages.
  • Referrals through other local businesses.

Each of these marketing approaches has the advantage of being low cost and creating service awareness. The company’s long-term marketing goals are to use local radio and TV ads similar to the Les Schwab Tire Center ads.

The company is also investigating the possibility of having a grand opening program that would feature discounts, food, a local radio disc jockey, and other promotional ideas.

5.2.1 Promotion Strategy

The principal owners of F & R Auto expect that a significant number of their pre-existing clients (where Ford and Ronald currently work) will desire to switch to F & R Auto to retain the services of their personal mechanics. This will provide a sufficient income until F & R can build up a reputation and see its marketing program take effect.

This promotion strategy will take the form of flyers, direct mailers, price discounts, and advertisements in newspapers and yellow pages. F & R does not desire to spend a large amount on marketing until the firm is ready to expand either into new facilities or open up new ones. It is estimated this will occur sometime after year five.

5.2.2 Pricing Strategy

F & R Auto exists in a purely competitive environment where each firm must be a price taker. In other words, the firm has no ability to affect the market price of its services, regardless of how many automobiles it repairs. In this case, therefore, marginal revenue (the revenue incurred by producing or servicing one more unit) is equal to the price charged. Furthermore, because the demand curve is essentially horizontal, F & R can service automobiles at total capacity without effecting the price.

5.3 Sales Forecast

Since the automotive repair industry is, operationally, a job-shop environment, it is somewhat difficult to estimate sales. For job-shops, each individual product or service is tailored or unique to that job, and is only initiated once an order is made. However, the sales forecast reflect the professional opinion of Mr. Ford in how much sales he will make based on the following assumptions:

  • The number of clients Ford and Ronald can attract from their previous companies.
  • The effect of planned promotions and word-of-mouth marketing.
  • Current prices and costs of doing business.
  • The types of automobiles and jobs that will occur in every month.

For the most part, sales for an automobile repair firm are steady year round and reflect little seasonality.

The table and charts below outline the sales forecast.  Three years of annual sales and costs of sales are shown.  Twelve monthly tallies are included in the appendices.

Auto repair shop business plan, strategy and implementation summary chart image

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

John Ford began working as an apprentice mechanic in his father’s shop in 1984. Since that time, he has worked for a variety of automotive shops and dealerships and has numerous certificates in automobile repair. During the past two years Mr. Ford has attended Bellevue Community College where he received an Associates degree in business administration in June of 2000.

Michael Ronald attended ITT Technical Institute where he received a certificate in electronics repair in 1980. In 1983 Mr. Ronald went to work for Jim Click Ford Dealership in Tucson AZ, where he worked on automotive electrical and electronic systems. Desiring to expand his skills, Mr. Ronald received a mechanic’s certificate in 1988 and since then has become certified in various automotive fields. In anticipation of F & R’s business needs, Mr. Ronald is taking night classes at Seattle University in marketing.

6.1 Personnel Plan

F & R’s initial staffing will consist of Ford and Ronald, plus Ronald’s wife who will act as a part-time office manager. The company will seek two entry level mechanics to be hired within a few months after the company is operating. Accounting, bookkeeping, and marketing services will be outsourced. The company’s intermediate goal is to have four full time, fully trained mechanics at the original facility, plus a full-time office manager. However, management has decided to await future developments before determining the best time to bring on such personnel.

Financial Plan investor-ready personnel plan .">

The following sections outline the financial plan for F & R Auto Repair.

7.1 Break-even Analysis

The company’s Break-even Analysis is based on an average company’s running costs within this industry, including payroll, and its fixed costs for such things as rent, utilities, etc.

Auto repair shop business plan, financial plan chart image

7.2 Projected Profit and Loss

The following table and chart show the projected profit and loss for F & R Auto Repair.

Auto repair shop business plan, financial plan chart image

7.3 Projected Cash Flow

The following table and chart are the projected cash flow figures for F & R.

Auto repair shop business plan, financial plan chart image

7.4 Projected Balance Sheet

The following table shows the projected balance sheet.

7.5 Business Ratios

The Business ratios give an overall idea of how profitable and at what risk level F & R Auto will operate at. The ratio table gives both time series analysis and cross-sectional analysis by including industry average ratios. As can be seen from the comparison between industry standards and F&R’s own ratios, there is some differences. Most of these are due to the fact that there is a very large variance in assets, liabilities, financing, and net income between companies in this industry due to the vast differences in company size.

Overall the company’s projections show a company that faces the usual risks of companies in this industry and one that will be profitable in the long-run. The company shows that it has higher SG&A costs than other competitors, however management has deliberately overstated costs and minimized profits in order to create a “safe” or “buffer” zone in case of hard times or other unforeseeable problems. Pre-tax return on net worth and pre-tax return on assets appears to be very high, especially within the first two years, however this is due to the fact that the company will be operating with fewer assets than most companies in the first few years until it can build up enough cash to acquire the tools and facilities that are desired and go beyond the “adequate” level.

Garrett's Bike Shop

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

LivePlan pitch example

Discover the world’s #1 plan building software

garage business plan in india

  • Business Ideas
  • Dealership Ideas
  • Franchise Ideas

How to start a Two-wheeler Spare Parts Business in India?

  • by SBH Team
  • October 7, 2023

India has the highest number of two-wheeler users in the world. People prefer two-wheelers because of affordable price, easy maintenance, traffic conditions etc.

When there are so many two-wheelers in the country, their spare parts are also in demand.

If you are interested in the two-wheeler vehicle industry you can start a two-wheeler spare parts shop and earn a good income.

This article provides you with complete details related to the bike spare parts business, the investment required, profit margin, spare parts business plan, manpower etc.

In this Post

How to start a bike or two-wheeler spare parts shop

To start a two-wheeler spare parts shop you need good knowledge about all the bike or scooter models as well as their parts and accessories.

Without the proper knowledge, if you start this business by relying only on workers, it is very difficult to succeed.

You may need at least one year to fully understand this business. You can get this experience by working in another shop.

After getting enough knowledge about the business, you can start a spare parts business with a proper business plan.

Having a Mechanic or Garage along with the shop

You can hire a mechanic at your shop or set up a garage and rent it out to a mechanic.

By doing this you can supply the spare parts needed by that mechanic/garage at a slightly discounted price.

This will give your shop regular orders and increase your monthly sales.

Two-wheeler spare parts business plan

Location plays a very important role in the success of any business. You can start a two-wheeler spare parts business at any place but make sure there are enough garages nearby.

Because the main customers in any spare parts shop are mostly mechanics or garage owners.

Supply spare parts to your nearest mechanic or garage on time and at discounted prices.

Shop area required

You can start a two-wheeler spare parts shop with 300 square feet of commercial space.

You may require more space to store large fibre parts.

Depending on the location and size of your shop, you may have to pay a rent of 15 to 20 thousand rupees.

Purchasing inventory for your shop

You can purchase inventory from dealers or wholesalers in your area. Like any other business, there are many fake products in the market so make purchases only from authorized dealers.

Initially, it is not possible to purchase inventory on a credit basis. You have to buy on a ‘cash in hand’ basis.

Once the dealer or wholesaler has developed confidence in your business, you will get a credit period of 15-20 days for the purchase.

Managing stock in the two-wheeler spare parts shop

To avoid dead stock, inventory management is very important in this business. So choose parts type and quantity wisely. 

Note which two-wheeler brand is more famous in your area and invest more in spare parts of that brand.

Decide the quantity according to the two-wheeler density in your location.

For heavy fibre parts, get advance from the customer and order after confirmation. It saves space for storage.

If you have more varieties for each product, it will obviously attract more customers. But it requires a lot of investment.

Manpower required

Depending on the size of your shop you may need 1 to 2 staff to start a two-wheeler shop.

If you run servicing/workshop together with your shop, then you need mechanics too.

Salary can vary from 12 to 18 thousand depending on the experience.

Managing credit in the business

Garage owners charge their customers after the service is done. So they purchase parts from you on credit.

You should set a credit limit for each customer, which will help you manage cash flow.

Two-wheeler spare parts business cost

To start a two-wheeler spare parts business you need an investment of 5 lakhs to 7 lakh rupees.

This is the amount required to start a spare parts shop for a single two-wheeler brand.

If you want to open a multi-brand ( like Hero, TVS, Bajaj ) spare parts shop, you may need an investment of up to 12 to 18 lakhs.

For expensive and large-size fibre items, you can take an advance from the customer and after confirmation, you can purchase the item. It saves your investment amount and storage problem.

You will need investment mainly for the purchase of inventory and interior work of the shop.

The ongoing monthly expenses in this business are inventory purchases, shop rent, employee salary, utility bills etc.

Tyre Shop Business | Complete Guide

Battery Shop Business | Complete Details

Profit margin in Two-wheeler spare parts business

You can expect a 15 to 20% profit margin in the two-wheeler spare parts business.

But when you partner with garages you have to give them discounts, so your actual profit margin may drop to 10 to 15%.

Like any other business, the actual profit depends on the volume of your purchase.

If you buy parts in bulk, dealers/wholesalers will give you more discounts.

You should know that branded items offer smaller margins on sales and domestic/local brands offer higher margins.

But in the long run, it is always better to sell branded accessories to gain customer trust.

Related: Car Spare Parts Business in India | Complete Guide Car Washing Business | Complete Details

Licences and registrations required

These are licenses and certificates required to start a bike spare parts business

  • Shop and Establishment certificate
  • GST Registration
  • Sole Proprietorship registration

If you lack capital you can approach banks for business loans with a proper business plan.

What is the best season for this business?

As all we know, two-wheeler spare parts are in all-time demand.

Another good thing about this business is that it is very difficult to sell two-wheeler parts online. So online marketplace companies have no impact on this business.

I hope this article has cleared many of your doubts about the two-wheeler spare parts business in India. If you need more information about any topic you can enter it in the comment box.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Business Ideas

Investment Ideas

Make Money at Home

  • Bitcoin and Xcoins
  • Earn On Social Networking
  • Freelancing
  • Make a Website
  • Money Making Apps
  • Affiliate Marketing
  • Online Surveys
  • Start a Blog
  • Web Hosting

Startup Ideas

  • Your Passion Your Money

Make Money Online

How to Start a Parking Lot Business in India

Table of contents, parallel parking, perpendicular parking, angled parking, double parking, deciding the market segment to serve, investment required for starting a parking lot.

  • Determining the parking rates

Car park business plan

License for parking lot business, avail a business insurance, tax registration, proper security, marketing strategies to promote your parking lot business, choosing an appropriate location plays a crucial role in this business, final thoughts on starting a parking lot business.

Introduction to how to start a parking lot business in India : Motor parks and parking lots are places where vehicles are parked; they can be garages, streets, or parking lots. Ample parking space must be provided for cars. Parking fees are determined by several factors, including the size of the lot, the amount of time it is occupied by cars, and the industry code of practice.

How to Start a Parking Lot Business in India

There are plenty of automobiles on the road and limited street parking in the parking lots. Open lots around the city or secure garages are available for parking. Generally, parking lots are located in commercial areas, near airports, hospitals, schools, and public gathering places.

There will still be a need for parking spaces until driverless taxis are able to replace personal cars. Land, paving money, and a means of collecting payments from customers are required to open a for-profit parking lot. If you want the location staffed, you will also have to decide whether it should be automated. Among the four types of parking lots, parallel parking, perpendicular parking, angle echelon parking, and double parking, you need to know them all.

Guide on how to start a parking lot business in India, parking lot types, how to get started, business plan, mararketing strategies and choosing a location

Start a Parking Lot Business in India

Types of parking lots

Parking parallel to the curb occurs when your vehicle is parallel to the curb and in line with other vehicles. As a result, all cars are oriented to face one direction and this type of parking is commonly seen on the street. Because parallel parking creates more room for traffic, it is preferred due to a lack of space. When entering a curb properly, professional driving skills are required.

Garage parking requires no special skill to park properly and is usually found in garages. Ideally, you should park your car parallel to the curb.

A parallel parking space is similar to a perpendicular parking space except that the car is parked parallel to the one coming toward the parking space.

If you double park, it can be illegal as well as a source of confusion since it is bound to block one car after another since the space is limited. The valets can, however, remove the cars from garages when there’s a dispute and give more room to other park users if it’s a garage dispute.

Business plan to start a parking lot

Irrespective of the size of your business, it is important that you plan ahead. Often, people fail to plan their businesses, which results in grave consequences as the businesses fail after a while.

Therefore, you should create a parking lot plan that considers topics like your target market, start-up costs, legal complications, licensing and permits, when to break even, and exit strategies if things don’t work out. The following questions need to be answered for yourself;

In case if you miss this: Best 50 eCommerce Business Ideas

Car parking lot

Depending on the market segment, demographics may include age, gender, race, and religion, or it may refer to psychographic or behavioral characteristics. The parking lot business does not have a known segmentation, so there is only one market segment: people who are over 18 and who own cars. If you wish to woo this set of customers within your business locality, you need to package your services in a way that is cost-effective, your valets are up to the task, your customer service is on point, and your market and advertise your services to the appropriate audience.

It depends on the type of parking lot business one chooses when it comes to investment. In the United States, an investment of $10,000 is required to start a small parking lot business. If you are opening a large parking lot, you will likely need a minimum of $20,000. The investment can even rise to astronomical levels depending on the amenities used and the services offered. It must be noted, however, that the investment will also depend on the location of the parking lot business.

Determining the parking rate s

The cost of parking a vehicle varies from one location to another. Prices are determined by the number of parking spaces available, as well as the demand. Other parking lots in the neighborhood will be a tough competitor if yours is already available. Additionally, the amount to be charged is determined by the type of vehicle parked, as it dictates how much space needs to be set aside for parking.

How to get started with a parking lot business

Make a business plan before you start a parking lot business if you want to know how to do it. It is imperative for every budding entrepreneur to write a business plan that clearly states his or her future plans.

In case if you miss this: Top 50 Low-cost Business Ideas with High Profits

Underground parking lot

A parking lot business plan should include an explanation of the investments required. Aside from that, account for additional expenses such as those related to maintenance, future repairs, and basic amenities like electricity. Be sure to include the salary of the security guards involved as well.

Starting a parking lot business is required to obtain a license. The first step to starting a parking lot business is to register yourself and apply for the necessary licenses. There are different license requirements in different states and countries. Therefore, you may wish to take the advice of someone who has been in business for a while for advice regarding the necessary registration in that area.

It is primarily recommended to have parking lot business insurance. During emergencies, property damage, and other types of accidents, this is a very useful tool. If you want to purchase a long-term policy, make sure you understand the clauses very well.

The operation of a parking lot business requires you to register for several federal taxes, without which you cannot operate. It is necessary to register for taxes when you are eligible to pay service tax, GST, or both.

To keep the parking lot disciplined and orderly, entrance and exit times must be noted down and recorded. In order to properly manage parking lot businesses, security should be taken care of. You should, however, make sure you take a detailed history of their past experiences prior to choosing them.

In case if you miss this: Top 5 Sustainable Business Ideas to start in India

Car parking lot security

To help people learn about your services, you need to preach about them, and marketing your parking lot business is extremely important. You can start by distributing pamphlets and brochures to the adjacent offices and asking them to pass them on to employees.

Put up small banners and posters to let people know there is a parking lot nearby since it involves traffic from nearby areas. Additionally, you need to have a website for your car parking business, on which you should describe all the services you offer. Understand your strengths and weaknesses and the possible threats you might face

If you want to successfully address your weaknesses, you must identify them. There are no easy ways to reduce or eliminate external threats. One of those threats comes from competitors who are well-established in your own neighborhood. You cannot avoid creating your niche in this case, which should possibly be an untapped market. Unexplored markets can only be identified by those who have not yet begun using the parking lot. Identifying them and wooing them will not be easy.

There is a possibility of facing other challenges, such as the COVID 19 pandemic, which will have economic repercussions, as well as unfavorable economic policies from the government. All these factors will likely result in fewer people using parking lots.

The location of your car park business is critical to your success, which is why you should seek to collaborate with facility owners that are located in densely populated areas where those who own cars and require parking lots reside. You should also ensure that your parking lot service is located in an easily accessible, easily seen, and secure commercial center in your area.

