Quick Facts about the Appliance Repair Industry
Over the past few years, the. As of now, the recovering economy will make it pretty hard for the industry to achieve success for the next five years because most consumers will opt to buy new home and garden appliances therefore inhibiting positive growth for appliance repair services. However, there is possibility of growth in the future as the appliances which are now being supplied will require to be repaired in future.
The barriers for entry into the appliance repair industry are without doubt low. The general repair industry is dominated by a huge number of non employing establishments or firms which account for more than 80 percent of the local Phoenix appliance repair service providers in the industry such as Accredited Appliance visit their site at: www.accreditedappliance.net. The level of technology change and capital intensity registered in the industry is absolutely low. Some of the machines which this industry maintains and repairs include lawn mowers, leaf and snow blowers, edgers, refrigerators, clothes dryers and many more. In most cases, they don’t retail the appliances or equipment, just offering routine maintenance service.
In most cases, the technicians carry out their functions manually and among the equipments that are mostly used are screwdrivers, soldering guns and voltmeters. Huge capital investment is required to set up a new appliance repair store or to buy a franchise license, but the amount of capital investment is still much lower than what you would find in comparable sectors. As such, the low capital requirements are not a barrier to the entry into the industry.
Its also important to take note of the fact that more technicians are now preferring obtaining college level education than just start as apprentices after high school. This is a huge deviation from the past b where experience and technical ability was more important than academic and professional achievements. More employers who are hiring entry level technicians are making it mandatory for them to have entry level certifications.
Advancement in technology is also one of the factors that have forced many appliance technicians go back to class. It’s now getting harder for someone who does not have vendor specific certifications and knowledge that is grounded on technical factors to offer great service. Some appliance repair decisions are made based on logic and its only by attending college that technicians can make proper judgments in complex scenarios. (http://www.accreditedappliance.net/phoenix-appliance-repair)
Luckily, other than attending face to face training, appliance repair technicians have a choice in the form of online training. There are many great benefits when it comes to learning online. For instance, the students can choose their most convenient study times, they can continue working while studying towards achieving the necessary technical certifications and save money that would have been spend to commute to college everyday. Moreover, among the facts about the appliance repair industry in chicago is that technicians are going for soft skills training in addition to the technical training. This can be attributed to the fact that most of them are not well equipped with skills such as communication and negotiation skills which are important to achieve success in business.