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 […]
How to Build a Successful Multi-Generational Collision Repair Business
A Unique Industry, A Unique Opportunity The collision repair industry is a critical component of our society. With the number of vehicles on the road only increasing, the demand for high-quality, reliable collision repair services will continue to grow. This sector has the potential for multi-generational success, offering a unique opportunity for owners looking to […]
The Power of Networking in the Collision Repair Industry
The collision repair industry plays a pivotal role in our daily lives. From minor fender benders to major collisions, these businesses restore vehicles to their former glory and ensure the safety of their users. However, this industry is not immune to the everyday challenges that other businesses face. As a Certified Exit Planner (CExPTM) and […]
How to Determine the Value of Your Collision Repair Shop
As a collision repair shop owner, understanding the value of your business is essential, whether you’re looking to sell, expand, or transition your shop. This knowledge empowers you to make informed decisions and strategize effectively for the future. In this article, we’ll explore the various factors and methods used to determine the value of a […]
Have you Considered Your Exit Plan from the Auto Shop Business?
As an auto shop business owner, you have undoubtedly poured your heart and soul into building a successful enterprise. But have you considered your exit plan? Many entrepreneurs are focused on daily operations but must strategize for the future. Developing a well-thought-out exit plan ensures a smooth transition and maximizes your business value, paving the […]
Preparing for the Unexpected: Crisis Management in the Collision Repair Industry
Running a successful collision repair business involves navigating many challenges, but what happens when the unexpected strikes? Crisis management is essential for ensuring business continuity and protecting your company’s value. In this article, we will explore the importance of preparing for unforeseen events and how High Lift Financial, led by Matt DiFrancesco, a Certified […]
Why Customer Experience Matters in the Collision Repair Industry
The collision repair industry is competitive, with businesses vying for customer attention. As a result, delivering exceptional customer experience is paramount for your repair shop. High Lift Financial understands the importance of customer experience and is dedicated to helping collision repair business owners create options to maximize their business value. This article will explore […]
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 […]
Maximizing Your Auto Shop Value: Effective Methods for Accurate Valuation
If you know the value of your auto shop, you can maximize its value! As an auto shop owner, you’ve likely poured countless hours, sweat, and tears into building a successful business. But at some point, you may want to move on to new ventures or retire. That’s where understanding the value of your auto […]
8 Options For Transitioning Your Collision Repair Business
As a collision repair business owner, you’ve dedicated countless hours to making your business successful. Now, you might be considering taking a step back, looking for more freedom in your future, or even exploring options for the next generation. This article will explore eight unique options for transitioning your collision repair business to maximize its […]
