Compared to labor, selling parts in the automotive industry is straightforward because it’s logical. During repairs, we often find a vehicle that needs a part replaced, we order the part from one of our vendors, we enter what we paid for it into our parts matrix, the system tells us what to sell it for,…
I was fondly remembering tips my grandfather shared with me when I took my first job and thought I would share them with everyone. He was a great businessman, head of a wonderful family, and deeply respected by me as a mentor in how to live a purposeful life and be successful. 7 Tips to Become…
On August 9th, 2022, President Joe Biden signed the CHIPS Act which will provide subsidies to companies that make semiconductor chips in order to meet the demand for these chips and bring more manufacturing of them into the U.S. The automotive industry has been one of the hardest hit by global chip shortages causing dramatic…
“Paying extra to fly first-class is a waste of money!” This is what I said back in 2008 as I boarded my flight headed to St. Louis. My seat was in row 4, and the first-class section was rows 1-3. We were all going to the same destination, and the state of the economy was…
The demands of the automotive repair industry have been difficult for as long as I can remember. Put profitability, marketing, and customer experience aside, and you’re left with the core of our business — automotive repair. Any technician can tell you that the premature assumption of a repair being easy-to-do, can quickly ruin your day…