What You Need to Know Before Starting a Rod and Reel Repair Business

Business Overview:

If you love to fish and enjoy repairing your own equipment as well as that of your friends, you should think about starting a rod and reel repair business. Why not turn your hobby into a lucrative business? Fishing will always be a popular pastime, regardless of the state of the economy. And as long as fishermen and fisherwomen get their lines tangled on an underwater stump or try in vain to go after the one that got away, there will always be a need for a good repair shop. You may be surprised to learn that a rod and reel repair business can be run out of your home and in your spare time. The start up cost is low and, if you already have repair tools, you might not need to purchase anything before getting started with this business idea. You will need a marketing plan but this can be as simple as posting flyers at local sporting goods stores and bait shops. Word of mouth will also be a valuable marketing tool since you’re likely to have friends who know of your skills already. Have them spread the word that there’s a new repair shop in town and that the repairs are top notch. In no time at all, you’ll have all the business you can tackle. In fact, you might soon have more business than you dreamed of, and at that point you might want to hire a few people and farm out some of the work to them. As they become well trained it will be time for you to hang the “Gone Fishin” sign on your door and head out for a little fun yourself!

A Day in the Life of a Rod and Reel Repair Business Owner:

Your day will begin with a check of ongoing repairs. You’ll want to work on the repairs and call your customers to let them know your progress or if their equipment is ready to be picked up (or delivered if that is part of your service). If you need additional repair supplies, you might need to make a quick trip to the store to pick some up. You should spend part of your day checking in with local businesses where you might be able to hang your flyers advertising your services. If you have a repair staff working for you, make sure they have the equipment and supplies they need to complete the orders. Finally, you will need to check your finances to make sure your bills have been paid and your invoices have gone out correctly.

About Your Customers:

Your customers will be fishermen and fisherwomen who need rod and reel repairs. You might also find local sporting goods shops as your customers if they choose to take the rods in and have you repair them.

What You Need to Start:

• Repair supplies (pliers, fishing line, etc.)
• Marketing materials
• Relationship with local merchants who can spread the word about your new business
• Computer with finance software

The Good:

• If you already know how to do rod and reel repairs, this will be a simple business to get up and running.
• You can spend your day doing what you love.
• You can work as much or as little as you want.
• You can work out of your home.
• You can charge top dollar for quality repair services.

The Bad:

• If you don’t already know how to do rod and reel repairs, you will need to invest some time to learn this skill.
• It could take a while to really build your business up.

Resources:

• American Sportfishing Association
• Wikipedia on Fishing Rods
• Video on Reel Repair, Part 1
• Video on Reel Repair, Part 2

About The Author

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