Write a Business Plan
Write a wheel alignment business plan and carry out a feasibility study. Use the study to
find customer demography and business location. Purchase equipment, secure funding
and hire appropriate staff.
How to Start an Auto- Spare Parts Business
Funding the Enterprise
Join a credit society or local chambers of commerce. Apply for fixed interest loans from
a community bank or micro finance bank.
You could try saving the money or borrow from friends and family. Other funding
sources are partnership arrangement or an investor
Wheel Alignment Business Location
Vehicles are the primary reason for wheel alignment and balance business. Every
vehicle would eventually need a little tire adjustment. Therefore opening such an
establishment is highly lucrative.
Target areas of heavy vehicular traffic and lease shop space. Any busy road you
choose will be beneficial to your business. Once you have rented the shop purchase
essential equipment.
Best Location for Alignment Business
There are a few locations best suited for wheel balancing and alignment. Top of the list
are petrol stations and mechanic workshops. Others include closeness to busy
intersections, car parks, spare part shops or commercial areas.
Petrol/gas stations
Mechanic workshops
Busy intersections
Close to Car parks
Close to Spare part shops
Commercial areas.
Legal Requirements
Your enterprise is basically a one man business. Incorporate as a sole proprietorship
business.
Choose a good business name and get tax identification number. In some countries
there is zoning formula guiding such enterprise.
Trade License
Employer tax identification number
Comprehensive/health insurance
Incorporate as limited liability or sole proprietorship
Choose a business name
Marketing
The best way to market your service is through a signboard. The business is localized
and restricted to the immediate area.
You can reach out to your customers through flyers, business cards and banners. Use
word of mouth and offer your clients quality service.
Use Flyers
Banners
Billboards
Signboards
Complimentary cards
Word of Mouth
Hire Staff
You could employ a single staff member and have an apprentice. To increase profit sell
items related to your service such as engine oil, rims and spare parts.
Wheel Alignment Equipment
There are basic tools you need to start an alignment business. Buy a semi-automated
lift, tire changers, and sheet metal fabricator. Others include wheel balancers, basic
wheel alignment system, and alignment tool.
Shop Tools
Truck Dollies
Welding Equipment
Water Hose
Engine Hoist
Transmission Services Tools
Tool Box
Transmission Jack
Sheet Metal Brakes
Meter
Safety Apparels
Pressure Washers
Power Tools
Motor oil Flush
Machine Generator
Fuel System Cleaners