Business plans for appliance repair need to show that you have a strong market opportunity in your city for fixing people's electronic products—in a saturated market or with a limited base of expertise, this is a tough argument, but otherwise your business plan shouldn't need to be overly complex. You should start by making a list of the products you can repair (refrigerators and microwaves, or furnaces and water heaters?), along with the makes, models, and scope of repair/replacement your business will be able to accommodate for customers. You should also write up a bio on yourself, noting any certifications you have in appliance repair and all experience you can claim in this industry. From there, look to the market itself:
• What is the size of your target market?
• How do you plan to connect with potential customers?
• What is the demographic profile of your target market?
• How many companies are there doing what you do in the same city?
• Which are the largest competitors?
Business plans for appliance repair should identifying the top 2-3 repair guys/businesses that are active in your market, and look into their operations a little to determine things like sales estimates, staff (if any), and consumer compliments or complaints. Are these companies licensed, do they have BBB records established, etc.? You should be able to answer these questions in the plan. Your business plan will also need to show the likely performance of your company for at least a three year period, which is standard for an SBA loan. Show the amount of money you need, what you will do with it, and the sales levels you expect to maintain each year. MasterPlans can help write the business plan for appliance repair for you. Call our expert team today! (877) 453-2011
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