- Written by Bill
Running an auto salvage business is so much more than collecting salvaged autos and selling off the parts. Let me modify that statement a bit . . . running a SUCCESSFUL auto salvage business is so much more than collecting salvaged autos and selling off the parts. There are management insight tools which can help you to run an efficient and profitable auto salvage business, and that is what this article is about.
About Ron Sturgeon
Ron Sturgeon is a rags-to-riches feel-good story in the auto salvage industry. From homeless teen with $2000, to multi-millionaire in the auto salvage industry and commercial real estate industry, Ron has been there, done that, and succeeded at every level. Ron is the perfect example of what an auto salvage consultant can do for your business. Ron’s areas of expertise include the following:
- Scaling- I had to reconfigure virtually everything as I grew past $350k/mo,
on to over $2m per month. I know many things to do, and equally important, what not to do. - Multiple locations, retail vs. wholesale
- Pay for performance-virtually every position
- Accounting, budgeting, Cost of goods, loan requests.
- I can review your financials, and meet with your accountant and go over
inventory valuation, costs, etc. (I can approach that as you want, depending
on your needs for taxes vs. management, I understand the implications) - Marketing
- Strategic planning
- Experience with insurers, use of recycled parts, severity implications
- Experience with telecom issues
- Anti trust, competitive issues
- Expert witness or consulting on salvage related issues
- Buying, inventory turns
- Buy outs, acquisitions, divestitures, partner and family issues
- Orderfulfillment and deliveries
- Selling extended warranties
- Preparation for and execution of a private stock offering
Business is more that a profit and loss statement
Someone once said that “the devil is in the details,” and that is especially true when running a business. Far too many business owners stock their store with inventory, greet customers, count their daily receipts, and repeat month after month after month. All is well for awhile but soon enough profits start to plummet and the owner has no idea why.
The devil is in the details! There are certain indicators in any business venture which will tell a business owner when things are going well and when changes need to be made. They are called management insight tools, and a good management/business coach will use those tools to not only tell you what you are doing wrong, but what you can do to correct your failings. Oftentimes we are simply talking about minor tweaks to the way you run a business, simple solutions which can made a huge difference in your bottom line.
Check out Ron’s books! Every single one of our services is a goldmine from Ron’s fertile brain, and every single one will help you to increase your profits. The help your business needs is available to you. Contact us. Brighter days are ahead of you. Reach out and ask for the help you need today, and let a pro’s pro walk you through the steps you need to take to reach the level of success you want.