Call For Entries For The ATMC National Excellence In Training Awards

The Automotive Training Managers Council (ATMC) has issued a call for entries for the 2014 National Excellence in Training Awards. The annual program is designed to highlight the importance of training to the success of the transportation industry by honoring highly effective or innovative training programs. The awards are open to any person or entity providing training in the industry.

The Automotive Training Managers Council
(ATMC) has issued a call for entries for the 2014 National Excellence in
Training Awards. The annual program is designed to highlight the importance of
training to the success of the transportation industry by honoring highly
effective or innovative training programs. The awards are open to any person or
entity providing training in the industry.

The submissions are judged by an ATMC
panel and awards are presented to programs that meet a prescribed level of
excellence based upon several criteria, including the program overview, needs
analysis, learning objectives, program materials/elements, delivery methods,
measurement of the program’s effectiveness and program maintenance.

The 2013 National Excellence in Training
Awards recipients include Bridgestone Retail Operations, Coordinating Committee
for Automotive Repair, KPA, National Alternative Fuels Training Consortium,
NAPA Auto Parts, NAPA Auto Tech and Penske Truck Leasing.

The application process is free to all
ATMC members; $150 for non-members. The deadline to apply is Sept. 1. Awards
will be presented in a special ceremony during the ATMC reception Nov. 5 during
Industry Week in Las Vegas.

For more information or an application,
visit the Awards tab at www.atmc.org or call 703-669-6670.

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.

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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