Do This Before Starting Your Appliance Repair Business
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- Опубликовано: 2 июн 2024
- Thinking about starting an appliance repair business? Don’t make the mistakes a lot of people make. There are certain steps you should take prior to starting this appliance repair business. You don’t want to waste time and money.
The appliance repair business is a great one and you can make a lot of money doing it. However, you want to do your homework prior to starting so you come out of the shoot strong. Let’s take a look at what steps you should take prior to opening your appliance repair business.
KEY MOMENTS IN THE VIDEO:
00:00 Do This Before Starting Your New Appliance Business
00:29 First Question to Ask Yourself
01:12 The #1 Thing to Do Before Starting Your New Business
01:47 Your Competition
04:35 The Legal Requirements
05:56 Money to Start & Keep!
06:50 Getting Paid
07:24 Marketing Your New Business
09:00 Hiring People
09:28 The Type of Business Plan You Need
10:30 Learn Your Business Numbers
👉 Don’t Forget to Get Your Free Start-Up Guide: bit.ly/BusinessStartUpGuide
SOME RESOURCES TO HELP YOU GET YOU STARTED : (some are affiliate links but no charge to you)
👉 Affordable Online Business Plan Builder: GrowThink - babolearning.com/businessplan
👉 Recommended Online Bookkeeping - Quickbooks (quickbooks.intuit.com) Online or Freshbooks (babolearning.com/freshbooks
👉 Create a Basic Website - Bluehost - babolearning.com/bluehost
👉 Recommended Payroll Company - Gusto - babolearning.com/gusto
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COURSE TO HELP YOU LEARN MORE
👉 Understanding Your Business Numbers - KnowYourBusinessNumbersCourse.com
👉 Start a Local Small Business - StartASmallBusinessCourse.com
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WANT MORE? HERE ARE SOME OTHER VIDEOS TO HELP…
👉 Pricing Your Products Correctly - • How to Price Your Prod...
👉 Pricing Your Services Correctly - • How to Price Correctly...
👉 How to Read a Profit & Loss Statement - • The Basics of a Profit...
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PLAYLISTS of Videos TO CHECK OUT:
👉 Learn How to Read Your Profit & Loss Income Statement: • How to Read a Profit a...
👉 PLAYLIST: Pricing Your Products & Services • How to Calculate Marku...
👉 PLAYLIST: Learning Your Business Numbers Better: • Know Your Business Num...
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More TOOLS TO HELP YOU RUN A BETTER BUSINESS
👉 Gusto Online Payroll - ( babolearning.com/gusto ) a fantastic, easy to use online payroll system. Why spend your time doing payroll yourself?
👉 Housecall Pro: ( babolearning.com/housecallpro ) - Straightforward software for home service pros. Easily manage payments, link to Quickbooks, scheduling, dispatching, and more--all from one, convenient platform. Easy to Learn and saves you time!
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Books I Recommend to All Small Business Owners - 5 Must Reads
👉 Profit First by Mike Michalowicz - amzn.to/3nBsCRC
👉 eMyth Revisited by Michael Gurber - amzn.to/3bMDTeR
👉 Building a Storybrand by Donald Miller - amzn.to/3y5t0fS
👉 The ONE Thing by Gary Keller & Jay Papasan - amzn.to/3yciFi7
👉 The 12 Week Year - Brian Moran & Michael Lennington - amzn.to/3R54Smi
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MORE:
👉 Check Out the Website: babolearning.com
👉 Listen to the Badass Business Owner Podcast
👉 Want to Help Support the Channel? Click the Super Thanks!
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👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better
👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.
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Local Small Business Owners are the Backbone of All of Our Communities!
#startabusiness #KnowYourBusinessNumbers #SmallBusinessOwner
*_Have you thought about starting an appliance business? Don't forget you can learn a lot about different appliances right here on RUclips! There are some great channels out there to help! - Tammy_*
Our company is an appliance reair. we started out doing things cheap. We were starving. We just purchased know your numbers courses. Great information for any business. Our adjusting of pricing is a game changer.
@@KregonsDarkWorld Awe, thanks! Pricing is such a tricky thing. So many folks don't realize how low they actually are. It isn't until you start diving into the numbers that you can see just how off you are. Thanks for sharing! - Tammy
Hi Tammy!
Great video! I enjoyed it.
Awesome! Hope to make more that help too. 🙂 - Tammy
I just got my Hvac certification and I would like to start my appliance repair bussines and this video is very helpful. Thank you.
Congratulations! Good luck with your new business! Don't forget to let as many Realtors know once you are up and running as they are a great referral source! - Tammy
You need a hvac for appliance repair? I mean I do refer & Compressors. I have my epa 2. But if you have hvac. You can make so much more money doing hvac rather then appliance repair
On the Legal Requirements along with insurance you may want to get bonded as well.
Definitely follow all state & local requirements...
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I’ve been wanting to go on my own. I work for the largest appliance repair company there is. We all know who that is. I make decent money. I do side work and sometimes I feel I’m sick of it. When customers call you back for a customer instruct and when they call you back you only charge once. So I can’t charge them again. I’m to nice also. One thing I’m bad at is charging the right price. I’m always giving the best price. And everyone charges more
Hey there. Sometimes business charge more due to high overhead. By being solo you can usually make the same amount of profit, even though you charge less due to less outgo. Find the price that feels good and still makes you a decent profit. You can adjust and change after that. You just don't want to wake up one day and find you made more as an employee. So make sure you pay yourself as the employee and the business is profitable. Good luck! - tammy
By the way, here is an episode I did on the mistakes I see folks making on pricing and believe it or not, I discuss how our emotions can impact them as well - 7 Pricing Mistakes - ruclips.net/video/EbaP_EtcFKc/видео.html