You can start by conducting informal research and getting in touch with shop owners and others in your neighborhood to learn about their parking experiences, either good or bad. If you’re ready, you can play the role of a customer in search of a parking lot; you can drive around the area looking for a parking lot and trying to find a place to park.

In case if you miss this: How to Start a Chicken Pickle Business

Outer car parking lot

It is important to keep in mind that other facilities, such as shopping malls, hotels, hospitals, government buildings, conference centers, etc., may or may not be used for commercial purposes. There might not be much need for more car parks in your area if these facilities are so plentiful, otherwise, you are creating a business opportunity for yourself if there are so few.

A parking lot business can be started fairly easily if you already own a plot. Renting one is also an option if you do not already own one. In addition to offices and event banquets, parking lot businesses are very popular near courts, hospitals, and clinics.

Handicraft Making at Home: A Small Profitable Business Idea

Pet-tech startups: innovations for animal lovers, tech repair services: meeting the demand for gadget maintenance, maximizing rewards: smart credit card habits for cashback and points, ultimate guide to making money from goat milk business, how to start an agricultural value added product business.

  • Value-Added Business Ideas for Greenhouse: The Best Ways to Make Profits with Greenhouse Farming

How to Make Profits with Organic Country Chicken: Best Strategies for Beginners

10 value-added business ideas for millets: low-investment and highly profitable, why cleaning service business becoming more profitable in metro cities in india, 10 best businesses to start in ayodhya for profits, top drone business ideas in india: unlocking aerial innovation & opportunities, top 10 service businesses you can start with no money, ultimate guide to starting a home-based advertising agency business.

  • Starting a Nail Salon Near Your Location: Check List, Business Plan, Licensing, and Opening Instructions

Construction Company Name Ideas: Guide to Create New Construction Company Names

8 best small businesses to start in hyderabad: low-cost and profitable, 10 best small businesses to start in massachusetts: low-cost and profitable, 10 best small businesses to start in maryland: low-investment and profitable, 10 best small businesses to start in delaware: low-investment and profitable.

  • 10 Best Small Businesses to Start in Connecticut: Low-Investment and Profitable
  • Top 10 Best Online Pet Business Ideas: Exploring Cats to Dogs
  • 10 Best Small Businesses to Start in Colorado: Low-Investment and Profitable
  • Top 10 Profitable Small Business Ideas in California: Low-Investment Tips
  • From Little Rock to Fayetteville: Top 10 Profitable Small Business Ideas in Arkansas
  • Top 10 Profitable Small Business Ideas in Alabama: Discover Opportunities in Alabama’s Growing Cities
  • Top 10 Profitable Small Business Ideas in Arizona: Discover Opportunities in Arizona’s Growing Cities
  • Golf Business Ideas: Exploring Golf Course Money Making Ideas
  • Low Capital Profitable Small Farm Ideas: Farming Ideas to Make Money
  • How to Write a Business Plan for Daycare: Exploring from Financial Projections to Risk Management
  • Home Daycare License Requirements: Exploring State-wise In-home Daycare Requirements
  • How Profitable is Day Care Business: How Much Does a Daycare Owner Make a Month or Year?
  • How to Open a Daycare Center in Toronto, Canada: Business Plan, Licenses and Permits
  • How to Start Meal Prep and Delivery Services: A Popular Business Idea
  • How to Start a Milk Chilling Plant Business
  • How to Start Coconut Shell Charcoal Business: Business Plan for Maximizing Profits

LEAVE A REPLY Cancel reply

Save my name and email in this browser for the next time I comment.

Value-Added Business Ideas for Greenhouse: The Best Ways to Make Profits with...

Starting a nail salon near your location: check list, business plan, licensing,..., ideas to make money in india – a full guide, mudra yojana loan scheme, eligibility, how to apply, profit in dry fruit business (cost to start), how to make money from rice mill business in india, profitable agriculture business ideas in india, government loans for women entrepreneurs in india.

We earn commissions if you shop through the links below.  Read more

40 Garage Business Ideas

Back to Business Ideas Categories

Written by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on July 21, 2022 Updated on May 3, 2024

40 Garage Business Ideas

You’ve probably heard of major corporations that started out, way back when, as an idea in somebody’s garage. And it’s true — many businesses did start like that, especially tech businesses.

You can also run a business out of your garage, and build it toward serious success, if you put your mind to it. You could get into bikes, consulting, appliances, cars, and much more. The possibilities for garage business ideas are nearly endless, which you’ll see if you read through our list below.

With careful planning and determination, your business can be the next big thing out of a garage.

1. Photography

How to start a photography business

Are you an amateur photographer who loves snapping great images? Photography in the US is an $13 billion industry expected to see steady growth in the coming years, so now would be a great time to stretch your entrepreneurial wings and give it a shot. You could start your photography business from home and give the world beautiful photos while also making a good living. 

A crucial step will be finding your photographic niche. There’s a wide array of subjects to choose from. You could focus on personal portraits, fashion and culture photography, news and celebrities, or travel, nature and wildlife. Assuming you already have a professional-level camera, you’ll just need some great editing software and to build a website showing off your portfolio and listing your prices and services. With a bit of talent and determination, you could be snapping your way to success in no time!

2. Candle Making

How to start a candle business

If you’re a budding entrepreneur with a creative streak, custom-made candles represent a great combination of a fast-growing market with a business that’s relatively easy to start. With a small investment you can start making candles from garage and sell them online to help countless people set the mood while making good money.

Best of all, you can express your creativity. Some of today’s trendier candles include calming scents, wild colors, organic ingredients and a variety of shapes and sizes, including a $65 candle shaped like a hand! 

The first step will be brushing up on your candle-making skills, and there are many online courses to get you up to speed. After that, you’ll just need to purchase the key materials and equipment, set up an account at an online platform like Etsy and start selling. Once the money starts rolling in you can create your own website, start giving tutorials to build your reputation and even open your own candle shop!

3. Car Detailing

How to start a car detailing business

Are you obsessed with keeping your car looking shiny and new? If so, a car detailing business might be the perfect career choice. Unlike a car wash, which is usually automated, car detailing is done by hand, with the car’s exterior and interior thoroughly cleaned. It’s more meticulous and labor-intensive. 

It’s also more lucrative. Demand for car detailing is expected to rise as prices increase, prompting owners to take better care of their vehicles.

Before you launch your car detailing business, it’s important to find a strategic location for your shop, secure substantial funding, and find ways to differentiate your business from the competition. It’s also wise to wage an aggressive marketing campaign to promote your business. Once your business is up and running, you’ll be making big profits in no time.

4. Laundry Business

How to start a laundry business

Washing clothes is indeed a dirty job, but somebody’s gotta do it! That’s why laundry is a billion-dollar industry in the US, because there will always be clothes that need cleaning and people who don’t want to deal with it. You can get in on the action with your own laundry business. Best of all, with the latest technologies, you can keep tabs on your machines via mobile app and keep your hands clean as you watch the money roll in.  

Significant investment will be required, to buy at least a dozen machines and rent out a good-sized space in a high-traffic location. The next step will be to determine your services, whether you want to be a self-service-only laundry or offer drop-off services as well. You could also make an even larger investment and offer high-end dry cleaning. Whichever route you choose, your chances are good, as US laundromats have an impressive 95% success rate.

5. Flower Shop

How to start a florist business

Do you love the smell of fresh-cut flowers? Or the way a brilliant floral arrangement can brighten your day? If so, starting a flower business could be the perfect way to turn your hobby into a career. Flowers are always in demand, and in fact right now both the floral market as a whole and online flower sales are seeing steady growth. Thus, the industry offers opportunity as well as room for innovation. 

One key step will be deciding if you want to open your own flower shop or focus on selling flowers online. The latter route is less expensive, as you’ll have less inventory and no rent or utility payments, and could be a good way to build up a reputation while minimizing risk. Once you’ve established a brand and started getting referrals, you could open your flower shop and start beautifying the whole neighborhood, one arrangement at a time.

6. Craft Business

How to start a craft business

Do you have a creative hobby? If it involves some sort of craft, you might want to consider turning your favorite at-home pastime into a business, and potentially a major revenue stream.

You’ll be your own boss, working at home at times that are best for you. You’ll be able to embrace and express your creativity, producing goods that could be sold around the world. But you will need to decide which products to focus on. This could be anything from crocheted blankets and clay jewelry to embroidered handkerchiefs and knit hats. Whatever you choose, be sure to research what’s already out there and offer a unique twist on existing products. Building a strong brand will be key to the success of your craft business.

7. Cookie Business

How to start a cookie business

Are you a baking whiz? Well then maybe now’s the time to turn your incredibly tasty cookies into a money-making machine. The cookie and cakes market is huge and growing fast, in the US and around the world, so you could start your own cookie business, put smiles on a lot of faces and make a good living, all at the same time!

The key, of course, is being able to whip up fantastic cookies, preferably in a variety of unique and appealing flavors. If you can already do that, you’re halfway there. You’ll just need to outfit your kitchen for industrial-level baking and build a website showing off your baked goods and you’ll be open for business. And thanks to the internet, your potential market is billions of people. You could sell to the family around the corner, or college kids on the other side of the globe. So maybe it’s time to get out those cookie sheets and start making some real dough.

8. Woodworking

How to start a woodworking business

Are you good with wood? If so, this is a great time to get into the woodworking industry, which has seen steady growth in recent years and is expected to be worth nearly $7 billion globally by 2030 . These days, people everywhere are interested in hand-crafted, artisanal goods, from wooden rocking chairs to homemade pies. 

You could start your own woodworking business from garage for little investment and ride this wave of appreciation for sturdy, traditional products to serious success. Even if the trend slows down, high-quality furniture and other wooden items are always in strong demand.  

To get started, there are a few key steps you’ll need to take. First, you should get all the necessary tools and equipment, if you don’t already have them, and brush up on your woodworking with an online class or two. Next, you’ll need to decide what you’ll be making: furniture, figurines and chess sets, decorative plaques and custom wood pieces, or all of the above. The choice is yours, but as long as you choose wood and are willing to work hard, you should find your way to success.

9. Courier Business

How to start a courier business

If you’re looking for a way to make extra money, starting your own courier business could be the perfect solution. You can work as much or as little as you want to start off, and there’s no need for expensive equipment or training. You’ll just need a reliable vehicle, good insurance and decent driving ability. 

Best of all, the market is growing fast, thanks to people spending more time at home and the rise of delivery apps like InstaCart, DoorDash and more, so there’s real opportunity in this line of work. Particularly if you already have a car, this is a low-cost venture with little risk and strong profit potential. To get started you just need to sign up as a driver for one of your local delivery apps and start making pick ups and deliveries. 

Once you’ve built a reputation, you could start offering your courier services to area businesses, which tend to pay more. If you’re services are reliable, you’ll likely get referrals and, sooner than you might imagine, you’ll be able to set up your own courier business.

10. Grocery Delivery

How to start a grocery delivery business

With online grocery shopping, consumers no longer have to spend time queuing in supermarkets. They simply browse through a retailer’s website or app, shop and check out, pay for the items online, and have these delivered right to their doorstep. 

If you’re thinking of starting a grocery delivery business, now’s the time to do it. You have at least three options: operate your own delivery service, work with a franchise, or sign up with an established retailer. Consider carefully the pros and cons of each option before deciding on which business model to choose. Assess the competition as well and identify possible clients if you’re going to give it a go on your own. Whatever your decision is, plenty of opportunities await.

11. Bike Rental

How to start a bike rental business

As more workers return to commuting between their homes and offices, demand for bike rental for last mile connections will likely increase. If you’re thinking of starting your own business, a bike rental shop might be a great option. More commuters now prefer to ride bikes because these are good for the environment. Anxiety over catching the coronavirus in public transportation systems has also fueled demand for bikes. 

There are a few things you need to consider before starting a bike rental business. Is there a market for bike rental in your area? What kind of bikes should you offer? How many bikes should you have at any given time? You will find the answers to these questions as you research the market. It is also important to comply with all the legal and regulatory requirements and to come up with a good marketing plan. An option is to place bike docks near subway or bus stations.

12. Equipment Rental

How to Start an Equipment Rental Business

With the recent approval of the $1 trillion infrastructure bill, the number of US construction projects is set to rapidly increase in the coming years. That’s why the US equipment rental industry is poised for steady growth, because most of those rentals will involve new construction, building developments, and related work. If you’re interested in starting your own equipment rental business, your first step is to decide what type of equipment you plan to rent out. 

You could go big and offer backhoes, cranes and other major machinery, or a bit smaller with jackhammers, dumpsters, wheelbarrows and other tools and equipment. Or you could go in a totally different direction and rent out party equipment, such as tables, chairs, trampolines, bouncy houses and karaoke machines.

After that you’ll just need to make sure to acquire all the relevant licenses and permits and put together a strong marketing campaign to ensure you and your products stand out in a competitive marketplace. Once you get those first few clients, you’ll be able to start building a reputation.

13. 3D Printing

How to start a 3D printing business

So you’ve decided to start a 3D printing business. That’s great! A strong demand for three-dimensional customized products is driving the rapid growth of the global 3D printing market, which was estimated at $20.3 billion in 2023 . The market is expected to grow due to increased demand for prototypes, models and artistic designs in various industries like aerospace, automotive, health care and more. 

You will need to understand first the regulations and legal issues affecting the industry. For example, the use of 3D printers is not regulated but the medical products that are produced through 3D printing are regulated by the FDA. A license is also needed for 3D printers that are used to make weapons. If a design used to create a 3D model is covered by intellectual property rights, printing the model would infringe those rights. You’ll also need to make a hefty investment upfront to get your business up and running, but the benefits could be immense.

14. Massage Business

How to start a massage business

Do you have strong hands and a knack for helping people relax? If so, you might think about starting your own mobile massage business, making house calls to reduce people’s stress and anxiety during these tense times. People want convenience and are willing to pay a bit more for a service that comes to them, on their time, so there’s good money to be made in a mobile massage therapy company.

If you’re not already, you will need to get trained and certified as a massage therapist, which most states require. But this can be done in just a few months, often for a reasonable price at a local community college. Once you’re certified and have chosen your specialty, you’ll just need a reliable vehicle, a massage table and some other supplies and you’ll be ready to start taking on clients, reducing their stress and filling up your bank account!

15. Smoothie Business

How to start a smoothie business

Do you love smoothies? If so, you’re not alone. Eating healthier is a key part of the current American fitness craze, and for millions of people that means smoothies. They work as breakfast, snack, dessert or even a lunch alternative, and can be made with everything from almond milk and yogurt to ice cream, pineapple and cucumbers (though not all together!).

Beyond creating a unique and appealing menu, one key hurdle will be finding a great location for your smoothie shop. It needs to have steady foot and car traffic, or you won’t do much business. It also needs to be affordable or you won’t make any profits. One option is to rent a food truck and start out with a mobile smoothie business, then use that to build a reputation and save money for your smoothie shop — which will hopefully be the first of many.

16. Mechanic Business

How to start a car repair shop

If you’re an entrepreneur with a good grasp of automotive parts and functions, now is the time to start a mechanic business. Nearly 70,000 job openings for automotive service technicians and mechanics are projected on average every year through 2030. To get a share of this lucrative market, you will need to keep up with the latest technologies, diagnostic software and tools to assess vehicles.

Before launching your business, you will need to check out the licensing and zoning requirements. Generally, a mechanic needs to finish high school and undergo an in-depth training or certification program. Once you comply with government regulations, it is important to research ways to differentiate yourself from the competition. Remember that there are hundreds of thousands of repair shops across the country. Although the industry seems to be saturated, there are still many ways for you to succeed. An option is to find an underserved location, set up your shop there, and work very hard.

17. Cupcake Business

How to start a cupcake business

The great cupcake boom is here! Cupcakeries, or bakeries that specialize in cupcakes, are popping up on every major shopping artery, while reality shows like Cupcake Wars draw massive viewership numbers.

If you have legit baking skills, you could start your own cupcake business and ride this wave to success while bringing smiles to countless faces. There will be a good deal of work involved. You’ll need to decide which sort of cupcakes to make, though at the start it might be best to specialize in the cupcakes you make best and then expand the choices as you grow. The next stop will be renting out an appealing shop space, or a commercial kitchen, if you decide to sell online rather than direct. Finally, be sure to get all necessary licenses and permits, as the last thing you want is for your food business to be shut down just as starting to draw the cupcake crowds.

