Diversifying Your Repair Busines Greenville NC

If you're managing your shop effectively, then maybe it's time to consider broadening your scope from collision repair to cosmetic car care.Diversification can be an excellent source of additional revenue in your collision repair business if it's done for the proper reasons and with the proper management.

Future State Associates
(910) 599-9380
PO Box 12187
Wilmington, NC
The Nelson Group Business Advisors, Inc.
(704) 707-4333
822 Shetland Place
Concord, NC
Bear Rock
(919) 859-6610
1225 Crescent Green Dr
Cary, NC
Learning Technologies, Inc.
919-783-6900
5206 Duraleigh Rd.
Raleigh, NC
Sunchase American
(704) 522-0456
1700 Abbey Pl Ste 111
Charlotte, NC
ActionCOACH
336.510.7262
1050 Revolution Mill
Greensboro, NC
RoleModel Consulting
919-667-8281
342 Raleigh Street
Holly Springs, NC
Learning Technologies, Inc.
919-749-5285
5206 Duraleigh Rd.
Raleigh, NC
Growing America
704-763-0333
10309 Flatstone Rd.
Charlotte, NC
Compu Tech Consulting
(704) 519-5491
8511 Davis Lake Parkway, Suite C 6-167
Charlotte, NC
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Diversifying Your Repair Busines

By Bud Abraham
10/1/2003

If you're managing your shop effectively, then maybe it's time to consider broadening your scope from collision repair to cosmetic car care.

Diversification can be an excellent source of additional revenue in your collision repair business if it's done for the proper reasons and with the proper management.

For nearly 25 years, I've been involved in the car care industry, and I've seen hundreds of different operators jump at the chance to diversify their primary businesses in hopes of boosting revenues.

These diversification schemes have taken many different forms. Car washes add gift shops and snack shops. Detailers offer accessories and other related services such as windshield chip repair, paintless dent repair and paint touch up.

For many, the experiment's been a successful venture. But for many others, the diversification effort ended up generating little of the expected increase in revenues and created even more management headaches.

Why?
Because the operator was hoping to excuse the poor management of his primary business by adding another source of revenue to the business - in most cases, another source that required as much, or more, management. As a result, the same poor management that characterized the primary business was apparent in the diversification effort, too.

So, if you plan to diversify your collision repair business with additional services, be sure that you're first managing your collision repair business...

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