Car and motor industry is rich with numerous profitable business opportunities. Start your own car and motor tuning business today to be a part of this multi-billion-dollar industry. Get yourself ready now and earn thousands of dollars with car and motor tuning business idea. Use your time during COVID-19 pandemic wisely and start your home business with this opportunity.
01 Startup Financing Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf)
BACK TO THE BUSINESS IDEA
Cars and motorcycles are forever. If you are car enthusiasts and have required knowledge related to car craftsmanship, then car and motor tuning business idea is a great prospect to build your own empire. There is no doubt in the fact that the car industry is very rough and competitive, and requires smart strategy and planning before starting. Business Titans can support you in handling your challenges.
An automotive repair experience and knowledge of tune-up procedure are necessary to run this business. You can also deal in auto spare parts since while repairing and tuning certain parts are replaced. For this try to rope in big spare parts dealer to secure more profit margin. The success of car and motor tuning
business will depend upon your genuine ability and desire to do a good job and serve others. You can also set up joint venture with experienced mechanics and auto workshops in your locality. Besides, knowledge of recent advances in auto industry will be a plus point to outshine your competitors.
Your objective should be to develop a repeat clientele base. Additionally, you can offer car customization services. Such services are quite famous nowadays and will help you expand your business. Try and get tuning contract from cab or transportation company. You can also start the car and motor tuning business
from your garage and save some startup cost. Run ads in local newspapers and place your ad on bulletin boards in your community. Moreover, you can also promote your business by posting your ad on different service stations and spare part shops.
Cars and motorcycles always require tuning and repair after some time. Since cars and motorcycles are two of the most widely used transportation vehicles you will be receiving customers frequently.
- Shop: You will need a properly equipped shop at the prominent and famous location. Location near auto spare part shop and service station is ideal.
In-home: You garage can serve as a shop for this business. However, it should be big enough and well equipped. Ideal as home business idea during Covid-19 pandemic.
- Website: Online book the client's appointments by creating your business website.
- Social media: Promote your business and attract customers through Facebook posts, YouTube video marketing, and Twitter account.
The startup cost for car and motor tuning shop business idea is medium. However, the profit potential is high as car and auto tuning shop generate millions of dollars annually. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- A flexible business with high-profit potential and vast knowledge. This business allows starting some side businesses such as car customization shop.
- You can start this business from your garage.
- This business has huge growth potential.
- Highly lucrative through effective marketing strategies.
- Medium startup investment with high earning potential.