Upcoming Peer Group Meeting
check out our calendar for upcoming peer group meetings for your...Insurance Contract for Obtaining Your Inventory – Blessing or Curse? Part 1
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...Diary of and Identity Theft Victim- Two Tools to Protect Yourself from Identity Theft
January, 2009 Imagine receiving a visit from a local sheriff with a handful of your mail that he retrieved from a ditch. Consider how it would feel to get a welcome call from an account representative at a store in a city 1,000 miles away verifying that you have opened a charge account. The Federal Trade Commission estimates that 9 million Americans have their identities stolen every...Facing A Competitor Who Wants To Be The Low Price Leader
September, 2008 In the mid-eighties, I thought things were moving along pretty well for my business. One of my competitors was a former employee. He was a low-price provider. He bought cheap cars from individuals and sold parts for very low prices. I bought cars at auctions where I had to pay more for them in most cases. This competitor seemed to be doing a lot of volume, but I...What Does It Take To Start A New Auto Recycling Business?
Recycling story January 2003 I get lots of calls and emails from folks who are entertaining the idea of starting a new auto salvage business. I’ve had this story on my to-do list for some time but saved it until now so I could see how some of the new yards that opened in 2001 and 2002 fared. The jury is in, and it’s interesting. Opening a new yard isn’t nearly as hard as one might...Business Is Great!
I know there is lots of grumbling about the terrorist activity, the fall of the stock market, and the overall shape of the economy, and I am sure this has caused more fallout in some areas than others. All that said, BUSINESS IS GREAT! I hear it time and again. I have 11 tenants in the auto salvage business (disclaimer, yes, most are relatives), and all of them are doing great. Many had...Taming Your Inbox: 7 Tips to More Efficient Use of E-mail
E-mail can be a remarkable tool that boosts productivity or it can be a huge time waster. Mostly how well email works depends upon how skilled you are at effectively managing it. I would like to share some of the tips and tricks that have helped me manage the hundreds of e-mails that I get every day. Handle it once if possible: When looking over e-mail, I have a goal of getting it...December Peer Benchmarking Review Group
Our December Peer Benchmarking Review Group is almost full, email or call soon to assure your place in the room! Benchmarking, best practices, business study group, peer group, strategic planning, business development, mentoring, business...Cash for Clunkers: Good or Bad for You?
Recyclers have been talking about Cash for Clunkers, and whether it was good or bad for our industry. I won’t opine much, other than to say the answer probably depends upon how prepared you were to take advantage of the opportunities the initiative presented. Ever noticed that some folks seem to do well no matter what happens? A fire in their warehouse? Not a problem. They’re...