1. Low overhead costs: Setting up your own clock repair business requires minimal investment, as most of the tools needed to fix a clock are relatively inexpensive and don’t require a lot of space.
2. Flexible working hours: You can choose when you want to open or close your business, and how many hours you want to work each day. This gives you greater control over the amount of time you spend on the job.
3. Satisfaction: If you’re passionate about clock repair, owning a business could be very rewarding, as fixing clocks can be a labor of love.
1. Specialized knowledge: Extensive knowledge in clock repair is needed to be successful in this business, as customers often rely on you for accurate advice and repairs.
2. Lack of repeat customers: Unlike some businesses that benefit from regular repeat customers, most people only need a clock repair once or twice in their lifetime. This means that you must constantly be looking for new customers.
3. Long hours: Due to the intricate nature of clock repair, it can often take a long time to diagnose and fix an issue, which could lead to longer working hours than expected.