Thinking about opening a dry docks business? We tell you what you need to know to get started.
(article continues below)
Business Plan Mechanics for Dry Docks Businesses
Haven't created a business plan for your dry docks business yet? You could be in big trouble.
Rather than avoiding your business plan, keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
If your time is limiting, outline the essentials of your dry docks company's business plan now and make a commitment to come back to it later.
Look Over the Competition
Prior to opening a dry docks business within your community, it's a good idea to determine how strong the competition is. Use the link below to get a list of local competitors in your city. Just enter your city, state and zip code to get a list of dry docks businesses in your community.
It's important to be aware of what the competition is doing. Take the time to visit the competition to properly assess their strengths and weaknesses.
A Good Source of Advice
As part of your due diligence on opening a dry docks business, it's essential that you have a conversation with someone who is in the business. If you think owners of nearby dry docks businesses will give you advice, think again. It'd be crazy for them to teach you the business.
On the other hand, an individual who has a dry docks business in a location that is not competitive to you may be willing to share their entrepreneurial wisdom with you, provided that you won't be directly competing with them. In that case, the business owner may be more than happy to discuss the industry with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
How do you go about finding a dry docks business founder on the other side of the country to talk to?
Simply, try our helpful link below, type in a random city/state or zipcode, and start calling.
Advantages of Buying an Established Dry Docks Business
We know . . . From the time you were a kid you dreamed about starting a business from scratch and growing it to a position of market dominance.
Yet a healthier and safer strategy may be to purchase an existing dry docks business.
Most notably, a dry docks business includes more than just assets - a brand identity and customer base come with the keys to the front door. As an added bonus, you'll also gain the ability to headaches and hassles of startup trial-and-error.
Is Franchising the Right Option?
The chances of making a success of your new business greatly improve when you join the ranks of franchisees rather than going it alone.
If your goal is to start a dry docks business, you would be wise to investigate whether there are good franchise opportunities available that might alleviate your startup process.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you sell to dry docks businesses, you're in the wrong place. These resources are more appropriate for you:
If you are still exploring all of your options, please browse our directory of guides below.