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Tom Franklin

I recently did a seminar for the Nebraska Autobody Association during their "Collision Day" event in Lincoln, Nebraska. Located, as I am, in one of the most populous cities in the world - with arguably the most cars (since we have just now begun a rapid transit system) - I wasn't prepared to address so many shop owners in such lightly populated areas, with so few vehicles to repair. Strategies which work well in a densely populated area like Los Angeles seem not to have much value for shop owners in these small, rural communities. 

A couple of months ago, I wrote an article on "Funding Risk." Most shop owners want to grow their business, but in today's economy, it seems a bigger concern is simply not going backwards -- growing smaller. Taking risks to grow seem doubly dangerous when just surviving is difficult. Nevertheless, it is vital to keep growing, and finding the resources to grow may be easier than you imagined. 

Thursday, 31 July 2003 17:00

Profit centers — confusing or vital?

While doing a marketing analysis for Phil Horn at Village Auto Body Works in Westbury, New York, I was surprised to learn that mechanical work was preferred to body work in Horn's area. After all, in California very few body shops have a full-fledged mechanical shop because that service is considered to be relatively unprofitable. 

Wednesday, 31 December 2003 17:00

Re-structuring for renewal

Nature provides us with many wondrous examples of renewal. The snake sheds his skin and appears with a new one. The caterpillar morphs into a colorful butterfly. In fact most of the cells of the human body are gradually replaced over a period of about seven years. As we once again move into a new year, perhaps it's time to renew and re-create a powerful forward thrust to gain new or better or more profitable business.
Saturday, 31 January 2004 17:00

Dare to double your business in 2004!

"In the long run, men hit only what they aim at."

                 -Henry David Thoreau, 1854                                   
 

We recently had an unpleasant experience with a service provider. It wasn't that his work was bad. He was a good craftsman, with state-of-the-art tools and equipment. The quality of his work was good, but he lacked the most important quality we all look for when we choose someone to serve us: trust. 

Reactive (adj.): Tending to be responsive or to react to a stimulus; characterized by reaction. 

Wednesday, 30 June 2004 17:00

Start marketing early and follow through

From time to time, a client calls me to say business is way down. He needs to do some powerful marketing and sales right away! This is already a silly request because, in general, marketing efforts take time to develop and to realize a result. The best time to market is when you don't really need the business. By the time you're desperate for more business, it's usually too late.

Toward the end of 1980, I picked up a book entitled "The Luck Factor" by Max Gunther. In his book, Gunther tells the stories of some of the world's luckiest people, along with the stories of some of the unluckiest people. What I found most interesting was his observation that the luckiest people he wrote about all shared five very specific traits and patterns of behavior that contributed to their "luck." These traits were conspicuously missing in the lives of the unlucky people. 

Charlie arrives at the shop an hour before opening time as usual. It seems impossible to get a day's work done between the 8:00 a.m. opening time and the 6:00 p.m. closing time. He rarely gets out of the shop before 7:30 or 8:00 p.m. And this is during a relatively slow period. What is it that is killing his time (and his family life)? 

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