Tom Hoerner, business solutions leader for BASF, discussed the paint manufacturer’s Advanced Process Solutions, a customizable repair process built on lean principles and aimed at reducing supplements and increasing touch times while reducing cycle times, at BASF’s VisionPlus Conference held March 10-11 in Clearwater, Fla.
The most critical first step in an exit or transition plan is to develop a financial plan and personal vision of what your life will look like post-business.
Jerry was a 63-year-old auto body shop owner who contacted me regarding putting together an exit strategy. Like most shop owners, he had become tired of the day-to-day grind of dealing with the back-and-forth fights with the insurance carriers, yet he still loved the idea of being a part of a business he built from the ground up. Ideally, he would have liked his production manager, Evan, to become his heir apparent, yet he had no idea if Evan was interested in owning the shop or if he was even capable of doing so. His shop was a prime candidate for a consolidator, and he had received an offer from one, yet he cared about his employees and wanted to make sure they were taken care of. Also, he was unsure what he would do with himself if he did not have a place to go. He did not know where to turn.
Today’s collision repairers are challenged with a new set of concerns, one being the need to follow OEM repair procedures.
CARSTAR Jacobus Founder Jerry Jacobus and son Dave share a passion for collision repair and also model railroading.
In a perfect world, every repairer would make the right decisions in every repair, but we don’t live in a perfect world.
We talk so much about how much collision repair is changing, but so is the world of media!
The BASF Paint Award of Excellence went to a select group of high-achieving students who are passionate about the automotive industry and collision repair.
INEOS Automotive and BASF’s Coatings division have signed an agreement on global automotive refinish body and paint development.
BASF’s Coatings’ GLASS Tool offers an analysis approach that enables transparency and supports customers in making informed decisions for sustainable surface solutions.
Answering customer demand for speed and efficiency, RMC1000 reduces cycle time, provides superior sag resistance and offers excellent appearance.
