A lot of opportunities are in store for people who are well-versed in repairing home appliances. Nothing can replace traditional firsthand skills you’ll earn from experience, training and seminars. If you’re someone who has a knack in tinkering home appliances and would like to start a business in the Appliance Service Industry, here are some of the things you need to consider:
How to Get Started:
Transportation: A van or truck is usually what you need to transport tools and equipment but if you are still working on a budget, your car’s trunk will do the work for you.
Tools: Buy the tools you don’t have and other basics such as fuses, belts and thermostats that usually cost a few hundred dollars.
Marketing and advertising: Create an online presence by having a website and do online advertising to promote your business. Print out posters, flyers and business cards. Approach the right people to develop a strong network.
Office space: Your office does not have to be your “big, spacious dream office” when you are just starting out. You may start with a home-based office where you can take in customer calls, do meetings and other tasks. A work area at home would also be ideal for minor appliance repairs.
Insurance: Make sure to avail a reliable insurance policy for your car/truck/van. To protect your personal assets, consider establishing your business as a corporation or limited liability company.
Business license: Ensuring your company is properly licensed helps bring protection to yourself, your employees and your customers.
The Advantages vs Disadvantages of an Appliance Repair Business
If you are a home hobbyist, enhancing your skills in appliance repair is a good way to earn income. The household appliance industry has been continuously expanding. This means that there’s always proceeds for people who can repair them.
However, appliance repair also has its disadvantages. It can involve heavy labor and injuries, especially when moving around heavy appliances. Electric shocks and gas leaks are also some of the things you need to watch out for.
There’s always a chance to earn more if you’re willing to take on emergency and rush jobs. Establishing a commercial appliance repair service business will need some form of formal training but rest assured that if managed properly, income will be more stable and secured.