Business Funding Needs & Solutions for Auto Repair Shops

Mar 6, 2015

autoshop, business funding, auto repair shop, auto shop, auto shop funding, auto shop renovation, auto repair, body shop, body shop fundingIn the United States today, there are more than a quarter of a million auto repair shops. Although this $60 billion industry has stalled in recent years amid economic conditions and disposable income levels, this sector of the economy is on the rise again, which means current auto repair shops have the opportunity to increase their profit margins. 

With motorists saving money on gasoline, they are looking to make an array of enhancements to their vehicles, repair existing problems, and give their cars a fresh coat of paint. As new generations enter the car market they will need a reliable auto mechanic to perform necessary repairs and routine maintenance.

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Topics: Funding Your Business, Auto shops

Make Your Auto Repair Shop Profitable this Winter

Dec 11, 2014

Auto Repair Shop ProfitableDid you know that during a winter storm, automobile collisions transpire every two minutes?

In many parts of North America, Jack Frost has already wreaked havoc on highways, roads, vehicles and motorists. With ice, snow and freezing temperatures, drivers are already clamoring for spring to make its triumphant return.

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Topics: Auto shops

Rev-up Auto Shop Sales with Classic Car Restoration

Oct 20, 2014

Auto Shop Sales Class Car RestorationThe vintage auto market is revving up right now with auctions for classic muscle cars and old luxurious vehicles generating millions of dollars in sales. Although some financial experts are labeling it as a bubble, it still has some legs to it and plenty of room to grow. Muscle cars are certainly thriving and creating an entirely separate auto culture right now.

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Topics: Funding Your Business, Growing Your Business, Auto shops

Increase Auto Shop Revenue with Collisions Repair Services

Oct 14, 2014

Increase-Auto-Repair-Shop-Revenue2Collision repair is one of the most important services an auto shop can provide to its customers, particularly at a time when millions of motor vehicle accidents take place on United States roadways each year.

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Topics: Funding Your Business, Growing Your Business, Auto shops

4 Critical Components of Running an Import Auto Repair Shop

Aug 26, 2014

profitable import auto shopAs of 2012, there were approximately 160,000 U.S. businesses offering automotive repair and maintenance services, generating a total of $80 billion a year. Futhermore, European imports account for almost 10% of the United States auto market. Demand certainly exists for specialized import auto repair shops, but offering a desired service is only part of what is necessary to succeed. A number of other factors come into play when it comes to running a profitable import auto repair business.

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Topics: Growing Your Business, Auto shops