If you’re looking to become a business owner, it’s important to pick an industry in high demand. The U.S. automotive retail industry is growing in popularity, and the associated aftermarket sector is projected to be in even higher demand with an estimated net worth of $273 billion by 2017. It may seem, though, that automotive business owners need years of experience and countless hours of training to be successful, which would exclude a large number of entrepreneurs.
Now is a great time to get started as an automotive business owner, but if you have no experience, where do you begin? One solution might be becoming an automotive franchise owner. Franchise ownership typically comes with all the training, systems, tools, and brand awareness you need to be successful. Even so, choosing which model is right for you can be tough.
Here are a few points to consider when looking for an automotive business:
- Training: No reputable automotive business should throw you to the wolves untrained. Look for brands that offer business, management, vendor relations and technical training before and after your launch. Even if you have zero automotive experience, you should be able to open your doors ready to tackle any job.
- Vendor Relations: Having access to parts that customers want and need for their vehicles is key to the success of an automotive business. If the brand you’re looking at has limited access to parts or has poor vendor relations, your business will likely lag behind.
- Support: Having a team of developers to help you with a grand opening, marketing, public relations and social media will allow you to concentrate on the revenue-building aspects of the automotive business that you love.
- Lending Options: No successful business startup is cheap, but it doesn’t have to break the bank. Look for a brand that offers financial support that’s backed by the U.S. Small Business Administration.
- Multi-Store Ownership: If you build one successful automotive business, why not build another? Franchising provides the opportunity for your business to grow as a territory with corporate support for each new store you open.
Without the above considerations, your efforts to become an automotive business owner may fall flat. To maximize your chances of success, stick with the trusted source of aftermarket automotive customization across the U.S. – Tint World®. With multiple franchise program options available – including single store, multi-store, co-brand store or conversion store – the perfect opportunity is available to kick start your automotive career. Contact our franchise development team today to learn more about your options for opening your very own Tint World®.
