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TonyD

To Specialize or not to Specialize?

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Just wanted to bounce a idea that i have been entertaining as of late . little about me and my current situation i am a 20 year veteran own and operate a general repair shop in a suburb of Boston. i am sure like most of you have done in the past rethinking my business strategy. with in 3 mile radius of my current location we have approx 7-9 pretty large ( meaning 4 plus bays tire and auto shops) not including myself and about 3-6 gas stations that are doing some sort of repair). but not one "import or foreign " specialist. now my question to you gentleman and women has anyone ever done a successful transition such as this ? i do have some extensive European back round and am more than comfortable with German auto lines as well Swedish. right now we do service a large amount of imports. just been looking at our industry as a whole and cant see being able to do "general repair" for all makes for ever but maybe i am wrong. i think there is def something to be said for focusing on a specific sector and funneling our time money and expertise into one area, it does make sense when looking at it from the outside. but obviously the grass is always greener i know . i do have have a friend that owns a import shop and does very well again different situation in the city and much older company ect ect. demographics do play a large part in a decision like this . where do u guys see our industry going as a whole? with tooling and software costs seem to be growing every year how long can the independents keep it going . thanks any and all imput greatly appreciated. hope you all have a great productive day....

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