Posts Tagged ‘auto repair’

The Best Option for an Entrepreneur to Start Their Auto Repair Business

There are a lot of different ways you can go into business, but the best way, according to many experts, is to buy a franchise. Even if you don’t know exactly what a franchise is, you are certainly familiar with them. Fast food is a prime example. Although some of the locations may be owned by the company, most of these types of restaurants are franchised.

What is a franchise?
Basically, you buy a franchise from a company for a certain amount of money. You sign a franchise agreement, so you know what you can and cannot do. The company owns the brand, logos, trademarks, and just as important, many of the processes and systems that relate to the business. In the case of a fast food restaurant, the company supplies the food and other supplies, then there are specific ways to prepare the food.

Why do companies have franchises?
The reason why companies utilize the franchise concept is that they are able to expand their business more rapidly. When an entrepreneur buys the franchise, the company is able to offset the cost of expansion. If they were to use their own capital, it would be cost prohibitive to expand at the same speed. At the same time, because an entrepreneur has invested his or her money, they will be dedicated to the company’s success and work hard to make their individual franchise location successful.

Why is this beneficial to an entrepreneur?
You don’t have to spend an enormous amount of time building up a brand and building up a customer base. Most franchises have brand name recognition. In addition, many people have already purchased the product that you’re offering from another location, and they are ready to buy from your new franchise. There is no other way to have this type of automatic, built-in customer base for a new business than buying into a popular franchise.

If you want to start your own business, then you should look at franchise opportunities, and not just fast food. There are auto repair franchise opportunities along with a variety of other products and services.

Most Expensive Auto Repair Problems

download (2)Any car owner can admit that maintenance can be extremely costly, especially if you miss frequent servicing. Avoding frequent tune-ups and oil changes, or neglecting the check-engine lights can cause to costly auto repair services:

1. Replacing/fixing the cylinder

Ignoring small problems certainly results in larger, more costly problems. The need to fix or replace a cylinder is usually a indication of continuous negligence. Replacing or fixing a cylinder can price more than $8,000 because of the work engaged. Cylinder failing happens when the proper combination of fuel, air and sparks are missing. The cylinder overheats and stop working but not without a lot of warnings, such as misfires and other problems. Actually, with frequent servicing, this issue is almost nonexistent.

2. Changing the Transmitting Assembly

Without a working transmission, your car wheels cannot turn. Transmitting problems can often be headed off with frequent servicing, especially if you adhere to your company’s information for schedule services. Replacing the set up can price at least $3,600 or more.

3. Changing the Hybrid Inverter Assembly

This auto repair is cost you a lot because hybrid parts are not easily obtainable. As the model becomes more common, the price may fall. Since the only warning for this issue is the check-engine light, inverter failing can be hard to identify. The inverter is accountable for transforming DC power to AC power. It doesn’t often stop working, but when it does, changing the set up can price anywhere between $4,000 and $7,400 based on the automobile model.

4. Replacing the Spark Plugs and Cylinder Head

Spark plug failing needs to be resolved instantly. Continuous misfires in your engine will cause the cylinder to heat up and don’t work. Actually, unless the issue is resolved right away, engine failing is unavoidable – and costs up to $8,000 or more. How do you know that your spark plugs are having problems? For most automobiles, the check-engine light will begin to flicker, showing a misfire. Mechanics suggest that you stop driving the car instantly because you’re now doing serious harm to the engine. Auto repair of this kind can price up to $3,500 or more, even if it’s taken care of right away.