Larry Wible

The Impact of Economic Circumstances on the Automotive Repair Business

At any given point in time economic circumstances will impact business profitability. At the time there are several significant factors that present challenges to the automotive repair industry. Government policy, inflationary pressures and the United Auto Workers Union Strike together create a difficult environment for auto repair shops:

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Government Policy and its Impact on the Automotive Repair Industry

This writing is not intended to be political. It’s meant to be a recognition of the cause-and-effect relationship between government policy and the environment we live in. In reality when government policy positively impacts a segment of the economy – it often negatively impacts others. At the time of this writing there are several major

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The Impact of the UAW Strike on the Auto Repair Industry

At the time of this writing the United Auto Workers Union is on strike. The strike has entered its second week and has expanded from three locations affecting about 13,000 employees to 38 locations affecting an estimated 18,000 workers. The strike has expanded beyond vehicle production facilities to parts production facilities. In addition, some parts

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Automotive Repair Shop Accounting

A well configured accounting system is essential to success in any business and automotive repair is no exception. A business owner doesn’t need to understand the details and nuances of accounting but a basic understanding can help to understand how to take advantage of what an accounting system can provide. The double entry system, balance

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Automotive Repair Shop General Accounting Chart of Accounts

The chart of accounts is the heart of accounting for any business including automotive repair. A familiar saying is that “Accounting is the Language of Business”. A General Accounting System contains summarized business activity organized in such a way that the state of the business can be analyzed readily. A basic understanding of the components

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Automotive Repair Shop Operation Process Integration

The integration of automotive repair operation processes can have a significant impact on quality service delivery. The service advisor and interaction with the customer along with the technician and parts management processes are the key to a seamless auto repair operations. Auto Repair Shop Software should automatically provide visibility of the point in the repair

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