Diversifying Your Repair Busines Oak Forest IL
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.
All Covered Inc
(312) 640-0300
205 W Wacker Drive # 205
Chicago, IL
(312) 640-0300
205 W Wacker Drive # 205
Chicago, IL 60606
Services
Management Consultants, Computer Networks
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Francorp, Inc.
708-481-2900
20200 Governors Drive
Olympia Fields, IL
Kylin Trading
(773) 927-6788
4222 S Pulaski Rd
Chicago, IL
Kylin Trading
(773) 927-6788
4222 S Pulaski Rd
Chicago, IL 60632
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World Wide Global Enterprises
(708) 749-1593
3647 Kenilworth Ave
Berwyn, IL
World Wide Global Enterprises
(708) 749-1593
3647 Kenilworth Ave
Berwyn, IL 60402
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The Open Arm Foundation, NFP
(219) 444-8175
4906 Olcott Ave
East Chicago, IN
Kirbyco Consulting Incorporated
(773) 298-0030
9608 S Longwood Dr
Chicago, IL
Kirbyco Consulting Incorporated
(773) 298-0030
9608 S Longwood Dr
Chicago, IL 60643
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Chicago Park Dist Valley Forge
(773) 229-0812
7001 W 59TH St
Chicago, IL
Chicago Park Dist Valley Forge
(773) 229-0812
7001 W 59TH St
Chicago, IL 60638
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Financial Control Group Inc
(773) 947-9049
1507 E 53RD St Ste 502
Chicago, IL
Financial Control Group Inc
(773) 947-9049
1507 E 53RD St Ste 502
Chicago, IL 60615
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General Direction Inc
(773) 373-3830
4908 S Ellis Ave
Chicago, IL
General Direction Inc
(773) 373-3830
4908 S Ellis Ave
Chicago, IL 60615
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Outdoor Lighting Perspectives
(888) 616-1371
1312 Marquette Dr.
Romeoville, IL
Outdoor Lighting Perspectives
(888) 616-1371
1312 Marquette Dr.
Romeoville, IL 60446
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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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