Bing Wong, Managing Partner at Collision Builders, explores key things body shop operators need to know when considering growing their business through an acquisition. Listen as Bing talks through the benefits of growth through acquisition, what to look for in potential targets and how much you should expect to pay for a business. He even discusses top tips on deal structure and 3 specific things to avoid when buying a shop.
The IDEAS Collide Showcase features fast-paced presentations designed to stimulate thought, innovation, and resolution of business challenges with brash, outspoken, and provoking concepts from thought leaders both in and out of the industry. This presentation was delivered during the 2023 SEMA Show and put the spotlight on individuals and companies with topics that rattle the status quo, and ambitious ideas that could have a transformative effect on the industry. Hit the thumbs up to subscribe and be notified as more IDEAS Collide sessions are released and visit https://rde.scrs.com for more Repairer Driven Education sessions from SCRS.
