Open the Best Car Accessories Store in Town with these Simple Steps!

1. Open the Best Car Accessories Store in Town with these Simple Steps!

2. Car accessories like rims, body kits, stereo systems and alarms makes the interior and exterior of your ride let it be car, truck or any other vehicle. These shops are most often visited by car lovers who like customizations to change the look and feel of their car every other month. Due to ever increasing diversity of cars brands and related accessories, this business opportunity serves a great potential to excel. Let’s discuss how you can start a car accessories store from scratch with these simple steps.

3. Create a business plan • Creating a business plan helps to guide you through each stage of the business development phase. You can divide your business plan into the sections stated below. • In the first section list the types of accessories and installation services you have to offer. • In the second section list startup costs, labor, rent, accessories upfront costs and marketing and business insurance costs. • In the third section briefly state the ways in which you are going to market your store. • In the fourth one list all the employee and management job responsibilities.

4. Apply for a business license You need to apply for a license to be able to start your business legally. Contact the local County Clerk business office to obtain all the relevant information regarding licensing and fees. Apply for Employee Identification Number through the Internal Revenue Service. The EIN is used on related business and tax forms. Purchase the business insurance from any reliable insurance provider. Insurance provides a number of benefits like protecting your property and assets from theft, damage, and certain legal cases like lawsuit and settlement.

5. Purchase a retail location Get a commercial retail space through lease from a local real estate agent. Make sure your shop is large enough to make majority of the car accessories visible and is located in a busy market area so that you are able to attract maximum number of customers. Extra space should also be included where you can comfortably install items like rims, light covers, etc.

6. Accessories purchasing Purchase the required inventory from quality manufacturers and vendors. You can also attend local trade shows to familiarize yourself with current trend of accessories and related items. Try to purchase an accounting program that will help you to keep track of your sales and stock. Place the shelves and display racks so that all or maximum of items can be easily seen and reached. Marketing and promotion Once you have set up your car accessories store, now is the time you go on to promote to expand customer base and brand name. Start small by creating fliers and business cards. You can ask auto repair shops, detailing and installation businesses to provide referrals. Go online by creating a website and a page on social media. Showcase the types of car accessories you have and the services you provide. Add other relevant info like contact number, opening and closing hours, payments options, etc. Be sure to add your business profile in the local business directories.

7. I hope this information would be beneficial for you to start your own car accessories store. Contact us if you need any further details or you can also suggest us about your ideas through our contact details below. Contact Us Call us: 224-801-6094 Website: http://actionautoservicesinc.com/ Address: 646-648 E. Northwest Hwy Palatine, IL 60067