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Boys Under The Hood
You can run a successful Auto Repair Shop and James and Pat can show you exactly how!
Certified Business Development Coach James Stephenson has nearly 30 years of experience as a Master Automotive Technician, Multi Auto Repair Shop Owner, Certified Business Development Coach, and Business Investor. Pat Kelly is an On Air Radio Personality in Springfield, MA with over 30 years of experience in Radio, Media, is an on air personality at Rock 102 in Springfield, MA, was recognized 2x by The Mass Broadcasters Association, and is a Master of Small Business Development.
Pat and James share easy tips on hiring and training staff, making more money, and managing your time. If you want to improve your auto repair shop, this podcast is for you.
Have a question? Submit it on our website or social media and we'll read it live on air! Boys Under The Hood was featured nationally in Ratchet+Wrench Magazine in 2019.
Keywords: auto repair shop owner, auto repair, hiring, training staff, business growth, profitability, staff retention, time management, auto repair industry insights, operational efficiency, customer satisfaction, marketing strategies, leadership skills, shop management.
Visit our website to listen to more episodes, or to ask a question.
www.BoysUnderTheHood.biz
Sponsored By:
Lotus Consulting
Precision Auto Repair
Precision Detailing
Boys Under The Hood
Revitalize Your Auto Shop with Strategies for Success in a Competitive Market: Q&A
In this episode, we explore the challenges faced by auto repair shop owners and offer insights to improve efficiency and profitability. We talked about seasonal adjustments, pricing tactics, and the integral role of recruiting employees with the right tenacity, talent, and integrity. Find out how something as mundane as potholes can throw a wrench into both your vehicles and your health. Get clued in on the significance of charging your worth and avoiding a race to the bottom. In the financial pit stop, we discuss how Lotus Financial hits the accelerator in supporting small businesses and why building equity and wealth through business ownership can get you on the fast track to success.
Show notes:
[3:58] Importance of effective marketing campaigns
[5:36] Niche marketing, targeting specific services and advertising as an investment in the business
[12:43] Pricing services based on the business's value
[14:26] Seeking feedback from clients for continuous improvement and the importance of being brutally honest about business operations
[18:27] Role of Lotus Financial in supporting business owners
[19:27] Treating a business as an asset for future sale
[20:54] Addressing a question from a shop owner in Burlington, Vermont, facing financial challenges
[25:53] Financial advice for business owners, including consistent savings
[43:56] Outro
Thank you for listening!
Visit our website to listen to more episodes or to ask a question.
www.LotusPE.us
Use this link to schedule your seat in our Bi-weekly Free Business Support Call
For an entire video library of Boys Under The Hood:
Lotus Consulting | YouTube Page
Sponsored By:
Lotus Consulting
Precision Auto Repair
Precision Detailing
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