You searched for diminished value - Page 16 of 16 - BodyShop Business
Billing in Dollar$ Makes More Cents

No longer will you have to use (and justify) the labor hour “two-fer” ratio. Labor hours become irrelevant – and so does the insurance industry’s so-called “prevailing competitive price.”

Lobbying for Your Livelihood

In one of his fables, Aesop tells the story of a farmer who was able to unite his quarrelsome family despite their individual differences. After trying in vain to reconcile his family by talking to them, he thought an example might work. So he called his sons together and asked them to gather a stack

The Jury’s Still Out: the Debate about Aftermarket Crash Parts

Two years after the landmark $1.2 billion State Farm class-action verdict, the debate about aftermarket crash parts still rages. What does the future hold for these OE counterparts? If you thought the controversy ended when the verdict came down, think again.

Take Time to Teach

“I’ve been in this industry for 27 years, but the joy is going away every day I have to justify why I’m charging for this, why I’m replacing that, etc. Usually I’m explaining all this to some college kid who’s working at an insurance company. Everyone needs educated. How can we educate our customers about their rights, our techs regarding quality and safety, and insurance reps, who usually don’t understand the repair process?” – Rick LaFountain, owner, The Finishing Touch Auto Body and Refinishing Center, Otsego, Mich.

Dealing with State Farm

“Every shop in this country deals with State Farm, and they all understand that SF can, if it wants, put them out of business. In many markets, it will be a ‘take it or leave it’ situation,” says a shop owner about SF’s revised contract for its direct-repair shops. “I depend on SF insureds and claimants about 50 percent of the time. I, like every other shop owner, have some hard choices to make.”

Surviving in the Next Century: Your Role as an Independent Shop Owner

If you choose to buy into the media’s millennium hype, then nothing you do can save your business from impending doom. (Sorry!) If, however, you think the 21st century will bring with it a fast-paced business world, prepare yourself. Times are changing and so must your role as an independent shop owner.

Cheaters Never Win

Back-alley shops and unethical owners have dragged our names through the mud long enough. Here’s what to do if your boss is bad.

S-TRSW Comes of Age

Modern body shop repair techniques have come a long way from straightening a frame with floor pots and pullers and banging away on dented fenders. These days, it’s a matter
of pulling substructures to exacting measurements with the use of high-tech frame machines and of attaching new body parts to
the straightened substructure.