While we would wait till the end to tell you the moral of the story, this one is so important that we’re going to skip right to it.
If you’re planning to start your very own garage business in the UK, it’s a good idea. As long as you’ve got the skills, passion and capital, then starting your own garage business in the UK is the right path for you.
Why, you ask? Let us give you some statistics.
In 2022, there were approximately 40 million licensed vehicles in the UK, comprising a majority of cars i.e. approx 81%.
This is about a 0.5% increase from 2021 and about a 2.5% increase from 2020. This makes it evident that environmental impact and economic conditions have barely affected vehicle purchases.
Thus, an increase in vehicles on the road naturally means an increased demand for car repair garages across the country, making it the right time to start your business.
However, if you’re still unsure, let us tell you some more benefits of owning a garage business in the UK to help you make a more informed decision.
1. Easy To Manage
Despite the common notion, the truth is that a garage business is now very easy to manage with the help of garage management systems.
These systems are specially programmed to manage, record and handle every single aspect of your garage business.
This includes employee schedules, jobs, online bookings, parts sales, invoices, accounting and so much more.
With the help of these systems, you don’t have to worry about having management experience in order to start your own business. All you need to do is programme all your business functions and you’re good to go.
2. Potential Great Income
While the income of a business completely depends on a number of factors like location, quality of service, prices etc, garage businesses possess great potential.
By properly managing your business and adapting the right marketing strategies you can enhance your income in no time.
Let us give you an idea. While we can’t give an exact number, we have found that the average garage business earns approximately £45,000 to £50,000 in the years and may continue to grow over time.
3. You’re Your Own Boss
One of the biggest benefits of owning your own business is that you are your own boss, this means absolute work flexibility.
You can assign jobs to your employees efficiently and only take on the management and sales part of the business.
Moreover, you also have complete control over your work hours and can log in and log out whenever you feel like it. However, this also comes with the added responsibility of covering for an employee who isn’t able to make it to work and all the other management aspects of the job.
4. Barely Affected By Economic Conditions
Garage businesses are not drastically affected by changes in the economy and this is because they can thrive in both good and bad economical environments.
How, you ask? Well, the answer is pretty simple.
When the economy is doing good, garage businesses will see a rise in new and used car owners looking to service and repair their cars at affordable prices.
On the other hand, when the economy is not doing very good car owners will prefer to get repairs instead of buying new cars. Thus, increasing your profits.
5. Unaffected By Online Businesses
Regardless of the digital revolution, car servicing and repair is probably one of the very few businesses that can never be replaced by the online market.
Given the physical nature of the industry, even if you manage to completely automate the booking process online, owners still have to physically come to you with their vehicles.
This provides you with a secure business that will be beneficial for years to come. Moreover, you can also use your garage management system to get more online customers and enhance your customer service.
Now that you know all about the perks of being a garage business owner in the UK, it’s time you start your business and follow through on your dreams.
By using the right garage management system and marketing your business efficiently you will be able to acquire great profits in no time.
However, you need to remember that this is a slow and steady process and that you will have to work very hard in your initial years.
We hope this article helps you make the right decision and wish you all the best for your future. Thank you for reading!