Grow Your Business Performance group meetings are focused on short and long-term strategies, how to market more effectively, invest wisely and execute value propositions that lead to market share acquisition. The Result: On average, BASF performance group members achieve double-digit growth, year after year - despite being in flat or declining markets. Strengthen Your Business Financial composite reviews and profitability analysis during and between group meetings expose the best practices that make a business more profitable. Better profitability strengthens your business and increases its value. The Result: The average BASF Performance Group member earned an additional 2.5 points of total gross margin from one year to the next. Improve Your Sales Roundtable discussions centered on closing ratios, customer service, writing better estimates and vehicle owner marketing, assist BASF group members in making the most of the available sales in their market. The Result: BASF performance group members improved selling techniques resulting in an average of 12% sales increase. Improve Your Operations Meeting agendas include guest speakers, special group projects and business tours that are dedicated to improving cycle time, quality control, standard operating procedures and administrative efficiencies. These topics allow group members to achieve higher levels of productivity. The Result: Most BASF Performance Group members experience an increase in overall productivity of over 10%. Improve Your Margins Performance benchmarking, goal-setting and group dialogue on the fine art of procurement assists members in lower cost and improving competitiveness. The Result: BASF Performance Group members, on average, improve their gross margins on parts and paint and materials by over 2% within their first two meetings. Enhance Your DRP Relations. Confidential and candid discussions on direct repair program (DRP) relationships provide business strategies conducive with growth. Groups explore ways to market their business to gain more DRP’s and market share. Guest speaker appearances from senior level claims and occasional headquarter tours; provide insight on insurer’s perspectives. The Result: Members in BASF Performance Groups possess a deeper and more accurate understanding on how DRP’s affect their business and which DRP’s are best for their business goals. Stay Ahead of Your Competition Industry analysts are routinely included on meeting agendas to provide members with the latest trends and forecasts in the collision repair and small business industry. The Result: BASF Performance Group members have a good read on their market, know what to focus on next to be marketable, understand where the industry is going and how to out perform competition. Shorten Your Learning Curve Member presentations offer triumphs and tribulations, contributing tips, short cuts and hind-sight to pay plans, shop layout and design, when and where to buy a second location, lean manufacturing, management systems and other industry topics. The Result: Performance Group members in the BASF program achieve innovative business advancements with faster results, less costly mistakes and more efficient implementation. Work on Your Business More, and In Your Business Less Group projects and meeting sessions dedicated to well thought out business plans, financially secure exit strategies and the systematic building of a professional management staff, properly prepare members for the day when they no longer want to repair vehicles. The Result: BASF group members prepare early in building business value, allowing them to choose between being an absentee owner or to sell at a price that reflects the value they have built. Receive Business Consulting from 15 to 20 Experts The best "experts" in the collision repair business are those who do it everyday successfully. Each BASF group possesses 15 to 20 operators that have already achieving success within their markets and are willing to share their wide range of expertise with their peers. The Result: The value of 15 to 20 experts, focusing on a member's business, throughout all aspects of business. To receive more information and register for membership, contact your BASF sales representative or click here and we will have someone contact you!