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How Do You Become A Honda Dealer?

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How Do You Become A Honda Dealer?

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Starting a dealership is a very risky but advantageous business investment because there is a lot of money in the large-ticket items. Honda has a long history of success. Becoming a Honda dealer, though, can be confusing because there is so much that goes into it. Becoming a Honda Dealer Step 1 Determine how much money you have for the business. Although Honda does not have a franchise fee, it suggests that having a considerable amount of capital is important because a dealership involves so many business expenses. Step 2 Find a location that isn’t already served by a Honda dealer. Honda will deny the application if another Honda dealer is nearby. Find land that has ample space for all your merchandise, and consider the area’s demographics. Although Honda doesn’t have a predetermined distance between dealerships, what can be a safe bet is that there won’t be more than two or three Honda dealerships in a county unless it is a heavily populated county. On the flip side, there might only

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