Keep the Cash Flowing
Profitability and cash flow aren’t the same thing: You may have a backlog of profitable jobs scheduled, but no money to pay the bills. How do you overcome this? Learn to manage three things: owner’s extras, accounts receivable and accounts payable.
Forget the Decoder Ring: CIECA’s EMS System
Because information providers are no longer considering encryption or licensing agreements to limit access of estimate data as it travels along the Internet from shop to insurer, the goal of CIECA’s EMS standard can finally be achieved: No more re-keying data. No matter what provider you use, the EMS system can format the estimate so when it gets to the insurer, it looks just how they wanted it.
Log On to Learn: Internet/satellite Training
Technology is making training for collision repairers easier, faster and cheaper than ever before.
Profiting From Plastics
There is money to be made repairing plastics.
Off With the Gloves: Learn How to Negotiate!
If your “negotiations” involve yelling, pumping out your chest and clenching your fists, you have a better chance of being cast in Rocky VI than of convincing your opponent to give you what you want. Negotiating is a form of mental sparring, so quit trying to intimidate and use your head instead.
Cool Route for Creating Profits: A/C Repairs
Repairing air conditioning systems as a profit center can be quite rewarding — provided you’re quite knowledgeable when it comes to systems, environmental concerns and government regulations. Otherwise, you may be cooling your heels in an empty shop.
It’s Showtime, Baby
You can ‘bet’ that the 25th annual NACE show will offer plenty of business opportunities, not
to mention a little fun.
Industrializing Your Shop
My article in the November 1999 issue of BodyShop Business discussed the factors involved in the industrialization of our industry. It focused primarily on the evolution of the repair process, the human factors and the breakdown of repair tasks. Going a step further, this article focuses on the "plant" or shop requirements. Keep in mind that plant requirements include products and equipment, since they go hand-in-hand with maximum efficiency.
Acquiring an Estimating System
Whether you’re going to purchase the preferred system of an insurer or the system you prefer, your new estimating system won’t do you a darn bit of good unless you know what you’re getting — and how to use it.
What’s the Deal with Dealer Body Shops
Most dealership owners consider their businesses sales organizations and service a necessary evil. Though this attitude is the greatest saving factor for independents, it’s slowly changing to a cradle-to-grave strategy — pitting independents against a competitor like none before Have you been paying attention to how many dealerships have elected to close their collision repair