How does this method work?
When choosing a tradesman job, don't just look at which shop is crowded on the street. The customer structure of the region, rent, competition, supply and daily labor needs of the business determine the result. The same idea may work differently in two neighborhoods. Before opening a shop, observe the real customer flow on different days and hours; Don't confuse observation with prediction.
Evaluation with a concrete example
Cost for a repair or maintenance service; It includes parts, labor, rent and the possibility of reintervention. Hypothetically, a service contributing 300 TRY per transaction would require 100 transactions to cover a monthly fixed expense of 30,000 TRY. This calculation has been made by simplifying tax and other effects. You should also investigate whether your region will generate this demand.
Your first application: what should you have?
Compare three business ideas in terms of specialization, customer frequency, fixed expense and space requirements. If appropriate, try a small service that meets legal conditions before renting a shop. Learn the necessary license and professional qualifications from the relevant institution. The output is a calculation of neighborhood grade and breakeven number of transactions based on actual observation.
