The winner will be randomly selected from correct entries and awarded $50. Entries must be received by the end of the month. Only one winner will be selected. Chances of winning are dependent upon the number of correct entries received. Employees of Babcox Media, industry manufacturers and BodyShop Business advertisers are not eligible to enter.
The winner will be randomly selected from correct entries and awarded $50. Entries must be received by the end of the month. Only one winner will be selected. Chances of winning are dependent upon the number of correct entries received. Employees of Babcox Media, industry manufacturers and BodyShop Business advertisers are not eligible to enter.
Popular Posts 5 Smart Financial Moves Every Body Shop Should Make in 2022 Auto Body Repair: The Cost of Doing Business Setting the Standard: ANSI, NFPA and NIOSH ADAS: Smashing the Glass Stress at Your Auto Body Shop: This Too Shall Pass Connect with us advertise with us
5 Smart Financial Moves Every Body Shop Should Make in 2022
Auto Body Repair: The Cost of Doing Business
Setting the Standard: ANSI, NFPA and NIOSH
Stress at Your Auto Body Shop: This Too Shall Pass
Popular Posts 5 Smart Financial Moves Every Body Shop Should Make in 2022 Auto Body Repair: The Cost of Doing Business Setting the Standard: ANSI, NFPA and NIOSH ADAS: Smashing the Glass Stress at Your Auto Body Shop: This Too Shall Pass Connect with us advertise with us
5 Smart Financial Moves Every Body Shop Should Make in 2022
Auto Body Repair: The Cost of Doing Business
Setting the Standard: ANSI, NFPA and NIOSH
Stress at Your Auto Body Shop: This Too Shall Pass
Sponsored By Transtar Autobody Technologies
Thinking Outside the Bedliner: Additional Profit Opportunities for Protective Coatings
When most automotive companies think of protective coatings, they think of truck bedliners. But maybe they should be known as "problem-solving coatings" because they have 1,001 potential applications.
Today's body shops and parts distributors are missing a lot of opportunities -- not just with traditional two-component sprayable bedliners, but also with some of the alternative applications for these coatings.
In this 60-minute webinar, our experts will show you how automotive businesses around the country have established an additional profit center by using protective coatings -- in both traditional and non-traditional ways. This presentation will be an "idea starter" that can help you find additional money-making opportunities for your business.
Speakers Dan Reutter, Technical Specialist, U-POL Mark Thomas, National Training Manager, U-POL Jason Stahl, Editor, BodyShop Business
Sponsored By Transtar Autobody Technologies
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Add Your Listing Edit Your Listing By Category Profit Centers Bedliners & Bedliner Franchises/DealershipsCar RentalConsolidatorsFranchises & NetworksPaintless Dent Repair Equipment, Services, Training & FranchisesVehicle Upgrade, Trim & Accessories Refinishing Air Supply SystemsBooth AccessoriesClean Air/Shop EnvironmentCleaning & RecoveryCompressed Air SystemsDetail EquipmentDetail Products & CleanersDrying & Curing Lights/SystemsGun PartsMasking ProductsPaint & Paint ProductsPaint SafetyPaint-Mixing SystemsPrep & Surface ProductsPrep EquipmentPrepstationsSpray Guns & PaintingSpraybooths, Prep Stations & Related Equipment Repair A/C Equipment & SuppliesAdhesivesBody Parts & AccessoriesDimension/MeasuringFrame Straightening & AlignmentGlass/Windshield Repair & ReplacementHand ToolsHeat Guns/Heat ToolsLifts & JacksMechanical Parts & AccessoriesMetal Finishing/FillingPlastics & Plastic RepairPower Tools/Electric & AirScan ToolsService EquipmentStorageVin Certification LabelWelding Equipment & ProductsWelding Safety Shop Management & Operations Advertising & Marketing ServicesCleanup ProductsClothingComputerized Office & Information SystemsInformation, Training & CertificationInternet & Web-Enabled ServicesManagement & Financial ServicesMiscellaneous Training Training: Carbon Fiber Structure Repair
BodyShop Business is the leading source of information for the collision repair industry. Through digital avenues such as videos, podcasts, webinars, e-newsletters, social media and more, plus a monthly print magazine, BodyShop Business delivers content on business management, vehicle repair, industry trends, breaking news and more that collision repair facility owners and managers need to stay current on the rapidly changing auto body world.
BodyShop Business is the leading source of information for the collision repair industry. Through digital avenues such as videos, podcasts, webinars, e-newsletters, social media and more, plus a monthly print magazine, BodyShop Business delivers content on business management, vehicle repair, industry trends, breaking news and more that collision repair facility owners and managers need to stay current on the rapidly changing auto body world.
ByBodyShop Business Staff Writers on April 18, 2022
ByBodyShop Business Staff Writers on April 20, 2022
ByBodyShop Business Staff Writers on April 20, 2022
ByBodyShop Business Staff Writers on April 20, 2022
How often should you review your numbers? How do you create a good financial management system? We answer these questions and more.
Do you know the difference between cash-based accounting and accrual-based accounting?
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The Alliance of Automotive Service Providers of New Jersey (AASP-NJ) announced that industry leaders tackled the subject of labor rates at the NORTHEAST 2022 Automotive Services Show this past March in a featured panel titled, “Labor Rate 2022 & Beyond: How to Get What You’re Worth.”
Veteran industry journalist Joel Gausten moderated as panelists Jerry McNee (AASP/NJ), Lucky Papageorg (AASP/MA), Burl Richards (ABAT), Barrett Smith (Auto Damage Experts, Inc.) and Sam Valenzuela (National AutoBody Research) delved into the reasons for labor rate suppression and how shops can circumvent insurer interference.
“All shops are not created equally, yet we’re treated that way,” said McNee. “The ‘prevailing rate’ isn’t what the insurers claim it is, yet we accept it. Nothing will ever change until we stop crying and do something about it — and it’s what you do in your own facility that will make the biggest impact. Do you even know your break-even point? We’re trading time for money, and I’m not here to make a deal; I’m here to run a business, so I’m going to charge my posted rates based on my costs.”
“Collision shops can’t continue playing insurers’ games by their rules,” Valenzuela noted, referencing the value of shops participating in NABR’s LaborRateHero.com surveys as a way of creating “transparency, which allows other shops to make better decisions. “We have to start thinking in terms of market-based labor rates, which is why it’s so important to have a posted rate based on business costs and what the customer will pay. Shops need to use data to make those decisions; without data, you’re just guessing.”
Unfortunately, many shops don’t truly know how to properly establish their labor rates.
“Everything starts with education, but then you have to actually go out there and apply what you learn or nothing changes,” said Richards. “If you took time to come here and learn something from your industry peers, you need to do something about it when you get home.”
Smith recommended following OEM procedures and showing customers how their vehicle manufacturers want their cars to be repaired.
“It’s a perfect opportunity to demonstrate your professionalism, earn trust and build that relationship,” Smith said. “Shop owners often started their career as bodymen, but they need to become better businessmen. You’re the problem, but you’re also the solution.”
Plans are underway for NORTHEAST 2023 March 17-19 at the Meadowlands Exposition Center in Secaucus, N.J. For more information, visit aaspnjnortheast.com. For more information on AASP/NJ, visit aaspnj.org.
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