Business Financing
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How To Choose The Best Business Financing Strategy

How To Choose The Best Business Financing Strategy | Business Financing | Scoop.it
Here is a list of things to consider when you choose the best business financing method for your business.
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Growing Trends for Automotive Shops and Technicians

Growing Trends for Automotive Shops and Technicians | Business Financing | Scoop.it
Automotive shops are changing all the time and if your repair shop is going to keep up and stay profitable, you are going to have to change as well.
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5 Steps to Running an Effective Auto Repair Shop -

5 Steps to Running an Effective Auto Repair Shop - | Business Financing | Scoop.it
Running an effective auto repair shop is something that can benefit your customers, your employees and yourself all at the same time.
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Why Lease Equipment?

Equipment leasing is not just known for its tax benefits, but also the ease of being approved. Watch the video to know more!

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Equipment Sale Leaseback - Business Financing Solution!

Equipment Sale Leaseback is when you use your businesses existing equipment, already paid for, as collateral for a loan. You can not use equipment that is cu...
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Bad Credit Loans - Funny explanation of Building Credit

Credit. It's the bane of your existence. You start your life without it, build it, and hopefully don't destroy it before you need to make a major purchase. U...
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Leasing a Car vs Purchase - The Advantages of Leasing

http://www.proctoracura.com | Myron from Proctor Acura speaks about leasing a car vs. buying a car and which may be right for you. If you trade fairly often ...
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How to Market Your New Auto Repair Shop

How to Market Your New Auto Repair Shop | Business Financing | Scoop.it
When developing a marketing plan for your new auto repair shop, you have to remember that the repair industry is different from everything else out there.
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6 Tips on How to Be A Trusted Car Repair Shop

6 Tips on How to Be A Trusted Car Repair Shop | Business Financing | Scoop.it
There are many things that consumers look for in a car repair shop. Here are some of the features consumers are looking for in an auto repair shop.
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Why Get A Small Business Equipment Lease

Why Get A Small Business Equipment Lease | Business Financing | Scoop.it
You may be confronted with the challenge of small business equipment lease at one point or another.
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Brake Repair Shop – What Equipment Do You Need?

Brake Repair Shop – What Equipment Do You Need? | Business Financing | Scoop.it
Lai Castillo's insight:

So you’ve decided to open your own automotive brake repair shop and you think you have a pretty good handle on it? You know what you are doing, have your certification and maybe even already have a good location for your shop. Congratulations! The hard part is over, now all you need is a good set of tools, a brake lathe, a vehicle lift, some specialty brake tools and, if the car is a modern one, you are going to need a scan tool so you can scan and read the ABS codes. It seems like a long list doesn’t it? It is a long list and the equipment you need to stay competitive is going to be expensive, usually around $12-15,000.

 

You could skimp on the equipment and not buy the things you need, but you will be working longer hours and maybe even late into the night delivering pizzas on the side. At least with all of the miles you will be racking up making deliveries, you can do your own brakes when they need it. Or, you could get all of the equipment you need right away and affordably by leasing it.

 

With an equipment lease, you will be able to open your brake shop with the confidence to take on the bigger shops and beat them at their own game. You know the only reason the big shops are so popular is because of the equipment they have which gives them the ability to do more repairs and do them more efficiently than a lesser shop could. That’s what people want, quick and cheap brake jobs. The only way you can do that is with the right equipment.

 

What equipment do I need?

Let’s take a look at some of the equipment you are going to need for your brake repair shop. First, you need basic hand tools. These wrenches, ratchets and sockets don’t come cheap if you get a set that will endure being used all day, every day. The collection you amassed from the local hardware store just isn’t going to cut it anymore. A good tool set from a reputable manufacturer will run you anywhere from $2000 to $5,000 and that may not include storage.

 

Next, you’re going to need a brake lathe. This is the machine used to turn brake rotors and drums making them as good as new. An average brake lathe including a stand and the accessory kit will run you around $5,000 and they can go up from there depending on the machine. So, you have the tools and the brake lathe, you might even have a good back stock of brake parts in your store room. That’s a good start, but what about getting the car up in the air to work on the brake system? You can’t expect to use floor jacks forever as you eventually have to step up to a hoist.

 

This will lift the car off the ground and to a height where you can easily perform your work. Believe me when I say that this one piece of equipment is the single-most important piece of equipment you can have. It will not only save you time, but also wear and tear on your back. A good hoist will cost you around $6,000 and that’s if you install it yourself. You don’t really want to install a hoist that is going to cradle your customers’ cars while they are in the air yourself, do you?

 

The list can get much larger and I guess the point I am trying to make is that you need all of this equipment before you can even open your doors if you plan on becoming successful. And the best way to get this equipment is to lease it. That is what almost every shop around you does and that is what the most successful shops do to stay on top of the game. Qualifying for an equipment lease is easier than ever and even if your credit has a few smudges, you can get a lease for this much needed equipment so you are able to make both you and your business successful. Don’t just sit back and let your competitors get all of the business, get an equipment lease today and start working tomorrow.

 

Source:

http://www.leasefunders.com/brake-repair-shop-what-equipment-do-you-need

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Small Business Success Story: Bread Euphoria Cafe

http://careerfuel.net/?p=8634 According to Thomas Edison, genius is one part inspiration and two parts perspiration. The same could be said of small business...
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Get Auto Loans for Bad Credit with No Money Down

http://www.driversapproved.com can get you approved for a bad credit auto loan online with no money down but the free express application and your interest r...
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3 Tips To Be The Next Small Business Success Story

3 Tips To Be The Next Small Business Success Story | Business Financing | Scoop.it
Here is some tried and true small business financing tips to help you become the next small business success story.
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