Advice needed please, self employed in the cycle industry ?

Hi all,
I am urgently wanting a career change as i work in a very stressfull transport industry job with stupid shifts. I really want to get into the cycle industry but am unsure where to start off & what I could do?
I have thought about completing the Cytech complete course & start off as a mobile maintanance mechanic, as the shops around myself allways have at least a 3-4 week waiting list for services or repaires, maybe offer emergency repairs & servicing collection & delivery service?
From the research i have done I can see there is a lot of competition but there will allways be business in this industry as people will allways ride bikes!
Problems i can think of are;
Winter months where not as many people ride bikes
Purchasing of tools etc,
Somewhere to work out of (all through I can work from parents garage if required)
Initial cost of training (looking at £3000 for whole course fees)
Purchase of van for colection & delivery of bikes, (not a big prob)
Was wandering if Cytech is the best course to do or are there others i havent found for a cheaper price?
Does anyone work in a similar role that could possibly give me any advice or know of any other rols i may be able to do, if it meant working in a cycle shop for a bit then so be it.
Advise would be gratfully apreciated.
cheers all.
I am urgently wanting a career change as i work in a very stressfull transport industry job with stupid shifts. I really want to get into the cycle industry but am unsure where to start off & what I could do?
I have thought about completing the Cytech complete course & start off as a mobile maintanance mechanic, as the shops around myself allways have at least a 3-4 week waiting list for services or repaires, maybe offer emergency repairs & servicing collection & delivery service?
From the research i have done I can see there is a lot of competition but there will allways be business in this industry as people will allways ride bikes!
Problems i can think of are;
Winter months where not as many people ride bikes
Purchasing of tools etc,
Somewhere to work out of (all through I can work from parents garage if required)
Initial cost of training (looking at £3000 for whole course fees)
Purchase of van for colection & delivery of bikes, (not a big prob)
Was wandering if Cytech is the best course to do or are there others i havent found for a cheaper price?
Does anyone work in a similar role that could possibly give me any advice or know of any other rols i may be able to do, if it meant working in a cycle shop for a bit then so be it.
Advise would be gratfully apreciated.
cheers all.
Kona Coilair 2008 (Marzocchi 66's up front)
0
Posts
Cytec is the industry standard.
Parktools :?:SheldonBrown
Youth
A chap I knew set up as a mobile mechanic, in an area where there was NO cycle shop at all. He spent a fortune and quit within a year because he drastically overestimated the amount of trade he would get.
Marketing your business is key. Given you don't have shop premises how are people going to get to know about you? This is where you need to spend in order to get sales.
In my opinion you need to have something like Cytech to give credability to your business. Why would someone choose you over experienced qualified mechanics in the LBS's? If it was me I'd prefer to wait to get my bike seen at an LBS rather than give it to a mechanic in a van who has no qualifications.
Getting stock is generally less of a concern. You'll struggle to get trade accounts with the big cycle suppliers but you can effectively get cheap parts from CRC and charge full RRP to customers and make some cash.
Spend as much time as you can information gathering and putting together some financial forecasts. If it still all adds up - then go for it.
As an alternative why not see if any of the LBS's will give you a job? If they are really busy they may be happy for some help. Getting a bit of experience of working in the cycle industry is worth its weight in gold and will give you a good basis to build your future plans.
Hope that helps! Good luck with whatever you decide!
Set up a little hut in my city centre, few fliers around the place offering really basic stuff, pads, flats, chains, cables etc.
Cardiff (my home town) has gone from a small band of cyclists who just used happned to ride to work to hundred and hundreds of people riding in just to save the planet/suffering public transport/parking fee/ whatever.
The state of some of the bikes you see!! New shiney folders and hybrids with only one set of brakes working, people pulling away huffing and puffing because they're stuck in one gear etc etc. There's half a dozen or so quality LBS's in Cardiff, but I doubt this lot have the first clue where they are, and are probably a bit put off by all the hardcore MTB/Roadies in there.
There's something like it in Bristol, I sat outside the station for an hour once waiting for a train watching it, seemed to be busy.
I could have done it too, but I thought I'd play it safe and spunked all my redundancy money into setting up as a self employed finance broker. I make less money than a burger flipper ATM>
good luck whatever you decide!
cove stiffee
orange 222
VIEW HERE > http://www.cycletech.freeforums.org/
Details on: How much work and money is there, fixing bicycles?????? Open trade accounts, buy tools and more.............................
Links to training ?http://www.cyclefix.net/links.html
Its not easy running any business. There is lots to think about and challenges. Which you need to over come. You will need to do your accounts, pay TAX & NI. No holiday or sick pay. It’s good to keep everything in one place and be organized. Pay your accounts on time and most suppliers give discount for this. You may need to get advice from accountant. Also It’s a good idea to have a cash flow. Most business don’t make any money for the first 3 years, all the profit is put back in. But being mobile there is less overheads to a bike shop. The bicycle trade can be a roller coaster ride.
It will take time for you to become known! You need to be found. Most people now use the internet. And word of mouth is the best way.
I can help you with advice where to find work/customers all year round.
Blog > http://mobilebicyclerepairs.blogspot.com/