-
Posts
252 -
Joined
-
Last visited
-
Days Won
56
Content Type
Forums
AutoShopOwner Articles
Downloads
Blogs
Gallery
Profiles
Events
Store
Links Directory
Shop Labor Rates
Community Map
Everything posted by bantar
-
Probably because RO Writer corporate hated them. They bad-mouthed AMS when I spoke with them, making me think less of themselves as a result. AMS has a great online reputation for helping folks with RO Writer issues. I think that they were the last remaining RO Writer distributor. I'd imagine that AMS will offer great service for Protractor folks. I spoke with AMS, but they couldn't sell to me and handed me off to corporate. Sent from my SM-G900V using Tapatalk
-
Who wouldn't want a better cruise control? But that's a far cry from giving up your car altogether. Unless you live in an area where a car is not required for daily living, I don't see this ever happening. Why don't we all car-pool? Where do I keep my toolbox (currently in my trunk) after I exit that taxi? Where do I keep the kid's favorite DVDs? How many taxis would you need for rush hour? If not enough, what's my average wait time? How can others see my ego, when I'm in an unremarkable taxi? "I bought that new Corvette to cruise low and slow, not cause it goes fast". (Not me, I don't have a slow gear). Speaking of that, I have to get to the airport in a hurry. "Go fast taxi!" Its programmed to obey the speed limit and thus goes slower than the prevailing traffic. Here's the best analogy that explains this. If you own a boat or have ever owned a boat, you know damn well that renting said boat would have likely been waaay cheaper than owning it. However, if you had to rent it every time, it might not get used as much. Personally, I would value each trip and ask if it was a reasonable expense for my budget on this day, week, month. It's why I quit flying - today's 1.5 hour leisure trip is just $150 (30 years ago). What's the value of this trip? This resulted in few trips, making me less safe due to less practice. It's far easier to spend 1000's upfront while it's shiny and exciting, but harder to do after a few nicks. Once you own it, you tell yourself that you must use it because you spent so much on it already. When's the next boat show? I'm ready (again). I have a friend with 7 different cars and just him and his wife. None of these cars are special (overly expensive, very fast or very pretty/sporty). But he got a "deal" on each one. He bought a truck, because... it's a truck. He'd never go rent a truck, and is paying more for insurance than it would cost him to rent it for the few times it will get used. But it's always there, always ready to be used, just like his airplane. Nuff said. We have cars for convenience. Sometimes, a taxi, bus or train is better, but not always.
-
You're concern is fairness. How better to be fair than to use a 3rd party? You could pay for an appraisal, which will cover both the business and the real estate. I have a few samples, both over 95 pages. They are pricey - mine was $4K. It looks at the business in multiple ways, such as would the real estate be more valuable with a different business use. It compares all combinations of business and RE and creates a value. Probably pricey, but it is an arms-length transaction so it's fair. Another way to get a value is to go visit your local SBDC (Small Business Development Center) office and ask them for sales comps. They can provide sales multiples for actual sales that help you with the 3X multiple you suggested. This won't help with the real estate valuation likely, but it gives you a number. The SBDC is an arm of the SBA and will help you with these basic queries for free. Risk taking: There's no way to say this without putting my foot in my mouth, because nothing is ever black and white. This is a statement on perspective. If it was black and white, I'd say this: If you are currently giving your family members fair wages for their work, then they are contributing nothing to the startup of the organization. If they are taking less wages to help start the business, or similar, then they are contributing in some direct manner. Assuming no: They are not taking on specific risk, so they would not be entitled to anything (ignoring the many family nuances that might exist). They may be the best employees in the world and are helping you greatly succeed, but they are employees - not the risk takers. Therefore, you build a great business and sell a working / proven business to your family members. Buying a known quantity with a good reputation is immensely valuable to them. They will appreciate being the ones to continue the business. Don't feel guilty, feel proud! It seems like you are looking for an early exit or maybe family members expectations have been set wrongly. Why is this troubling you today? Hopefully, they know your timing on sale (e.g. 3-5 or 10-20 years from now). By then, with 3X, you'll be walking away with Donald Trump type of money!
