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ATMC Announces 2011 Conference Dates

The Automotive Training Managers Council (ATMC) will hold its Annual Conference April 11-13, 2011 at the Inverness Hotel and Conference Center in Englewood, CO, in the Denver metropolitan area. Registration is open to all individuals with an interest in automotive training.
By Shop Owner Staff
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The Automotive Training Managers Council (ATMC) will hold its Annual Conference April 11-13, 2011 at the Inverness Hotel and Conference Center in Englewood, CO, in the Denver metropolitan area. Registration is open to all individuals with an interest in automotive training. The two-day conference format is designed to accommodate busy schedules and streamlined budgets. Events will begin with a welcome reception Monday evening and will wrap up by noon on Wednesday. “Our presentations this year will focus on new technology that can be applied to practical training needs today, as well as technologies on the horizon that show promise for training applications”, said David Milne, ATMC president. “The conference always provides an excellent opportunity for training managers and developers to step outside of their company surroundings to see what others are doing.”

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In its second year since reorganizing the organization’s structure, the Council has been growing rapidly and the conference will provide members and guests the opportunity to meet, network, and enjoy the spirit of fellowship and sharing with which the ATMC has become synonymous. For more details, visit the ATMC website at www.atmc.org.

ATMC is a non-profit organization dedicated to the advancement of training and professional development within the automotive service industry. A member of the ASE family, ATMC helps members keep up with innovations in automotive training delivery by facilitating interaction among its members and serves as a leadership forum for training professionals to promote world-class training standards in the automotive, heavy duty and related industries through the sharing of best practices. For more information about ATMC, visit the website or call (7030) 669-6617.

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When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

By Art Blumenthal
Leveraging more than 30 years of experience as both an aftermarket business owner and aftermarket technology executive, Art Blumenthal LLC provides business intermediary and advisory services to both buyers and sellers of industry businesses of all sizes. Art is a member of IBBA (International Business Brokers Association, Inc.). For more information, or to initiate a no-obligation confidential consultation, visit www.art-blumenthal.com.
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Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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