Key manufacturing is a business with a low input threshold and high-profit margins in the presence of flow. Having invested 150 thousand rubles, you can earn more than 70 thousand rubles a month.
Providing small household services to the population remains a popular area of business. If you are looking for a simple business idea with a minimum investment, the appropriate option may be a workshop for the manufacture of keys. The idea is a working one, tested for years, but not so common to worry about competition. With the right organization, the workshop can become a stable and profitable business.
Local market analysis
Before you open a business, it is essential to familiarize yourself with the conditions in which you will be working. This is what market analysis is all about. With its help, you will gather information about the sphere and your competitors, which will help you in further work.
At the stage of collecting information, study the market for the presence of competitive firms, determine the possible scope of work, assess the location of the workshop, and familiarize yourself with the price level.
Assess the demand and earnings prospects. There is always a demand for the production of keys, so the key worker's workshop will not be left without work. Therefore, opening a workshop, the entrepreneur can count on a stable, albeit relatively small income.
Evaluate the advantages of the business idea. Why choose this sphere? Why should you open a key making workshop?
- Demand for such services is constant and does not depend on the season, holidays, etc;
- The income from such activities, although small, but quite stable;
- Initial investments of 150 thousand rubles can pay off in 3-4 months.
- To conduct such business is simple enough and it is possible to cope alone;
Risks are connected only with subjective factors (low quality of service, wrong choice of a place). It is much easier to manage such risks, and therefore they can be avoided.
Evaluate your capabilities. Usually, key making workshops are opened by those who already have experience as a toolmaker. Despite the simplicity of the business, the quality of execution of orders need to have the skills. Then you will earn more. If you do not have such a qualification, you need to be trained.
The main secret to success is the right location. To do this, you need to choose a crowded place that is far from the competition. The main competitors are other private workshops. To succeed in this business and stand out among the competitors, bet on a good location, fast service and favorable prices.
Registering a key workshop
Any business starts with registration. To do this, you need to choose a specific form of business activity and a system of taxation. For a key maker's workshop, it will be enough to issue an IP with the following OKVED code:
- 28.63 - Production of locks and loops
- 95.29.42. - Repair of metal haberdashery, keys, license plates, street signs.
You can choose to use the simplified tax system or the unified tax system as a tax system to submit a minimum of documentation and pay a minimum of taxes. Experienced entrepreneurs advise to choose UTII to simplify the work with documents. Then you will have almost no accounting department because it is cash payment and UTII. Just note that the conditions for UTII in different regions are different, so you need to consider this option according to your specific conditions.
Also keep in mind that if you plan to use hired labor, you should register extra-budgetary funds of the FIU and the FSS as an employer. In the future, you will have to pay the insurance premiums for your employees.
This is the basic package of documents that you will need. No more licenses and certifications are needed to make keys.
Location of the key making workshop
High pedestrian traffic is the key to success for this business. 90% of customers are looking for "blind" and at the right moment remember where they saw the nearest key making workshop.
Therefore, it is better to look for a workshop space in crowded places. This:
- This is why it is better to look for a workshop space in crowded places.
- The premises near the big markets, public institutions;
- Area in the shopping center.
For a workshop the area of 5-10 sq.m. is enough. The main thing is that the master was comfortable. Key-making machines are quite compact, but before choosing a room, it is necessary to determine the equipment to take into account the recommendations on the area of installation of each apparatus. For machine tools, 220 V power supply is sufficient.
Rental of premises can cost from 3 to 15 thousand rubles per month, depending on the city and the popularity of the place. But if you have capital, you can buy a kiosk, where you can place the workshop. You will need 100-150 thousand rubles. This money will be enough for a 2.5×3 m kiosk.
That's all it is.
Thank you, goodbye.
Continued in Part 2 https://zen.yandex.ru/media/id/5d36caa3e3062c00adbcff28/your-business-a-key-makers-workshop-part-2-5d9342a8aad43600afc74ca6