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Business Plan of Mobile Mechanic Business : Report

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Added on  2020-01-07

Business Plan of Mobile Mechanic Business : Report

   Added on 2020-01-07

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BUSINESS PLAN (Mobile Mechanic Business)1
Business Plan of Mobile Mechanic Business : Report_1
Outline of business plan Business Idea / conceptThe outline herewith is designed for explaining an idea of starting a mobile mechanicbusiness named as “Complete Business Solution”. The business will offer a range of autorepairing service. For this auto repair business, it will require huge vehicle along withmechanical tools. The mobile repairing service will be provided at very competitive prices.Along with mobile repairing services, the business will also provide washing and paintingservices of auto-mobiles. This new business will provide 24 hours emergency services. Thebusiness idea of mobile mechanic services is designed for saving the time and money ofcustomers and to solve out their problems in the most convenient way.Rationale of business conceptThe rationale behind starting mobile mechanic business is to provide effective auto repairservices to the customers. There is a huge demand of auto repair service within the industry whocan quickly solve the problems (Martins, 2016). Starting of mobile mechanic business, willrequire low start-up capital and it is witnessed as a profitable venture. The business is profitableas it eliminates the cost of renting and maintaining a workshop/garage.Business Location The location of the mobile business will be London, UK. The people of London will beprovided effective auto repair services at the reasonable prices. The auto repair market of UK hasa lot of competition, however, almost all only offer service but new venture will differentiatethemselves by offering stocked auto mobile parts (IBIS World, 2016).Physical outlook 2
Business Plan of Mobile Mechanic Business : Report_2
Product and services The business entity will provide on site through making use of wide range of offers widerange auto repair equipment. The proposed services that are going to be provided by mobilemechanic business are as follows: A/C service Batteries changeEngine repair Oil change Tire repair services Products BatteriesTire, etc.Aim and objectives 3
Business Plan of Mobile Mechanic Business : Report_3
The major aim of this venture is to offer a range of auto repairing service to the people ofLondon, UK. The mission of the new mobile mechanic venture is described in the followingpoints: To resolve the problem faced in respect with automobile repairing in quick and easiermanner To help people of London in achieving affordable auto repair services There are financial objectives of the GYM:To gain 30% of profits by the end of first year of business operations To acquire 300+ customer by the end of first year of business operationsTo increase the customer base by 20% by the end of second year of functioning The following headings represent the future course of work that will be done to completethis business plan: Market AnalysisPrior to start business plan, there will be an in-depth analysis of market, i.e. auto repairindustry of United kingdom.The analysis will include information about the opportunities fornew mobile mechanic service business, along with the possible threats that can be faced by thenew business. This section will represent the information about current demand mobile mechanicservices and its recent trends in the UK. Market Segmentation and target customers This section will show how that market will be segmented or what will be thesegmentation criteria to target the market. The information about target customers will beincluded in this section. On the basis of market information and demand analysis, the newbusiness will decide the customer groups.Competitor analysis Competitive analysis will include the evaluation of market competition. In respect withthe present business idea, the competition level for new mobile mechanic service will beidentified. This section will include the information about the services provided by existingrivals. The information included in this section will help in designing unique offers and deciding4
Business Plan of Mobile Mechanic Business : Report_4

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