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A. Dear
Stephanie,
What can I say? You've got everything waiting to be tapped. But I suggest
that you stay calm and proceed with caution. The market is there as you see
it. Now, I suggest that you try to approach these prospective auto dealers
whom you say, needs your service. Talk to them. Try to get their honest
opinion whether they will give you that benefit of referring to you their
detailing business. Try to to get a commitment. Of course, they don't have to
sign a contract with you yet, but their comments and opinions can give you an
idea whether it's worthwhile pursuing your dream.
Now, try to write a business plan so that you can see for yourself how you
will start and run the business. Here are some considerations that I suggest
you look into. As it is at the moment, you have personally done the detailing
to your car by yourself. Have you considered how you will handle the business
when customers starts coming in? Will you hire people? How about if more than
three cars come at one time, have you thought of how you will park them? How
much will you charge? Would the expected profit compensate for the
"obscene" rent and leave you with a decent profit? How about your
utilities, telephone, equipment, etc? If the business does not pick up as fast
as you expected, will you have additional source of capital other than the $6,000
you have with credit cards?
Also, check the zoning of that area. Consult the City Hall authorities if
that area is zoned for your planned business.
It is always better to write a business plan and properly lay down the
details before you jump start the
business. At least, you will be prepared and eliminate many possible errors
that you might make..
But if everything is fine, start small and grow as you go on. Everything is
there - go for it.
Good luck!
About
the PowerHomeBiz.com Guide:
Nach Maravilla is
the Publisher of Power Homebiz Guides. He has over thirty years
experience in sales and marketing of various products, which
covered as he jokingly describes, "from toothpicks to
airplanes" He also had extensive experience in
International trading and he always excelled in special promotional
ideas for retail outlets.
The opinions expressed in this column are
those of the author, not of PowerHomeBiz.com.
Users
should not treat the Guide's response as legal, accounting, or
professional advice as all answers are intended to be general in
nature. Such advice can only be properly given by qualified
professionals who are fully aware of a user's specific geographical areas or circumstances, such
as
an attorney or accountant.
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