-
I've managed a team in mainland China for a number of years. The Communist culture encourages cheating, especially if it furthers their personal position. Unlike here, cheating is a proud accomplishment that you brag to your friends while at your local bar - to cheat and not get caught or have it matter. I also had Chinese working for me locally that "escaped" and they would tell horror stories and certainly knew who not to trust. They were my cheapest cost center, yet my most ineffective producers (oddly, they had terrific made-up status reports). Lack of production made them the most expensive in the end. We tend to think that quality issues are by mistake, but in fact, these are often by design. There's a huge difference between a Chinese Design and a Reputable Design (NA, Europe, etc). (Also, don't equate Taiwan to mainland China. They are both Chinese, but have different value sets. Taiwan has a better reputation and pretty much hates China).
-
Did you manage to get any relief on their pricing? They are a bit pricey at $400/month and another $250/month for digital inspections? I like their base product, think I want to use it, but I am wondering about value? The one thing that Protractor does is update their software. They make updates every 2-4 weeks, adding new features and fixing problems, which I find to be a positive. Even though they are cloud based, Canadian law mandates that us users maintain ownership of our data. They allow you to download the database weekly and back it up in their cloud much more often. (With cloud systems, one always needs to ask about data ownership, because this is not cut and dried in the US). Also, Protractor is month-to-month, with no contract. They believe in themselves. I was ready to go with RO Writer, but I've started seeing a lot of internet noise regarding a total lack of response from their tech support on critical issues. When you couple this type of problem with their insistence on a 3 year contract, it seems very dangerous. Many using RO Writer are using their older software. I'm guessing the growing pains are with their new SQL system because the complaints seem to have ratcheted up recently. When I ask them about this issue, they dodge this question hard.
-
Self-Driving Cars: Good News, Bad News
bantar replied to Joe Marconi's topic in Auto Body Shop Discussions
My Mario-driving-style self is looking forward to these things. They should be easy to pass. If I want to get in front of one, I simply start pulling into it's lane. The computer will want to avoid my impending crash and will likely take evasive braking action, leaving me room to advance my position. Instead of hollering "Get out of the way!" to regular slow drivers, I'll be hollering, "Get a self driving car!". Of course, if I owned one, I would want to have a go-fast turbo mode, but then would need to hack the computer. It will be interesting to see if the software drives safely with the flow of traffic, or puts around doing the speed limit in areas where this is not the prevailing speed. Will it drive in the right, left or middle lane? Will it use its blinkers in Boston and thus never be allowed to merge over? Driving in Dallas, letting someone in your lane due to a blinker is not a miracle parting of the sea, but rather a gradual back off allowing just enough room to complete the maneuver. Or would the computer wait for a more inviting response and thus be making a correctional U-turn 10 miles later when an accidental gap appeared? If you are interested in some of the decisions that need to be programmed into the car, consider crash scenarios where there is no right or safe answer. Here's a scenario generator, "Moral Machine", that is interesting: http://moralmachine.mit.edu/ -
I just listened to this podcast yesterday. It sounds like it might resonate with you. He discussed getting his employees directly involved in the business numbers on a daily basis. Remarkable Results Podcast Episode 193: Kirk Richardson from South Street Auto Care
-
Startup business question
bantar replied to David Harper's topic in New Repair Shop, Partnerships, Bank Loans
Unfortunately, getting insurance quotes from industry veterans might be a bit misleading. You and I, as a startup operations, are inherently more risk to the insurer than these experienced operators. As well, I've found that our options are more limited with some insurers flat-out saying no thanks (this happens at underwriting, not necessarily at quoting). As a result, I've found a broker, with direct auto experience, that I trust who can match my needs with the market offerings. For now, these lower rates are a fantasy, but a cost to be managed with time and reputation. My broker indicated that 3 years of experience stops the teenage driving rates. For your planning, plan on the high side. Also, a semi-real quote seems to need 20 pages of Q&A along with driver's licenses, etc. To get around this, my broker brought me blacked-out (names, addresses) quotes for a few similar sized businesses to review. I don't see this mentioned, but depending on whether buy or lease the building and the terms of your lease will also impact your insurance needs. For instance, your landlord may impose additional insurance requirements on you. This matters in how you make comparisons as well. -
