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Chrome exhaust pipes add pizzazz to a motorcycle. /Getty Images Start your own motorcycle-parts business selling new and/or used motorcycle parts. Impress customers with your quality, price and service in order to capture your fair share of the motorcycle-parts business in your community. Motorcycle fans tend to fall between the ages of 18 and 25 or 40 and 65, with the older group being twice as large as the younger group. Know what your target market rides and whether customers in this market prefer new or used parts. 1. Assess your potential competition. Document what all your competitors have to offer, their price points and locations. Decide whether your area needs a motorcycle-parts business. If not, choose a better location or identify a niche market that is not already saturated. It is possible that your area has plenty of existing Harley-Davidson-parts businesses, for instance, but not enough pocket-rocket or mini-pocket-rocket parts businesses. 2. Get your financial house in order.
Decide how you will fund your motorcycle-parts start-up. You can use cash on hand, bank financing or venture capital, for instance. Explore the possibility of getting a credit line from key motorcycle-parts wholesalers. Usually, funding will be some combination of these methods. 3. Find reliable motorcycle-parts suppliers for the parts you plan to inventory and the parts you plan to special order for customers. Buy direct from the parts manufacturer for the best competitive advantage. Whether selling new or used motorcycle parts, you need suppliers you can count on for good service. 4. Secure your initial inventory of parts. Decide which parts will be in greatest demand during the normal course of operating your motorcycle-parts business. Stock items such as bodywork, electrical parts, engine parts, frames and gas tanks. Know whom to call when the customer needs something you do not stock. Get what your customer needs quickly at a reasonable price, and you win the sale. Be prepared to shelve or merchandise these items attractively before the grand opening.
5. Obtain a business or occupational license. While there, inquire whether motorcycle-parts businesses must get any special permits for handling motor oil or other hazardous substances. 6. Cover your liabilities with adequate insurance. Consult your insurance representative for a business-liability policy that covers the unique situations encountered by a motorcycle-parts business, which can be rife with risks to both life and property, due to the nature of motorcycles. Ask your agent what coverage you would need should a set of used brakes you sold fail, causing an accident, for example. motorcycle trail rides sunshine coast7. Begin your marketing plan. motorcycle accessories fairbanks akInexpensive options for attracting customers include creating a website or distributing fliers where motorcycle riders commonly meet. red wing boots bend oregon
Offer basic motorcycle instruction, motorcycle-safety classes or teaching a hands-on custom-building workshop. These activities can be conducted for a fee, creating a profit center of its own, or you can offer them free of charge to attract your target market to your parts shop. Things Needed Parts suppliers Parts inventory Business license Tip Warning References Made Man; How to Start a Motorcycle Parts Store; /Getty Images Suggest an Article CorrectionAtlas Honda Limited: New line of motorcycles to roll out by Octobermotorcycle sat nav waterproof Atlas Honda Limited: New line of motorcycles to roll out by Octoberrear tire blowout on motorcycle LAHORE: The first motorcycle of Atlas Honda Limited’s new line is expected to roll out in the beginning of October this year under the company’s expansion project, said the Atlas Honda Limited (AHL) spokesman in a statement on Friday.red wing boots hypebeast
‘’The expansion would lead to the generation of 1,800 direct jobs and a further 5,000 jobs at its associate companies and part manufacturing partners,” he said. SMU launches motorbike training for women AHL recently announced an investment plan worth $100 million for the expansion of its motorcycle operations in Pakistan. “A three-year expansion plan has already been implemented to double the installed capacity of its Sheikhupura factory, from the existing 0.6 million to over 1.2 million units per annum,” added the spokesman.motorcycle dealers near davenport ia Giving further details, the spokesman said that an investment of around $50 million would be made directly by Atlas Honda, while another $30 million and $20 million would be invested by Atlas Honda’s associated companies and the company’s part suppliers to expand their own facilities. AHL’s mother plant is based in Karachi, which spreads over 5 acres.
Atlas Group signed a technical agreement with Honda Japan in 1963 and plant started commercial production subsequently. In 1964, production began with 7 motorcycles per day. Now, the plant production has reached to 525 units a day. The company has an annual capacity of 900,000 units at two plants, located at Sheikhupura and Karachi. Besides manufacturing Honda CD 70, the plant produces various value added auto parts for in-house consumption as well as catering the demand of after sale market. “The larger of the two plants is situated in Sheikhupura city, Punjab. This plant has the country’s largest in-house manufacturing facility,” informed the spokesman. Banned: New restrictions on motorcycle rickshaws Today the company is widely recognised as the impetuous behind the large and growing two-wheeler industry of Pakistan as it brought about technology transfers and laid ground for a huge and technically capable vendor-base to train human resource in the area. Published in The Express Tribune, March 5th, 2016.