AUTOMOTIVE
“AUTOMOTIVE FRANCHISES CAN USUALLY BE OPERATED FROMA VEHICLE, REDUCING OVERHEAD COSTS, AND WORKING HOURS CAN BE ORGANISED TO FIT AROUND OTHER COMMITMENTS”
F
using a business opportunity with a passion is one of the most positive career moves you can make, which is why many successful automotive
franchisees have an interest in vehicles. Despite this, even seasoned drivers can find the jargon a little mind-boggling… Fear not, although some franchises will ask for experience and an interest before you invest in the sector, in the majority of cases this won’t be essential, as the franchisor will provide comprehensive training. The franchisor will often have an existing list of nationwide clients and contracts, meaning you can start generating business and revenue quickly through professional relationships with garages and dealers – the work is certainly there for the taking as long as you are willing to put in the effort! The franchisor will also provide the proven practices and processes that create a
strong business. As a consequence, you’re already at an advantage over going it alone.
So, with all the necessary training and support taken care of, it doesn’t really matter if you have no previous experience in the industry – or if you don’t know your ABS from your BMW – investing in an automotive franchise is still a possibility. A vibrant sector, the UK’s automotive industry generates hundreds of jobs and opportunities. Automobiles are continuously updated and manufactured, and, after time, need repairing. The longer we hold onto our four (or more) wheels, the more they need fixing, which means the more opportunities there will be to provide your services, whether its bodywork repairs, fixing windscreen chips or even cosmetic alterations. And although it’s often said we’re a nation of pet lovers, we’re also a
nation of petrolheads. With the population wanting to take good pride in their vehicles, it’s no surprise that the automotive industry is booming. According to a 2017 report carried out by the Society of Motor Manufacturers and Traders, car production in Britain is at a 17-year high. Not only that, the research also stated that the number of new cars registered in the UK is at its highest since 2005, driven by the surge in popularity of electric vehicles.
Automotive franchises can usually be operated from a vehicle, reducing overhead costs, and working hours can be organised to fit around other commitments. And, as you take on more customers, there is the potential to expand your fleet. If the thought of getting behind the wheel with a tried-and-tested business model revs your motor, a franchise in this sector is an attractive choice to consider.
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BusinessFranchise.com | July/August 2018
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