How We’d Start Selling Cars If We Could Start Again | Motor Trade Mentors Ep16

In this episode, the hosts explore the key steps to starting a successful automotive business with a budget of £50,000. They share practical advice, personal stories, and actionable tips for navigating the challenges of the motor trade. Whether you're just starting out or looking to refine your approach, this conversation is packed with valuable insights.

🎯 What’s Covered:

• 🏁 Starting with £50K: How to allocate your budget effectively to maximize success.
• 👨‍🔧 Managing employees and hiring!
• 📍 Choosing the right location and understanding its impact on your business.
• 📈 Marketing strategies: Comparing AutoTrader, eBay Motors, and other platforms.
• 📊 The importance of data analysis in advertising and sales.
• 🤝 Balancing work-life dynamics for long-term sustainability.

💡 Key Takeaways:

• Start small with a low-rent location to minimize overheads.
• Focus on high-impact marketing strategies that suit your budget.
• Employee management is a critical factor in building a reliable team.
• Peer advice and support are invaluable for overcoming industry challenges.
• A solid business plan is essential to grow within your budget constraints.

🛠️ If you're ready to take the leap into the motor trade with a £50K budget, this episode offers the roadmap you need to start smart and grow sustainably.
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Joe Betty: ‪‪   @ShiftingMetal   
David Gott: ‪‪   @cardealerpro  
James Alford: https://www.instagram.com/jamesalfordracing?igsh=MWQxNmY5bnFzankzeQ==
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