25 - What's next?

When I look at the course of this venture, I can see a little bit of projected growth. Once the customer finalizes the purchase of the car, we have an opportunity to help them personalize their vehicle. We can supply weather protective floor mats and pin-striping. This will give me an opportunity to increase our revenue stream which will allow for faster expansion.

I relayed my expansion plans to a couple of random people at a bus terminal. They liked the idea of the floor mats, but they were split on the idea of pin-striping. In fact, one individual told me that they thought pin-striping was a little old fashioned. When I asked what they suggest, two of them mentioned that I should look at incorporating window tint, while the third person was interested with a mounting unit for their phone.

I would have to find a location if I were going to go into window tinting, but it’s not a bad idea. I don’t like the idea of meddling with phone kits. There would be too much inventory to carry because of the wide selection of phones on the market.

My current target area is the Orlando market. If I am looking at expanding, I would start with the Tampa area. Since the Orlando market is a service based economy and the Tampa area is a more professional market, I would have to consider altering my level of service. In Orlando, I can offer a shuttle service that would allow my clientele an easier time using our service. In the Tampa market, I could offer a concierge service that will conduct most of the work without your need to be there. This will cater to that demographic a little more effectively. Unfortunately, I did not have the availability to travel all the way to Tampa to talk to random strangers for perspective.