Brandon Steven of Wichita – How to be a Successful Car Dealer

Brandon Steven owns and operates car dealerships in the Wichita area. Here are the steps you need to take to be a successful car dealership owner like Steven:

Brandon Steven Wichita
Brandon Steven Wichita

1. Build a savings account. At some point in the process, you’ll have to spend a large chunk of your own money to start a successful car dealership. Many car dealership owners end up spending a million dollars or more on their business.

2. Get a dealer’s license. Every state in the United States requires that all car dealers obtain a dealer’s licenses. In most states, you have to take a course and an exam to get a license.

3. Draw up a formal business plan. If you don’t know how to write up an official business plan, learn. This will allow you to secure loans from outside lenders when you need them, give any employees, investors, or partners confidence in your abilities to run your business, and give you a good sense of where you want to go with your business and how to get there.

4.Choose a good location. Whether you want to use a lot to sell new and used cars or your backyard, you have to find a good place to set up shop and obtain a zoning verification letter to move forward.

5. Get a surety bond and obtain a business license from the Division of Motor Vehicles. A surety bond will cost you $10,000 and works as a guarantee for all fees associated with your business.

Brandon Steven has been successful in the Wichita vehicle market for a decade.

For More Information Visit at :-http://brandonstevenwichita.weebly.com/