Heavy vehicles are necessary to transport goods all over the country, to manage construction projects and to haul equipment. For added power, diesel engines are used. Diesel engines use a series of combustion actions to burn fuel and power the combustion chamber unlike gas engines which rely on sparks ignited by spark plugs. To keep the economy going, these diesel engines must be kept running. Start a diesel repair business to maintain engines, hydraulics and electrical systems to keep the economy moving.
Create a plan for business. Research the diesel repair market. Describe the company and the types of repair services you will offer. Describe the expenses you will incur. Explain when and how your business will turn a profit.
Apply for a professional license as a diesel repair technician. Review the professional license requirements for your state at the department of revenue for your state. Contact the local municipality and request a business license application. Complete the necessary application requirements. According to the Occupational Outlook Handbook, 2004-2005, “Technicians need a state commercial driver’s license to test-drive trucks or buses on public roads. Many companies also require applicants to pass a drug test.”
Secure financing. First, apply for bank loans. Ask bank managers and other business colleagues and ask them for referrals to venture capital firms. Submit your business plan to venture capital firms to secure financing that you don’t receive from the bank.
Search for empty property lots for your diesel repair shop. Look for spaces big enough to hold multiple trucks and vans at a time. Contact a real estate agent who specializes in commercial real estate.
Purchase hydraulic equipment, cargo haulers, engine hoists, and other repair and diagnostic tools necessary to repair diesel engines.
Buy insurance from state-licensed insurance companies to protect your business from lawsuits, damages to cars and equipment thefts. Create and post safety guidelines. In the book, Modern Diesel Technology: Diesel Engines, Sean Bennett writes: “An employer who fails to ensure a safe working environment is breaking the law and endangering the profitability of the business."
Interview diesel repair mechanics. Hire candidates straight out of technical training programs like UTI. Network with these schools and let them know that you are interested in employing their top candidates.
Create advertisements geared toward fleet owners and owner/operators. Contact newspapers. Discuss ad rates with sales reps. Create newspaper ads.
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