Financial

  • When the economic cycle changes to a downward trend, we must re-examine the business as to how to increase productivity so we can still create a bottom line.
    Bob Greenwood
  • Here you will learn how to achieve your automotive service repair goals by consistently managing these specific financial tools.
    W. Scott Wheeler
  • In my 40 years plus in the automotive business, the one thing that still tears me apart is the slow death of an automotive repair shop. Raising prices to stabilize margins to enable you to operate successfully in whatever type of business model you have chosen can be life or death. 
    chris chubby frederick, ati
  • How is your focus in your business? Does your team understand the real rules of engagement? Have you set the rules so the business will be the best it can be and get noticed in the marketplace? Consider having your team meet the “new” you for 2016. Here are the rules of engagement:
    Bob Greenwood
  • Let’s look at one reality as to what you are really paying a technician. I believe you are, on average, paying substantially more per hour than you think. Go through this exercise in your own operation.
    Bob Greenwood
  • The following are attributes of a shop owner I have seen over my 40 years in this industry that characterize a business owner who is in trouble.
    Bob Greenwood
  • The shops that are thriving in the years 2015 to 2020 will be the ones whose owners are able to sift through sometimes overwhelming volumes of information, identify possible damaging threats to the business they find in that information, and devise strategies that turn those threats into true opportunities for growth and profitability to the business.
    Bob Greenwood
  • The next step, which today many progressive shops don’t talk too much about, is the understanding of having a personal business coach and mentor working behind the scenes with them on their business.   
    Bob Greenwood
  • Doing business and accepting online payments can help grow your customer base and sales, get paid for services, stay in touch with valued clients, and ensure security for both your business and your customers. 
    Katie Ochieano
  • We need to address reality, which means openly addressing change that must include a total review of how we do things to ultimately service the consumer at an absolute professional level that is required to capture their business and trust.
    Bob Greenwood
  • Bring in the maximum net income possible from the current business coming in your door while also learning the processes to achieve the desired results to capture untapped income. 
    Bob Greenwood
  • There is so much change and discipline required to be in business today, and some shop owners and manager may want to put their head in the sand. But if you give up trying to be the best version of yourself, your actions will haunt you.
    Bob Greenwood
  • Review each of these items within your own operation to ensure your business is heading in the right direction to retain all your customer/clients business.
    Bob Greenwood
  • Aftermarket professionals working toward additional certifications through professional organizations can get one step closer to their goals by attending the free one-day Commitment to Training event at Washtenaw Community College in May. 
    Automechanika Chicago, AMC, Commitment to Training, automotive training, trainin
  • It is this time of the year when you can become very effective at managing the company. February is an absolutely great month to really focus and get down to reviewing the details of the business. 
    Bob Greenwood
  • I think most of us who have ever owned or managed a business like to think of ourselves as being prepared to handle those surprises that the day might throw at us. The real question is, are we really ready? Is our staff ready? Do we have the training and skills to respond properly? 
    chris chubby frederick, ati
  • While it’s tempting to slash your marketing budget, not only should you avoid cutting it during down times, you should actually increase it, and here’s why.
  • What type of leader are you? I try to ask myself this question on a daily basis. Usually we get caught up in the situation and react according to our feelings.
    chris chubby frederick, ati
  • The future of your business hinges upon your successful attainment of millennial clients. Often ignored and discounted due to their unwillingness to get a license, a car, or even a job, they are now coming out in force.
    chris chubby frederick, ati
  • Doing business and accepting online payments can help grow your customer base and sales, get paid for services, stay in touch with valued clients, and ensure security for both your business and your customers.
    PayPal