List Of Auto Insurance Companies In Toronto

I'm going to take over a 3 years old Auto Mechanic,Auto Collision & Trade company. I seriously need Advices?

Question: Hi all, I really need advice how to run this business well. I in general know abit of everything how to maintain the business, but that's about it. I feel like i need to know alot more to make this a successful business. Here are some of my questions: 1) I need to know all the licenses i need for a Mechanic shop+Body shop+ buy & sell cars. Would anyone please list from top to bottom all the legal things i need (from licenses to insurance ?) 2) I really need to know how tax work for a business like this. A break down of all the business tax, income tax for my business & myself, pay roll,tax return. Because i know that knowing how tax work would save my business alot of money 3) How much is a license mechanic usually cost ?how much should i offer (weekly pay ? hourly pay )? intership and such ? in case i need to change my mechanic( inadequate mechanic or they don't listen...). 4) How should i plan out my garage such as shelving ? inventory ? office ? lock up expensive tools ? 5) How/ Where should i advertise to get more customers ? How should i make sure customers are satisfied and keep coming back and refer more customers ? 6) I'm planning to do the mechanic license so at least i can do extra business after hour or just in case. Should i get into car repair first ?or body work ? or any other advice ? ****Any other advices to make things better ? I want this to be my lifelong business and want to be successful with this and willing to work 24/7 toward it. So please help me out, give me advice, point me to the right directions. Thanks alot and this would literally change my life. NOTE: I live and the business locate in Toronto Ontario Canada.

Answer: 1 you need a competent business attorney to advise you here.Laws may vary locally and by province. #2 you need an accountant. you are right on the money about the tax thing. He should also look at the books for this business and give you a run down on where the business is at financially #3 go around to various shops and ask to speak to the owners and tell them you are just starting out and ask for advice.#4 be sure the shop owns any tools that you absolutely cannot be without. this way if a mechanic quits you are not caught short when they take their tools with them. Organize things so that with a quick glance you can see if anything is missing/not put away. Other wise take Ted Turners advice-Early to bed early to rise work like hell and advertise advertise advertise. Good luck and do not go cheap on insurance coverage. No one ever said I wish I had had less insurance.