[quote name='Cheers!' date='Mar 31 2005, 08:47 AM']It too depends on what skill you have. To open a shop to service cars you have to know the trade. Without a mechanics certificate you are a bit limited to a small audience. Can you weld? What about machine? stuff like that needs to be factored in, unless you are going to hire someone and you sit behind the desk. That probably won't work for a small start business, you are goign to need to get your hands dirty.



For me if I had 150K (i most likely need more) is to provide welding equipment rental in Ottawa or a smaller sized city that does not have this service readily available. I would then expand it to provide the welder service too, services such as underwater welding or aeropsace, wherein I recieve the contract/job and I staff that job from a list of people I know can do it. I take a cut and they take a cut, and I make money as well on renting out the machines.


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150 is the limit you gotta deal with LOL



I was a mechanic for a little over 4 years, just not sure i want to go back to turning a wrech for a living.

 

I've always liked the franchise idea. Everyone knows the name, don't need to advertise, but I don't know the details involved. For years there wasn't even a starbucks here in town, seemed like a no-brainer.

 

Hard to say. Banzai's body shop idea is a pretty good one IF YOU CAN DEAL WITH the people you wind up getting in there. I've been on that side of it, it's not always fun. "What do you mean it's going to cost me $500 to fix what my ******* son did to my 1993 car last night?!?!?"



I'd look into powder coating and anodizing alumnium if I were to go that route.



I suppose I could open a computer training center if I could find the marketing for it.



I'm a geek, a hobby shop would be cool. Dunno how they make money though.

 

To hell with turning wrenches. PROVIDE a place for people to turn wrenches.

 

[quote name='Baldy' date='Mar 31 2005, 08:54 AM']I've always liked the franchise idea. Everyone knows the name, don't need to advertise, but I don't know the details involved. For years there wasn't even a starbucks here in town, seemed like a no-brainer.


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You can't franchise starbucks unless you already own a large traffic retail outlet ALL anchor stores are fully owned by starbucks and don't worry they'll be adding 5,000 stores a year for the next 20

 

go with my idea!! You can buy a Truck with some wiring on it like cable tv trucks, a fleet of them, plus train some people you trust arent idiots, have a centralized office to base out of, and advertise with the rest. can be done, and i dont know of anyone else providing that service

 

[quote name='banzaitoyota' date='Mar 31 2005, 08:54 AM']To hell with turning wrenches. PROVIDE a place for people to turn wrenches.


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Yea its not a bad idea, wuts the liability in something like that?

 

Sell 20b subframes that don't produce bumpsteer



Mark

 

I hear there's good money in HVAC.

 

Those fix-it-yourself shops come and go pretty fast around here. Clientele is mostly those that are too cheap / broke to hire someone to fix it for them. You would like to get in the crowd that lives in a condo and drive a nice car, but I don't think you would get that crowd at all around here. Maybe in your area though.





I would suggest if the population is growing rapidly in your area you look into buying one house at a time, spending your time and a bit of money fixing it up and flipping it for a profit. Don't hold anything for longer than a couple months. If the house market is hot you should be able to make a bit of money without getting tied up long term in anything.



Turn what you've learned in your own recent experience with your house into something that makes you money. Make sure you don't own any of these houses during the hurricane season.