18. Computer Repair

How to start a computer repair business

Businesses stand to lose customers and important data whenever their computer systems are down. Properly maintaining computers through regular cleaning, hard drive updates, and virus prevention can prevent breakdowns and extend a computer’s shelf life to up to eight years, computer security firm Norton says. 

That’s why demand is high for computer maintenance and repair services. If you’re knowledgeable about computers and have troubleshooting skills, consider starting a computer repair business. 

This type of business can be run from home, with minimal startup and overhead costs. But you’ll still need to register your business and comply with applicable regulations. Obtaining certifications on top of a bachelor or associate degree will increase your value and attract more clients so it’s wise to apply for these. Computer repair technicians mostly study computer science, IT, or computer information systems. It’s also important to be abreast of the latest trends. With your impressive skills, you’ll be making big profits in no time.

19. Recycling Business

How to start a recycling business

Are you all about going green and saving the environment? Then why not start a recycling business and turn your passion into your livelihood. You could be fighting climate change and making good money at the same time — now that’s a win-win! 

Getting started won’t be cheap, as you’ll need a vehicle to collect and transport the recyclables and a sizable processing facility, as well the appropriate licenses. But you should see a relatively quick return on that initial investment as the US recycling industry is worth billions and growing fast. You’ll just need to decide which types of recyclables you’ll focus on, such as collecting glass to melt down into jars. 

Before you dive in, you might want to check the recycling rates for your state, as some states are much more profitable when it comes to recycling.

20. Cake Business

How to start a cake business

Nearly six out of 10 Americans eat dessert after a meal at least once a week, and cakes are among the favorites. Cake consumption is growing steadily in the US despite the increasing preference for healthy food. Well, those with a sweet tooth always find an excuse to indulge in cakes. If you’re fond of baking and designing cakes, starting a cake business might be the perfect career choice for you. 

This type of business can be run from home so you can minimize your overhead cost. Once you’ve registered your business, you should find a reliable supplier of ingredients and supplies. Besides offering unique birthday cake designs, you might also want to introduce gluten-free and sugar-free cakes to cater to all kinds of customers. Keep yourself updated with the latest market trends and consider coming up with cakes in a box or tin can cakes. A cake business will require a lot of creativity, hard work and an effective marketing plan.

21. Car Wrapping

How to start a vehicle wrapping business

As more companies find car wrapping an innovative way to market their products and services, you might consider this a good way to start a business. Car wrapping is using vinyl automotive wrap films to add gloss or matte finish to a vehicle, overlay a vehicle with a graphic design, or simply add a protective layer. It is increasingly being used as a marketing tool. 

As the industry is still gaining popularity, there’s plenty of room for new businesses to make a name for themselves. Now’s the right time to start a car wrapping business. Get ready to hire a graphic designer if you’re not one, assess the market to find out how you can stand out, and create a business plan to market your services. Your entrepreneurial journey won’t be easy but you’ll soon be making money.

22. Tutoring

How to start a tutoring business

Do you have an area of academic expertise? Maybe you’re great at math, deeply familiar with science, or obsessed with language and literature. Even if you’re not a subject expert, but simply good with children, now’s a great time to consider starting a tutoring business. 

The industry took a hit during the pandemic, but today many tutors are embracing virtual instruction and tutoring is expected to see steady growth in the years ahead. As a result, you’re now able to run a tutoring business almost entirely from home, all while helping children to learn and excel and making a good living.  

Starting a tutoring business is not terribly complicated. If you have teaching experience or some proof of your expertise, you mainly need a good computer and you can start offering your services on a variety of online platforms, like ClubZ or eTutorWorld. With a bit of marketing on social media, you should be able to attract a few clients and start building your tutoring empire.

23. Furniture Store

How to start a furniture store business

Who doesn’t love comfortable, appealing furniture? These days, when most of us are spending more and more time at home, it’s no surprise that the furniture industry is seeing strong, steady growth. A furniture business is a great way to earn a living because you get to work with your hands and be creative and build products that help people live in a more comfortable home. 

But it’s not an easy business to get into. It takes a great deal of time and determination, as well as a good amount of money, to determine your offerings and prices, produce and buy inventory and transform garage into a working space. You also need to have an eye for detail and a high level of patience because customers rarely buy a bed set or dresser on a whim. 

But if you do everything right, you may find your products in demand sooner than expected! You could also refurbish and refinish aged and antique pieces, which often go for very high prices. There’s a lot of opportunity in furniture for the sharp entrepreneur.

24. Cell Phone Repair

How to start a cell phone repair business

At least one smartphone screen breaks every second in the US, a cell phone repair company says. Not all Americans, however, can afford to toss their damaged smartphones, and buy a new one or upgrade. If you are skilled at fixing cell phones, this may be your chance to set up your own business.

Before you promote your services, it’s important that you decide what you’re going to offer. Will you be doing screen repair and replacement, battery replacement, or software-related repairs? Do you plan to set up a shop, or just work from home and promote your business online? You will find the answers to your questions as you research and assess the market. What’s important is that you are able to offer reliable and value-added services so you can quickly build up a loyal customer base.

25. Knife Sharpening

How to start a knife sharpening business

The knife is considered the most important tool in the kitchen. In fact, mastering the basic knife skills is among the first tasks given to aspiring chefs. Keeping the knife sharp is another. With popular cooking shows inspiring more people to prepare their meals at home, demand for knife sharpening services is expected to increase.

A knife sharpening business is something that you can do from home and requires minimal investment. But you will need to know all the knife safety rules to avoid injuries. You will also need to research the various methods and materials used to sharpen knives. If you choose carefully, you will not only be ensuring the long-term health of your knife, but will also minimize the risk of accidents.

26. Mug Printing

How to Start a Mug Printing Business

With a bit of creativity and some business savvy, you can start your own mug printing business. It’s a fun and easy-to-start business with a lot of potential. Mugs are typically used for drinking coffee and other hot drinks. If you’re an avid coffee drinker, chances are you own at least one mug. Did you know that six in 10 Americans drink coffee every day? Most Americans also prefer to receive gifts that come from the heart, such as personalized mugs.

A mug printing business requires you to invest in a mug press machine and find a reliable supplier of quality mugs and other supplies. The good news is you can run this type of business from home so you can save on overhead cost. You may invest in a computer and software to create your designs. An option is to download professionally designed templates and edit these to fit your clients’ requirements. Your designs can give you a competitive edge so you should do your best.

27. Appliance Repair

appliance repair business idea

Are you looking for a business opportunity with low overhead costs? Consider starting an appliance repair business. The market is expected to continue growing in the following years.

Before you get started, understand the market and know that an appliance repair business covers household appliances like television, washing machines, dryers and refrigerators. You may also repair and maintain garden equipment like lawn mowers, but automotive or computer repairs are not included. You will need to check out licensing and other regulations, prepare the basic tools that you need for repairs and maintenance, and advertise your business to find customers. You can start small and work by yourself, or hire an assistant as your customer base grows. With a little planning and preparation, you can be on your way to running a successful appliance repair business.

28. Oil Change

How to start a oil change business

Delaying an oil change would turn motor oil into sludge, which could lead to a complete engine failure and possibly cost you a car. That’s why the oil change services industry in the US has been growing steadily . If you’re looking to start an oil change business, you’re not alone. Several big companies with multiple branches and well-known brands are already in the market. But there are still ways for you to make money.

Your profitability will depend on your location and an effective marketing campaign. Finding a strategic location for your oil change services business will give you an edge over the big industry players which depend largely on name recognition to attract customers. It is important that you find an accessible location with high foot traffic to compete successfully. You will also need to offer value-added services, carry a wide range of oils and lubricants, or introduce convenient self-service solutions to corner a share of the market.

29. Virtual Assistant

How to start a virtual assistant business

The job didn’t even exist 20 years ago, but now, thanks to new technologies and the sharp increase in remote work during the pandemic, the virtual assistant industry is booming.

To be clear, we’re talking about a human, not a digital or AI-powered, assistant, who provides administrative, technical, and creative services to clients remotely, via the internet. If you have a strong business skillset, you can get started with a minimal investment and run the company out of your own home while serving clients anywhere in the world. You could also add more skills over time, increasing your revenue streams and the rates you’re able to charge. 

With hard work and a bit of luck, you’ll soon be helping businesses run more smoothly and efficiently while making good money for yourself.

30. Online Courses

How to start a online courses business

Thanks to video conferencing apps, e-learning and online courses are becoming more popular and seeing explosive growth. If you’re an expert in a certain field, then you can start an online courses business and help educate the world while making some cash.

Before you can launch your business, it’s important to keep yourself updated with the latest trends such as the use of artificial intelligence and virtual reality in conducting online classes. Integrating these in your online course programs and providing engaging content can spell the difference for your business. 

You can start small and run your business from home. You just need a PC or mobile device, fast and reliable internet connection, a compelling website, and a creative marketing plan to attract clients. With these in place, your online courses business will surely attain success.

31. Gift Wrapping

How to start a gift wrapping business

There’s nothing like the excitement created by a present wrapped in colorful paper and ribbons. If you’re looking for a profitable venture that will make your customers feel good, starting a gift wrapping business is a viable option. The market value of gift wrapping products in the US is expected to double to $7 billion by 2025 as people spend on gifts and gift wrapping not only during the holidays but also for every special occasion throughout the year.

To get started, you have to decide whether to just provide gift wrapping services at home or set up a shop. You will need to unleash your creativity to be able to offer unique gift wrapping ideas. Keep up with the latest trends and techniques to stay relevant and differentiate yourself in the market. It’s also important to stock up on wrapping materials and tools to make sure you can deliver what your customers want. With retailers constantly thinking about ways to make each day special, there will always be someone who will need your gift wrapping skills.

32. Bookkeeping

bookkeeping business idea

You probably think that bookkeepers and accountants do largely the same work, and in some minor areas their work does overlap. But for the most part, bookkeepers perform the minute recording of day-to-day financial transactions, while accountants use bookkeepers’ data to create financial statements and review a company’s financial standing.

If you’re hard working and good with numbers, you could start your own bookkeeping business and grab a share of that market while helping countless companies keep better track of their financials. What’s more, you could work from home to start, and market your services to clients around the world. 

Keep in mind that you will need to become a certified bookkeeper, which requires a good deal of training and experience. But once you’ve cleared that hurdle and begun building a reputation through great service, you’ll be well on your way to success.

How to Start a Tattoo Studio

Getting a tattoo has long been used as a form of self-expression. Anyone who’s ever gone under the needle knows that it’s a pretty serious decision. It’s not like getting your nails done; you’re going to be living with a tattoo for the rest of your life (or at least until you cover it up with another one or have it removed). But tattooing remains popular, especially among the millennials, and the tattoo artists market in the US is anticipated to grow at least 5% by 2029 .

If you’re thinking about setting up a tattoo business, know that you’ll be up for some stiff competition. Start by finding out the licensing and insurance requirements. The next step is to carefully choose the location of your tattoo parlor. It’s to your advantage to prepare tons of unique tattoo designs to win over some customers. The more diverse your designs are, the greater your chances of impressing potential customers.

34. Dog Grooming

How to start a dog grooming business

Most dog lovers call themselves fur parents and regard their pet dogs as their children. This pet humanization trend is driving rapid growth in the pet care industry. If you love dogs and are looking to tap into this lucrative market, then consider starting a dog grooming business. 

Dog grooming is part of the pet grooming and boarding industry, which is valued at almost $14.7 billion in the US in 2023 . The market grew steadily, although marginally, in the pre-pandemic years and surged when more people adopted pets to cope with the pandemic lockdowns. 

Before you launch your business, it’s important to learn dog grooming skills, such as cleaning, styling, and identifying any potential health issues. You can take a dog grooming course, which often comes with an apprenticeship program. When you’re ready, you can start running your business from home to keep your startup costs to a minimum. But it’s to your advantage to come up with a creative marketing strategy and set aside funds to implement this in order to find clients. Good luck!

35. Dog Training

How to start a dog training business

Owning a dog can be a lot of work. They need to be fed, walked, trained and occasionally entertained. Many dog owners simply don’t have the time or patience to deal with training their pet, and turn to professionals for assistance. If you love spending time with dogs, starting your own dog training business could be a great way to make a living while enjoying quality time with lots of cuddly canines.

Dog training is a growing industry already worth a quarter of a billion dollars, and you can get in on the action with just a few relatively simple steps. You could even run your business from home, and do your training in the local park. But you will need to make sure your skills are up to par, and there are a lot of online courses to help you brush up your skills before you take the certification test.  

Next, you’ll need to build a website offering your services. Finally, you’ll need to reach out to pet owners on platforms like Facebook and Instagram and market your new business. Once you get that first client, you just need to deliver, and the referrals and money should start rolling in.

36. Carpentry

How to start a carpentry business

Nearly 80,000 job openings for carpenters across the US are expected every year through 2030 as the growing construction industry remains labor-intensive. Construction and renovation of homes, residential buildings, factories and other nonresidential structures are expected to fuel demand for carpentry skills. Most of the job openings will arise from the need to replace workers who switch careers or retire.  

If you have the skills and the tools, why not start your own carpentry business? Some states require carpenters to have a general contractors or subcontractors license, so it’s important that you check out your state’s licensing rules before anything else. You also need to comply with other regulatory requirements. Once that is out of the way, it’s important to come up with a marketing plan to promote your business and find clients. Keep in mind that it would be difficult to find jobs during cold months, so it’s best to prepare for the lean days.

37. Greeting Card Business

How to start a greeting card business

Although it’s more convenient now to greet family and friends through digital cards, many Americans are still buying and sending traditional greeting cards. These are, after all, still one of the most popular forms of communication. If you are creative and have a way with words, starting a greeting card business may be the perfect opportunity for you!

You can start a greeting card business from scratch. To minimize your overhead costs, you can start off with online sales and follow up with a brick and mortar store once your business has grown big. Branding is important, so it’s important to develop your own brand personality and be consistent with the quality of your cards. A greeting card business can be rewarding and lucrative if you are willing to put in the work.

38. Graphic Design

How to start a graphic design business

Strong graphic design is a crucial element of nearly every business’s branding and marketing strategy, which is why it’s always in great demand. You could start your own graphic design business from home and work with clients around the world, generating good money and turning your creative passion into a successful career. 

You will, however, need to have a strong creative streak and some skill and experience with graphic design software and tools. If you don’t have a related degree, you could brush up on your graphic design skills by taking courses at an online platform like Udemy. Next, it’s a good idea to research the market, see what sort of graphic design is trending lately, and keep an eye out for a market gap that might fit your skillset. 

Understanding and clarifying what you will offer, which businesses you are targeting and how you’ll stand out from the competition will be crucial elements to your success.

39. Soap Making

How to start a soap making business

Who doesn’t use soap? We all do, which is why soap is a $43 billion industry in the US . Also, if you enjoy crafts, soap making is a fun and creative process. You’ll need a handful of key tools, but for the most part it’s also inexpensive. 

Competition is fierce in the soap game, so the key to starting a successful soap business is creating a product that stands out. Maybe you’ll be able to hit on a soap recipe that delivers incredibly pleasant smells, or discover a way to make soap that keeps skin silky smooth. There are countless ingredients you might use, and a variety of soap making methods to choose from, so you’ll need to do your research and probably some trial and error.

But once you find that fantastic soap, it could be the seed of your sudsy success.

40. Food Delivery

How to start a food delivery business

The US food delivery industry experienced a boom in the past two years . And it’s showing no signs of slowing down. Perfect time to enter this market.

As this is a fiercely competitive industry, you’ll have to carefully research the market in your chosen business location and decide on a niche. Once you’ve complied with the regulatory requirements, it’s a good idea to put together a digital marketing plan, develop a website, acquire the software that best fits your business, and pass the word around. With a good marketing plan, you’ll soon be receiving bookings for delivery and well on your way to success!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

  • Photography
  • Candle Making
  • Car Detailing
  • Laundry Business
  • Flower Shop
  • Craft Business
  • Cookie Business
  • Woodworking
  • Courier Business
  • Grocery Delivery
  • Bike Rental
  • Equipment Rental
  • 3D Printing
  • Massage Business
  • Smoothie Business
  • Mechanic Business
  • Cupcake Business
  • Computer Repair
  • Recycling Business
  • Cake Business
  • Car Wrapping
  • Furniture Store
  • Cell Phone Repair
  • Knife Sharpening
  • Mug Printing
  • Appliance Repair
  • Virtual Assistant
  • Online Courses
  • Gift Wrapping
  • Bookkeeping
  • Dog Grooming
  • Dog Training
  • Greeting Card Business
  • Graphic Design
  • Soap Making
  • Food Delivery

Subscribe to Our Newsletter

Featured resources.

