Thanks Guys for very relevant questions..and advice..
The reason I wanted to quit my job and do my business is.. I have been doing job for 15 years.. basically I have been working for someone else.. making money for someone else from last 15 years.. so why not work for myself..at least I know putting more hours goona make me more money.. not to anyone else.. and I will have my own schedule..
I have zeroed on Gas Station, Auto repair/parts franchise like NAPA, PepBoys etc, or buy running local service shop (no franchise). Franchise is the my least preference..
I did looked at lot of other business too.. and noticed % of profit is more in auto service. and it should be as it is a specialized skilled business. Also in car service working hours are decent, weekends are off etc. and it's not pure retail business like gas station..
Also I do spend some time in my neighborhood service centers and I have never seen one without any cars..I mean they are always busy..
running business before...Yes I do have some experience running a gas station.. worked during my school days..
No business is easy it is true and I get that, but one has to start from somewhere..
"Best advice I can give is before you do anything go out of town to a successful shop and spend a week either working or observing.". I liked this idea a lot.. I am not sure if a online business course will help me..but If I get to spend a week or two on a successful running shop that would be give me first hand experience..
but not sure if any one will let me observe or work in their shop just like that.?