From the VP: Financing Growth – Six Crucial Methods
Six crucial methods of financing available in what many are calling an utterly new and different collision industry from which we’ve ever known.
How Do I Use My “Numbers” to Build My Business?
I collect my data for my body shop and record it as specifically as possible, but I have no clue what to do with it so I can build this business. Also, since we’re not a production shop, I haven’t figured out a way to make KPIs make sense for us. Help!
Tips to Improve Sales, Production and Finance
A concerted effort to improve sales and close rates and understand and improve your repair statistics will put more money in the till than a single-minded focus on cycle times or production efficiency.
Paint and Material Allowances Part II
A reader recently wrote in to ask what materials are included in the paint and material allowance on insurance estimates. Consultant Hank Nunn has provided a second answer.
Paint and Material Allowances
What materials are included in the paint and material allowance on insurance estimates?
How Do I Know If a Private Equity Company is Legitimate?
I own multiple shops and have been contacted by two different private equity companies about partnering. How do I know they’re legitimate?
Is Capping Paint and Materials Legal in Connecticut?
Is capping paint and materials legal in Connecticut? We’re unable to find a statute on this issue.
Two-Party Checks
A new customer asked me to sign over the two-party check made out to us and them so they could keep the money. But to me, this is fraud. What’s your take on this?