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Forum nameBiz Ideas
Topic subjectRE: Growing Existing Business _ Ideas Please?
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=103&topic_id=2413&mesg_id=2438
2438, RE: Growing Existing Business _ Ideas Please?
Posted by ddesmarais, Mon May-05-08 06:41 PM
Few Questions to Ask?

This could work out?
Some important questions to ask are:

What is the current revenue of the detail shop per year?
How many other detail shops are in this city, who are they, what % of the market share does this current detail shop presently own 5%?
How many people currently are needed to run this detail shop?
Are you going to want to stick with it at least 5 years in this city and/or current location?
Adding on supplies to leather repair increases your revenue stream if you have a good service response.
Increase your pricing with different packages based on time will also be an opportunity. Turnaround time can receive higher $$ depending on how it is marketed.
One final-don't try and be all things, find your niche,leather repair and supplies and fully execute that first.

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