How to Start an Electric Tools Repair Business?
Electric Tools Repair Business
Electric tools are used not only in professional activities, but also in home repair work. The hand electric tool has gone to the background, and to perform simple actions, for example, screw the screw into the wall, it will take five minutes. The electric tool has only one drawback - it breaks and needs maintenance. The business idea of opening an electric tool shop does not require a lot of investment and will begin to generate profits at the end of the first year. How to open a business of repairing power tools from scratch?
Features of rendering services
The workshop performs repair of electric tools and gasoline tools. As an additional activity, the workshop performs warranty and post-warranty maintenance, adjustment and tuning of tools.
The main consumers of services will be residents of the city, in which the business idea is realized. You can count on customers from the suburban area. This is explained by the fact that it is easier for residents of the nearest districts to get to the city than to contact the official service centers in large settlements.
In the first year after the opening, the workshop must withstand the onslaught of competitors, build consumer confidence and earn loyal customers. The first year, part of the proceeds will go to repay the investments that were invested in the project: the purchase of equipment, furniture, rental of premises, the purchase of spare parts and many other costs.
In the next 2-3 years, the workshop should take a stable place in the market for its region. But to achieve the maximum goal, you need to earn the trust and respect of consumers.
The services will be offered in three categories:
• Household repair.
• Profile repair.
• Care and maintenance tools (oil change, lubrication, cleaning).
Additionally, disassembly and assembly of the tool are evaluated. This item is necessary as a reinsurance. If the client is not ready to pay for repair work, the master will simply take a symbolic fee for a detailed inspection of the instrument.
The operating mode for the workshop must be selected in such a way as to attract as many orders from customers as possible, but not overload the employees of the enterprise. Often customers rent an instrument for repairs on weekends. Therefore, work on the weekend will bring a big result in terms of developing and expanding its clientele.
Underwater rocks
Annually tens and hundreds are developing new models of the instrument. They also require repair, maintenance, adjustment. Therefore, it requires personnel with fresh knowledge, constant retraining, and the passage of training from manufacturers.
At the same time, the population has a large potential of old electric and gasoline tools, which also have to be repaired. That is, the cadres in the workshop must be involved with experience and at the same time with the knowledge of everything new. This is the main problem that hinders the development of this service sector.
The business idea for opening an electric tool shop has pros and cons, of which the following are highlighted:
• Open a small workshop in a small semi-basement.
• No special permission is required for opening in any room and place from the controlling authorities.
• There is no need to hire a large staff.
• It is difficult to select personnel with experience and knowledge in new technologies at the same time.
• In a large city, where a niche is occupied by large competitors, it is difficult for a newcomer to break through and earn the trust of customers.
Company location
To place a workshop for repair services is better in the central part of the city, so that customers can easily get to you from anywhere. If the workshop is small, you can rent a room in a residential area, the main thing is that some conditions are met:
• Nearby there were several stops for a different type of transport.
• It is good if a specialized tool store is located in the neighborhood.
• The premise is rented on the first floor, as some types of power tools are massive enough to weigh more than 1 kg.
• There are several outlets in the room and there is good lighting.
The room for the workshop can be located:
• In a residential building on the first floor, with a separate entrance.
• In a separate small building.
• In one building with retail space.
For a repair shop of several employees it is recommended to rent an area of 100 square meters. Inside the room is divided into zones:
• Production room - 40 square meters. m.
• The director's office - 20 square meters. m.
• Reception room - 15 square meters. m.
• Warehouse - 20 square meters. m.
• Waiting room - 10 square meters. m.
• Inventory warehouse and cloakroom for workers - 5 square meters. m.
• Dressing room - 5 square meters. m.
Total: 115 square meters. m.
Equipment and furnishings
Each room is furnished with furniture at a minimum. To start and organize the workflow, it is enough to purchase the following furniture:
• Tables working - 3 pcs.
• Chairs - 6 pieces.
• Computer table - 1 pc.
• Shop in the waiting room - 1 pc.
• Metal shelves - 6 pcs.
You can reduce costs if you buy furniture used for ads. Equipment is recommended to buy only new and good quality. The fact is that the reputation of the workshop will depend on its quality and productivity. The minimum set of equipment in the workshop is as follows:
• Screwdriver sets from the smallest to the largest, in various shapes - 1 pc.
• Vice - 2 pcs.
• Allen key (all sizes).
• Sockets and car keys (of all sizes).
• Electric drill - 2 pcs.
• Winding machine - 1 pc.
• Soldering irons of different power - 3 pcs.
• Gas burner or blowtorch - 2 pcs.
• Screwdriver - 2 pcs.
• Roulette - 2 pcs.
• A set of drills of all sizes.
• Dies of various diameters.
The rest of the equipment is already purchased in the process of work, as needed. To the tool additional consumables are purchased (rosin, solders, oils, gasoline).
Personnel policy
The staff of the power tool workshop includes the following positions:
• Director or manager - 1 person.
• Accountant - 1 person.
• Electromechanics - 2 people.
• Radio mechanic - 2 people.
• Cleaner.
Promotion and approval in the niche of services
To promote a repair shop for electric tools, a niche is analyzed in the region. A few large competitors are singled out, their prices, services and profits are investigated. Your prices should not be lower than competitors, otherwise profitability and payback will be lower.
To promote the market, it is suggested to use the following methods:
• Groups in social networks. To attract potential customers, a group is created, which is promoted through similar communities in your region.
• Announcements in periodicals.
• Proposal of services as a service center for large entrepreneurs, whose business is connected with the trade in power tools. For this, a contract is concluded, in which the rights and obligations of both parties are prescribed. The service center will receive a certain amount per month, or a percentage for each repaired instrument.
• The discount program. For services, a 10-15% discount is provided for certain categories of citizens: pensioners, labor veterans, students, large families.
• The most effective advertising for the workshop will be "word of mouth". If services are provided at a discount and in high quality, then customers will recommend the master to their friends and acquaintances.
Eventually
If there are customers and good turnovers for profitability, the project will be released in 4-5 months of operation.
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