Facts You Have To Know Before Beginning A Spare Part Store

The auto parts retail industry enjoys resilience even during times of financial downturn. Hoovers Inc. Reports that the auto parts industry is highly concentrated in that the 50 major companies generate about half of the industry's total revenue.

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Before we open an auto parts store. We should know how to conduct it correctly, here below the step to start usaha toko spare part store.

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Step 1 Pick a location.

As an auto parts retailer, location is important for the viability of your business. Figure out the saturation of auto parts stores in and around your probable area of business. Research the nature of your potential buyers as well as their purchasing power. Your town's zoning commission can provide you with information on the latest mapping of your toko spare part motor shop location and the nearby areas.

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Step 2 Market research and entry strategy.

Identify your competition. If our store is near any of these big-name retailers, we must create a market entry strategy that ensures the viability of our store. Study our competition's niche and marketing policy and then create our own. For example, if we are near an O'Reilly Automotive store, which sells its own brand name and private label products, we should specialize in a label or a service that it does not offer.

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Step 3 Business license and permits.

We must register our business and obtain a general business license. Because you are going to market auto parts, you must file for a sales tax registration as well. If we are going to sell used auto parts, we might need to obtain a separate license, depending on your business location. To find out which government agency processes registration and issues licenses and permits in our area,

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Step 4

Hire cashiers and sales staff. The number we will need depends on the size of our toko onderdile store. Our sales staff must be familiar with, if not experts in, auto parts and the mechanics of auto parts replacement. It helps if they have training in the repair and maintenance of vehicles.

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