Wouldn’t it be nice if being an entrepreneur came with a guarantee of success? If there’s anything that we’ve learned from COVID-19, it’s that there are no certainties in life or business. However, even though it may seem like the United States’ economy is going through a hail storm, the automotive industry is still thriving.
If you’re a motorhead with a desire to start a small business, you should consider going into the automotive industry. Continue reading to learn some reasons why starting an automotive business could be the best move you’ve ever made.
1. Diesel mechanics are always in high demand.
Have you ever owned a car that didn’t break down or need some type of maintenance? You’re in luck if you’re a mechanic, but vehicle maintenance is too much for most people to handle on their own. Even if you only know how to change wheels, tires, brakes, and oil, you can open a small service shop. To build a successful business in the automotive industry, you don’t have to do everything‚Äîyou just have to be great at what you do and provide excellent customer service.
You’d be surprised by the doors your certificate from an automotive and diesel technology program can open for you. If you can work on diesel engines, you have an almost recession-proof business. Can you think of a time when you were on the road and didn’t see a diesel truck? Diesel trucks require a lot of preventive maintenance, and diesel mechanics are always in high demand.
2. There’s a huge market for autobody services.
Whether you’re great at detailing vehicles or tuning transmissions, there’s space for you in the automotive industry. There are nearly 250 million vehicles on the road, and the number grows every year. There’s plenty of room for small businesses in this colossal industry.
Autobody technicians are highly sought-after in states like Texas and Nebraska that see a lot of hail. Have you ever seen what a hail storm can do to a car? Golf-ball size hail can make a compact car look like a large golf ball with all the dents they leave behind. If you’re a car enthusiast living in an area that experiences a lot of hail, starting an autobody shop is one of the things to consider this hail season.
3. Car buying has gone virtual.
Even though COVID-19 has made it harder to do business, technology made ways for commerce to continue. Many companies have had to convert to virtual teams due to social distancing regulations, and now, even the car buying process has gone virtual.
If you’ve been worrying about how you could launch a small business during the COVID-19 pandemic and still provide excellent customer service, digital technology is on your side. People can use their laptops or mobile app to tour your dealership and choose a vehicle. Some companies even offer customers the ability to keep the entire buying process from home, and then, they drop the vehicles off to the buyers. With so many resources for businesses with remote employees, there’s no reason to let COVID-19 put a damper on your business plans.
4. The auto industry is lucrative.
What if we told you that the U.S. auto industry is worth over a whopping half trillion dollars? That’s only including sales and manufacturing. That’s a whole lot of digits. The auto industry is one of the most lucrative industries for small businesses, and it provides more long-term security than perhaps any other.
5. The auto industry isn’t going anywhere.
There are a lot of things that go obsolete with time, but you can dismiss any concerns that automobiles will ever go the way of the dinosaur. They will become more advanced and their demand will continue to climb, which bodes well for anyone looking to launch a small business in the auto industry.