THE AUTOMOTIVE INDUSTRY IS UNDERGOING A TRANSFORMATIVE shift with the rise of electric vehicles (EVs), autonomous driving technology, and advanced connectivity. These trends are not only reshaping how people think about transportation but are also significantly impacting the…
Is Your Equipment Up-to-Date? How This Impacts Your Auto Repair Business Sale IN THE COMPETITIVE WORLD OF AUTO REPAIR, the quality and condition of your equipment plays a pivotal role in the success and profitability of your business. When…
How Much is Your Brand Worth? The Role of Branding in Auto Repair Sales IN THE COMPETITIVE WORLD OF AUTO REPAIR, branding often plays a pivotal role that extends far beyond just attracting customers. A strong brand not only…
5 Key Steps to Prepare Your Auto Repair Business for Sale How to Get Your Shop Sale-Ready with Minimal Stress SELLING YOUR AUTO REPAIR BUSINESS is a significant decision that involves more than just listing it on the market.…
Selling your auto repair business is a significant undertaking that requires meticulous preparation. While you may be eager to find a buyer and finalize the deal, certain issues can raise concerns for potential buyers and even derail the sale entirely.…
If you’re thinking about selling your auto repair business or collision repair business, this is a good time for it. I’m seeing a lot of current interest in auto repair shops and collision shops, both locally owned and franchised. Inflation…
When I talk to owners considering selling their businesses, I often get asked what “the most important number” they should focus on is. In my experience, there are three very important numbers (among many other numbers that also matter). If…
Here’s why it matters If you own an automotive company, you know that your people are your most important asset. That’s why growing talent should be one of your highest priorities. Ask yourself these questions: Who can I trust to…
It’s a standard reply for Baby Boomers (those born between 1946 and 1964.) If you ask them what the definition of “old” is, they’ll almost always say that it’s ten years older than they are right now. If you ask…