Wednesday, 28 October 2015

Professional Business Vs Non Professional

What kind of business will you operate?


When you want to be successful in life, you got to study people who are at their best in their profession.  
 
Casual Vs Professional
 
Too often you see people setup a business from the back of a car and expect results.
As with any business you need to start somewhere, but first;
  • You should ask yourself what type of business you want and then study those businesses.
  • You have to study their methods and then plan how you are going to work like them. 
The Casual Business;
A business that may only run on a part-time basis. A small operation, with few tools and some basic parts that can offer a limited service to only a few customers. For those who wish to work to a budget and don't want to make a living from or for those who want to do their bit for the environment and work from a bike & trailer.
A business start-up from the back of a car may be tempting, but immediately it presents an unprofessional approach to potential customers. However, with a competent business plan and network support, you can start a professional full time business from a large mobile workshop.

The Professional Business;
A full time branded business, would operate from a fully equipped mobile service unit, working at least 5 1/2 days a week. The Professional Business offers a comprehensive, reliable service, repairs to a wide range of customers at their home or place of work and offering support to large national events as well as to local charity events. The Professional is able to charge a competitive job rate and is known by offering a quality service.

Mobile Bicycle Workshop Operation in 2009
 
This was my second van back in Jan 2009, just 6 months after starting my new business. I soon found out I needed a larger one. This mobile unit can operate at customers home, place of work, bike clinics and events.
The mobile bicycle workshop, has a complete tool kit to undertake 99% of jobs onsite, display area at the rear, work is carried outside, with two folding work-stands and bench. A awning to protect from rain and strong sun.
I have learnt a lot in the last 8 years and how to continue to grow my business. You can start today, by putting a business plan together........... 
 
Business Plan

There are amazing benefits from incorporating a plan into your business. Whether you're starting a new business or a professional mechanic looking to improve their business.
To start a business and make it grow, here are some points to think about that you should add in your business plan. Start by researching the following:
  • Your basic business concept; The industry, your business structure, your particular product or service, and how you plan to make your business a success?
  • Your strategy; The specific actions you plan to take to implement it. What goals do you have for your business? When and how will you reach your goals? Where do you want your business to be in 1, 3 & 5 year's time?
  • Capital; Investigate how you intend to raise the money to start your business, the amount you will need to start your business & the amount you will need each month to run your business and to cover your private living expenses?
  • Location; Establish your working location, the size of your work area, your mode of transport, likely demand for a mobile business in your area?
  • Size of your mobile workshop; Large enough to carry your tools, stock and any bikes for further repair, will you work inside the van or not?
  • Time; The organisation of your day to day operation, booking in jobs, ordering parts/stock control/invoice payment, keeping customers up-to date, jobs in progress?
  • Parts; Which spares supplier, what price/discounts will you benefit from, stockholding required, how will you manage stock control?
  • Tools & Training; Which tools will you need, what training, where will you find technical support?
  • Storage; How will you store your tools, stock, display area and security?
  • Customers; How will customers find you, how will you be known, type of customers, their needs & types of bikes you will work on, why customers will want to purchase your products and services and not those of your competitors? Marketing plan; How will you attract and retain enough customers to make a profit? What methods will you use to capture your audience? What sets your business apart from the competition?
  • Strengths and Weaknesses; Can you make quick decisions, what skills do you already have and how can you differentiate your business?
  • Branding; Can secure long term trust, how will you secure this?
  • Pricing; What charges will you apply per hour/job. Will you need to offer any discount? Consider your competitiveness vs the competition (shops etc.,)
  • Start date; Once you have establish a competent business plan and you have your finances in place when do you wish to start your business?
These questions and more can be answered in a meeting or Skype chat.
 
If you want the freedom of being your own boss but with the support of a national network, working in one of the fastest growing leisure sectors please do get in touch with Martin Wilkins at martin@cycle-tech.co.uk for an information brochure.