Business
Panel: Bill Haas, Hass Performance Consulting Tom Ham, Autocentric and Automotive Management Network, Grand Rapids, MI Greg Skolnik, Motor Works, Rockville, MD Bill Nalu, Interstate Auto Care, Madison Heights, MI Talking points: Some back-office workers aren’t at work. They can work remotely Some states have loans and grants Greg Skolnik is applying for SBC application. He is getting in line and does not know where it will goHe wants to look at all options If you apply for the loan, you may not know what you will get Line of credit is an optionYou usually get a line of credit when you don’t need the money Banks offer lines of credit based on the strength of your financial position Once your financial strength is strong (you’ve prepared) apply for a line of credit with your bank Don’t attach yourself to the negative vibes coming out. Don’t be part of the fear-mongering Consider getting debt free going forward that will allow any economic downturn easier to absorbConsider Dave Ramsey Financial Pease University to help get yourself out of debt Work with your local businesses to help the community Follow the most common sense guidelines Too many people ignoring the do-right rule. Covid-19 must be taken seriously Is your waiting room open or closed?Bill Haas does not believe in waiters Tom Ham does believe in waiters Bill Nalu believes in waiters They all believe there can be a touchless relationship as Covid-19 continues Protecting your people is very important Waiters are there to leave.Must disinfect and wipe down the waiting room There is more to wipe down than to worry about your waiting room It is difficult to sell to waiters TouchlessPick-up keys in a lockbox Pay to text is a great option We are adjusting to the abnormal. Each day is different Parts delivered to a special table or place where the delivery person does not enter to deep in your space Expense review. Two columns. What you must pay and what you can ask for time.Talk to your landlord and ask for some relief Insurance’s of all types need to be paid on time Communicate with any creditor before you decide not to pay them. Tell them you are there and doing business Follow all conversations with your creditors with a letter. Keep in front of all creditors If you have cash reserves you can spend them wisely to keep your staff Your business interruption insurance may not cover what we are going through nowLook carefully at your next renewal Don’t lose sight of a continuing strong marketing planIf you are open you need to tell your customers and market Don’t let your customers assume you are open. They will think you are closed We are open, how can we serve you Make phone calls to every client Plans need to be made. Must be fluid and over-prepare. You need a plan for two weeks out, 30 days out and 45 days out. They are dynamic and will change Tom ham is optimistic and sees a huge opportunity aheadIt will not be behind us until the vaccine is out. We need to learn how to live with it We need to find the opportunity in explaining to our customers that they don’t need the car debt but need to fix their vehicles Grek Skolnik schedules appointments like the dentist do. It works for him and smooths his forecastsPeople are not hibernating, but he has conditioned his customers to come in for scheduled work/maintenance What is an optimist, today? Caution:Some shops will close. It may be the best thing to do for their business. They will re-open when it is time. Some may close for good The decisions you make are for the good of you, your family, your people, your customers Listen to Text to Pay Episode Here. (https://remarkableresults.biz/remarkable-results-radio-podcast/e495/) https://disasterloan.sba.gov/ela/information/index...