So, what you are really saying is that the callers looked at the price range of $179-$429 and then went looking for the $179 guy? 😁
-
This post is a mini-how-to that some might find useful on the topic of Password managers. If you are already using one, skip this. In another thread, @Marksas said: This is a great practice and in my case very-very important, because when I die, the business needs to be sold. My wife can't run it and my kids don't want to run it. She can probably keep it afloat for a very short period. So, I too keep an encrypted file and in this file, there's an entry entitled "Brian Died. Now what?". I've left a printed piece of paper in a known safe spot that says to open Keepass and find this entry. It is a roadmap of what to do, who to contact and everything else that needs to remain confidential. The first item is the name of a business broker, then the life-insurance policy, etc. Some of this can be printed, but the advantage of being here is that I can update it as needed and it's current. Now, I'm a forward-thinking kind of guy, so in the URL field, I've left my new address: http://www.heaven.com. (I sure don't want to have to do an address change). I use a program called Keepass (http://keepass.info/). It is an open-source password manager. For the longest time, I avoided these tools like the plague to make sure that they are safe. They are now at a mature stage. Another similar and good tool is LastPass (https://www.lastpass.com/) And there are others, but I've only used these two. Lastpass might be easier for some to learn and use. I can give you my encrypted password file and I'll be dead before you are able to break in if ever at all. The great thing about these tools is that I have to remember one reasonably complex password and it stores a unique password for every site I visit. I have well over 100 personal passwords in there now and it just keeps growing. All of my passwords are 20 random characters unless the website won't take that many. I don't worry about one password being stolen anymore. I'm going to mention many downsides below that might seem daunting, but they are just learning challenges. The upside is way better than all of these downsides. There is a downside to using these tools. You need to learn a new process to login. And if you have to login via mobile phone, it's even harder still and also a different process. But, once you learn these two methods, it's the same login procedure for every website you visit. When I introduce people to this tool, I make them put 3-4 passwords in for sites that they might visit sometimes (Amazon, ebay, craigslist, whatever), but not often. Then practice logging in and out over and over until they get it. The reason for this practice session is that if you complicate their lives too much all at once, then it's an instant quit. If they can't access a needed site right now, the tool is too complex. I've gotten my dad and my father-in-law to both use this tool and they are both mostly computer illiterate. My mom would burn the computer before trying to learn it. After fighting it for over a year, my wife is finally almost on-board. It's like breaking horses for many, but hey, even I started with a practice set. There is one more downside to this type of tool and it's the typical startup issue. You have 10's if not 100's of sites that you log into. You will need to login to each and every one and change your password to take advantage of computer generated random passwords. The good news is that you can do this ever so slowly, or in bulk, but still one at a time. Just today, I found another site that I had a login and it wasn't in my database. I updated my password file and changed the password on that site. For this one, I had to issue a forgot my password request, then change it. Now, I can't forget it. The process to changing your password is different on every website. Create the password entry in keepass, then copy the generated password to the website when it asks for a new password and save the changes. I always follow this by logging out of the site and logging in again with this new generated password. If I did it wrong, I know right away and fix it. One more downside is that automation is spotty. In other words, for some websites, I can click CTRL+ALT+A and my password is auto-filled. On others this shortcut does not work. In a number of cases, I think the webpage is purposely trying to defeat automation to protect itself from bots. When the keyboard shortcut does not work, then I resort to drag-and-drop or copy and paste. This always works, but it's more work. If I'm teaching a novice, I prefer to have them use a method that ALWAYS works rather than letting them try to understand failure modes and yet another method. In the password manager, one can create entries for anything, but mostly, one