Jump to content


Our Picks

Top content from across the community, hand-picked by us.

Free webinar for all members hosted by @Ron Ipach from Captain Car Count! 

As you already know, finding good, qualified technicians isn’t as easy as it was in years past. Gone are the days of simply placing a few ads online or in the newspaper help-wanted section. 

When you combine the fact that more shops than ever are in the hunt for qualified applicants, with the ever-shrinking pool of technicians to draw from, it’s no wonder so many shop owners are frustrated with their search. 

Attracting good technicians today requires a radically different approach, and on this highly informative online training event, Ron Ipach, president of Repair Shop Coach, will walk you through the same strategies that his clients are using to attract lots of highly qualified to their shops on a consistent basis.

CLICK HERE TO REGISTER

Time slots vary and are held weekly:

Please reach out to @Ron Ipach for additional information.
  • 2 replies

The way I see it, I don't know how any shop owner can run an auto business today without a computer management system. What systems are you using and what advantages or disadvantages do you see?
  • 115 replies

If you speak with most shop owners they’ll tell you that they think their shop is worth x amount of money. Ask them how they came up with that number, and they’ll tell you it’s based on what they heard another shop sold for, or it’s predicated on their annual sales. But if you really want to know what your shop is worth, first of all, forget everything you’ve heard about “goodwill” and the fact that you have thousands of names in your database. That’s icing on the cake, but it’s not something a buyer can take to the bank. And although there is some value associated with some franchise names, there are two things that are most important to a buyer: the “tangible assets” and the “income history.”

Tangible assets are things like real estate, cash in the bank, secured receivables, inventory and equipment. To put it another way, these are the assets that buyers could turn into cash if they had to. When you’re establishing the value of your inventory and equipment, bear in mind that the actual appraised value may very well be far less than what you originally paid. So tangible assets are always number one. 

In regard to “income history”, we all know that past performance is no guarantee of future performance, yet the substantiated income history of a company is what buyers can use to forecast earnings. And don’t forget: The amount of money the “company” made does not include any income you’ve drawn out of the company as a salary. The company’s income is the amount remaining after all expenses, including your salary, have been considered.
  • 0 replies

At Elite, we firmly believe that the more shop owners connect with each other and share best practices, the more successful they will be, and the better off our great industry will be. So as a thank you to all of the AutoShopOwner members who are doing their part to elevate our industry, Elite will be presenting our Employee Management Made Easy webinar, exclusively for AutoShopOwner members, at no charge.

Join Elite's Bob Cooper and Doris Barnes at this powerful course and you’ll see just how easy it is to improve employee morale, drive up productivity, and increase your profits. During this webinar you will learn… 

* the key fundamentals of employee management 

* proven tips on how you can improve employee morale

* how to deal with the most difficult employees

There are only 100 seats available, so Register Here to reserve your complimentary seat today!
  • 0 replies



×