Posts Tagged ‘Honda Motor Co’

2 December

Is An Automotive Franchise For You?

Raymond Lawrence asked:

Have you always had a passion for cars? And often thought of having your own business? The time is now to check out the many automotive franchise opportunities available with little start up investment and plenty of rewarding benefits. The number of franchises is increasing as more consumers realize the great earning potential and appeal of becoming a business owner. There are many automotive franchises available catering to various kinds of car maintenance, repair and sales depending on your individual preference and interest.

With franchise opportunities ranging from windshield repair, oil changes, auto parts and even automotive insurance, there is sure to be one that is right for you. While there are several considerations in determining which automotive franchise would be the most suitable, the benefits of purchasing your own franchise are clearly favorable. Just imagine how satisfying it would be to go to work each day knowing that you are your own boss and the business that you operate is your own.

Which Automotive Franchise is the One for You?

There are many factors that might be important as you decide if an automotive franchise is the kind of business that you want to purchase. If you enjoy the busy shop atmosphere and have a special interest in cars and the many aspects of the automotive industry, a franchise in which you can invest and build a solid, long-lasting business that is car-related, may be the one you are looking for.

As well as the general type of franchise, you may also want to know what kind of investment and initial start-up costs are associated with purchasing an auto franchise. Many of the top car franchises available require minimal up front costs. For example, a Novus Glass Windshield Repair franchise has initial investment costs starting at only $14,900. This is very affordable and provides limited risk when you consider the popularity of this kind of franchise and the potential business and profit as it grows over time. If you are more interested in automotive accessories, you could purchase a Millennium Plus franchise in which you become a GPS distributor with an initial investment of just $10,000 and you can even run your business from your own home!

While there are many automotive franchises available at very reasonable investment costs, there are also plenty of other franchises that offer solid and proven earning potential with the added assurance of owning your own business and boasting a brand name service. The initial start-up costs may vary but the decision to become a franchise owner puts you in a very advantageous position from day one. Since todays consumer often seeks businesses with familiar names and a good reputation, a franchise may be a wise investment since the brand name provides an immediate client base. Although there is definitely a great deal of work and determination necessary to build your franchise into a strong and thriving venture, you need not start from scratch as you would with a non-franchise business.

Other Important Considerations

Deciding on the particular auto franchise may be one of your first considerations but learning about various other aspects of having your own business may be just as important. Being a franchise owner has a number of benefits. From taking advantage of the franchise name, to the potential income potential, the benefits are many.

When you purchase an automotive franchise, you automatically access a complete and proven business operating system that covers virtually all aspects of operating that particular franchise. Essentially, the framework is already in place and the franchise will provide extensive instruction and support before, during and after your purchase. After all, it is their name and reputation that comes with your franchise and all legitimate franchisors want to ensure that your business represents their company in a strong and positive way. Their ongoing interest and training keeps you on top of the latest franchise information and up-to-date with any changes or new company initiatives.

Franchise owners pay pre-determined royalties to the franchisors depending on the size and income related to the car franchise. Before purchasing your own, make sure that you discuss all these operating details and get it in writing. Reputable franchisors will have no issues in providing this information and will be very willing to explain the system fully and answer any questions that you may have about any of the business aspects of your auto franchise. There are also some legal considerations as well and these should be reviewed carefully as you decide whether your own automotive franchise is the business for you.

Location is another consideration that may be crucial in determining if a car franchise is feasible as well. Some of the current franchises available may be operated from your own home. So you must decide whether you have adequate space and if it would be possible to run your own business with your home as central base. Some of the bigger franchises require a larger location that would not be appropriate as a home based business. Automotive franchises such as a Meineke Car Care Center or Eagle Transmission involve greater space requirements and significant amounts of equipment that would simply not be suitable for a business at home.

Something to Think About

Is an automotive franchise in your future? The benefits are clear as the strong base and proven potential for success in franchise ownership in the industry gains attention worldwide. Making the decision to purchase your own franchise is indeed a huge responsibility but it may also be the answer to your desire to experience business ownership and the ability to work for yourself.

Ultimately, an automotive franchise has many attractive features and it is definitely a franchise that could generate a significant amount of business since most consumers own or operate vehicles. So, the need is there. An automotive franchise may be a great way to tap into that earning potential. If becoming a business owner in the automotive industry appeals to you, a franchise may be exactly the way to a bright and profitable future!

4 June

Honda — All Car History Volume 13

Luke Scott asked:

Honda is the worlds largest engine maker, producing more than 14 million internal combustion engines every year. Hondas began building motorbikes but the S500 2-door roadster featuring a 492cc engine saw the company move into car production in an innovative way in the 1960s.

The highly acclaimed Civic and Accord saw Honda make rapid international progress. Today, the company makes everything from cars and motorbikes, robots, jets and jet engines, to lawn and garden equipment. Hondas current crop of cars includes the Accord, CR-V, Civic, FR-V, Jazz, Legend and S2000.

HONDA HISTORY

In 1948 Hondas founder, Soichiro Honda, started a new company: Honda Motor Co. They soon came up with the batabata, a motorised bicycle named after the sound the engine made which became a huge hit across Japan. Later, Hondas most popular model, the Dream, could be spotted all over the Japanese islands.

Honda introduced its first car in 1957, the N360. In 1958, the American Honda Company was created. In 1972 Honda entered the American market with the small fuel efficient Civic just as the energy crisis was hitting economies. In 1986 Honda introduced a luxury line of cars and in 2007 Honda announced plans to launch low-priced hybrids.

HONDA FACTS

Type: Public company

Founded: September 24, 1948

Headquarters: Tokyo, Japan

Key People:Soichiro Honda, Founder. Takeo Fukui, CEO

Industry:Automobile & Truck manufacturer & Motorcycle

Products:cars, trucks, motorcycles, scooters, ATVs, electrical generators, robotics, marine equipment, jets and jet engines, and lawn and garden equipment, Acura vehicles.

FEATURED MODELS

HONDA ACCORD- manufactured since 1976, first as a compact hatchback and then evolving into a premium large family estate and saloon car

HONDA CIVIC- a compact car first manufactured in 1972 and now in its eighth generation. The Civic Type-R is a widely respected hot hatch, while the Civic IMA is a hybrid with an electric motor and petrol engine

HONDA CR-V- public demand for a sport-utility vehicle from Honda led to the creation of this compact crossover SUV in 1996

HONDA FR-V- a clever six seat MPV, which features three seats in the front and three in the back

HONDA JAZZ- a five-door hatchback car first produced in 2001. It rivals the Ford Fiesta and Toyota Yaris and is known as the Fit in Japan, China, and America

HONDA S2000- a two-seat roadster created to celebrate Hondas 50th anniversary and launched in April 1999

HONDA LEGEND- a large luxury car which is currently in its fourth generation

DID YOU KNOW?

The Honda Cub motorcycle is the best-selling vehicle in history, with around 50 million sold worldwide

Soichiro Honda was president of the Honda Motor Company until retiring in 1973. He was labeled the Japanese Henry Ford by People magazine in 1980

The first passenger vehicle in the world to have four-wheel steering technology was the Honda Prelude in 1987

In 1964, Honda entered Formula One racing for the first time, recording its first victory the following year. Its current F1 campaign is headed by British racer, Jenson Button and Rubens Barrichello from Brazil

In 1991, Honda posted its 10th consecutive win in the Isle of Man TT.