Opinion | Commentary

  • With every choice you make, you are affecting every aspect of every relationship you are in, both professionally and personally.
    Mike Jones
  • In his recent blog, Brad Mewes explains how SG&A management can make or break a business.
    Brad Mewes
  • The four simple strategies include understanding the market, removing yourself from the business, increasing your customer diversification and finally, getting your financials in order.
    Brad Mewes
  • As the truism goes, you can't manage what you don't measure.
    Brad Mewes
  • Because of my unique perspective as someone who grew up in the collision industry and also has an MBA with a specialization in finance, I often hear comments and assumptions made that make me cringe. At best, these comments can cause real harm if left unaddressed, and at worst can be used by savvy buyers to mislead a seller.
    Brad Mewes
  • There are many important factors to consider when negotiating a business purchase or sale in addition to price. These are four of the more common ones we see when helping clients manage transactions in the collision repair industry.
    Brad Mewes
  • In an economy that focuses so much on profits, it's amazing how much you get back when you give a little.
    Michael Giarrizzo
  • Canadians own and operate some of the largest most well known companies in the collision repair segment.
    Brad Mewes
  • Brad Mewes discusses how a platform acquisition is  different from a regular acquisition and what a platform acquisition looks like, both physically and financially.
    Brad Mewes
  • In his recent blog, Mewes breaks down the implications of the consolidation trends for ABRA, Boyd, Caliber and Service King, including how these trends can affect your business.
    Brad Mewes
  • At what point are we putting what the customer is entitled to in jeopardy by not following manufacturer recommendations?
    Michael Giarrizzo
  • For my shop staff to be successful, I want our shop running as one team, all with the same goal.
    Ryan Cropper
  • Repairers may be put in a position where they perform “free” work to ensure a vehicle is repaired properly. But it’s critical that you get paid for every operation your shop performs.
    Nace Automechanika Atlanta Logo
  • Hanging out in the middle means that you have no commitment to deliver anything.
    Mike Jones
  • Over the next few weeks we will discuss what I discovered when I read Boyd’s 2015 Income Statement. This week we are going to review the P&L and the balance sheet.
    Brad Mewes
  • Following major companies in the automotive aftermarket segment helps give industry consultant Brad Mewes a better look at market trends and insight into the drivers of profitability.
    Brad Mewes
  • Consolidation in the collision industry continues to march forward at an astounding pace. The largest companies in the industry continue to aggressively grow through acquisitions, or by buying existing collision repair operators. 
    Brad Mewes
  • There is a lot of opportunity for entrepreneurial business owners at present. But looking ahead, we also see some headwinds that can change the market dynamics.
    Brad Mewes
  • Relying on the MacGyver bucket is telltale of a repair process that wasn't planned out correctly from the start. And because of that, your tech is now scrambling to meet the pressure of on-time delivery. 
    Michael Giarrizzo
  • Financing equipment or facility upgrades is commonplace in many industries. While many of us were raised with the notion that debt is bad, the reality is that debt is simply one tool of business finance when prudently used. A core tenant of corporate finance is that the liabilities of the firm ought to match the assets of the firm. 
    Brad Mewes