The auto repair industry is extremely competitive and developing strategic initiatives to grow and increase revenue is essential for long-term success. Finding resources to help develop your business can be difficult. Here we’ve compiled articles that can help your auto repair shop reach new heights. Click on the headings for more information on each topic.
2017 Auto Industry Trends
With advancements in technology the auto industry is changing rapidly. With this change comes several innovations that mechanics will need to learn to work on to attract new auto repair shop customers. For many, this will include extensive training and an investment in education. The good news is that many of these new features will provide auto shops with additional revenue sources. As with any industry, the companies that take the initiative to stay ahead of the curve and learn the technology will reap the benefits of an ever growing customer base. Along with changes in technology there are also several cosmetic trends that have taken a grip on the industry. Auto shops that expand into fabrication are showing a significant bump in business as happy customers tend to return for maintenance and repairs.
How To Better Market Your Auto Repair Shop
With so many auto repair shops available to customers, it’s important that you know the best ways to market your shop. Marketing in general has changed dramatically over the last decade due to advancements in technology and social media. Keeping up with marketing trends is essential for a small business to thrive. There are many effective ways to get the word out about your business. If you are looking to remain competitive, you’ll need to take advantage of all of the marketing tools and avenues at your disposal.
Helping Your Auto Repair Shop Go Green
The auto industry is a popular target for environmental enthusiasts. For this reason, among others, it is important for your auto repair shop to incorporate green practices. Limiting the environmental footprint that your shop leaves is not only good for the earth; it’s good for business as well. Being able to advertise your shop as environmentally friendly is a newer trend in the industry and can set you apart from the competition. Many consumers seek out green businesses, so why would the auto repair industry be any different? With a few small steps, you can get on your way to making your shop environmentally friendly, corner a growing market and increase auto shop revenue.
Additional Services to Boost Traffic at your Automotive Repair Shop
As a small automotive repair shop, it is imperative that you offer services that will set you apart from the larger chains. These services along with a personal touch will help to drive business even when you cannot compete with the prices of a larger shop. The auto repair industry is all about trust. More than any other industry, consumers tend to stay with one shop for years if they are satisfied with the service provided. Providing a one stop shop for all of their car needs is a great way to attract new auto repair shop customers and keep them coming back, even when they are not in need of a major repair.
Become an Auto Repair Front Runner by Utilizing a Merchant Cash Advance
With the level of progress towards creating user-friendly and efficient cars in recent years, maintaining an Auto Repair Shop that can approach the numerous budding repairs that stand hand-in-hand with newer models can be a tad overwhelming. Nearly everything in today’s modern car, from brakes to windows, mirrors to cabin climate, steering to transmission, all rely on computer guidance and regulation. In the effort to make fuel efficient and green cars, not to mention the entertainment and safety systems in newer models, Auto Repair has seen a shift from a predominantly mechanical focus during repair to that of computer diagnostics. While, financially, it would behoove your Auto Shop, in the long term, to be able to excel in this area, it is understandable that not every auto shop can, in the short term, splurge for the changes that need to be made in order to successfully retain business growth. So, in an attempt to swim with the tide, many Auto Repair Shops are turning to business cash advances to supplement their financial needs to keep up with demand.
Quikstone Capital Solutions has been providing small business owners with merchant cash advances to stabilize and improve their companies for more than 10 years. If you are in need of a cash to cover unexpected costs, or if you’re looking to make long overdue improvements, a merchant cash advance could be right for you. With the ability to quickly qualify and get your money in a timely fashion, there is no more convenient option.
