Upcoming Peer Group Meeting...

check out our calendar for upcoming peer group meetings for your...

Know Your Banker!...

In my book, I devoted an entire chapter to banking relationships. When I started out in business, with one employee in a 10’ x 20’ portable building, which was financed, I quickly learned that I would have to use someone else’s money to grow my business. (Since I didn’t have any) I learned quickly how to manage my credit and how to survive with minimum cash flows. There is...

Clearly Defined Structure...

My company had the reputation of being structured and disciplined. I set guidelines and stood by them. I set goals and strove to reach them. I’ve had employees tell me that they were intimidated at first when they considered coming to work for me because they were unsure about the “rules” thing. Auto dismantlers don’t like working from a list of how they should go about taking...

Insurance Contract for Obtaining Your In...

Part 1 of 3 This is a three part article, watch the next two months for the remaining portions. We get lots of inquiries about the pros and cons of an insurance contract for obtaining inventory. Also, due to the high cost of selling through pools, many insurers are considering contracts again. Likewise, recyclers are looking at their high costs and considering alternatives. An insurance...

Strategic Thinking: A Habit That Pays Di...

Strategic thinking means asking yourself the short and long-term effects of every major business decision you make. Strategic thinking is a habit. The value of strategic thinking was brought to light for me during my time with the United Recyclers Group, a limited partnership of 300+ auto recyclers that I helped create to pool resources and address industry issues. Most of the other...