entry equals one website that you visit. It has a shortcut name, your username, your password and a URL to the site. It also has a notes section that lets you put freeform text. For instance, you can note a PIN number associated with an account. Or, sometimes they ask me silly questions that I will never remember the answer to, such as What was the color of your first dog? I can just note Dog color: Blue in the notes and now it's remembered. When I create entries that are not passwords, I just ignore the other fields. Shortcut name and Notes is all I need for those. The password file itself is stored in a cloud directory, such as Google Drive, or Microsoft OneDrive, etc. This lets you access the same file from your phone, tablet, work computer or home computer. You just need an internet connection. Also, you can have a work password file and a home password file. The work password can be shared with trusted managers and they only have access to what's provided in that file. It allows you to run a robust password mechanism for your work remote logins. The number one rule for password managers is: DON'T lose the master password. There are no second chances, such as I forgot my password. Now, it's I forgot ALL of my passwords because they are locked away forever. (Yep, I have a dead lastpass account, but luckily, it only had 1 or 2 test passwords). I make backup copies every once in a while in addition to my normal backups (I'm paranoid). If you've not tried a password manager, it's worth trying now. Start with a small test. Practice and don't give up.
- 1 reply
-
- 2
-
Not at all. In every position that I've ever hired, I tried to find people who's job is their hobby. What a win when you can find this! They are reading about work at home, practicing work off-hours, even if it's some other random side-projects, and making themselves better overall. My wife and I have a slightly different diversion than you. We buy houses with really nice vegetation and landscaping, then systematically kill it all off. I do grow some mighty nice weeds though.
-
Another advantage to the Holding Company / Operating Company strategy is for asset protection. The real estate and all permanently installed fixtures are owned by the Holding Company. Should the operating company get sued, the liability is contained in that company. Further, in my 18 page lease I have defined (expensive) lease rates. The current defined operating company has negotiated a discounted lease rate. This discount ceases if there is any change in ownership of the operating company, except thru inheritance. It acts as a poison pill should the operating company get sued and ownership change hands forcibly. The goal is for any lawsuit to eat up the insurance proceeds only and then go away. They could find better lease rates anywhere else. The holding company has the most value and is isolated thru separate LLCs. The separation and asset protection is maintained by separate books, good insurance and most importantly by good operations practices inside the operating company. Since we can be sued for anything, having a layered approach is useful. With Marksas' approach, there is no comingling of the books, which is critical for proving that the Holding Company is simply a landlord and not involved in operations.
-
I want to know CarMax's Proprietary Secrets
bantar replied to bantar's topic in Dealing With Competition
I'm not sure if they are doing retail service work or not, but they have a dealer sized check in bay - about 18 cars. I was there about 2 in the afternoon, and it was empty, but I saw about (I think they were) 6 service writers and a receptionist. This might be the give me a buy price for my used car or a service area or both. Most of the CarMax's around here are very large (large dealer sized), so the service check in seemed reasonable for the size. -
Am I missing anything and a couple questions
bantar replied to torquedwrench's topic in General Automotive Discussion
Hi torquedwrench, are you KingOfTheCouch13 on reddit starting a mobile Uber for Mechanics business? -
I have a friend that provides NEW loaner vehicles. I told him that he should be providing well maintained used cars for his fleet. No reason to have that "new car smell" for your customers when you are selling maintenance services. The dealer uses new loaner cars as a sales tactic to sell more new cars. He says that his clientele drives nice cars and he should have nice loaner cars, but he's using new Corollas as nice vs expensive cars that his clients are driving.
-
I ran across this commercial today. I'd bet that Jay could top this.
-
I think the search timer is a bit too aggressive, or I'm moving too fast. I was searching for a term. It came back with 10+ pages. I found myself able to scan the search results much faster than the site would allow me to proceed. It appears hitting page 2 on the results is another search and page 3, etc. As long as I paused on any one page to look at a topic, it was ok. The error message was something like: You need to wait before performing a new search.
