Episode 78 – Guiding Businesses From Transition to Transaction with Laurie Barkman
For anyone who owns a business, the process of passing down a company from one owner to the next can be quite challenging. Without proper guidance and careful planning, it can be difficult to know where to start when considering how best to transition ownership and ensure profitable continuity for yourself and future owners. […]
Episode 77 – Safeguarding the Future: What Collision Shops Need to Know About Business Continuity
In today’s fast-paced and unpredictable world, businesses of all sizes face numerous challenges that can disrupt their operations. As a collision shop owner, unforeseen events such as natural disasters, economic downturns, and supply chain disruptions can severely impact your ability to provide services to your customers. Having a sound business continuity plan can […]
Episode 76 – Breaking Barriers: Women Making Waves in The Collision Repair Industry with Petra Schroeder
The collision repair industry has long been a male-dominated space. And the stigma that women are not as strong or capable as men poses challenges for women who aspire to make their mark in it. Fortunately, the number of females in the workforce is slowly increasing. And some female mentors have successfully navigated their […]
Episode 75 – The Perfect Time to Start Planning Your Business Exit
As a business owner, you have put countless hours, blood, sweat, and tears into growing your business. It has become a massive part of your life, with a significant financial and emotional investment. However, as much as you love your business, you can’t stay in it forever. Because the reality is, at some point, you […]
Episode 74 – Transform Your Business: Become Extraordinary with Mike Anderson
Being a body shop owner in the collision industry today is no easy feat. The market is vast, and the competition is fierce. That is why settling just to be good or average is not enough. To truly stand out and be extraordinary, businesses must focus on how they are treating their customers, what kind […]
Episode 73: How a Financial Assessment Process Works – Part 8: Income Needs, Funding, Incentive Planning, and Asset Protection
Last year, I was a guest on the Virtual U.S. Financial Advisors podcast where I talked about my financial assessment process. We’ve divided the episode into 8 parts and today I’ll be sharing with you the last of the series. In this episode, I completed the financial assessment process that we go through without […]
Episode 72 – Finding Life After Business with Larry Dragan
A smart and effective transition plan for a family business is critical for its future and should be taken seriously. That is why getting the necessary help from professionals is important for anyone who is thinking about transitioning their family business to the next generation. Because a well-thought-out transition plan is not just about preserving […]
Episode 71 – How a Financial Assessment Process Works Part 7: Questions to Ask When You’re Looking For a Financial Advisor
We’re now down to the last 2 parts of this series, where I talked about my financial assessment process as a guest on the Virtual U.S. Financial Advisors podcast. In this episode, I shared my insights on what financial advisors do and how to determine the right advisor for your specific needs. In this episode, […]
5 Ways to Keep Your Best Collision Repair Technicians
A cohesive team of employees is essential for any successful collision repair shop. From understanding the importance of hiring experienced technicians and investing in staff training to involving your staff in decision-making and recognizing their hard work, there are many ways to create an environment where your employees can thrive. An engaged and enthusiastic […]
Episode 70 – Developing Strong Leaders with Bruce Schronce
People are the power engines of business success and growth. That’s why managing “people problems” should be seen as a necessary part of developing a successful business. What makes a strong leader is someone who understands the dynamics among people, can motivate and enable team members, define roles, look at external factors that may affect […]