In order to successfully revamp his shop without incurring significant debt, Tim Kilkeary put into motion a five-year capital reinvestment plan in order to update the facility and the shop’s equipment.
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.
While shops can take measures to collect the money owed to them, in order to reduce accounts receivables, focus needs to be placed on the paperwork process in the front office. Here are five steps for collecting on money owed to you.