-
I want to know CarMax's Proprietary Secrets
bantar replied to bantar's topic in Dealing With Competition
Thanks, but ignore the floor. He would have shown me the floor, but he was afraid that I'd see the shop layout. He was alluding to the secret car repair techniques and procedures in their service shop. That was my question. If was sort of tongue-in-cheek as I doubt I would have learned anything new by looking inside his shop other than seeing his shop. He made it sound like they've invented touchless repair procedures that needed to be kept locked in a vault along with the KFC recipe. -
I visited a CarMax today, wanting to see their shop floor. About a year ago, they switched from epoxy flooring to polished concrete. So, in speaking with the Shop Manager, I was told that he would not let me into their shop because it was filled with their proprietary secrets. However, he was gracious enough to answer all of my questions regarding his year old flooring. At the end, I asked if I could just peek in to see the floor without looking at the goodies and it was a firm no. So, now, Inquiring Minds want to know. "Show me what you got!" I can't imagine anything in their shop that needs to be kept secret. Anyone seen the goodies?
-
As a frequent autobody shop user (just a few panels short of all 4 sides and tops), I've sought out non-DRP shops. I did this because I wanted someone on my side and that someone was not going to be my insurance company. I guess, this boils down to whether or not your customers are educated about DRP and in my experience, most are not. I'd sell them on the advantages, and enlist the customer on your side and then wait. The fact that the insurance company is immediately making it harder not to use their preferred vendor will convince many customers to choose a different shop as some will not want the aggravation. Keep the customer apprised of the status and let them help with beating up the insurance company. My insurer, State Farm, is only a day or two extra once the work starts and less than a week for the initial work. Of course, they are johnny on the spot, if your customer is owed towing. Some are worse than others. I'd ask why are you fighting it? I've seen some shops really embrace and promote their independence, but they have to have customer buy-in. It's their standard way of steering work to preferred shop so that they can reduce their costs. It's in their best interest for you to be mad and they hope the customer is only mad at your for not being a preferred shop. Again, prep the customer for the lies to be told by the insurance company and they'll call BS on the them for you. I think (guess) that non-DRP shops mostly provide better repairs because they have better cost recovery methods vs insurance cost controls slammed down the DRP shops. I remember reading that @Marksas has a body shop and he can give you better advice.
-
Internet Reliability - New Router
bantar posted a topic in Management Software, Web Sites & Internet
If anyone was ever to use a cloud based software offering, you generally get redundant hardware in the network which helps uptime. However, with cloud offerings, you are hosed if your internet is not reliable. Also, most of us only have a single wire entering our buildings that provides the internet connection. If it was severed, there is no backup. I've found a router that can help keep your business online if your main service goes down. It is called CradlePoint and the model that most businesses would want is the smaller AER1600. What's unique about it is that it allows you to install a wireless SIM card in the router. The router will automatically track the connectivity of your main internet connection and when it finds that the internet is down, it will automatically switch over connectivity to the wireless network. Then, when the outage is over, it will return you to the main connection. You would only pay for wireless data during an outage or however your wireless SIM card contract reads. I believe this router is approximately There are downsides to using this in failover mode. If you are reliant on a static IP address for certain services, then those services would go down. Your main internet provider is providing the static IP address, so if your main connection is down, so is your static IP address. This might impact things like remote access, remote security camera viewing and a few other services. Another downside to this is that your external IP address would be different at failover, so if you have any services tied to the external IP address, then these will not work. For instance, my state inspection machines are tied to the external IP address. They would not operate online until the main internet is resumed. While I'm on the topic of connectivity, shop wireless connectivity can sometimes be dicey. I've found a good wireless access point that is used in schools, office buildings and outdoor venues. It's scaleable to 100's of devices and has a directional signal (vs omni-directional) that puts more power towards the device communicating. Small businesses, typically need 1-3 units. It is called Ruckus Wireless AP Zoneflex R310. It's about $350. It has support for both public and private WiFi networks. I hope this is in the right forum. Internet connectivity and software go together in my mind. I've not used either of these devices, but will be purchasing both. I've done exhaustive research on them and believe that they are both worthy of consideration. I'm in no way connected to either business. I'd be happy to answer any questions on this subject if desired. -
