This course is designed to assist in market research, project analysis, finance options, and project management when considering adding additional locations. This multi-faceted session will assist the increasing number of collision repair professionals who are planning to build or acquire additional repair centers. We will discuss Greenfield, Brownfield and Acquisition approaches. Tools to help with projecting start-up costs for office and body shop equipment, buildings, and needed operating capital will be supplied and reviewed. Our best practices regarding adding locations will also be presented. In addition, you will receive expert advice on financing options and requirements of the banking community for this type of expansion.

Approval Date: 07/05

Akzo Nobel 8 credits; 4-hour course Specialty: