The mechanically inclined will find plenty of opportunity for income with a home-based appliance repair business. No formal training or certification is required, except if working with refrigerants. Both give well-regarded tests in diagnostics for electronics.
What You’ll Require having Started in an Appliance Repair Business
A van or truck to transport Equipment and Tools, but the back of your car and an ample backseat can get you started
Some capital for resources and dollies if you don’t already have them — you can often purchase the Fundamentals, such as fuses, belts and thermostats to get a few hundred bucks
A website, magnetic door signs for Your Car or Truck, business cards, business cards, and print and online advertising to promote your business
A workplace in your home for major repairs, although you can perform minor appliance repairs on site
Insurance onto your vehicle that covers you on support calls
A business license — check with your Community chamber of commerce or state officials to find out whether this is required
Bonding to protect you in the event something goes wrong on a project which the customer can hold you accountable for, or think about setting your business up as a corporation or limited liability company to protect your personal assets
Strong networking skills to develop relationships with customers, appliance sellers and guarantee Businesses
Advantages of an Appliance Repair Business
This really is a welcoming area for determined independents — roughly a third of all appliance repairers are self-explanatory. Household gadgetry and automation are always expanding, ensuring a future revenue stream for folks that are able to repair them. If you are a tinkerer by avocation, fine-tuning your skills could result in a respectable income, particularly if you’re willing to do a little research. Read guides for tips of the trade and also to bring yourself up to speed on all of the latest models.
Disadvantages of an Appliance Repair Business
Appliance Repair may involve some heavy labor and lifting, so injuries are possible, particularly when transporting heavy appliances. You could also be exposed to electrical shocks and gasoline leaks.
Although appliances aren’t going anywhere and they will keep malfunctioning and break down, it is often more cost-effective for customers to replace appliances rather than have them mended. Replacing a refrigerator compressor may cost homeowners nearly half up to a brand new fridge, and something else may go wrong after the compressor is substituted.
This is good for you, but maybe not so good for your customers. The opportunity exists for earning additional cash if you’re eager to venture outside on off-hours calls or choose a project immediately in a crisis. Graduating to commercial kitchen appliances and other people systems will require some formal training, but the gain and steadier work may be worth it and check appliance repair anaheim.