Hey Mark – There are a number of valid answers to your question, but here are my thoughts on it. First, I am fairly conservative and don’t rush into things with both barrels blasting and spending lots of money. I would consider building an inexpensive website and developing a relationship with an experienced local technician to take the service calls that you are not ready for yet see our post “Enter the Stealth Tech”. That way you can observe traffic patterns without misleading any well intentioned customers who really just need service. I wouldn’t worry about my profit margin too much with those initial calls, focus on paying the other technician well and establishing a reliable relationship with dependable results. Once you get that going you can experiment with generating paid leads Service Magic and such to get more feedback on your area’s potential needs. Be careful, some sources can be very expensive like $25 per lead and you want to make sure you can service those leads to avoid negative results see our post “Chasing the Dragon”. Meet with local realtors they have home inspections that reveal broken appliances and rental property managers they will be bottom line oriented. As far as a parts store, I don’t feel qualified to advise you, that is such a different model than what I actually do. I can tell you that starting an appliance repair business is a handful all by itself. As far as the parts store goes, I imagine it will take a fair amount of cash for startup inventory and you will be competing with internet parts suppliers with rapid fulfillment times and generous return policies. If you are looking for the Best Appliance Repair Company in Toronto Downtown and GTA, Just contact SOS Appliance Repair, We service all cities in Toronto and the GTA, however, we have partnered with several smaller local companies to help serve you better. If you are located in Oakville, visit Oakville Appliance Repair or Oakville Appliance Services for your emergency appliance repair services. For those located in Richmond Hill, visit our partners at Mississauga Appliance Repair , Richmond Hill Appliance Repair. Feel free to visit the websites of our affiliates as well in: Vaughan, Markham, Etobicoke, Toronto. Dishwasher leaving a white film on your dishes?Shawn Hudgins Check out this article on GE's website that explains what is going on. Daniel Molina Did you know that Washers are the most likely cause for water damage in your home?The culprit?The Washer Hose!We here at My Appliance Repair recommend that you replace your Washer Hose at least every 5 years.
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Auction Business Here's some helpful information that is written for entrepreneurial folks who are thinking about starting an auction business.