Having your own repair store, in this day and time, is a highly commendable feat. You can start your own repair store at any stage in life. It isn’t necessary that you kick start your venture from a brick and mortar store. You can start small. From a garage. Or even a kiosk in a mall or famous marketplace.
Get the hang of repairs, before planning a plant a hefty amount. This is a serious investment. Make sure you want to do this before you go ahead with this plan of yours.
If you’re still reading this, meaning you are seriously interested in running your own repair store. Initially, you’ll be working alone, or with a couple employees to retain your customers.
Whenever you start your own repair store, make sure that you have all the expenses in mind. There is a particular cost for licenses. In some states, you’re expected to pay taxes on state and federal level.
Any repair store owner aspires to establish their business on its own feet. Meaning to make it self-sufficient, as soon as possible.
This is not possible without hard work and smart strategic placement of services and products.
Now, what is it that you need to know when running your own repair store? Well, we’ve created a list of points down for you to stay informed with the best industry practices.
Advantages of a POS System
Are you still performing tasks manually? No need to continue anymore. Get yourself a POS system and witness the magic happen.
A POS (point of sale) system is a software-cum-hardware solution that automates your business operations, which you were previously handling manually. The Point of Sale system aims to facilitate a repair store by removing the tediousness of manually performing these recurring tasks.
Basically, a POS system acts as the central nervous system of your repair store. It lets you centralize the operations from a single place.
Basically, a repair Store management software is what allows you to manage your entire business operations. It offers remote accessibility as well. You will be able to analyze several operations, including employee timings, number of tickets generated, total profit and sales reports and can help you in running marketing campaigns as well.
Moreover, make sure to get a POS system that’s widely used in the repair industry. Don’t try to save a few bucks and opt for off-the-shelf systems. These support solutions offer limited functionality that will not really cover everything you need.
Integrate your repair store with a repair tickets management software so that you can handle your daily tasks effortlessly. All the while you focus on your business growth.
The best part of getting a POS system is that you get to avoid manual work and let the software run operations, track them and organize all their data systematically.
In addition to operations automation, there are more advantages of integrating a POS system with your store.
Inventory Management
The smooth running repair shop warrants that its owner stays on top of everything. If you want this to happen without a POS system, you’re in for a lot of manual work. Meaning, you’d be generating several performance reports, maintaining employee management sheets and tracking and keeping count of your inventory stocks.
That’s a lot of manual work. Integrating your repair store with a repair shop management software eliminates the need for any manual entries. Basically, you can perform all these aforementioned tasks with clicking a few buttons.
In addition to this, you also get precise and accurate results.
Easily stay on top of your inventory needs with a POS system. Ensuring this essential prerequisite is very important for your repair store to function smoothly.
Instead of manually counting your inventory items, the POS software lets you know your most utilized items and the slow selling ones.
This particularly helps in determining the frequency for restocking. You cannot do this without knowing the selling frequency of your inventory items. In addition, you’d calculate their monthly and weekly requirements.
Additionally, no repair store owner wants to turn back a customer because they don’t have the parts to perform that repair.
Integrating a POS system with your store ensures that you can easily manage all your inventory needs.
Following is a list of crucial features to facilitate your inventory upkeep:
- Inventory Item’s Count
- Purchase Orders (PO)
- Goods Received Notes (GRN)
- Low Stock Reports
Employee Management
For repair store owners, managing a higher influx of repair orders can become impossible to handle alone.
To make sure that your store takes on the most customers and repair orders, you’d probably hire a couple employees.
Basically, get yourself a repair ticket management software and let the support software run all the tedious tasks, which you’d otherwise have to perform manually or have a dedicated employee.
By selecting automation over manual work, you’ll be able to easily resolve all the management issues you’ll face. Empower your employees with a POS system that’ll enable them to function efficiently.
For instance, you can conveniently assign dedicated roles to your employees as per their skill proficiency. Then, you can track their monthly activity including reviewing their repair tickets and the ins-and-outs timings.
The software can help you reveal where performance lapses occur and in which areas your employees require help. There are several toggle buttons that allow you to end your manual workings and completely shift to automation techniques. Your POS system can easily manage your employees this way.
For those who are looking to enable automation for employee management, there are many benefits to it. Hope you make the right decision.
Additionally, a POS software allows a repair store owner to view the larger picture of things. By which, we mean that you can conveniently monitor your technicians remotely as well. Now oversee everything and anything they do with a click of a button.
Furthermore, following is a list of major benefits you get by getting a repair ticket management software to manage your store operations:
- Employee Profiling with Roles & Permissions
- Track Complete Activity
- Special Activity Access
- Productivity Reports