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How to start your own business?
 Moderated by: Pegi, hvacdrd, AccApp Tell a friend about this page... all your other friends are doing it!  

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laboy
Apprentice Appliantologist
 

Joined: Sat Nov 11th, 2006
Location: California USA
Posts: 18
Flavorite Brew: Sapporo
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 Posted: Fri Sep 28th, 2007 06:29

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Hello everyone!

 I work for couple of years for private company, think I have a lot of experience to start my own business. If any one of you ever did it before, please share you experience. I heard most technician start working for insurances companies, such as Maytag Dependability Plus…

All your help appreciated. Thank you! :)

BrntToast
Sublime Master of Appliantology


Joined: Wed Mar 14th, 2007
Location: Winnipeg, Manitoba Canada
Posts: 582
Flavorite Brew: MGD
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 Posted: Fri Sep 28th, 2007 07:08

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you need a fair bit of money or credit to start a new service business

the way to make money is to complete as many calls as possible on the first visit, this means you need a well stocked service vechile

also calculate advertising and insurance, these cost alot

i'm 17 years into working for the man and still dont go out on my own cause i know i dont have enough capital to proffit and support the children my wife is popping out like a pez dispensor

 



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hope i've been helpfull, if you wish to buy Brnt beer kick here

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laboy
Apprentice Appliantologist
 

Joined: Sat Nov 11th, 2006
Location: California USA
Posts: 18
Flavorite Brew: Sapporo
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 Posted: Fri Oct 19th, 2007 05:01

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Well, I have good stock (about $10 spend) also fully insured. Question is how to get authorized by Maytag, Miele, SubZero ….

Poobah
Fellow, Academy of Sublime Masters of Appliantology
 

Joined: Wed Jan 18th, 2006
Location: Toler, Kentucky USA
Posts: 1436
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 Posted: Mon Oct 22nd, 2007 18:13

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To me the most important variable is to know your area, and what brands are represented. There is no need to stock many parts for brands you only see once in a blue moon.  Also know what brands are carried in the local rent to own stores. getting in with these type stores will also bring alot of business, doing their warranty repair.

Deciding whether to be a brick and morter establishment (actual building w/ storefront) and servicer, or just a servicer will be a major factor in start up cost also. Insurance liability, water, electric, gas, etc. (if B/M). 

Try to get hooked up with a good parts supplier so you can have special order parts next day if needed. usually after explaining to a customer that you carry 95% of the basics but you can't have it all, but I can have it for you tommorrow for as little as $10.00 shipping it will make you look as if you went out of your way to help them, and it's good for repeat business.

As Brnttoast said always try to complete your calls the first time out.  It's not always possible but should be over 90% of the time.  2 trips cuts into your profit time and gas.  These are just a few things to think about, but if your can ever get out on your own it's always better than working for the man.....unless the man pays good hourly wage and benefits.



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himeros
Sublime Master of Appliantology
 

Joined: Wed Nov 7th, 2007
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 Posted: Sat Nov 10th, 2007 01:22

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You may have to sell the appliances before you can service them under warranty.  Warranty normally does not pay that much, but is good if you have new product to sell when their old ones are too bad to fix.  If you are approved, you will have to take factory training, and don't forget the CA State repair department, they will want you to comply with certain practices, and money from you.

Himeros

Oceti
Apprentice Appliantologist


Joined: Fri Nov 2nd, 2007
Location: Enterprise, Alabama USA
Posts: 27
Flavorite Brew: Busch
Status:  Offline
 Posted: Tue Dec 18th, 2007 12:46

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Don't start by going crazy on ads. Phone or others. A business Builder ad in the local paper works together with a line add in the yellow pages.  Have your hard-line phone transfer to your cel so you can stay on the road.

A great book to learn pricing can be purchased from Appliance University on the web. The front of the book explains it all. The book is a little pricey but it will pay for itself in a few calls.

My #1 rule, :poison:DON'T STOCK TIMERS!!! :poison:

I've been doing this for about 28 years and I love it.
:cool:
 



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