Retirement Planning for Your Auto Repair Shop

Effective strategies for shop owners looking to sell or hand over their businesses.

Key Takeaways

Includes Excerpts From Interviews With Industry Experts

“Guys are just grinding it out every day and don’t think about retirement. All of a sudden on their 63rd birthday, their wife asks ‘when are you going to stop?”
Greg Bunch
Owner of Aspen Auto Clinic and CEO at Transformers Institute
“Don’t depend on the sale of your business to be your retirement. Prepare for retirement like you don’t even own a business.”
Bill Haas
President at Haas Performance Consulting
“If your business isn’t making a net profit and you aren’t paying yourself, you are in trouble when it comes time to value the business.”
Cecil Bullard
CEO at the Institute for Automotive Business Excellence

Shop Management Software

AutoLeap is a powerful all-in-one auto repair shop software that helps to keep complete track of your business – from scheduling appointments to managing technicians and generating invoices.