Diversifying Your Repair Busines Mound MN

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.

YMR Management Solutions
952-401-8870
450 Lakeview Ave.
Minneapolis, MN
Best Year Yet
612-239-3815
6500 Shadow Lane
Minneapolis, MN
The Pennell Group
(651) 319-1857
5424 Tamarack Cir
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Total Focus Now
952-270-8845
9989 Applewood Circle
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Leader's Theatre
(763) 432-6888
5080 Everest Ln. N
Plymouth, MN
Analogical Solutions, Inc.
612 396 9094
762 Pleasant St
Excelsior, MN
Cullen-Mackenzie Resource Group
763-972-6073
6446 Ehler Avenue SE
Delano, MN
Day One Business Services
952-938-3435
14527 Moonlight Hill Road
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Trenchant, Inc
(612) 605-6991
2240 Plymouth Rd., Ste. 105
Minneapolis, MN
The Prouty Project
(952) 942-2922
6385 Old Shady Oak Rd., Ste. 260
Minneapolis, MN

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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