For repairs to cars, you will need ASE approval. If this certification isn’t available it could be difficult to gain insurance or raise money for repairs. Other expenses you should be aware of
A business license can cost between $50-$100. ASE certifications require a payment of $39 to register. Insurance : You’ll have to shell out around $4,000 per year for insurance to protect your shop. Mechanics’ hydraulic lift generally cost $5,500. Rental fees for shops – one hundred dollars to $11,000 monthly. Tools for mechanics with specific tools. Everything you will ever need will usually run around $15,000

Overall it’s likely that you’ll be working for at minimum the sum of $50,000. Also, you should consider the amount of staff members is paid according to their expertise and experience. The typical rates are $50 to $100 for an hour. And depending on how many clients you’ll be serving, you should budget in between $10,000 and $20,000 to fund parts and extra tools. Once you’ve budgeted for every cost, it’s important to choose a location where you’re busy, employ good employees, and promote your shop.

Automotive Painting Business

Enterpreneur.com estimates that the initial costs to launch an auto body painting business will range from $10,000 to $50,000. There is a need for a dual action sander as well as an air compressor, and a spray gun. A slide hammer and an auto body hammer are required. The other main requirement is that either you or your employee has the necessary skill knowledge and expertise to do the painting. Much like the auto repair shop the business plan for your auto could also incorporate franchising. Examples of franchises that offer paint for cars include Touch Up Guys, Aero Colours as well as Maaco.

Other

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