December 17, 2018  
 
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Opening an Auto Body Shop Equipment & Supplies Wholesale & Manufacturers Business

Launching an auto body shop equipment and supplies wholesale and manufacturers business can get you on the path to a secure financial future but it's important to plan out the business in detail before you start. Here are nuts-and-bolts information to improve your startup process.

Thinking about opening an auto body shop equipment and supplies wholesale and manufacturers business? We tell you what you need to know to get started.

Auto Body Shop Equipment and Supplies

Auto Body Industry Outlook

Before you invest in any startup, you need to know whether the industry has long-term growth potential. The good news for auto body shop wholesalers is that the auto collision and body industry is robust and shows no signs of slowing down.

Presently, there are more than 60,000 auto body service establishments in the U.S. The industry's annual sales revenue totals more than $40 billion and there is plenty of room for emerging wholesalers in the marketplace.

Auto body and collision is a supply-dependant industry. Thousands of independent and dealer shops consume mass quantities of paint, coatings, abrasives, welding materials and other supplies that are necessary to repair structural vehicle damage. In addition to the recurring revenue stream opportunities of supplier relationships, wholesalers and manufacturers have the ability to also sell their customers higher priced items like spray guns, welders and power tools.

E-Commerce & Auto Body Wholesaling

The five states with the densest concentration of auto body shops are (in order) California, Texas, Florida, New York and Pennsylvania. To maximize your wholesale startup's profit potential, you'll need to create a conversion-capable e-commerce website.

An e-commerce strategy, top quality business website and online catalog are standard assets for leading collision shop wholesalers and manufacturers. But you should also know that the success of your startup's e-commerce channel is directly tied to your online marketing efforts. Without adequate SEO, email campaigns and other web marketing initiatives, you may struggle to attract customers to your fledgling brand.

If you're unfamiliar with how to perform e-commerce and online marketing internally, we recommend that you consult with a capable and experience professional web marketing firm.

Creating a Business Plan for an Auto Body Shop Equipment & Supplies Wholesale & Manufacturers Business

One of the worst mistakes you can make as an entrepreneur is to not create business plan for your startup auto body shop equipment and supplies wholesale and manufacturers business.

The key benefit of writing a business plan is that it defines the game plan. The absence of an effective business plan inevitably results in impulsive leadership, choosing short-term opportunities at the expense of long-term benefits.

Start by defining your business mission. The process of writing a mission statement doesn't have to be complicated. From there, it's time to initiate the hard work involved with writing the rest of your auto body shop equipment and supplies wholesale and manufacturers company's business plan.

Investigate the Competition

Prior to opening an auto body shop equipment and supplies wholesale and manufacturers business in your area, it's a smart move to determine how strong the competition is. We've provided the link below to help you get a list of local competitors near you. After clicking on the link, type in your city, state and zip code to get a list of auto body shop equipment and supplies wholesale and manufacturers businesses near you.

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 an auto body shop equipment and supplies wholesale and manufacturers business, be sure to talk to 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.

However, a fellow entrepreneur who has started an auto body shop equipment and supplies wholesale and manufacturers business in a different city may be willing to share their entrepreneurial wisdom with you, as long as they don't view you as a competitive threat. In that case, the business owner may be more than happy to discuss the industry with you. If you are persistent, you can find a business mentor who is willing to help you out.

How do you find an auto body shop equipment and supplies wholesale and manufacturers business founder that lives outside of your area?

No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.

Benefits of Buying an Auto Body Shop Equipment & Supplies Wholesale & Manufacturers Business

As a would-be auto body shop equipment and supplies wholesale and manufacturers business owner, the impulse to build a company from scratch is in your blood. But the harsh reality is that startup auto body shop equipment and supplies wholesale and manufacturers businesses experience a high failure rate compared to entrepreneurs who buy existing auto body shop equipment and supplies wholesale and manufacturers businesses.

The decision of buying vs. starting a business shouldn't be taken lightly. By buying a profitable auto body shop equipment and supplies wholesale and manufacturers business, you'll shorten the amount of time it takes to achieve a return on your investment because you'll have the advantage of a proven operation and an existing customer base.

Franchising May Be a Better Way to Go

Your odds of achieving your top business goals increase if you decide to franchise and benefit from the prior work of others and their lessons learned.

Prior to starting an auto body shop equipment and supplies wholesale and manufacturers business, you would be wise to investigate whether purchasing a franchise might be worth investigating.

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.

More Advice for Startups

These additional resources regarding starting a business may be of interest to you.

What Business Should I Start?

How to Find Angel Investors


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What's your experience with trying to open an auto body shop equipment and supplies wholesale and manufacturers business? The small business owners who read this article after you will appreciate your helpful insights.


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Already Own an Auto Body Shop Equipment & Supplies Wholesale & Manufacturers Business?

If you currently own an auto body shop equipment and supplies wholesale and manufacturers business, try these useful resources:

Marketing an Auto Body Shop Equipment and Supplies Wholesale and Manufacturers Business

Selling an Auto Body Shop Equipment and Supplies Wholesale and Manufacturers Business

Do You Sell to Auto Body Shop Equipment & Supplies Wholesale & Manufacturers Businesses?

If you came here to learn about selling to auto body shop equipment and supplies wholesale and manufacturers businesses, this isn't the right place for you. Try these resources instead:

Selling to Auto Body Shop Equipment and Supplies Wholesale and Manufacturers Businesses

Mailing Lists for Auto Body Shop Equipment and Supplies Wholesale and Manufacturers Businesses

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