Hi Guys. I've been lurking for quite a while, absorbing as much goodness as possible. Been trying to open a shop for the last 2.5 years and I've run into more road blocks than a collapsed mountain pass. I'm bruised but still moving forward. McKinney is a northern suburb of Dallas. One of the major challenges is finding a quality location for an auto-shop. Not welcome in many shopping centers, or too near residential, etc. Finally found a spot at what I believe will be a busy and frequented intersection in a high-end demographic. We broke ground in December and hope to be open late summer. It is a Kwik Kar store, which appears to be a franchise, but it's not. They license their name, build the stores, and sell supplies. I own the land and soon a building. I have no franchise fees, nor am I obligated to purchase anything from them, nor do I get corporate oversight (beyond maintaining the brand positively). 4 bays will be quick lube and 6 are for repair. In this market, it is a respected brand. But, I'll be honest, amongst others in the trade, it's not spoken of highly due to the quick-lube business. Where it matters, with customers, as best I can tell, it is respected. My focus will be on quality repairs. I expect the business to be 50/50 lube/repair, but 90/10 with car counts. When I first started looking at this, I thought that we needed another honest shop, but as I studied it more, I've come to realize that the market is dying to have another competent shop. I've been secretly shopping many different places and I've seen poor quality work being done for very honest reasons. While I'm there, I talk to anyone and everyone that will speak with me. And I was surprised by what I've found. The need for competency, and I put this blame squarely on the management. A great technician at a bad shop is not at his full potential. I'll say that I've learned quite a bit from reading the forums here and over at another technician forum. I feel like a paper tiger with all that I've learned (just about to walk into a paper shredding museum). I want to thank each of you for your contributions here. I've certainly valued your input. I'll try to share what I can and give back to the community as well. --brian
-
Too many choices in SMS..
bantar replied to Big_K's topic in Management Software, Web Sites & Internet
AutoVitals base package is just under $300/month. I had not heard of Gem-Car, but they've been around since 2001. What Gem-Car features are compelling to you? I'm meeting with another shop owner friend of mine tomorrow to discuss why he's chosen RoWriter and AutoVitals both as his system of choice. I'm going to definitely try to understand which of the two he values most given that RoWriter sees AutoVitals as a competitor and isn't being very friendly-like. I have a hard time seeing this overlay system add more value than confusion. But, it's working for him and Marksas, so there's something to learn about it. -
Markas said: Based upon my managers and AutoVitals conversations, ROWriter is becoming difficult to work with regarding the latest updates. Can I ask you to clarify this? Are you saying that ROWriter is getting nasty because they have a competing tablet offering and see AutoVitals as a competitor? I just demo'd AutoVitals yesterday and one of my concerns was the complexity of using 2 systems and the confusion that it might bring. What sold you on their overlay system? Interesting that of the two, you're more willing to toss ROWriter. It sounds like I'm looking for the same system that you want. UsedTireShop said: About AutoVitals. MINUS 5 Stars. I paid them $1,400 set up fee bought Ipads and after 6 months I decided to leave them. They are suing me for the remainder of the contact. BAD BUSINESS!!! I will NEVER go back to them. Do yourself a favor and get Mitchell, Bolt-on and GoToMyPc.com. The only grief I have with Mitchell ( and I will be posting more about) is the short Notes field. I failed to ask AutoVitals if they had a contract period. What is the length of your contract? May I ask why you abandoned AutoVitals? You saw value initially, but in practice it didn't pan out. I recently talked to ROWriter and they want to lock me into a 3 year contract, which made me nervous. The ROWriter sales lady was a bit pushy and upset at the world the day I talked to her. She's not called back and I've not called in either. I just started looking at MaxxTraxx today, but didn't realize that their software was cloud based.