Getting Your Money's Worth: The Value of a Shop Panama City FL
We must first define which type of consolidator you might be dealing with, if we want to know how a consolidator arrives at the value of a shop. Read on to know more about this.
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By Larry Edwards
4/1/2000 "How does a consolidator arrive at the value of a shop?"
- Clyde Wilkerson, owner, Wilkerson Body & Frame, Kokomo, Ind. To answer this question, we must first define which type of consolidator you might be dealing with. Collision shop consolidators generally fall into one of two categories. The Predator
First, there's the consolidator whose sole purpose in life is to operate collision shops. He generally buys other shops to obtain their customer base and increase his market share. Or he wants to buy your business to secure your location, employees or equipment. Generally, this kind of consolidator is buying businesses locally or regionally and is targeting shops he believes have weaknesses - for example, owners nearing retirement who want to get out of the business or have poor sales results, disgruntled employees, etc. These buyers are very familiar with this business and are usually very familiar with your business. You can expect them to offer a price based upon the hard assets the business owns in buildings and equipment, with little or no value placed upon the intangible assets a business possesses - like the customer base you've worked years to build or the excess cash (cash beyond your basic salary) the business provides. Because these consolidators (predators) sense a weakness, they're simply trying to exploit that perceived weakness. In the last five years, I've only encountered a handful of people who fi... |
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The Southeast Recycling Conference & Trade Show
Dates: 3/11/2012 - 3/14/2012
Location: Hilton Sandestin Beach Golf Resort & Spa Destin, FL
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Address:
4000 South Sandestin Boulevard
Destin, FL
Description: Powered by biztradeshows.com The Southeast Recycling Conference & Trade ShowDate: 11-MAR-12 to 14-MAR-12The Southeast Recycling Conference & Trade Show (SERC) is a four day event bringing together leaders and recycling officials. The SERC offers educational sessions, latest recycling products, equipments and services. The event also provides the ideal platform for networking opportunities. The event has successfully facilitated many scrap trades and Business Co-operations thereby contributing to the green initiative. Venue: Hilton Sandestin Beach Golf Resort & Spa, Destin-Ft. Walton Beach, Florida, United States Of America
Expocomer
Dates: 3/21/2012 - 3/24/2012
Location: Atlapa Convention Center Panama City, FL
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Address:
Altapa
Panama City, FL
Description: Powered by biztradeshows.com ExpocomerDate: 21-MAR-12 to 24-MAR-12Expocomer is an event that is concerned with multiple sectors and this is a great platform for the exhibitors to showcase their products and services to the local and regional markets of America, Asia, Europe and the Caribbean. This event arranges for direct appointments between the exhibitors and the buyers depending on the profile of the participating companies. Expocomer is one of the leading trade fairs that aims to bring together local and foreign companies and lead to the development of joint ventures. This event therefore is one of the most promising platforms for introducing new products, launching new brands and assessing competition with the aim of exporting products to the Caribbean, Central America and South America. Venue: Atlapa Convention Center, Panama City, Panama, Panama
Latin Expo Panama City
Dates: 4/25/2012 - 4/25/2012
Location: TBA Panama City, FL
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Panama City, FL
Description: Powered by biztradeshows.com Latin Expo Panama CityDate: 25-APR-12 to 25-APR-12Latin Expo Panama City is one of the leading exhibition for education and training industry in the region and the trade meeting point for education and training professionals, where the educational and training institutions can display and present latest programs with trends and network. The event will be held on 25th April 2012. Venue: TBA, Panama City, Panama
Latin American & Caribbean Tyre Expo
Dates: 7/25/2012 - 7/28/2012
Location: Atlapa Convention Center Panama City, FL
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Address:
Altapa
Panama City, FL
Description: Powered by biztradeshows.com Latin American & Caribbean Tyre ExpoDate: 25-JUL-12 to 28-JUL-12Panama is strategically located in an isthmus that is geographically located between North, Central, and South America. Panama is very close and accessible to all the Caribbean countries. Panama is the perfect destination for the Latin American & Caribbean Tyre Expo since it offers a very accessible destination for all tire distributors from North America, Central America, and South America, including Mexico and the Caribbean.For Asian, North American, European and Latin tire and equipment manufacturers, Panama is a very comfortable and economical destination to present their products to the Latin markets. The local currency is the Balboa, which is equivalent to the U.S. dollar, and is accepted.The LATIN AMERICAN & CARIBBEAN TYRE EXPO provides direct access to the markets of Central, South America, Mexico, and the Caribbean. Venue: Atlapa Convention Center, Panama City, Panama, Panama
ARE Green
Dates: 10/2/2012 - 10/4/2012
Location: Atlapa Convention Center Panama City, FL
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Address:
Altapa
Panama City, FL
Description: Powered by biztradeshows.com ARE GreenDate: 02-OCT-12 to 04-OCT-12ARE Green is stands for Alternative Renewable Energy & Green Industries. The exhibition will provide one of the most effective methods for developing and maintaining customer relationships. This Commercial exhibition will be taking place between 02 - 04 Oct 2012. Venue: Atlapa Convention Center, Panama City, Panama, Panama
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