Mobile mechanic business plans illustrate how a mechanic (typically a sole proprietorship) can cover more ground and better service clients by being “on the move†24/7, as opposed to being tied down to an auto body shop and working only on cars that are driven or towed onto the premises. A mobile mechanic generally has a wide range of skills, and can replace or repair engines, radiators, mufflers, and other car components for standard passenger vehicles. Your business plan for a mobile mechanic should list out all of your capabilities and provide either a working average for the cost of your repair, or a set hourly rate that you will charge, along with any markup on replacement parts. The financial model needs to show:
• The way you will allocate funding
• The point at which you can break-even
• The loan terms and repayment schedule
• Your projected profit and loss for at least three years
• The first year you'll be open, in a monthly detail
The plan for a mobile mechanic also needs to investigate the competitive comparables in the area. What other companies are there that offer automotive repair nearby? Are they fixed-location only, or do some have a mobile feature that would place them in direct competition with you? Knowing their sales, strategies, and staff levels is important, as this can help you plan your own business model (and financial projections) and show you how best to market. The plan needs a separate section showing what advertising you will undertake, in addition to a piece on you (background, certificates, etc.) and a personnel plan. MasterPlans can write this business plan in just 10-14 days with some basic information from you. Call our consultants now to get started!
