BIKEPALACE

Important Aspects for Starting a Bicycle Repair Business

Important Aspects for Starting a Bicycle Repair Business

The bicycle repair business requires a place that requires special expertise in the field of repair.

Mental Preparation when Running a Bike Workshop

Opening a bicycle repair shop can grow rapidly because it is predicted that many people will need it, especially for tire maintenance such as inflating or filling. But before that, pay attention to 2 important points below:

Have a strong intention and determination

Before starting a business, make sure you have a strong intention so that it is not easy to follow the current trend. This is because the bicycle repair business is not a well-known business with many devotees.

Find a compelling reason why you want to open a bicycle repair business. It could be because you have a hobby of cycling, seeing opportunities that there are still a few of these types of businesses, and so on to keep motivating yourself while running it.

Asking for Parents’ Blessing

Some people who want to start a business often forget to ask for their parent’s blessing. This even though can make a person more excited, because he gets full support from his family, especially his father and mother.

If not approved, try to explain and prove that the business you are trying to do is not wrong. Because sometimes parents don’t understand business opportunities like this, so they need real evidence.

Requirements for starting a bicycle workshop business

For men, having their own repair shop can certainly be a source of pride, even though they only receive repairs for bicycle-type vehicles. However, if you are observant, this business can grow big. Well, here are some easy steps to start a business in this field:

Have a Business Plan

Interest in opening a business in this field must also be accompanied by a design or plan to be realized, such as determining the location, knowing the amount of capital when starting, target market, marketing, employees, income targets, and so on.

This must be written down in detail to avoid sudden changes that could result in the workshop business continuing to generate expenses instead of income.

Have the Ability in the Field

If you see this bicycle repair business can be profitable but do not have the ability to repair, then start learning to do it. This in addition to saving employee costs at the beginning, can also be an additional skill.

On the other hand, if you have large enough capital, you can use employees who can repair (you take care of other things, such as finance). Therefore, having an ability can help to develop a more focused business.

Determine Business Location

The location of a business is certainly an important point, especially if you are in the service sector like this. Make sure to choose a strategic place such as on the side of a major road or highway where people can easily see and find it.

If you don’t have a strategic location, you can try to attract people’s interest through promotions, for example providing extra services at flat rates, providing more facilities such as snacks or free wifi while waiting, and so on.

Determine Capital

Capital here can be in the form of money, location, equipment, and employees or technicians. The tools used are wrenches, pliers, screwdrivers, hammers, air pumps, lubricants, and so on. At least prepare fresh funds of approximately Rp. 16,000,000 to buy other necessities.

While the money will of course still be used to buy other necessities such as chairs, lamps, paying rent for the location if renting, and others. Then, employees can also start by empowering themselves or inviting people who are more experienced.

Estimated Capital Required when Running a Bike Workshop Business

Capital here can be in the form of money, location, equipment, and employees or technicians. The tools used are wrenches, pliers, screwdrivers, hammers, air pumps, lubricants, and so on. Choose the best quality so that it is not easily damaged so it is more durable.

While the money will of course still be used to buy other necessities such as chairs, lamps, paying rent for the location if renting, and others. Then, employees can also start by empowering themselves or inviting people who are more experienced.

The following is the estimated capital expenditure for a bicycle repair shop:

Complete Workshop Equipment (keys, pliers, screwdrivers, hammers, etc.): Rp. 3,500,000,-
Additional equipment (oil/lubricant): Rp. 92.000,-
Rent space/year (optional): Rp. 10,000,000,-
Long iron chair: Rp. 1,500,000,-
Chair + cashier desk (optional): Rp. 450.000,-
Snack + glass drink: Rp. 100,000,-
Wifi installation: Rp. 360,000,-
Electricity /month: Rp. 150.000,-
Workshop Name Banner: Rp. 50.000,-
Total Capital Expenditure: Rp. 16,202,000,-

The profit earned varies from month to month. In addition, we try our best to keep capital to a minimum if we don’t have the costs as estimated above, such as reducing expenses for desks and chairs, wifi, and buying cheap equipment.