November 18, 2018  
 
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How to Start a Shipyards Business

Here's some helpful information that is perfect for entrepreneurial folks who are thinking about starting a shipyard. Make sure you consider this advice before you begin your venture.

Thinking about opening a shipyard? We tell you what you need to know to get started.
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How to Write a Simple Shipyard Business Plan

Haven't created a business plan for your shipyard yet? You could be in big trouble.

At Gaebler, we advise new business owners to keep your business plan simple. Length and polish aren't as important as consistency, accuracy and thoroughness.

If your time is limiting, outline the essentials of your shipyard's business plan now and make a commitment to come back to it later.

Investigate the Competition

Well in advance of opening a shipyard in your area, it's a good idea to see how strong the competition is. Try our link below to find competitors in your area. After clicking on the link, type in your city, state and zip code to get a list of shipyards near you.

If there's too much competition, it may be wise to consider starting the business in a less competitive marketplace.

Finding a Non-Competitive Business Mentor

If you are seriously contemplating launching a shipyard, it's a smart move to learn as much as you can from somebody who is already in the business. It's very unlikely that the local competition will talk to you. The last thing they want to do is help you to be a better competitor.

On the other hand, an individual who has a shipyard in a different city may be more than happy to give you a few tips, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.

What's the process for finding an entrepreneur who is running a shipyard on the other side of the country to talk to?

Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.

Advantages of Buying an Established Shipyard

It's no secret that entrepreneurs have a strong impulse to build companies from the ground up.

Yet a healthier and safer strategy may be to purchase an existing shipyard.

Existing shipyards are proven operations with dependable revenue streams. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.

Explore Franchising Options

The odds of becoming a successful entrepreneur are higher when you join the ranks of franchisees in lieu of doing everything yourself.

If your goal is to start a shipyard, you would be wise to assess whether buying a franchise could increase your chances of success.

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.

Related Articles on Starting a Company

These additional resources regarding getting started as an entrepreneur may be of interest to you.

How to Get a DUNS Number

Questions to Ask Before Starting a Business

How to Find Angel Investors


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Already Own a Shipyard?

If you already are in business and came here to learn about growing an existing shipyard, these resources will come in handy:

Marketing a Shipyard

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