Antitrust in Insurer- Repairer Business Relations
‘Antitrust’ is spoken of frequently in the collision repair industry but is still often
misunderstood. Here’s a clear definition of what it is and how it relates to insurer- repairer business relations.
The Incredibly Shrinking Industry
Until three years ago, the prospect of some Wall Street investor teaming up with a body shop owner was incomprehensible. Today, it’s reality. Welcome to the brave, new — consolidating — world of collision repair.
Bought Out
“If I knew then what I know now …”. Only after promising them anonymity would several former shop owners speak openly about why they sold to consolidators, where it’s gotten them and if they regret it.
Balanced Budget
As more white collars enter the industry, shop owners need to become better business people by learning how to better manage their money.
The Right Manager for the Job
When opening another location, it’s crucial to find a manager whose talents complement your business — and whose business sense can help take your business to the next level.
Streamlining the Industry
Collision repair has been a fragmented and inefficient industry for years — but consolidators are hoping to change all that.
Consolidators Aren’t The Enemy
With consolidation comes change and a chance to learn new ways to improve your business — or sell your business, if that’s what you’re looking to do.
Under Construction: Remodeling for Optimization
Three shop owners remodeled to optimize their operations. Was it worth the cost and aggravation? Absolutely
Need Money? Renovations
When running a successful business, a shop owner will – at some point – utter the word “renovations”. In his next breath, he’ll shake his head and utter the words “need money”.
The CPA Search
One of the greatest challenges you face in running your body shop is sustaining a workable system of financial management.