10 Best Repair Business Ideas

10 Best Repair Business Ideas

Carolyn Young

Published on December 1, 2022

It’s usually cheaper to have a corrupted hard drive or a defective battery replaced than buying a new laptop, which could be twice as expensive.Th ...

24 Backyard Business Ideas

24 Backyard Business Ideas

Do you have a sizable backyard? You might be able to turn it into some serious cash flow, especially since starting a business at home reduces youro ...

38 Part-Time Business Ideas

38 Part-Time Business Ideas

Natalie Fell

Published on July 12, 2022

Part-time work enables countless people to make good money while also taking care of priorities, like helping moms care for their children orstudent ...

No thanks, I don't want to stay up to date on industry trends and news.

GRIN

Business Plan for a garage service

Research paper (undergraduate), 2016, 42 pages, grade: 1,0.

1. Executive Summary

2. Description of Business Idea 2.1 The Business Idea 2.2 The Name 2.3 Legal Structure

3. Customer and Marketing 3.1 Market analysis 3.1.1 Primary research 3.1.2 Secondary research 3.1.3 Customer analysis 3.2 Competitor Analysis 3.2.1 Competitors 3.2.1.1 Direct 3.2.1.2 Indirect 3.2.2 Competitive Business Strategy 3.3 Marketing Mix 7Ps 3.3.1 Product 3.3.2 Price 3.3.3 Place/ Distribution 3.3.4 Promotion/ Communication 3.3.5 People 3.3.6 Physical Evidence 3.3.7 Processes 3.4 SWOT Analysis

4 Resources 4.1 People and Administration 4.2 Location 4.3 Equipment

5. Financials 5.1 Investment costs and funding requirements 5.2 Direct cost & overhead 5.3 Financial Statement 5.3.1 Profit and Loss 5.3.2 Cash Flow

APPENDIX 1 - REFERENCES APPENDIX 3 – PRICING POLICY AND POSSIBLE PROFIT (Own figure) APPENDIX 4 – PROFIT AND LOSS (Own figures) APPENDIX 5 – CASH FLOW (Own figures) APPENDIX 6 – BALANCE SHEET (Own figures) APPENDIX 7 – ONLINE SURVEY (Own figures)

IMAGE 1: LOGO IMAGE 2: BLUEPRINT ANALYSIS IMAGE 3: LAYOUT OF THE COMPANY

GRAPH 1: ALL MOTOR VEHICLES TRAFFIC ON MAJOR ROADS, 2000 TO 2015 GRAPH 2: OPERATING PROFIT GRAPH 3: DEGREE OF CAPACITY UTILISATION IN THE FIRST YEAR

TABLE 1: INDIRECT COMPETITORS TABLE 2: SWOT ANALYSIS TABLE 3: OPENING HOURS TABLE 4: TOOLS TABLE 5: MACHINES TABLE 6: OFFICE EQUIPMENT TABLE 7: BUILDING INVENTORY TABLE 8: IT TABLE 9: INVESTMENT TABLE 10: DEGREE OF CAPACITY UTILISATION IN THE FIRST YEAR

  • No comments yet.

Title: Business Plan for a garage service

Similar texts

Title: Die Entstehung und Geschichte der N26 Bank. Produkt, Services, Markt und Business Plan

Die Entstehung und Geschichte der N26 Bank. Produkt, Services, Markt und Busi...

Title: Der Business-Plan aus ökonomischer Sicht

Der Business-Plan aus ökonomischer Sicht

Title: Der integrierte Business Plan zum Aufbau einer ergotherapeutischen Praxis

Der integrierte Business Plan zum Aufbau einer ergotherapeutischen Praxis

Title: Business Plan für eine Unternehmensgründung in Russland – dargestellt am Beispiel der Boutique "L’Amour de Fleurs"

Business Plan für eine Unternehmensgründung in Russland – dargestellt am Beis...

Title: Das "Business Model Canvas". Eine adäquate Alternative zum Business Plan

Das "Business Model Canvas". Eine adäquate Alternative zum Business...

Title: A Comprehensive Business Plan

A Comprehensive Business Plan

Title: Erstellung eines Business Plans am Beispiel der Edu Engineering GmbH

Erstellung eines Business Plans am Beispiel der Edu Engineering GmbH

Title: Unternehmensgründung in der Softwarebranche. Ausarbeitung eines Business Plans mit Unternehmens- und Umweltanalyse

Unternehmensgründung in der Softwarebranche. Ausarbeitung eines Business Plan...

Title: Growing profits. Comprehensive business plan for BFeathers Poultry Farm Business

Growing profits. Comprehensive business plan for BFeathers Poultry Farm Business

Title: Business Plan for an IT Company

Business Plan for an IT Company

Title: Business Plan: PicAd GmbH

Business Plan: PicAd GmbH

Title: Der Business Plan als Mittel zur Minderung der vorvertraglichen Informationsasymmetrie zwischen Venture-Capital-Geber und Start-up

Der Business Plan als Mittel zur Minderung der vorvertraglichen Informationsa...

Title: Business Plan - The Indulgence

Business Plan - The Indulgence

Title: Micro-lending in India. Thoughts on a business plan

Micro-lending in India. Thoughts on a business plan

Title: Developing a plattform for student-business-interaction. Business plan for "getconnected.ch"

Developing a plattform for student-business-interaction. Business plan for &q...

Title: Business Plan. "Jazz'n'Roses" Art Gallery and Jazz Club

Business Plan. "Jazz'n'Roses" Art Gallery and Jazz Club

Title: Strategic Business Plan for CC Industries. Business Planning

Strategic Business Plan for CC Industries. Business Planning

Title: Green Cleaning Success. A Business Plan for TopGreen's Sustainable Growth and Financial Triumph in the Pandemic Era

Green Cleaning Success. A Business Plan for TopGreen's Sustainable Growth...

Title: Business Plan Internetcafé. Das 'Café Click'

Business Plan Internetcafé. Das 'Café Click'

Upload papers

Your term paper / thesis:

- Publication as eBook and book - High royalties for the sales - Completely free - with ISBN - It only takes five minutes - Every paper finds readers

Publish now - it's free

Title: Business Plan for a garage service

ProfitableVenture

50 Home Garage Business ideas You Can Start Today

By: Author Tony Martins Ajaero

Home » Business ideas » Location Based » Garage

Garage Business ideas

Do you want to make extra money from your basement on a shoestring budget? If YES, here are 50 garage based business ideas to start at home.

Garage business is a very good business to start . This is because of the good returns on investment it brings about. We all have a garage that is lying idle and without purpose, this is a good place to kick start a business without being bothered about the high cost of rent and leasing of a space.

With little capital and the necessary know-how, some businesses can be started right from our garages and earn us a good amount of income.

Great and Multi Million businesses such as Harley-Davidson, Disney, Apple and Hewlett-Packard who all had meager beginnings have roots of their start-up in a garage so Starting a business in the garage is not a new concept by any means.

Here are 50 profitable and lucrative but small businesses with a tendency to grow to consider starting right from your garage;

Garage Business ideas

Computer repair/troubleshooting.

Despite the proliferation of technology in our lives, many people still find computers complicated to maintain and terrifying if they go wrong.

If you have a reassuring manner and are not fazed by the inner workings of a PC, offer your services locally and let word of mouth do the rest. Your garage can be turned into your workstation without a need to rent a space.

MAKING GREETINGS CARDS

If you’re the kind of person who loves making things, why not try your hand at cards? Ask a local shopkeeper what kind sells best and follow their advice, working to a distinctive style of your own. Then try selling to family, friends and local businesses.

Be mindful of material costs and time taken though, as wastage can be expensive in such a low-value product. This is another artistic “crafty” business idea that can be done from the comfort of your home. Make greeting/birthday cards from scratch using blank cards. You can take orders from neighbors since you will be operating right from inside your home specifically your garage.

IRONING/LAUNDRY SERVICES

Even in these cash-strapped times, some people hate ironing so much they’re willing to pay others to do it (at least in the posh parts of town). Check out the competition, see how much they charge, and undercut. Either work for an hourly rate, a fee per item or a fee per lb,” she says.

You should get between £8 and £12 per hour, between 50p and £1 per item or between 50p and £1 per lb of clothes, depending on where you work. So with the washing machine and the iron table inside that free space, you can start earning a good living

CAR DETAILING

Americans spend more and more on their cars, and they are willing to spend an extra $50 to $150 a month to have the car hand washed and waxed. You can start this service with very little money. Spend a day in an auto products store and learn what products are available and learn how to use them. If you are tidy and detail-oriented by nature, this business is a natural for you.

ANTIQUE CENTER

Yes, you buy antiques and collectible items and set them up on display right in your home. On weekends or even every day if you live in a well-trafficked location, you invite the buying public in to tour the room(s) in which you feature these items for sale. You can also sell antiques that belong to your neighbors and take a cut for your display and sales services.

Another thriving and profitable business that an entrepreneur who wants to start a business right from their comfort zone should consider starting is to open a veterinary clinic. As a matter of fact, if you are a veterinary doctor, this is the most suitable business that you can successfully start in a garage.

Just ensure that you locate your vet clinic close to a place where there are loads of pet owners, animal farms and cattle ranches et al. These are your target market and it is wise to take your business to your market.

ASSEMBLY SERVICE

Along the same track as business number , but this one has you assembling items such as bookshelves, armoires, dressers and just about anything else that people buy that needs to be assembled. Must people are too frustrated to read directions.

This is where you come in and offer your services. If you have the patience, you can do it. You can also pick the items up and assemble them at home and then deliver them to your clients. This way you can do it on your own turf and listen to the music you like while you assemble the goods.

TEACH YOUR CRAFT

Do you engage in a hobby or craft that people have told you they would love to learn? Then why don’t you start offering classes or lessons in this hobby/craft? Do you make quilts, do stained glass or build small sailboats? There is probably a market to teach this service in your community.

If you don’t want to teach at home, call your local high school. You might be able to teach this class at a local high school adult education class.

BICYCLE REPAIR

If you love bikes and enjoy fixing things, you could convert your garage into a workshop and offer bike repair services. You can turn your love of bicycling into a money making enterprise by advertising that you repair bikes. This type of business can translate into any hobby or love.

If you ski, you can offer to wax and repair skis, you can refurbish rollerblades, fix or shape surfboards, etc. Take a look at your hobbies and see if there is one with similar marketable potential.

VINTAGE CLOTHING STORE

You can set up a vintage clothing store in your backyard or attic. Check with the local zoning board and make sure this is all right in your neighborhood. Some towns require that you get a permit to do this occasionally.

Hang the goods—they can be yours, you could have bought them, or they could belong to friends and neighbors—on a few garment racks. Host nostalgic weekends such as Return to the Seventies and display all your polyester pants, tightly knitted sweaters, platform shoes and 8-track tapes.

COMPUTER TUTOR

If you have a knack for working on your computer, then you might want to start a business that enables you to earn money while helping folks learn how to operate a computer. Take out a few ads in local newspapers or distribute fliers on bulletin boards around town. Don’t forget schools and local corporations. Charge by the hour or group students together and offer a group rate.

BOOKKEEPING FOR SMALL BUSINESSES

If you are handy with numbers and can master some of the accounting software programs available, you can start a business offering bookkeeping and accounting services to small business owners who don’t have the time or the inclination to set this type of system up for themselves.

If you have the necessary qualifications in accounting, this is a nice side business that you can do at home and on your own time and will pay you well. There are a number of small businesses out there that need a book keeper, but don’t want to pay someone full time.

BECOME A VIRTUAL ASSISTANT

There are a lot of people out there looking for virtual assistants. Real assistants cost a lot of money these days – retirement benefits packages, Workers Compensation, health insurance, and unemployment coverage. But a virtual assistant usually doesn’t come saddled with any of this extra overhead. Why not?

The reason is because virtual assistants are usually independent contractors. You get a list of tasks that your client wants done, and you go out and do them according to pre-set terms and conditions. It’s a win-win for everyone. You can be a virtual assistant for an almost unlimited number of companies while retaining your own personal freedom and independence.

Being a freelancer isn’t as hard as it used to be. Today, the Internet makes it very easy to find work if you’re a writer , programmer, or in any technical field that uses a computer.

Whether you choose to start your freelance business using freelancing websites like Odesk and Freelancer.com, or you decide to advertise outside of an established platform, a lot of freelance work can be done very easily online. What if you’re not savvy with a computer?

Well, there’s always tree-stumping. That’s where you dig up old tree stumps and haul them away. Yes, people really do pay a lot of money for this service. There’s also a wide variety of broker-type jobs.

From professional services like accounting, real estate, and insurance to simple job brokering (i.e. a headhunter), all you need is a phone and a list of names (which is also easy to get if you have access to your town or city’s public property tax records). Failing that, you can always use the tried and true SRDS.

If you enjoy writing, find a topic you’re passionate about and start a website dedicated to covering that topic and anything else interesting you want to talk about. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. And blog hosting can cost less than $12 per month.

SOCIAL MEDIA EXPERT

Almost everyone uses Facebook, Twitter, and Pinterest these days, but did you know that many companies will pay people to help them manage their social media accounts — sometimes even part-time from home? To find social media jobs, you can start by contacting businesses with a social media presence and scanning sites like Elance.com for opportunities.

Check out PaidSocialMediaJobs.com for more information on how to get started with this type of business and to find companies willing to pay for your services.

If you have some time and a computer, becoming a social media consultant may be just right for you. The other prerequisites needed include being comfortable online and using social media platforms and a love for talking to people.

To get started building your portfolio, work with a few nonprofits in your area or offer your services at a discounted rate to local business owners.

FITNESS INSTRUCTOR

Many gymnasiums will trade membership and often a bit more for a person willing and able to teach an exercise class. You can also find people who don’t want to go to a gym and train them at home as a personal trainer . If you’re in good shape, this is a great opportunity to earn some extra money, plus it can often lead to additional income with one-on-one instruction opportunities.

Keeping fit is one of the trending things in the world today. So starting a fitness center is good business. Running a fitness center is no big deal but it requires adequate planning and manpower.

It is also capital-intensive due to the equipment used in the gym. It also requires the services of many staffs that are skilled in physical exercise. Many people register and visit fitness centers to help reduce weight or not add unnecessary weight.

FURNITURE MAKING

If you’re adept at woodworking and have some basic equipment, it’s easy to get into business making deck furniture. It only requires a few items – a saw, a drill, a sander – and some creativity and passion for working with wood. If you have the tools or just want to turn your hobby into a business, this may be a great small business idea for you. In addition to creating new items, you could also focus on repairing existing wooden furniture or woodwork.

Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects.

Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.

WEBSITE DESIGNING

Many small businesses in your community could use a very basic web presence to tell others about their business. Quite often, these businesses don’t have a large budget for such things.

That’s where you come in – get a bunch of clients from the local community by beating the pavement, create sites for them, and maintain them for a small fee. Get enough businesses and you have a nice side business of your own that doesn’t require a ton of maintenance time.

RESUME WRITING

Not everyone knows how to look good on paper. With your editing and basic layout skills, a laser printer, and some high-quality stationery, you’re set to start showing clients how to put their best foot forward in their resumes and cover letters–and how to get in the door of potential employers’ businesses for an interview.

If you’re excellent at crafting amazing resumes that ultimately result in people getting the job, consider marketing those services. Most of your work will revolve around writing, editing, designing, and proofreading, so you will need few supplies outside of your computer and basic software to get started.

AUTO MECHANIC

Specialized knowledge is definitely required for this particular business idea. As is some specialized equipment. Mechanics are required to fix all manner of problems, from flat tires to busted starters. They can charge a premium for services, as well as a call out charge.

Auto mechanic as the name can imply operating your mechanic services on the go. It means that even if you don’t have a mechanic workshop, you can still move around to help people fix or service their automobile in their homes, offices, and even on the road when you are called upon to do so.

Starting an auto mechanic career requires low startup capital and it is a very profitable venture because you would have eliminated the cost of renting and maintaining a workshop/garage.

