Musings and Advice from a Family-Owned Independent Tire Dealer
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.
Build Your Business with a Buyer in Mind
Most entrepreneurs start a business based on one or two of many potential reasons---it could be to exploit a unique skillset or access to talent, pursue a passion or simply meet a need otherwise not being met in the marketplace.
Pay, Perks, and Customer Service: How the Industry Needs to Change
Industry operators are going to have to treat their employees and their customers better if they hope to remain competitive.
How to Sell Your Automotive Distribution Business—An Insider’s Perspective
The importance of finding the right team to market your business throughout the M&A process is extremely important. In this blog Cole Strandberg discuss how selling your business can often be a once-in-a-lifetime opportunity, so when that opportunity comes make sure it’s executed properly.
Syrena Collision Center, Inc. Case Study
Syrena Collision Center Inc. (“Syrena”), a collision repair operator with two locations in Pennsylvania, has been acquired by Crash Champions This case study highlights the unique process of this transaction.
Capital Paint and Refinish, LLC Associates Case Study
Capital Paint and Refinish, LLC (“Capital”), a premier source for automotive paint and supplies across Texas, Louisiana, and Colorado, has been acquired by Wesco Group, LLC (“Wesco”), a leading paint, body, and equipment distributor in the U.S. and Canada. This case study highlights the unique process of this transaction.
What’s the Difference Between a Broker and an Investment Banker?
When contemplating the sale of your business, you may consider hiring a business broker or an investment banker. But what’s the difference between the two, and do you really need either one? Here are some things to consider.
Selling Your Collision Repair Business? Calm the Fears of Employees Worried About Their Future.
When the owner of a collision repair business is interested in selling their company, questions related to employees often come up. When do I tell my employees about the sale? How do I deal with rumors? How do I alleviate their fears about what the sale means regarding their job security, seniority or other changes?
How to Make Your Most Valuable Asset Even More Valuable
What is the most valuable asset of your business? The correct answer is: the people you employ.
Performance Collision Case Study
Performance Collision Centers, a premier provider of collision repair services headquartered in Myrtle Beach, South Carolina, has been acquired by Classic Collision, LLC, a national collision repair operator based in Atlanta. FOCUS initiated this transaction and advised Performance Collision throughout the process. This case study highlights the unique process of this transaction.