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So I had this crazy idea last night of using a crowd funding site such as GoFundMe to raise startup cash for an automotive repair shop.

 

I am hoping that our business plan will be enticing enough for many in our area to give a buck or two but I was wondering about adding in some small incentive for those who give a certain amount.

 

Anyone have any ideas on cheap services or give always that I could offer at certain level of pledges?

 

For instance maybe a hand wash and a barbeque at our grand opening if they give $10. Or a free oil change and T-shirt if they give $20.

 

All ideas ae welcome!

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Yes we definitely have defined a target market in our area and plan to reach this market specifically. Also I agree completely that most business owners are all too eager to drop directly to the bottom line when it comes to competing with competition. At the center of our business model is the fact that we compete of added value and not simply on price.

 

We are planning to leave a name off this crowd funding venture for the moment and simply describe the main aspects of our competitive advantage to others.

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  • Have you checked out Joe's Latest Blog?

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      It always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
      While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
      Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
      One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.
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