02/03/2022
Motorcycle Parts & Accessories Business Start up
Are you planning to start a new business? No idea or can't decide what to start? Well, look around you. Either youβre living in the city or in the province you can see a two-wheeled vehicle in the streets. Because of the high fuel prices commuters tend to use 2-wheels as their mode of transportation thus there is a very high demand on motorcycles in the Philippines so engaging in motorcycle parts and accessories business is a good idea.
There are four important things to consider when starting a motorcycle parts and accessories business. These are: Money, Supplier, Location and Mechanic.
Money
How much money do I need to start this kind of business? If you want a good start Php300,000 to Php500,000 is enough. What if your money is below those figures? We are only talking here about the stocks. You may start also with Php100,000 for your stocks only and buy only those items that are fast moving items then you can add your capital later.
Supplier/Wholesaler
This is where we come in. We supply a lower-than-average prices to keep you profitable at the same time competitive with other stores in your area. With our personal background on running the motorshop business, we can suggest the list of fast moving items to kick off your business. Also note the most used motorcycle brand and model in your area (e.g. Honda, Kawasaki, Yamaha or Suzuki).
Location
Your shop and workshop should be located in the main streets in your area, make sure your market can easily find you. Find a place close to a busy road or intersection. Make sure you have spacious workshop for your customers and your mechanics.
Mechanic
One of the main key to success in this kind of business is the mechanic, I could say this is your business partner. If possible get the most knowledgeable mechanic around you. Good mechanic will give you repeat sales.
For more details contact: 09057116943 or send a message to CMP Motorcycle Parts and Accessories
Source: Philippinemotorcyclenews Blogspot