SOAP MAKING

Making soaps can be easily learnt, several online videos are available online for learning soap making. No doubt there is a large market for soaps and the industry is still pretty much open for as many people that are ready to start their own soap making company.

So, if you are looking for a simple business to start in the chemical industry , a business that requires few weeks or months of training and one that you can start on a small scale, then you should consider going into soap making business.

Although you are likely going to compete with several soap makers in your city or country, but if your soaps are well packaged, then you are likely going to get your own fair share of the available market within your target area.

BATTERY CHARGING/RECONDITIONING

The battery reconditioning career is enjoying increasing demand because consumers are trying to cut costs and live green at the same time. So, rather than buy a brand new battery that goes for about $75, they would rather save 50% of that cost by opting for a reconditioned battery, which costs around $35.

They can also decide to have their old batteries reconditioned, thereby keeping the batteries from ending up in landfills and ultimately “hurting” the environment. Battery reconditioning involves using certain chemicals to dissolve the built-up acid crystals on the lead plates of batteries.

This improves the efficiency of the batteries and gets them back to good working conditions. Frankly, this career involves hard and dirty work. But if you hate sitting at an office desk all day only to receive a fixed pay, then a battery reconditioning career is a good career option to consider.

COMPUTER REPAIRS

For many people, a computer problem that could be a simple fix winds up being a drawn out warranty nightmare. While we may know how to breeze our way through apps, many of us are not as comfortable with the hardware that powers our machines.

Computer repair is a great low cost business startup, especially if you offer mobile computer repair. Getting started is as simple as building up a reputation for being the “go to” computer handyman. Get the word out to your friends and family about what you’re doing and you’ll be off to a great start.

PICTURE FRAMING

If you’re willing to do some research and learn how to frame and cut glass, picture framing may be a great business opportunity for you. Once you have the skills, the benefits to this business are pretty obvious. You can work from home and determine your own hours and clients.

There are huge markups in the framing business, which means you can earn more while working less – every business owner’s dream.

WAREHOUSING AND SHIPPING FOR E-COMMERCE

If you have extra space at home such as a basement or garage, you could try this. Find businesses that want to outsource their inventory and shipping. You will then be responsible for keeping inventory and shipping orders as they come in. There’s no denying that ecommerce is a powerful Business model .

However, who wants the hassle of storing and delivering all the products necessary to create an ecommerce business? If you like the concept, but aren’t a fan of the actual business, you might want to consider a drop shipping partnership. This way you get to focus on specific aspects of the business you enjoy instead.

You’ll need some extra space at home if you want to run this business out of your house, but with a well-organized basement or garage space, you can do it. E-commerce is a huge business, and it’s an especially appealing one for small business owners who can’t afford to rent a retail space.

The problem, of course, is that packing and shipping all those orders can be a real hassle. Many e-commerce companies would like to outsource this function to a third party who can keep the inventory in stock and ship orders as they come in.

There are not many of these companies who offer their services to small retailers. It’s a business you can start at home and grow into a larger space once it’s a success.

MASSAGE THERAPY

If you have an interest in alternative health and enjoy working with your hands, consider specializing in one of the different types of massage therapy such as craniofacial, aromatherapy, Shiatsu, reflexology, trigger point and sports massage.

Research what training and/or license you need in your area. With a free open space, you could start being a massage therapist right from your home.

YOGA INSTRUCTOR

Yoga is hugely popular in many communities. So if you’re well versed in the practice, you may be able to set up a yoga studio in your home to share your expertise with others. Yoga appeals to all ages. You can have classes at your home or a venue or visit clients at their home.

The job of a professional yoga instructor does not necessarily require a particular office or place of work for its propagation, a yoga instructor work is mobile because it could be practiced in any area and it can as well be carry out in the gym, fitness shop, the instructors place or the learners place. So consider starting the profession right inside your garage to save and reduce start-up cost.

JEWELERY MAKING

If you have a good eye for detail work and a lot of patience, homemade jewelry can be quite profitable . You can work with various types of material such as metal, glass, plastic, beads, wood or feathers. Research what skills, tools, training or licensing you may need.

As with other items on this list, there are many opportunities to sell such items through local gift shops, craft fairs, or sites like Etsy. There are plenty of different methods and supplies you can use to create your own jewelry. You can then sell it online or even at craft shows or via wholesale.

Whether it is cakes, cake decorating, cupcakes, cookies, artisan breads or pastries, people always prefer homemade. Do thorough research on what the regulations are for home food producers, licensing requirements and health regulations. Also research your niche to see if it is a potentially profitable business. Have a passion for making cakes beautiful?

With some examples of your creations and a bit of social networking, you could be on your way to the business of your dreams.

There are always reasons to celebrate, and where there’s a party, a cake is never far behind. Increase your chances of standing out from the crowd by targeting a niche cake business such as GMO free, vegetarian, or even Disney or other specialized design areas.

ELECTRONICS, UPHOLSTERY AND APPLIANCE REPAIRS

If you have the expertise you can start your own repair business. Either limit it to small electronics only or offer general electronic repairs. To limit costs, ask clients to bring their small electronics to you. Make sure to have a plan for getting spare parts quickly to reduce your stock holding costs.

You can learn how to do this through books and videos. Ideally working with an experienced upholsterer would help you learn the skills quickly. Make sure you also have a list of good reliable furniture repair people that you can offer your clients.

Either do small and/or large appliance repairs for your own clients or contract to appliance stores to cover their warranty service calls or both. Check what training, experience and licensing you require.

TABLET/SMARTPHONE REPAIR SERVICE

Almost everyone has a tablet or Smartphone these days but getting it repaired is impossible and costly. If you have the skill and knowledge to do this, it is a great business opportunity. These days, it seems as though everybody has a tablet, but have you ever tried to get one fixed?

It’s not as easy as you think. In fact, research revealed that it costs almost as much to repair a tablet as it does to buy a new one. If you’re capable of servicing and fixing this kind of technology, there’s going to be a big demand for reasonably priced tablet repair; especially, if you’re willing to make house calls.

KNITTING, ALTERATION AND SEWING SERVICES

If you have talent with a needle and thread, you may want to put that talent to work. Your sewing skills can be the key to a number of business opportunities, from mending and sewing custom clothes to creating homespun projects and selling them online.

A good number of people are non-conformist and prefer custom made sweaters, carpets, towels and blankets. The only thing you need is a large loom to do the knitting. The services can be marketed through local trade fair or you can sell directly to local stores.

A big growth area, as more people come to appreciate the value in repairing and patching up clothes.  If you’re handy with a sewing machine, there’s serious money to be made. Once you get known locally, word-of-mouth should do the rest.

LICENSED DAYCARE OPERATOR

This business idea is somehow for the female folks as the day care business was originally a preserve of women but the movie Daddy Day Care; starring Eddy Murphy opened the doors to men. If you are a stay at home dad, don’t feel shy trying this out.

Just make sure you meet all your state requirements before opening your home to become a day care. When you are already taking care of your own wee ones, it makes sense to look for ideas that allow you to take advantage of the way you’re already spending your time.

Daycare can seem like a natural extension. You can convert one of your garages to a daycare center with the right gadgets, toys, decorations and other necessities.

Perhaps not the most thrilling of home based business idea, but data entry can nevertheless offer an extremely steady (not to mention flexible) source of extra income. You generally get paid for the number of entries you make rather than by the hour, which means you can go back and forth to it when you get a spare few minutes.

With a free garage in which you can convert into an office for data entry, the benefit of the garage is the total concentration it offers to you as a data entry professional; the business needs total concentration and absence of distraction.

Toys were originally made from home before industrial revolution. Despite the mass production of toys, many people are willing to pay good money for handcrafted toys that you can easily make at home in your spare time. Again, gift shops are the place to go with items like these.

DANCE INSTRUCTOR

Anyone with a background in dance and access to clients with similar interests can offer dance classes from home. Most people, even those many won’t admit it, love moving their bodies. It’s also a great workout. If at some point in your life, you had to hang your dancing shoes for a more sensible office job, there’s nothing stopping you from earning money on the side with this passion project.

Part-time dance instructors get a fraction of the pie their full-time peers enjoy, but it can add up to hundreds each week if you’re consistent. You can either set up the actual dance studio in your home without a need to rent a space and use your home to do the administrative work and the dance tutoring. Your garage is a perfect place to set up good music and teach dance steps.

PET GROOMING

Love pets? If you have some basic supplies, you can set up a pet grooming business in your home where you’ll have the opportunity to work with plenty of different canine companions. It’s probably no surprise that pet grooming is a growing business.

In 2012, 62% of households had pets. That’s a lot of animal baths! As a groomer, you can not only handle pet bathing, but also other basic grooming needs. If you have the resources, you can expand your business by offering a mobile service as well.

Many people loathe bathing their pets and grooming their fur – I know I do. Pet groomers perform these tasks for a small fee – a perfect job for a person who loves dogs and cats.

RESTORED/UPCYCLED FURNITURE BUSINESS

Are you handy when it comes to repairing furniture? Taking old things and refurbishing them, or even up cycling the various parts into something completely different, is a great way to earn a bit of extra cash. With this business Craigslist and social media is your best friend.

Fix up a few pieces at a time and offer a “sale day” where people can come by and see everything you have. Or, just sell your pieces one at a time through Craigslist listings.

CUSTOMIZED CLOTHING CREATION

The Internet has created opportunities for people who can sew and design custom clothing for special events. Many people have found success creating custom birthday outfits for babies and selling them on sites like Etsy or eBay, for example. In addition to selling online, you could also market this service to people in your local community.

ELECTRONICS RECYCLING

Even though consumers are constantly upgrading their phones, tablets, laptops and other electronic devices, a lot of people still don’t understand how important it is to recycle their old electronics. According to DoSomething.org, 20 million to 50 million metric tons of e-waste are disposed of worldwide each year, and only 12.5 percent of e-waste is recycled.

Allow people to drop off their unwanted electronics at your home, or go mobile and offer a pickup service. In addition, you could help your customers back up their files and clear sensitive information from their devices as well.

SOFTWARE TRAINER

If you’re proficient in highly specialized software, you can get paid to pass your knowledge on to amateurs and professionals looking to expand their skill sets. Technical manuals are available for programs like QuickBooks and Final Cut Pro, but these are often expensive and difficult for the average user to get through.

Schedule small group workshops or private sessions, and charge by the hour for a full tutorial of the program. Patience and a great personality are a must.

MUSIC LESSONS

Do you play a musical instrument well enough to teach it to others? Private music instructors charge upwards of $20-100/hr and you don’t necessarily have to rent a studio, you can convert your garage to one, either. For entrepreneurs with musical talent, you might consider opening up your home to clients who want to learn a particular instrument or even take voice lessons from you.

Creating beautiful flower arrangements can be a fun activity for anyone with an eye for design and a love of plants. And you can turn that activity into a career by selling flower arrangements and other plants that you create in your home.

GROCERY STORE

A Grocery Store is a good picture of what it means to run a business from a garage. If you are looking for an ideal business to start – a mom and pop style of business that requires low start – up capital to set – up, then you should consider opening a grocery store in an ideal location in your community.

People visit grocery stores to restock their homes from time to time. This type of business is simple to set up and it is indeed a profitable business. You might not make huge profits from this type of business, but you are sure of maintaining steady cash flow on a daily basis.

If you choose to start this type of business, ensure that you conduct market survey in order to know the types of products to stock your store with. The truth is that if you stock your store with what the people around do not need, you will struggle to make sales.

AUTO REPAIR GARAGE

Auto repair business is amongst the highly thriving and profitable easy to setup auto services related business idea an entrepreneur can successfully start in a small town. All over the world, car repairs is one business that never goes into extinction.

This is because daily, fleets of cars are being added to the garages of people and so whether it is a brand new car or a fairly used one, you can be sure that sometime in the future car repair would be inevitable.

As long as people use their cars and trucks regularly, there will always be reasons for them to visit an auto workshop if indeed they want these vehicles to continue to ply the roads. This is because you can never rule out wear and tear when a machine is in use.

People visit auto garages for different reasons; it could be for routine servicing, major repair works, or for refurbishing their cars. For whatever reasons; auto repair garage will always translate to money for the owner of the repair garage.

BARBING SALON

Another business that is highly thriving and profitable is barbing saloon. If you are good at cutting hair and you know you have time to spare in the evening and weekends, then you should consider opening a barbing saloon. Just ensure that you locate your barbing saloon in a place that is easily accessible to people in your small community and you won’t struggle to attract customers on a regular basis.

ANTIQUE REFURBISHING

The antique market is not as lively as it used to be. But there’s still money to be had from the industry if you love rare old stuff and possess the skill of restoring them to their former glory.

To start an antique refurbishing business at home, you’ll likely need a few thousand dollars to build out a basic workshop and stock it with all of the right treatments and materials. Start small by borrowing around what you can, and learning the basics of the trade.

ART COLLECTION AND EXHIBITION

Not to be confused with hoarding, this one takes a lot of time, patience, and passion. If you have an eye for good art, it’s easy to get in on the ground level by visiting the studio department at your local university. Many art students are more than happy to sell their work for a bargain, and in as little as a few years, there’s a chance that piece you bought for a couple hundred bucks may be worth well into the thousands.

Even though it is believed that starting a business in a comfort zone like your home, can be   somewhat discouraging. This is none other than the fact that the level of competition might not really make one attract the number of clients they envisaged.

So, you have to do some thorough homework to arrive at the best .Things like feasibility studies, mentorship with an expert or consultant all will help broaden your horizon.

Related Posts:

  • 50 Best Garage Sale Tips and Tricks for Sellers
  • How to Start a Garage Business

garage business plan in india

How To Start Your Own Garage Business

garage business plan in india

Every business or entrepreneurial venture requires a lot of prior research and dedication in order to become successful and in order to start a garage business, one would require good planning as well as execution. Most graduates from technical institutes end up joining as an employee in an auto repair garage . It is from here that they hone their skills and finally end up starting a garage business of their own. Some people who are focused and business-minded start a garage business straight away just after their stint at technical institutes. If you research anywhere or ask someone about how to start a garage, most of your research would reveal that contrary to the general notion about a garage business, it is not just about fixing cars merely but a lot more than that. Not only do you need the right mechanics and machinery for running operations but would also have to take a keen interest in the domains of advertising, accounting, marketing and many allied areas in order to run it successfully. Since the garage business is capital intensive, it has to be planned to minimize the costs properly in the initial days and spend consciously. The start-up costs should be minimal. Some businesses also purchase an existing auto repair shop equipped with all necessary infrastructure and also manage to engage some of the customers living in the vicinity.

While there is no magical way for a garage business to be successful, here are some of the things a first-time entrepreneur should keep in mind before starting his/her own garage business. Here are they as follows-

1. Market Potential Analysis and Business plan

Every business needs to conduct some checks to understand the market potential and then accordingly come up with a business plan with the insights. The entire process can be broken down into the following steps-

Collection of data:  A series of data needs to be collected before starting any garage business In order to understand the size of the market and the number of customers the garage will cater to. Customer surveys can be done to understand the customer pain points and needs. Based on the data obtained, the garage business can decide on the location where to open the shop and the costs

Competitor analysis : It is essential to study the competitors in the area and accordingly plan on the services and prices. Competitor analysis is a great way to understand the strengths and weaknesses. It helps in understanding customers better and offers more unique services to them.

Customer segmentation and target : Knowing the customers properly is the first step in establishing any successful business. The customers vary in terms of preferences and income levels. Services catering to the target consumers can accordingly be planned to belong to different segments of the population.

Proper estimation of costs and revenue: A proper forecast of costs and revenue can help in increasing the chances of the business doing better. The business can accordingly use its resources and then go ahead with the forecasts.

Suppose we want to find out the estimated average revenue that would be generated from each vehicle visit. We can use the potential sales figures and assume the average revenue/vehicle visit at INR 1000. This would actually show revenue of  30 Lakhs in a year. Then the next step is to estimate the operating expense to see that the garage business can make a profit or not. Some of the costs that need to be considered are Employee cost, Material cost, Marketing expense, and depreciation

Feasibility checks like this are extremely important as they reduce risks and the chances of losses occurring.

Also read:- Best Ways To Increase Auto Repair Shop Profit Margin

2. finalizing the space for the garage business.

