Motorcycle parts business plan philippines

Motorcycle parts business plan pdf

If you're near in Caloocan you may go to 10th ave. Consult your insurance representative for a business liability policy that covers the unique situations encountered by a motorcycle parts business, which can be rife with risks to both life and property, due to the nature of motorcycles. Good mechanic will give you repeat sales. Explore the possibility of getting a credit line from key motorcycle-parts wholesalers. Caloocan this is a free listing. These are: Money , Supplier , Location and Mechanic. Motorcycle parts are normally specific to a brand, make or model so it may be in your best interest to carry universal products like tires, stickers, clothing and protective gear in store while ordering specific parts on a request basis.

Be prepared to shelve or merchandise these items attractively before the grand opening. This is good since malls usually offer parking area. These activities can be conducted for a fee, creating a profit center of its own, or you can offer them free of charge to attract your target market to your parts shop.

There are many two-wheeled vehicles who are enthusiasts and happy with what they have. We are only talking here about the stocks. Visit successful motorcycle part stores in the area to get an idea of how much inventory they carry, what kind of services they offer, building features, and prices on popular products such as exhaust, body fairings, protective gear and tires.

16 motorcycle business ideas

It is possible that your area has plenty of existing Harley Davidson parts businesses, for instance, but not enough pocket-rocket or mini pocket-rocket parts businesses. Ask the mechanic which items are salable. Motorcycle parts are normally specific to a brand, make or model so it may be in your best interest to carry universal products like tires, stickers, clothing, and protective gear in store while ordering specific parts after a customer requests them.

motorcycle business plan pdf

Register your business name as a corporation, LLC, partnership or sole proprietorship with your state government. But do not be discourage.

Motorcycle parts business for sale

Research the competition and see where there could be a small business advantage or untapped sales niche. Use the product prices from the most affordable motorcycle parts stores as a reference when choosing a parts distributor and while marking up the wholesale product price to create a profit margin. While there, inquire whether motorcycle-parts businesses must get any special permits for handling motor oil or other hazardous substances. Visit successful motorcycle part stores in the area to get an idea of how much inventory they carry, what kind of services they offer, building features, and prices on popular products such as exhaust, body fairings, protective gear and tires. Motorcycle parts are also known to be specific to a brand. Offer basic motorcycle instruction, motorcycle safety classes or teaching a hands-on custom building workshop. You can try choosing a store in a mall if the rent is reasonable. Stock items such as bodywork, electrical parts, engine parts, frames and gas tanks. There are many two-wheeled vehicles who are enthusiasts and happy with what they have. They will want to see a solid business plan, projected earnings, inventory costs, your knowledge of motorcycles, previous financial records, and an impassioned presentation on why you will succeed as a motorcycle parts retailer. Register your business name as a corporation, LLC, partnership or sole proprietorship with your state government.

You may opt for providing generally needed items like tires, helmets, clothing and stickers. Start Marketing the Business Begin your marketing plan.

feasibility study of motorcycle parts
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Opening a motor parts and accessories business