A New Zealand Automotive Workshop Assignment Example | Topics and Well Written Essays - 4000 words

A New Zealand Automotive Workshop - Assignment Example This paper will discuss the eight core areas and will give examples of the areas in terms of how they operate in reality. Introduction There is a wide variety of approaches to having an automotive shop in New Zealand. There are independently owned shops, franchise owned shops, and franchise shops that are independently owned and shops tied into automotive dealerships. There are also those who perform automotive repair on the side out of a person’s home. There are many options for those looking to enter into the automotive repair industry and looking for an automotive shop in which to get their repairs completed. Some examples of franchise automotive repair shops in New Zealand are Midas and Sears Automotive. While independently owned shops include Bell Automotive and Automotive Solutions. Franchise shops are those that can be found in multiple locations and often in multiple countries. They tend to have the same policies from location to location and operate in the same manner . Independently owned businesses tend to only have one or maybe two locations and are usually unique to the town or city in which they are located. The policies vary greatly from shop to shop and the services and procedures followed by each shop will differ. It is important for the consumer to find out the policies of each shop they are considering prior to selecting a shop to perform their repairs. Examples of policies that automotive workshops will develop that could vary from shop to shop are the time limit that a consumer has to bring their vehicle back if they are not satisfied with the repair work, the procedures for dropping off or picking up a vehicle and the refund policy. Automotive business owners will want to have these policies clear in both writing and practice and consumers should ensure that they are aware of the policies prior to determining who will perform their repairs. There are also specific options available in terms of the type of automotive repair business. A person can choose to open a shop specializing in a specific type of car, such as only working on Volkswagens, or foreign cars. Someone can also choose to only perform specific work such as brakes, repairing body damage or transmissions. There are also those that specialize in aftermarket products such as accessories for four wheel drives, tires or paint. Again, consumers must determine where they would prefer to get their repairs done based on their personal needs and beliefs about auto repair. Whatever a person may choose in terms of operating their automotive business, there are eight core areas that must be considered and well planned prior to taking on the start of an automotive repair shop and continuing on throughout the life of the business. These areas are banking/finance, accounting, insurance, advertisement, out sourcing, supplying, buildings and council regulations. Core Areas Bank and Finance Anyone operating a business of any kind must have a plan for their financing. An automotive workshop requires tools and specialized equipment so having the business finances in order is especially important. Equipment for the automotive repair business can be quite costly, so banking and financing is an important area to have in order. There are many options for financing including credit unions,