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New NACE/CARS Website Is Live; Hotel Reservations Open For Detroit Event

Now in its 32nd year, NACE/CARS 2014 will feature numerous opportunities for technical training, business education, demonstrations, networking and technology showcases for stakeholders, owners, managers and technicians in the collision and service repair industries.
By Shop Owner Staff
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The new website for NACE and CARS are now live at www.NACEexpo.com or www.CARSevent.com.

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Dan Risley, ASA president and executive director, stated, “With so many new things happening around this long-standing conference and expo, it was important to roll out a new website. The event has so many positive changes in training, education and displays, and they are now accurately reflected by this site.”

Now in its 32nd year, NACE/CARS 2014 will feature numerous opportunities for technical training, business education, demonstrations, networking and technology showcases for stakeholders, owners, managers and technicians in the collision and service repair industries.

Highlights of the new site include a modern look, easy navigation, quick response and a parallel mobile site. Updates on the show can be found on the home page of the site and via social media channels. Visit the homepage of the website for complete social media channels.

Hotel reservations can now be made via the Travel section of the website for the week of July 27 and all events taking place during “Industry Week” in Detroit. These include the many board and association meetings Monday, July 28; the CIC meeting Tuesday, July 29; I-CAR Conference 2014 and Gala, 35th Anniversary Networking Event Wednesday, July 30; and NACE/CARS 2014 Conference + Expo, Wednesday, July 30 through Saturday, Aug. 2.

The official hotel partner for NACE/CARS 2014 and “Industry Week” is Travel Planners. The best rates have been negotiated at nine hotels in the downtown area, and Travel Planners will manage those hotel blocks. There are other groups promoting hotel reservations during the week but they are not affiliated with NACE/CARS, nor can they offer the same discounts. Questions or concerns about housing can be directed to Travel Planners at 800-221-3531 or by visiting the official website Travel section to make an online reservation.

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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.

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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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