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How to Start an Auto Parts Store

Admin - Posted on: 14/Apr/2016

The auto parts retail industry enjoys resilience even during times of economic downturn. According to a November 2010 article on the website Bloomburg Businessweek, "As Americans buy fewer new cars, they are spending more to maintain existing vehicles." However, Hoovers Inc. reports that the auto parts industry is highly concentrated in that the 50 largest companies generate about half of the industry's total revenue. Before you open an auto parts store, you must conduct thorough research of your market.

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