Expanding your business requires you to take a very good tough look at your business (checking below the hood). You'll need to ask yourself. What am I producing revenue at in my business and what isn't making loads of money? It requires coordination with all elements of your business. It needs a appear at your schedule and where inefficiencies lay, if any. Just expanding is easy. Everyone can go out and get a new truck. Should you be expanding for ego sake, that is OK as long as you understand that it is your main objective. If your ego is the fact that important to you go out and purchase a sports car for your self, but realize why you're performing it. When you are looking to satisfy your ego, excellent. Just don't fool oneself.

When you invest in an additional auto detailing rig or car wash truck, recall you are going to:

Need to pay to train a brand new manager

Need to employ a crewmember

Have extra incidental costs including: water, gas, supplies, insurance, etc.

Double your labor fees

Have further insurance and truck payments

Must invest extra time in sales the next two months

If we appear at this cautiously, you see the trap. Let us say you have signed up some fleet accounts that will spend a good chunk of change every month, but you understand you might must bill them and it truly is pretty probably that they're going to in truth take up to 30 days to pay the invoice; meaning you will must do the work for 30 days after which wait an more 30 days to obtain paid. It would be a various scenario for those who had thirty percent far more individual cars to wash at workplace buildings and you had been obtaining four to eight calls a day which you didn't have time to service, because that is certainly instant cash money and good cash flow. Then you would unquestionably want an additional mobile detailing rig or car wash truck.

What about other things, for example seasonal adjustments? You see, daylight savings time could end and in case you assume you had complications having to the 4 to eight extra calls a day, just think about losing one hour per day of daylight on top of that. Should you started to think about expansion on September first then the fleet account's cash flow would catch up by let's say November 10th along with the personal car's revenue would cover you till then. November 10th is before rainy season in most sunny states, but what in the event you reside in Washington, Oregon, Northern CA where the rainy season begins on or around October fifteenth?

You need to ask for aid with issues that you are unsure of or step back and be sincere together with your motivation for expansion plus the reality of the smaller business. You have to duplicate your second mobile auto detailing rig or car wash truck to specifically match your first. This way your manager of your second unit understands exactly where all the things is. If not let him or her to run your 1st unit and you take the new unit to run. Our advise on this topic may not be what you expect to hear or even what you would like to hear, but you need to audit the correct position you happen to be in just before you expand your business.

Our assistance is based upon twenty years of encounter in our sector. An sector, which I myself helped create and is still redefining on a daily basis. Consider prior to you expand.