The next step in the process of opening a garage business is to find a location for the property. The location of the garage business is extremely important and should be located either along the highways or in the middle of the city where a high volume of traffic would be expected.

Once we select the location we need to conduct the market survey to capture the number of vehicles in operation available in the area where we want to set up the garage. Let us assume that there are 30,000 vehicles available in that area and each one needs at least one visit in a year then we have the potential of 30,000 visits to any of the garages. So if we target a 10 % Market share from these potential visits, then we can get 3000 vehicle visits to our garage /year which means 250 vehicles/month and 25 vehicles in a day. A proper estimation can assist in better planning and hence serving customers better.

In some countries, it is mandatory to obtain a license for opening businesses like gas stations and auto body repair shops and the costs for such licenses are huge. In order to therefore go ahead with the plans, businesses need to make some bank loans. In order to obtain this loan from the bank, they should strategize a business plan that clearly outlines the business goals, advertising costs, and other miscellaneous expenses.

3. Special and niche services

Every business stands out from its competitors through the unique customer service and niche services it provides. On the same lines, new auto garage businesses should research the market and start services which the other auto body shops in the area do not provide. Niche services can include specialized repairs and services like repainting, collision repair, or some detailed repair. Trends in the automobile market are changing every day and new cars in the segments like eco-friendly cars, electric vehicles and hybrid vehicles are emerging every day. It makes sense for garage businesses to start investing in new-age technology equipped to provide niche services. They should also hire mechanics who are aware of new cutting-edge technology and skills which could assist in the efforts of the auto garage to carve out a niche for itself. More customers would be attracted to visit the garage business if it has niche services that other competitors do not provide. This would translate into better revenues.

4. Hiring the right employees

Employees drive a business and finding the right set of employees is actually an arduous task that takes a considerable amount of time. The auto mechanic colleges are the best places to find out newly trained employees for garage businesses. It is essential to balance out the number of experienced and new employees in order to derive the best for the business. Many garage businesses work in an apprentice system while hiring new mechanics. It is a paid position that can last from one to four years. It is expected that an employee would work in the garage after his/her apprentice stint is over. Hiring apprentices can help in developing long-term and meaningful working relationships which can be beneficial if you open your own auto repair shop. The experienced employees provide stability while the new ones bring freshness and updated skill sets. Encourage the employees to clear certifications in order to make the business look more authentic. Employees with diverse skill sets and decent communication skills should be preferred. Garage businesses should also eventually plan for training.

5. Effective marketing and promotions for the business

The better and more effective the marketing campaigns are, the better are the prospects of more customers visiting the garage business. People looking for answers on how to start a garage should prepare a well-researched marketing plan. Special care should be taken to fulfill all the promises that have been made in the advertisements. A garage business should ideally have its own website and social media accounts on platforms like Facebook and Instagram where it should advertise its services. Offering guarantees to customers in the advertisements is another way to attract the attention of customers. Such services can include free repairs within a certain period of time and other related services. A business can also put up videos of how mechanics work in the garage and the practices that are followed in the workplace. Garage businesses can also put up an ethics statement that may outline the rules followed to satisfy customers, its conformance with the laws and policies. Efforts should be taken to portray a clean and transparent image to the customers. Free car maintenance workshops and repair clinics can be organized for those in need and this can actually spread good word of mouth for the business.

6. Invest in customer service

In order to start a garage business, the first thing any entrepreneur should keep in mind is to properly understand customers and accordingly serve them. Not understanding customer pain points and preferences at the right time can actually lead to a number of issues that cannot be rectified later despite best efforts. Garage businesses can probably have a waiting room for their customers when their vehicles are being serviced. The list of available services along with their rates can be posted here on a board in the waiting room.

7. Document a fool proof business plan and plan financing

It is necessary to document a foolproof and effective business plan on how the business would function, the cash flow, the plans for expansion in the future, and other industry-related information. To secure funds to start a garage business, businesses can either go to a bank or apply for loans with a local lender. They should opt for minimum funds to secure a location, tools, and working capital enough to sail through till the revenue starts coming in. Used cars which customers discard and are in good condition, can be refurbished and then can be put up for resell. This will ensure another mode of revenue generation which will be great for a new business.

8. Chart relationships with dealers and other organisations.

Another key element to start a garage business is to enter into partnerships or long-term relationships with tool dealers. These dealers visit garages to exchange tools and offer new products. They can be good agents of referral and can actually bring in new customers through word-of-mouth publicity. A garage business can also apply for becoming an official vehicle inspection station of the government’s Public Safety and Motor Vehicles department. This may not be a great way to generate profits but can actually bring more credibility to the business leading to more customers coming in for repairs.

8. Operations Management

Monitoring the key business performance indicators regularly is essential once the business has started its operations in full swing. Some of the KPI factors that can be considered for this process can be the satisfaction level of customers, the number of customers visiting, revenues generated and the expenses incurred. Involving all stakeholders in the organization in this process can aid in corrective actions to be taken for sustaining and improving these KPIs. Future expansion plans and adding more services can only be considered once the present KPIs are consistent and matching expectations.

Also Read:- How To Increase Profitability In Your Auto Repair Business

There are surely many ways of approaching the question of how to start a garage and while it may look challenging, it is actually a very profitable business in the long run. Before opening the garage, the business owners should first look at the aspects stated above and then carefully look into the steps of executing the plan. Like everything, it would need meticulous planning, a good amount of research in industry trends and competitors. The garage business would also require innovative modes of marketing on traditional and social media. Some basics aspects of creating good customer service and ensuring feedback come in properly will also need to be ensured while planning to open a garage. The right employees need to be hired with the right skill sets and they need to train well in order to interact with customers. Some plans look great on paper, but it is hard work that ensures the proper execution of such plans on the ground. A business may not see the huge flow of revenue almost immediately and may take some time to reach maturity. Businesses should plan accordingly and have a contingency plan in order to sail through the initial times. Business owners should not get impatient and constantly try on improving the business. A garage business will become all the more relevant with the introduction of new segments in cars the demand is expected to increase.

Related Posts

garage business plan in india

How You Can Become An Automotive Technician

garage business plan in india

20 Highly Successful And Profitable Automobile Business Ideas And Opportunities

garage business plan in india

Tire Display Ideas To Boost The Tire Sales

garage business plan in india

How To Start A Tire Shop

garage business plan in india

Need For Technology In Automotive Repair Shops

garage business plan in india

What Is Shop Management Software?

garage business plan in india

Step-By-Step Marketing Plan For Automobile Service Shop

garage business plan in india

Advantages Of Dealership Management Systems

garage business plan in india

7 Reasons To Implement ERP Software In Automotive Industry today

garage business plan in india

How Much Does It Cost To Build An Auto Repair Shop

garage business plan in india

Everything You Need To Know About Unibody Repair

garage business plan in india

7 Best Ways To Increase Auto Repair Shop Profit Margin

garage business plan in india

How To Increase Profitability Of Your Auto Repair Business

garage business plan in india

Top 7 Factors To Consider Before Buying An Auto Repair Shop

garage business plan in india

10 Proven Marketing Strategies For Your Auto Repair Shop ​

garage business plan in india

How To Start A Profitable Automotive Oil Change Business

garage business plan in india

How To Build An Effective Parts Markup Chart

GaragePlug is a cloud based easy to use software that provides end to end digital platform for auto repair workshops and detailing centers.

garage business plan in india

GaragePlug Inc 2035 Sunset Lake Road Suite B-2, Newark, DE, 19702

garage business plan in india

+1 (321) 320 9242

India Office

No. 998, 2nd Floor, Vijaya Bank Layout, BTM 4th Stage, Bilekahalli, Bengaluru, Karnataka 560076

+91 95875 47972

Indonesia (Channel Partner)

PT. Era Otomotif Revolusi

Kuala Kencana LIP Timika Papua

+6281220103677, +6281242450980 (WhatsApp number)

UAE (Channel Partner)

JWP IT Solutions

407, Al Asmawi Buidling, Dubai Investment Park 1, Dubai, UAE

+971 55 545 8694

KSA (Channel Partner)

Prestige Saudi Company

2nd Floor, Al Showaier BuildingJarir Street, Malaz, Riyadh

+966 54 496 3575

Thailand (Channel Partner)

363 43-44 Phahon Yothin 26 Alley, Chom Phon, Chatuchak, Bangkok 10900, Thailand

+09 878 92940

How To Start A Car Wash Business? [Investment, Profit Margin]

Car wash business plan.

Table of Contents:

1. Starting A Car Wash Business

2. starting a car wash business plan, 3. marketing car washing business📈, 4. car washing business, 5. key takeaways, 6. faqs on car/bike wash business plan.

Car/bike wash has constantly been seen as a productive business for quite a long time. Similarly, with the increase in the volume of the number of vehicle stores and even because of massive improvements in innovation, this business has become more beneficial from the last 2-3 years. In this business, there is a net revenue of 50-55 percent if the business gets effective. From car-wash it has become now specifying business as now it incorporates washing, cleaning, coatings, rebuilding, and some more. Subsequently, presently it is more than washing a car or bike and this likewise incorporates the staff, the area of the business, licenses prerequisite, the breaking point for water gracefully, innovation utilized, and the charges engaged with the business.

As in any venture like opening a car wash , the initial steps are choosing if the business is for you. It will immerse you and will need your consideration in each waking hour. When on an excursion or trip, you will go on side outings to visit car washes, go to affiliation gatherings and you will even communicate in another dialect just comprehended by other car washers.

garage business plan in india

Let us dive into the steps of starting a car wash / bike wash business plan :

Step-1 Location Scouting🌟

Car washing businesses are not consequently fruitful. Extra-ordinary consideration must be taken while choosing the area on which you need to fabricate. For starting a car wash, begin by cruising all over your objective region, laying enormous focus on the relative traffic, kinds of nearby organisations, and anything that searches available to be purchased. Each business area of the business assumes a significant function to make the organisations fruitful as though it is situated in a decent spot then, the odds of acquiring immense benefits during brief period increments. You can find your middle close to the local location or the workplace.

Step-2 Business Plan🧩

Before beginning your business, you are needed to satisfy all the legitimate necessities to start a venture. To complete your work, you need to visit your neighbourhood office that offers licenses to the organisations. For your vehicle wash business, you need to apply for the recorded license so you may not confront any issue sooner or later.

Step-3 GST Enlistment📝

This is required to get your venture of starting a car wash enrolled with the legitimate parts of the business.

Step-4 Land License📨

To set up a car washing business , you have to apply for a land grant likewise as though you open your business community in the local neighbourhood, then this grant is fundamental for your business.

Step-5 Water License✉️

There is a most extreme cutoff to use under this grant. For instance, 800 litres of water for every day is as far as possible given under the license. The guidelines vary in each state, city, and country, so before you start your car washing business , you must check the standards you ought to continue and maintain in your general vicinity. The car wash business plan strategy should focus on both long haul and transient tasks. Utilise expert assistance and recall that the more detailed, exhaustive, and explored your plan is, the better it will appear to your bank or investors.

Also Read: Car Brands in India

Step-6 Competition Analysis📊

At the underlying period of your opening a car wash , you can reduce the costs and can have less net revenue to draw in more clients, and can give better offices than your competitors to the clients. As the car wash business plan develops, step by step, you can build your costs as then you will get steadfast clients and they will lean toward you just over your rivals regardless of whether you will expand the costs. At that point, the following stage is to analyse your competitors and take a thorough study of the perks they are offering to their clients. The number of clients visits them day by day and what advertising systems are used by them.

Step-7 Business Funding ₹

This is the most significant and the most testing venture for any car washing business or bike wash business plan . If you have a calculated marketing strategy prepared with you to begin your business, this progression will doubtlessly help you in the achievement of your business. To assemble a top-notch car wash centre and to offer the best types of assistance to your clients, you are required to have assets/funds to put resources into your business. You ought to likewise have a persuading resume with business or car/bike wash insight and furthermore a decent branding and marketing plan.

Step-8 Engage like-minded people🤝

To maintain your car washing business , you should have a decent staff as opposed to dealing with everything yourself. It is of utmost importance to broaden the horizon who can pitch in more ideas and help you sharpen the business strategy. You are required to recruit competent and diligent staff who have the right knowledge and expertise to manage the clients and to communicate with them amiably so your car washing business may not get a negative impact on your clients. You can even train your representatives on the best way to manage the clients. At the initial phase of your car wash business plan , you can hire at least 2 to 3 representatives, and as the business and scope of work develop, you can expand the staff for your company.

  • Try to tell the network about your car washing business in front of the opening with on-location promoting just like print, radio, nearby web, and perhaps TV notices.
  • Dispatching any business, and particularly a physical vehicle wash loaded up with good quality innovation, is a perplexing and overwhelming possibility.
  • As you are beginning your new car washing business , it is of enormous significance to promote your venture, so that everybody becomes acquainted with your services.
  • Before starting a car wash business, it is required to publicise your item and draw in an ever-increasing number of clients to your car/ bike wash business plan.
  • You can do this with neighbourhood promoting, by marketing your shop via web-based media and by even verbal.
  • You can even run web-based media missions to pull in clients.

At the initial stage of your car washing business , you can offer your services at a less edge to fabricate your standing on the lookout as this will likewise help you in competing. However, you need to take care that the services you are promoting are of better quality than your competitors. This will help you acquire tremendous benefits. Initially, the car washing business was generally favoured by just the high society individuals who are having attractive vehicles.

In any case, this is not the situation as now the working-class individuals own the great vehicles as well as embrace all the way to keep up and take consideration of their vehicles so their vehicles look shiny new. As of now, there is a tremendous increase in the number of cars and bikes sold or the quantity of which are cleaned.

Thus, in the coming future, the car washing business will turn mainstream and will turn out to be more productive with time. Consider an establishment if you are new to the industry, or want a turnkey activity. Establishments can give everything from preparing, statistical surveying and business arranging, site determination and development, hardware, supplies and progressing support for a forthright charge and an eminence level of month to month deals. In case you intend to open a portable or hand wash activity, training is suggested and accessible from numerous car wash wholesalers. Training and preparing will empower you to gain proficiency with the business end and down to earth, demonstrated car washing and itemising strategies.

Also read: How to start an electronics store? How to start a Jewellery store? Jewellery franchise in India How to start a real-estate business? All about real estate business How to start Blogging? Here is your ultimate guide on starting your own Blog!

Stay updated with new business ideas & business tips with OkCredit blogs in English, Hindi, Malayalam, Marathi & more! Download OkCredit now & get rid of your bookkeeping hassles. OkCredit is 100% Made in India.

garage business plan in india

Q. How to open a car wash business in India?

Ans- To open a Car washing business in India, you must follow these steps:

  • Attain a minimum 1000 square foot area.
  • Have an initial investment amount of 10 Lakh Rupees.
  • Get all necessary business licenses and permits.
  • Purchasing the right types of equipment for your car washing business.
  • Registering your Business.
  • Hiring reliable and experienced staff/employees.

Q. How do I start a small car wash business?

Ans- To start a car washing business in India, you will need to:

  • Choose the type of wash you want to provide- a quick wash, normal wash, under chassis wash, or triple foam wax.
  • The car wash equipment will cost around Rs 17 lakh-25 lakhs, depending on the company it bought from.
  • Entrepreneurs will also need to spend on real estate and the setup.

Q. Is car wash business profitable in India?

Ans- The car washing business if becomes successful can reap up to 50+ percentage of the annual profit margin. For a larger benefit your car washing business should cover the following:

  • Beautification
  • Rejuvenation
  • Restoration

Q. Is owning a car wash a good investment?

Ans- Yes, owning a car wash is a good investment in the longer run. A full-service type of car wash is most profitable. Exterior-conveyor car washes offer the 2nd most high-priced income and will demand maintenance for the machines.

Q. How much does it cost to start a carwash business in India?

Ans- To get a car wash business going you will need an initial investment of 10 Lakh Rupees. While the minimum area required for the same is 1000 sq. ft.

Q. How can I start a car wash business in India?

Ans- Some important steps for starting a car wash from the ground up are:

  • Pick the ideal location
  • Do Competition Analysis
  • Complete all your Paperwork
  • Manage your Planning and Approval Process
  • Do R & D on Car Washes
  • Make Operational Decisions
  • Curate a solid business plan
  • Manage your Finances
  • Start Marketing

Q. How often should cars be washed?

Ans- Your car should be washed every 2 weeks. As a thumb rule, regular washing will help your car be free of road salt, irregular dirt, and bug guts, whilst further preventing metal damage.

