Selling Your Collision Repair Business? Calm the Fears of Employees Worried About Their Future.

2024-01-22T11:02:10+00:00Automotive Aftermarket, Blogs, Collision|

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?

Returning to Full Throttle or Exiting the Race?

2024-01-22T11:01:58+00:00Automotive Aftermarket, Blogs, Collision|

The pandemic has caused many business owners to reconsider their long-term goals of owning and operating their businesses. Shutdowns and personnel shortages have clearly been a drain on many, while severely impacting financial performance and their ability to effectively service customers. If you are considering selling your business, there are items you must consider.

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