Starting a Auto Parts Supplier Business
Auto parts supply are those that sell primarily to garages or repair shops and also resell to consumers and motor vehicle retail dealers. In addition these supply houses may occasionally sell to other supply houses. Such supply houses usually have limited warehouse space and purchase at wholesale prices in small quantities.
Writing a Auto Parts Supplier business plan will force you to objectively develop and evaluate your tactical and strategic plans. It will also help you identify the opportunities and risks encountered as a result of your decisions.
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Opening a Auto Parts Supplier Business
Your business plan needs to cover The market, Market segmentation, Consumer analysis, Competition, Product features and benefits, Competitive analysis, Positioning, Advertising and promotion, Sales, Research and development, Operations, People, Payback and exit plan and professional Financial Projections
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The first half of the business plan is geared towards helping develop, support and finally solid business strategy. You look at the market, the industry, customers and competitors.
During the second half of the business plan the entrepreneurs have to execute their selected business strategy. The Auto Parts Supplier products and services, marketing and business operations should all closely tie in with business strategy.