Tuesday, October 8, 2013

Hidden Costs to Consider When Starting a Mobile Oil Change Business in 2013

Not long ago, I was talking to an MBA student about the mobile oil change sector, their little groupthink committee chose this for their class project - write a business plan. Now then, writing a business plan for a service sector is much different than actually doing it, but let's talk shall we?
You see when preparing the proforma part of the plan, I was asked specifically; "What are some of the hidden costs that a startup company may not be forecasting for that could come back to present itself as a problem?" For a little background, they chose Washington DC as a target market, probably due to the high per capita money flows - sure taxpayer's money right?