How To Open An Auto Parts Store For Foreign Cars

Table of contents:

How To Open An Auto Parts Store For Foreign Cars
How To Open An Auto Parts Store For Foreign Cars

Video: How To Open An Auto Parts Store For Foreign Cars

Video: How To Open An Auto Parts Store For Foreign Cars
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The number of people switching to foreign cars is growing every day. Accordingly, the demand for auto parts for foreign cars is increasing, because not a single car is insured against breakdowns. The idea of opening an auto parts store is very relevant. It is a stable and profitable business.

How to open an auto parts store for foreign cars
How to open an auto parts store for foreign cars

It is necessary

  • - prepare documents;
  • - find a room;
  • - to form an assortment.

Instructions

Step 1

If you have made the decision to go into auto parts, the first step is to do some market research and determine what exactly is in greatest demand. After studying the market, identify the strengths and weaknesses of your competitors. After that, draw up a business plan.

Step 2

The next step is the preparation of documents. You will need to register as a legal entity or individual entrepreneur. To cooperate with large companies, you will need to open an LLC (limited liability company); to work with individuals, it will be enough to become an individual entrepreneur.

Step 3

Then you will receive documents from the prefecture of the administrative district permitting this type of activity and sanitary and epidemiological documents from the specialized bodies of Rospotrebnadzor.

Step 4

When the paperwork is settled, it's time to find a suitable storeroom. It can be rented or bought. The area depends on the start-up capital and the range of goods. If you are planning to start a business from a small store, a space of 40 square meters or more will suit you, of which 25 can be set aside for retail space, and 15 for warehouses.

Step 5

After choosing a room, you need to purchase equipment. You will need racks, shelving, display cases, computers and cash registers.

Step 6

Having purchased the equipment, you can start forming the assortment of goods. The profit of the enterprise depends on the correct choice of suppliers, therefore, before purchasing the goods, conduct an analysis of the companies with which you are going to cooperate. Study the assortment, terms of delivery, the availability of bonuses and discounts.

Step 7

You will need employees. The store implies the presence of a director, an accountant, a purchasing manager, sales consultants, a loader. If you have a small store, you can initially combine the duties of a director and a purchasing manager.

Step 8

In addition to a regular store, it is not bad to create an online store. You will need a website where the assortment of goods and prices will be presented.

Step 9

To open an auto parts store for foreign cars, you will need a start-up capital of $ 40,000. The markup, on average, will be from 30 to 100%. The average monthly turnover of a store can be in the range of $ 10,000, profitability - from 30%. You can pay off the business within six months or a year.

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