Send us a text

Episode Notes: 

The never-ending rollercoaster of collision repair business has taken another dip, and shops across the country are feeling the pinch. After years of unprecedented backlogs following COVID, the industry is experiencing a significant slowdown that's becoming the talk of every industry gathering. But rather than panicking, this moment presents a unique opportunity to strengthen your business foundation.
 
 This slowdown stems from several converging factors that are well beyond our control… however, successful shop owners recognize that these cyclical downturns are inevitable—and can be leveraged to your advantage.
 
 We explore 4 critical areas every collision center should focus on during slow periods. 

1st, finding creative ways to fill those empty stalls—from municipal vehicle contracts to specialty refinishing work that keeps your paint booth productive. 2nd, strengthening your marketing efforts, as data shows shops that maintained consistent marketing during busy times are significantly outperforming those who didn't. 3rd, implementing shop improvements that often get neglected during busy periods, like developing SOPs, optimizing shop layout, and conducting thorough financial reviews. Finally, catching up on training and education that positions your team to handle the next wave of technological advancements.
 
 The most successful shops view these slowdowns not as setbacks but as strategic opportunities to prepare for the inevitable upturn. By investing in these four key areas now, you'll be positioned to outperform your competition when business rebounds… because as history has shown us, it always does!

 

 

 

Sign up for FREE to my "Quote of the Day" below:

 https://tinyurl.com/fv5xr68h

Support the show

Join our Mind Wrench mailing list! 👉 https://bit.ly/3DGNM9o


Need one-on-one Mindset or Personal Development coaching? – drop me a note @ Personal Coaching – Rick Selover

👉 CLICK HERE FOR 50% OFF YOUR FIRST MONTH OF COACHING!

(use PROMO code FREE50 in the message box!)

🔗Affiliate Links

👀 Read or listen to Top non-fiction book on Blinkist 20% off membership & 7-day free trial

🧑‍💼 Need freelance help with your business? Check out Fiverr

​🛒​🍒​🥦​ Want an easier way to shop? Check out Instacart

Thanks for listening and please share The Mind Wrench Podcast with others!