One of the best ways to beat the technician shortage and win against the collision repair industry’s giants is to keep your shop’s tools and technology updated. Here’s a seven-step plan for building a technology and tools budget.
With information culled from the inaugural FenderBender Industry Survey, here's a statistical breakdown of what what technology, tool and equipment investments are driving the most profitable collision repair shops.
In the 2017 FenderBender KPI Survey, shops that invested in CSI software sported much higher annual revenues. Here are the other tool and technology purchases that separate them from less profitable shops.
As the connected car market grows and OEM data becomes more accessible, the better position collision repair shops will be in to repair vehicles equipped with advanced technology. Once you understand the connected car landscape and the opportunities available to you, you can prepare for that future.