Q. How do I start a bike washing business?

Ans- Before you start your business, it is required to publicise your item and draw in an ever-increasing number of clients to your car/bike wash business. You can do this with neighbourhood promoting, by marketing your shop via web-based media and by even verbal.

Q. Is carwash a good business in India?

Ans- With the rise of car lovers and technological advancements in India, the car washing business has started reaping out good benefits in the last 3 years. If the business becomes successful there's a profit margin possibility of 50-55% in overall revenues.

Q. How much does a car wash cost in India?

Ans- Each car wash takes around 40 minutes to be completed. Some commonly charged prices for car washes in India:

  • Eco Car Wash Price Range- 249 Rupees
  • Water Car Wash Price Range- 899 Rupees
  • Interior Detailing Price Range- 1299 Rupees

Prices change on the type of car being washed like:

Nitesh Goswami

We bring you some of the best small business tips, ideas & tricks to grow your business & more.

Recent Posts

Cable manufacturers in india [5 best manufacturers], air compressor manufacturer in india [top 11 manufacturers], pet bottle manufacturers in india [top 7 manufacturers], paint manufacturers in india [6 best manufacturers], silk saree manufacturers in india [best manufacturers], you might be interested in, foreign direct investment(fdi) 101: a complete guide, series funding [types, how it works and more], sustainable architecture ideas that can improve our lives.

  • Canada Taxation
  • Payment Management
  • Business Tips
  • Payroll and Salary
  • Accounting and Inventory
  • Knowledge Ball
  • Statistics Tutorial

Logo

Steps to Open a Car Wash Business

1. location scouting.

Car washing companies located in low-traffic areas aren’t so successful. It is essential to take care when selecting the location of your business. First, start by exploring the region you are interested in, focusing on the local amount of traffic, the types of businesses in the area, and everything else. 

If the business is located in a good location, there is a chance of reaping huge benefits in short intervals.

Also Read:  How to Start A Car Dealership Business in India in Easy Steps

2. Business Plan

Before starting your business, you’re required to meet all legally required requirements for starting an enterprise. It is necessary to go to the local office, which offers licences to organisations to complete your task. If you are operating a vehicle wash business, applying for a registered licence is necessary to avoid issues.

Your car wash business plan will need to focus on long-term and temporary tasks. Use the assistance of a professional, and remember that the more precise, extensive, thorough, and researched your business plan, the more appealing it will look to your investors or bank.

3. Your Efforts to Manage Your Business Efficiently

Besides a car wash, you can offer extra services to generate extra income. Other services like a convenience store or waiting areas can make your car wash more appealing to customers.

Express detailing is a must. These services include sealants, shampoo, and wax for carpets. It is possible to offer these services for a lower price than a standalone detail shop. It’s also more convenient for your customers to get their vehicle cleaned and detailed all in one place.

4. GST Enrollment

It is necessary to get the car wash registered with the official parts of the company.

5. Land Licence

To start an auto washing company, you need to apply for a land grant, similar to if you were to open a business within the community; this grant is essential for your company.

6. Operations and Decisions

Are you planning to operate your car wash independently or as a franchise owner? There are numerous models available, and each has advantages/disadvantages. 

Franchises can provide support for the expense of a startup. Solo-operators have complete freedom, but they lack the backing and brand awareness. What level of personal involvement do you want to look for? 

If you’re planning on hiring an executive instead of managing the tasks yourself, ensure that they have the right qualifications and are a significant participant in the future of your business.

7. Water Licence

There is a limit to the amount of water you can use under this grant. For example, 800-litres of water each day is the limit allowed by the licence. The rules differ for every state and city, so it is essential to examine the requirements you must follow before beginning your carwashing business. 

8. Analysis of Competition

You could reduce expenses and have less net profit to draw in more customers when you begin opening a car wash. You also will offer superior services over your rivals to your customers. When your car wash business plan evolves step-by-step, you can increase your expenses to get loyal customers, and they will choose you over your competitors regardless of whether or not you increase the cost later. 

The next step is to analyse your competition and consider their advantages to their customers. Check out how many customers visit them daily and the advertising methods they use.

Also Read:  Learn About Opening an Automobile Repair Shop in India

9. Open Your Car Wash Shop

The need to obtain the required permissions, permits and licences is paramount. You’ll require authorisation or a licence to begin your company. But, the requirements vary based on the region you reside in. The equipment you purchase depends on the kind of car wash that you’ve chosen to open and your business’ services. A self-service, an automated car wash, or a full-service car wash all have their requirements.

You’ll need to buy the washing equipment (e.g. pressure washers conveyors, mobile wash system, self-service equipment), chemicals (e.g. products for cleansing, wax pre-soaks, etc.), vacuums, pumps, dryers, brushes, towels, water systems and billing systems. Marketing your business: Use the 360-degree method to promote your business using advertising, flyers, posters, social media pamphlets, etc.

The car wash needs to be vibrant with clearly written messages. Be sure that customers can easily see it from a distance. One popular method to draw customers is offering coupons or discounts for car wash services. A crucial aspect of marketing your business is using social media. Make a website, and then establish your presence through Instagram, Twitter, Facebook, etc.

You should think about starting a loyalty programme, and this will guarantee that customers repeatedly return instead of customers who only use coupons only once and never return. In the business of car washing particularly, individuals must be skilled, punctual, efficient, and possess experience.

10. Business Finance

It is one of the most crucial and challenging ventures for any car wash firm. If you have a well-thought-out marketing strategy that you’ve developed before launching your company, this method will help you succeed in your business.

To build a top-quality car wash and provide the highest quality of service to your customers, you must have funds or assets to invest in your company. It is also essential to include a persuasive outline, and it should have information about your business, car or bike wash , and solid marketing and branding plan.

In brief, it’s hard to describe the excitement, thrills, excitement and benefits of a profession such as car washing. Car washing is a great business. Get as much information as you can about the amount you will need to put into it, and make sure you have a business plan before investing any money.

Once you’ve done that, put together the right team, and you’re set to start this business with ease! You should start receiving payments online to keep everything handy.

Follow Legal Tree for the latest updates, news blogs, and articles related to micro, small and medium businesses (MSMEs), business tips, income tax, GST , salary, and accounting.

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

Everything you need on Tax & Corporate Laws. Authentic Databases, Books, Journals, Practice Modules, Exam Platforms, and More effortlessly with one click.

How to Create a Stem-and-Leaf Plot in SPSS

How to create a correlation matrix in spss, how to convert date of birth to age in excel (with examples).

@2020 - All Right Reserved. Designed and Developed by Tutoraspire

How will you prove that the drafts are original and unique?

To describe something in great detail to the readers, the writers will do my essay to appeal to the senses of the readers and try their best to give them a live experience of the given subject.

Customer Reviews

  • Share full article

Advertisement

Supported by

China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy.

The abandoned shells of several unfinished apartment towers with weeds growing in a path between them.

By Alexandra Stevenson

Reporting from Hong Kong

China has a housing problem. A very big one. It has nearly four million apartments that no one wants to buy, a combined expanse of unwanted living space roughly the area of Philadelphia.

Xi Jinping, the country’s leader, and his deputies have called on the government to buy them.

The plan, announced last week, is the boldest move yet by Beijing to stop the tailspin of a housing crisis that threatens one of the world’s biggest economies. It was also not nearly enough.

China has a bigger problem lurking behind all those empty apartments: even more homes that developers already sold but have not finished building. By one conservative estimate, that figure is around 10 million apartments.

The scale of China’s real estate boom was breathtaking. The extent of its unrelenting bust, which began nearly four years ago, remains vast and unclear.

China’s leaders were already managing a slowdown after three decades of double-digit growth before the housing crisis created a downturn that is spiraling out of their control. Few experts believe that Beijing can transition to more sustainable growth without confronting all those empty apartments and the developers that overextended to build them. All told, trillions of dollars are owed to builders, painters, real estate agents, small companies and banks around the country.

After decades of promoting the biggest real estate boom the world has ever seen, and allowing it to become nearly one-third of China’s economic growth, Beijing stepped in suddenly in 2020 to cut off the easy money that fueled the expansion, setting off a chain of bankruptcies that shocked a nation of home buyers.

It was the first test of Beijing’s determination to wean China’s economy off its decades-long dependence on building and construction to sustain the economy.

Now the government is confronting another test of its resolve. To stop the excesses of the past, it signaled over the last few years that no real estate company was too big to fail. But as dozens of big developers have gone bust, they have obliterated any confidence that remained in the housing market. Officials have since tried everything to restore optimism among buyers. Nothing has worked.

With few buyers, developers that are still standing are also on the brink of default. And they are intricately connected to local banks and the financial system that underpins the government in every village, town and city. One recent estimate, from the research firm Rhodium Group, put the real estate sector’s entire domestic borrowings, including loans and bonds, at more than $10 trillion, of which only a tiny portion have been recognized.

“Right now, not being able to sell homes looks like a risk, but it isn’t. More developers going bankrupt is,” said Dan Wang, chief economist at Hang Seng Bank. The first big developers to default, like China Evergrande, were problems hiding in plain sight.

Evergrande’s initial default in December 2021 set off fears of China’s own “Lehman moment,” a reference to the 2008 collapse of Lehman Brothers, which set off a global financial meltdown. The fallout, however, was carefully and quietly managed through policy support that let Evergrande finish building many apartments. By the time a judge ordered the company to be liquidated five months ago, Evergrande had effectively ceased being a viable business.

But China has tens of thousands of smaller developers around the country. The only way for officials to stop the free fall in the market, Ms. Wang said, is to bail out some midsize developers in cities where the crisis is more acute.

China’s top leaders are instead refocusing the lens to address the millions of apartments that no one wants to buy, pledging to turn them into social housing at lower rents. They have committed $41.5 billion to help fund loans for state-owned companies to start buying unwanted property — altogether equivalent to eight billion square feet, of which a little more than four billion square feet is unsold apartments, according to the National Bureau of Statistics.

When Beijing’s response was announced last week, shares in developers initially rallied. But some critics said the initiative had come too late. And most speculated that it would take a lot more money. Estimates ranged from $280 billion to $560 billion.

Officials in Beijing began softening their approach last year. They directed banks to funnel loans and other financing to dozens of real estate companies they deemed good enough to be on a government “white list.”

The support was not enough to stop housing prices from crashing.

Policymakers pulled other levers. They made their biggest cut ever to mortgage rates. They tried pilot programs to get residents to trade in old apartments and buy new ones. They even offered cheap loans to some cities to test out the idea of buying unsold apartments.

In all, local authorities tried out more than 300 measures to increase sales and bolster real estate companies, according to Caixin, a Chinese economic news outlet.

Still, the number of unsold homes continued to reach new levels. Prices of new homes kept falling. So at the end of April, Mr. Xi and his 23 top policymakers began to discuss the idea of taking some of those unwanted apartments off the market in a program not unlike the Troubled Asset Relief Program , which the U.S. government set up in the wake of the American housing market crash.

Last week, China’s most senior official in charge of the economy, Vice Premier He Lifeng, convened an online gathering of officials from across the country and delivered the news: It was time to start buying apartments. Not long after, the central bank loosened rules for mortgages and the central bank promised to make billions of dollars available to help state-owned companies buy apartments.

The move underscored just how worried the government had become about the dysfunctions in the housing market.

Yet almost as soon as state media reported Mr. He’s call on local governments to buy unsold apartments, economists started asking questions.

Would local governments be expected to buy all the unsold apartments? What if they, in turn, could not find buyers? And there was the price tag: Economists calculated that such a program should be in the hundreds of billions of dollars, not tens of billions.

More worryingly, to some, the central bank had already quietly started an apartment buyback program for eight hard-hit cities, committing $14 billion in cheap loans, of which only $280 million had been used. Those governments did not appear to be interested in using the loans for the same reason that consumers did not want to buy houses in smaller cities.

One big difference now, said John Lam, the head of China property research at UBS, the Swiss bank, is political will. The country’s most powerful leaders have said they stand behind a buyback plan. That will put political pressure on officials to act.

“The local government can acquire the apartments at a loss,” Mr. Lam said.

Yet in places where the population is shrinking, which are some of the same cities and towns where developers expanded most aggressively, there will be little need for social housing projects.

The optimistic view is that Beijing has more planned.

“Beijing is headed in the right direction with regard to ending the epic housing crisis,” Ting Lu, chief China economist at the Japanese bank Nomura, wrote in an email to clients.

The task, he added, was a daunting one that required “more patience when awaiting more draconian measures.”

Alexandra Stevenson is the Shanghai bureau chief for The Times, reporting on China’s economy and society. More about Alexandra Stevenson

Business Standard

  • Personal Finance
  • Today's Paper
  • Partner Content
  • Entertainment
  • Social Viral
  • Pro Kabaddi League

LS polls highlights: INDIA bloc allies abuse each other in Punjab, says PM Modi

General elections 2024: catch all the latest news updates on the lok sabha polls here.

Image

Prayagraj: Activists see LS polls as fight to save Constitution, many voters raise local issues

Punjab cm cannot take decisions on his own, has to go to tihar jail to take orders, claims pm modi, the durbaris of delhi are governing punjab, alleges pm modi, pm's post an institution but modi's poll speeches cause for concern: sharad pawar, punjab knows the true nature of the india bloc: pm modi at gurdaspur rally, bjp telling lies about my health, i am fine: odisha cm naveen patnaik, like british, pm modi govt looted water, forest and land of country in 10 years: congress chief kharge, congress, hemant soren's jmm competing with each other on corruption: home minister amit shah, our agnipath remarks criticism of policy not of forces, within model code: congress on ec's remarks, congress selectively distributed central funds sent for himachal monsoon disaster victims: pm modi in mandi, derogatory remarks by congress leaders against kangana ranaut insult to mandi: pm modi, lok sabha polls: india bloc has got capacity to stop the bjp from coming to power, says kharge, general elections phase 6: list of constituencies, key candidates, lalu neither worked for welfare of backward classes nor yadavs: amit shah in bihar.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 24 2024 | 9:21 AM IST

Explore News

  • Suzlon Energy Share Price Adani Enterprises Share Price Adani Power Share Price IRFC Share Price Tata Motors Share Price Tata Steel Share Price Yes Bank Share Price Infosys Share Price SBI Share Price Tata Power Share Price
  • Latest News Company News Market News India News Politics News Cricket News Personal Finance Technology News World News Industry News Education News Opinion Shows Economy News Lifestyle News Health News
  • Today's Paper About Us T&C Privacy Policy Cookie Policy Disclaimer Investor Communication GST registration number List Compliance Contact Us Advertise with Us Sitemap Subscribe Careers BS Apps
  • Budget 2024 Lok Sabha Election 2024 IPL 2024 Pro Kabaddi League IPL Points Table 2024 ICC T20 World Cup 2024 ICC T20 World Cup 2024 Schedule

LinkedIN Icon

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

The $5 McDonald's meal is making a grand comeback in June — but only for a month

  • McDonald's plans to launch a limited-time $5 meal.
  • In first-quarter earnings, the company's leadership highlighted how inflation has affected customers.
  • Other fast food chains are also worried about affordability.

Insider Today

McDonald's is looking to launch a $5 meal in the US in a move to bring back price-sensitive customers .

The meal includes four items, people familiar with the matter told Bloomberg and Restaurant Business . Customers would choose between two of the chain's signature burgers — a McChicken or a McDouble — and get four-piece McNuggets, fries , and a drink. The $5 promotion would last for a month, Bloomberg reported.

The deal will start on June 25, The Wall Street Journal and other outlets reported.

The discussions about the new deal come three weeks after the fast food giant's first-quarter earnings call, where leadership highlighted how customers are increasingly price-sensitive.

"I think affordability is clearly an area where consumer expectations are heightened," McDonald's chief financial officer Ian Borden said on the call. "Obviously, they're getting hit ," by inflation, he added.

The company previewed a value meal on the earnings call without any specifics. CEO Chris Kempczinski said McDonald's has local value meals around the US, but no standard national offering like competitors do.

Related stories

A $5 meal would be a stark drop from current prices, especially in higher-cost cities, according to a Business Insider analysis.

