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ASA Special: New Members Eligible For Gift Card Drawing

The Automotive Service Association (ASA) is offering a "new member" special through Dec. 7, 2012. One lucky member will win a $100 VISA gift card - just in time for the holidays.
By Shop Owner Staff
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The Automotive Service Association (ASA) is offering a “new member” special through Dec. 7, 2012. One lucky member will win a $100 VISA gift card – just in time for the holidays.
            

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“There are so many benefits to belonging to ASA, and a chance to win the $100 gift card drawing makes joining now just that much better,” said B.J. Johnson, vice president, membership services. “A new member’s odds of winning the drawing are pretty good, as the contest is only open for about six weeks.”
            

Only new regular (shop) members are eligible for the drawing, and the annual dues amount must be paid in full. The contest does not apply to membership renewals or other categories of membership. The drawing will be held Dec. 10 and the winner will be announced in AutoInc. magazine, the official publication of ASA.
            

Repair professionals who have questions regarding the drawing or how to join ASA may contact the membership team at (800) 272-7467, ext. 361, Monday through Thursday. Or to learn more about ASA’s dedication to service and repair professionals and the benefits of membership, visit www.ASAshop.org. Members and nonmembers may access ASA’s online benefits portfolio directly at ASA.bizunite.com or through various links on ASA’s website.
            

The Automotive Service Association is the largest not-for-profit trade association of its kind dedicated to and governed by independent automotive service and repair professionals. ASA advances professionalism and excellence in the industry through education, representation and member services. For additional information, go to www.ASAshop.org, or visit ASA’s legislative website at www.TakingTheHill.com.

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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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