Tips On Starting an Appliance Repair Company
Starting your own appliance repair service is a potentially lucrative and enjoyable venture. It can be operated from home and it can be started for around $10,000 to $50,000. While basic education (and potentially certification, especially at the manufacturer level of expertise) is necessary, and independent contractor savvy aids the startup process, an appliance repair business can be an immediate goal.
Instructions
- 1 Contact appliance repair associations such as the National Appliance Service Association to find local certification courses.
2 Consider specialized continuing education, such as training in commercial food service and restaurant equipment repair. The videos offered at A1service.com are helpful.
3 Advertise in community ads and telephone book listings, such as Yellow Book Ads, to reach local prospective clientele. You can reach both consumers and commercial prospects by purchasing ad space in multiple listing categories.
4 Determine your hourly rates. You'll need to separate the idea of a yearly income from a yearly salary (as a business owner you'll need to pay for the expenses a regular employer would carry) and determine the personal and business cost of appliance repair.
Use a tool such as Salary.com's salary wizard to figure the average cost of running your business by searching the employer reports. Budget out personal and business costs alongside your total billable time using a rates calculator to determine optimal hourly rates.
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