A meal consisting of the same four items — a McChicken, fries, a drink, and four-piece chicken nuggets — costs $18.26 in downtown New York City. In downtown San Francisco, the McChicken version costs $16.15, and the burger variant costs $17.75.

The new bundle would be priced lower than a Happy Meal, which starts at $6.39 in downtown Manhattan.

The company's stock has fallen about 7% year-to-date as investors worry about rising costs and intensifying fast-food competition.

Fast-food chains across the US are grappling with fewer orders from customers who no longer find their meals affordable. Wendy's, Shake Shack , Starbucks and Burger King parent Restaurant Brands International have all said in their latest earnings call that they will exercise caution on prices.

"We're going to stay careful on pricing," Gunther Plosch, Wendy's CFO, said in its earnings call earlier this month. "I don't think we're going to get too greedy."

Fast-food giants have also been hit by California's new minimum $20 hourly wage for limited-service restaurants. Franchisees that have raised prices are worried they may lose customers to sit-in dining chains like Chili's and Applebee's , which are not subject to the wage hike.

McDonald's did not respond to an immediate request for comment sent outside standard business hours.

Watch: US vs India McDonald's | Food Wars

garage business plan in india

  • Main content

The Economic Times

The Economic Times daily newspaper is available online now.

Mahindra group to invest rs 37,000 crore in auto sector, plans to launch 23 new vehicles by 2030.

Whatsapp Follow Channel

Mahindra Group announces plans to invest Rs 37,000 crore in the auto sector over the next three years, with a focus on launching 23 new vehicles by 2030. The investment includes new ICE SUVs, BEVs, and light commercial vehicles. The company emphasizes the importance of ICE models in the short term while investing significantly in the EV segment. The expansion plans also include enhancing manufacturing capacity and remaining open to future mobility trends, including hybrid vehicles. The company welcomes India's new EV policy and emphasizes its commitment to the 'Make in India' initiative.

Mahindra Group.

Lok Sabha Voting Phase 6: All the latest news

Read More News on

Download The Economic Times News App to get Daily Market Updates & Live Business News.

What's troubling Cognizant, Wipro turn around? And they aren't the only ones str:Image

What's troubling Cognizant, Wipro turn around? And they aren't the only ones struggling.

How much is enough to retire safely? Here, a simple calculation may not work.:Image

How much is enough to retire safely? Here, a simple calculation may not work.

Stock down 51%, why MFs, retail investors are still chanting Paytm Karo:Image

Stock down 51%, why MFs, retail investors are still chanting Paytm Karo

A Bitter hacker, a one-line mail: How Pak, China are beaten at their own game:Image

A Bitter hacker, a one-line mail: How Pak, China are beaten at their own game

Blinkit’s all-out assault on Q-commerce worry shareholders. Here are answers to :Image

Blinkit’s all-out assault on Q-commerce worry shareholders. Here are answers to their questions.

Infrastructure stocks: Stay bullish, hedge to participate in next round of re-ra:Image

Infrastructure stocks: Stay bullish, hedge to participate in next round of re-rating: 6 infra stock with an upside potential of up to 39%

The Economic Times

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Reason for reporting:

Your Reason has been Reported to the admin.

avatar

To post this comment you must

Log In/Connect with:

Fill in your details:

Will be displayed

Will not be displayed

Share this Comment:

Uh-oh this is an exclusive story available for selected readers only..

Worry not. You’re just a step away.

garage business plan in india

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

To read full story, subscribe to ET Prime

₹34 per week

Billed annually at ₹2499 ₹1749

Super Saver Sale - Flat 30% Off

On ET Prime Membership

Unlock this story and enjoy all members-only benefits.

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Get 1 Year Free

With 1 and 2-Year ET prime membership

Get Flat 40% Off

Then ₹ 1749 for 1 year

ET Prime at ₹ 49 for 1 month

6th Anniversary Offer

Get flat 20% off on ETPrime

90 Days Prime access worth Rs999 unlocked for you

garage business plan in india

Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

Stock analysis. Market Research. Industry Trends on 4000+ Stocks

​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Stories you might be interested in

  • India Today
  • Business Today
  • Reader’s Digest
  • Harper's Bazaar
  • Brides Today
  • Cosmopolitan
  • Aaj Tak Campus
  • India Today Hindi

garage business plan in india

Google plans to invest billions in Tamil Nadu for smartphone plant: Report

The tech giant has selected the southern state as its focal point for expanding manufacturing operations within the nation..

Listen to Story

Google lays off hundreds of employees

  • Tamil Nadu government delegation talked with top Google executives in US
  • Google's Wing subsidiary expected to begin drone assembly in Tamil Nadu
  • Google first announced Pixel smartphone production in India last October

Google plans to invest billions of dollars in Tamil Nadu, to establish smartphone manufacturing facilities, reported Bloomberg.

The tech giant has set its sights on Tamil Nadu in its bid to expand manufacturing operations within the nation.

Google intends to start the assembly of Pixel phones in the state, setting up fresh production lines in collaboration with Taiwanese contract manufacturing partner Foxconn Technology Group, according to sources familiar with the matter quoted in the report.

Additionally, its Wing subsidiary is also expected to begin drone assembly operations in Tamil Nadu.

A delegation from the Tamil Nadu government, including Minister for Industries TRB Rajaa and senior executives, had discussions with senior Google management in the US to advocate for their state as a prime manufacturing destination, as per sources quoted in the report.

There has been no official confirmation from Google or Foxconn regarding these developments as of now.

Google's decision to accelerate its plans for device manufacturing in India aligns with the strategic moves of companies like Apple Inc, aiming to diversify away from China to reduce geopolitical risks.

This development fits well for Tamil Nadu, which is looking to transition into advanced manufacturing.

Google had initially announced its intentions to begin local manufacturing of Pixel smartphones in India, starting with Pixel 8 and Pixel 8 Pro in October last year.

The company had indicated ongoing discussions with both domestic and international manufacturers for the local production of its premium smartphones, without revealing details.

This initiative aims to enhance the availability of Pixel smartphones across the country, with the first devices anticipated to hit the market sometime in 2024.

Google's latest move highlights Tamil Nadu’s potential as an advanced manufacturing hub, already established as a key centre for Apple's expanding manufacturing ecosystem in India, with the presence of Foxconn, Pegatron, and Tata.

Google had earlier initiated a partnership with personal computer (PC) maker HP to manufacture Chromebooks at the Flex facility in Chennai. .

IMAGES

  1. How To Start Auto Garage Business in India| SkillsAndTech

    garage business plan in india

  2. Garage and Auto Repair Shop Business Plan

    garage business plan in india

  3. Garage and Auto Repair Shop Business Plan

    garage business plan in india

  4. Business plan for garage

    garage business plan in india

  5. Garage and Auto Repair Shop Business Plan

    garage business plan in india

  6. Business Plan Template For Auto Repair Shop

    garage business plan in india

VIDEO

  1. Akshara Mart Private Limited Business plan # india # networkmarketing #selling #mlm#

  2. कार गैराज का व्यवसाय

  3. I took the floor plan For my car dealership Business

  4. High Demand Jobs in India 2023 Your Fut 2023

  5. गाड़ी पार्किंग का बिजनेस कैसे शुरू करें

  6. marriage hall business in Pakistan

COMMENTS

  1. How To Open Automobile Repair Shop In India? Auto Repair Business

    4. Layout And Structure For Auto Repair Business. While starting an auto repair business, you have to carefully plan the layout of your shop. Since you will be using a clear-lift hoist, the ceiling should be at least 14 feet high. Also, the access must be wide enough for the customers to drive their cars in.

  2. Automobile Repair Shops

    Automobile Workshop Business Plan. To start an automobile repair store, It is required to plan the business first. Some basic terms in business planning you need to follow are: Service Availability: The first thing that needs to be considered is the number of services that will be available in the shop. Setting up the theme of the car repair ...

  3. How to start an automobile business in India?

    Plan and strategize: The first step towards opening a new business in any industry is to strategize a business plan and streamline business ideas. Your business plan should be detailed, flexible, and future-proof. This will help you overcome any forthcoming challenges instantly with ease. Choose your industry: Choosing a field of operation for ...

  4. How to start an Automobile Repair Business in India: Profitable

    How to start an Automobile Repair Business in India. If you are thinking of starting an automobile repair business in India, there are a few things you need to know. Establish a business plan. This is essential for any business, and it is especially important when starting a new business in a competitive market like automotive repair.

  5. How To Start Auto Garage Business in India| SkillsAndTech

    2) GST Registration: 3) Trade License: 4) Pollution Certificate: 5) MSME/SSI Registration: 6) Trade Mark: 4. Auto Repair Garage Business Location. Skills Needed To Be A Mechanic. Auto Mechanic Tools And Equipment List.

  6. Cost of setting up a car care business in India

    The biggest challenge in the detailing business is retaining talent. Most of these guys get paid anywhere between 8 - 12k + commission, per car. The supervisor level guys get paid around 15k - 20k. I hardly see any of them last more than a year at the same place.

  7. How to start an automobile repair business in India

    A proper business plan should be developed to execute the business smoothly. Each decision must be given a serious thought. ... A good auto repair businessman always aims to organize the garage which fits the business needs. A good auto repair shop possesses an organized room for the spare parts in which all the tools and supplies are arranged ...

  8. Top 31 Automobile & Car-related Business Ideas To Start In India By

    Car Wash Business. Mobile car washes are an excellent way to make a lot of money without risking a lot of capital. Mobile car washes also allow you to avoid having a retail storefront. Trucking business. Transport of goods from the manufacture to the state of consumption is part of the automobile business plan.

  9. Multi-brand car service centers are the future of the car servicing

    The Automobile industry contributes 7% to India's GDP. Automobile production in 2021 stood at 92 million and the industry turnover by 2021 end is expected to be 2 trillion dollars and cars sold by 2021 will be 75 million. Also, the CAGR was 36.4% during FY'15- FY'20. Consequently, the car servicing business is fast picking momentum to ...

  10. Auto Repair Shop Business Plan Example

    The facilities will contain a two-bay garage, office space and storage space for tools, parts, etc. ... We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. Create your own business plan. Pro Forma Balance Sheet: Month 1: Month 2: Month 3: Month 4: Month 5: Month 6: Month 7: Month 8: Month 9 ...

  11. Writing a Car Dealership Business Plan [Sample Template]

    A Sample Car Dealership Business Plan Template India 1. Industry Overview. Players in the car dealership industry sell both brand new and used cars and they may fall into any of the following niche areas; brick and mortar car dealership shop, online used cars dealership shop, locally produced car dealership shop, imported car dealership shop, luxury car dealership business and multi - brand ...

  12. Starting a Car Accessories Business

    The growing working population and expanding middle are the key drivers of the auto component industry in India. Steps for Opening a Car Parts and Accessories Store Knowing the Car Accessories Business. The automotive parts businesses sector includes stores that sell fresh and used auto parts and accessories and service and install auto ...

  13. Business plan for garage.

    1 like • 1,195 views. P. PRASHANTKunjadiya. This PPT help in preparing the automobile garage business plan as a businessman or entrepreneur. Small Business & Entrepreneurship. Slideshow view. Download now. Business plan for garage. - Download as a PDF or view online for free.

  14. Two-wheeler Spare Parts Business in 2024

    Two-wheeler spare parts business cost. To start a two-wheeler spare parts business you need an investment of 5 lakhs to 7 lakh rupees. This is the amount required to start a spare parts shop for a single two-wheeler brand. If you want to open a multi-brand ( like Hero, TVS, Bajaj ) spare parts shop, you may need an investment of up to 12 to 18 ...

  15. How to Start a Parking Lot Business in India

    How to get started with a parking lot business. Car park business plan. License for parking lot business. Avail a business insurance. Tax registration. Proper security. Marketing strategies to promote your parking lot business. Choosing an appropriate location plays a crucial role in this business.

  16. 40 Business Ideas to Start from Your Garage in 2024

    16. Mechanic Business. If you're an entrepreneur with a good grasp of automotive parts and functions, now is the time to start a mechanic business. Nearly 70,000 job openings for automotive service technicians and mechanics are projected on average every year through 2030.

  17. 80 Best Small Business Ideas in India

    1) Content Writer and Blogging. If you have a strong command over your writing style and reading skills, you can very smoothly utilize your skills to get yourself earn a decent income. It has become a profitable business not only in India but across the world. You get paid on every word you write for your clients.

  18. Business Plan for a garage service

    Business Plan for a garage service Research Paper (undergraduate), 2016 42 Pages, Grade: 1,0. Anonymous eBook for only US$ 20.99 Download immediately. Incl. VAT ... Micro-lending in India. Thoughts on a business plan. Developing a plattform for student-business-interaction. Business plan for &q... Business Plan. "Jazz'n'Roses" Art Gallery and ...

  19. 50 Home Garage Business ideas You Can Start Today

    You should get between £8 and £12 per hour, between 50p and £1 per item or between 50p and £1 per lb of clothes, depending on where you work. So with the washing machine and the iron table inside that free space, you can start earning a good living.

  20. How To Start Your Own Garage Business

    5. Effective marketing and promotions for the business. The better and more effective the marketing campaigns are, the better are the prospects of more customers visiting the garage business. People looking for answers on how to start a garage should prepare a well-researched marketing plan.

  21. How to start a Car Wash Business: Requirements, Profit Margin

    OkCredit is 100% Made in India. 6. FAQs On Car/Bike Wash Business Plan Q. How to open a car wash business in India? Ans- To open a Car washing business in India, you must follow these steps: Attain a minimum 1000 square foot area. Have an initial investment amount of 10 Lakh Rupees. Get all necessary business licenses and permits.

  22. How to Open a Car Wash Business With Low Investment?

    If the business is located in a good location, there is a chance of reaping huge benefits in short intervals. Also Read: How to Start A Car Dealership Business in India in Easy Steps. 2. Business Plan. Before starting your business, you're required to meet all legally required requirements for starting an enterprise.

  23. Garage Business Plan In India

    1344. Finished Papers. Garage Business Plan In India, Sample Application Letter For A Job Pdf, Literature Review Parenting Styles, Nz Govt Business Plan Template, Creative Writing For Fifth Graders, Write Me Custom Dissertation Chapter, Best Descriptive Essay On Hacking. stars - reviews.

  24. China Has a Plan for Its Housing Crisis. Here's Why It's Not Enough

    The plan, announced last week, is the boldest move yet by Beijing to stop the tailspin of a housing crisis that threatens one of the world's biggest economies. It was also not nearly enough.

  25. Lok Sabha polls LIVE: INDIA bloc allies abuse each ...

    Defence Minister Rajnath Singh on Thursday stated that earlier India's words were not taken seriously at international forums, but today, when Prime Minister Narendra Modi speaks the whole world listens, emphasising that many world leaders refer Prime Minister Narendra Modi as "boss" and respect him, news agency ANI reported. At a public rally in Palwal, Singh said: "just 25 years ago, India ...

  26. Google Picks Southern Indian State for Smartphone Production

    Google plans to invest billions of dollars in India's Tamil Nadu state to set up smartphone production, picking the southern industrial province for its manufacturing push in the country.

  27. McDonald's Plans $5 Meal Promotion for June As ...

    McDonald's plans to launch a limited-time $5 meal. In first-quarter earnings, the company's leadership highlighted how inflation has affected customers. Other fast food chains are also worried ...

  28. Mahindra Group to invest Rs 37,000 crore in auto sector, plans to

    Mahindra Group announces plans to invest Rs 37,000 crore in the auto sector over the next three years, with a focus on launching 23 new vehicles by 2030. The investment includes new ICE SUVs, BEVs, and light commercial vehicles. The company emphasizes the importance of ICE models in the short term while investing significantly in the EV segment. The expansion plans also include enhancing ...

  29. Google plans to invest billions in Tamil Nadu for ...

    Google's decision to accelerate its plans for device manufacturing in India aligns with the strategic moves of companies like Apple Inc, aiming to diversify away from China to reduce geopolitical risks. This development fits well for Tamil Nadu, which is looking to transition into advanced manufacturing.

  30. Here are the 3 financial rules to follow when planning your wedding

    This millennial plans weddings for India's rich and famous — don't overlook these 3 financial rules, she says ... The 36-year-old is the co-founder and head of business development and client ...