A START- UP DETAIL BUSINESS... CAN YOU M.A.K.E.
I.T.?
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Starting a detail business is not for everybody. It
takes a great deal of enthusiasm, dedication, and vision to get one
off the ground. In addition to these qualities, there are several
other ingredients you need to have in order to successfully launch
and build a detail business. At the top of the list is: MONEY to cover
start-up costs. The list also includes an aggressive approach to marketing
your business; complete knowledge of market conditions and your competition;
a general idea of what resources you will need to run your business
efficiently; integrity and mental toughness.
So, is starting a detail business right for you? Ask
yourself this question
can you or your new venture M.A.K.E.
I. T.?
M
- Money
Money may be the most important ingredient for starting
your detail business. Money is needed to make your initial investment
and pay for equipment, supplies, chemicals, your salary, advertising,
and other associated start-up costs, such as licenses and permits.
Some experts say you should have enough money on hand to cover three
to six months of operating expenses. This means you should have enough
money to pay rent or vehicle expenses (if mobile) and your salary
or salaries of employees for six months after your launch date, to
allow the business to grow.
What do you do if after opening no one shows up? How
will you weather these dry spells of your new business? The answer
is simple: MONEY. And don't forget about an advertising budget. What
if your ads fall on deaf ears or you've chosen the wrong type of or
placement for advertising? With enough money on hand to see yourself
through the first three to six months of operation, you should survive
the initial start-up stage, and be on your way to success.
A
- Aggressive Approach
Be aggressive in your approach to marketing your new
business. You'll need to use "guerrilla tactics" in the
first few months. Get the word out any way you can. If a fixed location,
have a grand opening with balloons and all the decorations you can
manage. Offer a FREE hand wash to bring the right customers in, that
is, those who will pay for a hand wash. Never miss an opportunity
to leave a business card anywhere and everywhere. When dining out,
leave one on your table at the restaurant, and leave a few more at
the other tables. Send a press release to every newspaper and specialty
magazine covering your business area.
The aggressive approach should also extend to your
employees. They should be as enthusiastic as you are. After all, they
too will benefit should your business be a success. When it comes
to marketing your new business, there is almost no wrong way, to get
the word out. Just be aggressive.
K
- Knowledge
It is important to know your business area, inside
and out. Are there new laws that will affect you immediately and over
the next few months or years? What are the current market trends?
Are there any problems with supply or demand for your detail service?
Basically, you need to know your particular niche better
than anyone else does. You'll also need to know your competition,
and keep abreast of everything they do. Are they raising or lowering
prices? If so, why? Know your customers, what services do they want,
(or just as important, what they aren't buying), where they come from,
and how they found out about you.
E
- Education
Before you start your business, do your homework. What
equipment, supplies, chemicals and employees do you need to begin,
or successfully run your new detail business? It's equally important
to figure out what you don't need. Why waste money on something that
is unnecessary? Do you really need a huge, fancy central vacuum, or
is a basic shop vacuum good enough? Are employees necessary or can
you do it yourself? Are you better off buying small quantities of
chemicals or buying in bulk? Here you may have to speak with other
detailers in a field or seek out advice from an expert. In the short
term and in the long run, educating yourself on the detailing business
you are starting will save you money and may mean the difference between
success and failure.
I
- Integrity
You should constantly demonstrate integrity with your
customers, suppliers and advertisers. Your customers should be able
to count on you to always do the right thing and deal with them fairly.
Honor your satisfaction guaranteed. It will pay off for you in the
long run to have truly satisfied customers. This is also true for
your suppliers. Pay your bills on time and make a good name for yourself.
Your suppliers will become valuable assets to your business. You may
need them as a reference on a future loan or for dealing with a new
supplier. Your advertisers should be able to count on you to give
them your ads on time, and with the correct payment. Again, you may
need them someday to help announce a new location or service or help
in suggesting an ad campaign.
Most importantly, never let yourself down. Follow the
rules. Get the required permits or licenses you need. If mobile, get
a containment mat. If fixed insure the locations has an oil/water
separator and connection to the sanitary sewer. Don't think you're
saving money by not having them; the penalties are always higher than-the
original fee. And, of course, never let the idea of earning a quick
buck cloud your judgment. You'll know what is right and what is wrong
because you'll feel it.
T
-Toughness
Be tough. Take the mental approach that you will succeed
no matter what obstacle is blocking your path, and no matter how difficult
it seems. You'll be spending long hard hours at your new detail business
(and if you aren't, something may be wrong). You need to stay tough
and fight through the hard times. There will be hurdles to jump over
and gaps to build bridges across. Only the tough survive. Sometimes
you'll feel like taking the day off. Don't. There may be others who
can't wait to see you fail. Don't give them the satisfaction. Hang
in there. Others may also be ready to throw in the towel and you'll
need to be tough for them.
Starting a detail business is a huge task. There is
so much to learn and so much to do, and much of what happens to you
won't be known until it happens. But with careful preparation and
the right mindset, you can increase your chances of succeeding in
the long run.
SIDE
BAR
10 Ways to Jump Start Profits
1. Get your potential customers involved in your advertisements
by asking them questions. Most will automatically want to answer the
questions in their minds.
2. Switch your marketing plan if a particular market
becomes soft for your detail service, be flexible and restructure
your plan for a different market.
3. Show testimonials that have used your detail service.
4. Use a little humor in your ad copy. It could be
the little extra motive you need to close a sale. People are easier
to persuade when in a good mood.
5. Add a message board or chat room to your web site.
People who enjoy it will revisit your web site regularly to participate.
6. Hold free contests. Most people like to win things.
If you can fulfill that need, people will stop by to visit.
7. Join online business associations or clubs. If you
join, they will usually list all members on their web site. Give your
business some extra exposure.
8. Offer your potential customers a monthly maintenance
program. Tell them they can have their vehicle maintained for a flat
monthly or yearly payment.
9. Present new services on your website. You want to
encourage customers to come to you changing site for new ideas, services
or products.
10. Promote customer feedback. Tell them you want
their honest opinions about your details service, good or bad
Questions? Contact me at buda@detailplus.com
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