Ratchet+Wrench Radio

Ratchet+Wrench Radio offers four tracks each month that explore the industry's biggest trends, most pressing topics, and the leadership and business management tips and strategies you need to thrive.

Episodes

Jun 25, 2018

17 min

No two shops are the same, and various factors can determine a shop's efficiency numbers. However, there are universal tips that can improve one of the most crucial KPIs that determines profitability. To help, Andy Fiffick, owner of 10 Rad Air Complete Car Care locations in the Cleveland area, lays out how he builds his shops from the ground-up for maximum efficiency and how he coaches his team to maximize the KPI.

Jun 18, 2018

40 min

Is there truly a technician shortage? According to Grow host Rissy Sutherland, there are just as many if not more men or women entering tech schools. The issue is there aren’t enough people staying in the industry after tech school. In June’s Grow podcast, Sutherland speaks with two members of NASTF’s Road to Great Technicians board, Jill Saunders and Donny Seyfer, whose objective is to recruit new technicians, train them, and communicate their findings to the industry.   Saunders and Seyfer detail the work they’re doing with NASTF, and how shop owners around the country can get involved.

Jun 11, 2018

23 min

In this month’s edition of the Lead podcast with Ratchet+Wrench Radio, Aaron Stokes discusses how shops can get through slow days and slow periods. Stokes discusses the misunderstandings most shop owners have about slow periods, how to best prepare for them and how to keeping your cool and keep your staff in check when you experience a downturn.

Jun 4, 2018

29 min

This week, Ratchet+Wrench is launching the “How I Did It” series, where we look at some of the most successful shop owners throughout the industry, and the obstacles they overcame to take their business to the next level. Our first guest is Brian Sump, a former professional athlete who had no business experience prior to owning Denver-based Avalon Motorsports in 2007. Since that time, Sump has turned the German-specialty shop into what a number of industry consultants consider to be one of the best repair facilities in the industry. Additionally, he launched Klasse Auto Rentals to supplement Avalon, and launched a second facility, Denver-based Urban Autocare in 2015. Sump goes over the calculated risks he took to take his businesses to the next level, and discusses how he improved his business acumen as he slowly grew his shop.

May 28, 2018

41 min

In this week's Innovate podcast, Chris Cloutier, shop technology expert and owner of Golden Rule Auto Care, joins the show to discuss the timeline of a shop's technology.  Cloutier created his own site to go over this topic, and he walks through the timeline's three stages, including where your shop is now, and where it can be. The further along on the timeline you are, Cloutier says, the more efficient and productive your shop can be. Stage One (3:26): Stage one covers the vast majority of today's shops. This is the inescapable technology, like your shop's website, or online reviews.  Stage Two (10:10): Shops in stage two know they need to embrace technology, and leverage it in their day-to-day operations. These shops have already embraced software like automated workflow, or digital vehicle inspections.  Stage Three (30:04): These shops are in what Cloutier calls the advanced category, and are the 1 percent. These early adopters may have already included cloud based SMS software, or telematics into their daily operations. 

May 21, 2018

20 min

What do customers think of when they see your logo? In this week's episode of the Lead podcast, Aaron Stokes discusses his thoughts on branding and how you should represent yourself to your surrounding community. 

May 15, 2018

35 min

On this week’s Grow podcast, Rissy Sutherland brings in two guests to discuss a vital marketing tactic for any shop—developing a presence on social media, specifically Facebook. Tim Rodifer, owner of Milex/Mr. Transmission in Johnson City, Tenn. has built up a following of nearly 10,000 likes on Facebook. He now receives about 20-30 new customers per month, mostly done through internet advertising like Facebook and pay per clicks. Rodifer discusses the important balance in getting new customers through Facebook without losing the old, along with putting out Facebook ads that get the biggest return on investment. Additionally, Rodifer shares the lessons he learned in how to build relationships with his customer base through social media. Dorothy Freeman Self, founder of DFS Creative Concepts in South Carolina, discusses the importance of social media and why it’s a worthy investment for any business. She’ll go over how a shop can establish an audience on Facebook, and how you should create content that resonates with that audience.

May 7, 2018

26 min

Over his 17 years as a shop owner, Greg Bunch, owner of five Aspen Auto Care locations throughout central Colorado, has mastered the art of measured business expansion. In this week's Innovate podcast, Bunch details everything a shop owner considering expansion should keep in mind. Bunch says that, from reports he’s seen, 58 percent of shop owners want to be out of the business by 2020. In the next few years, there will be a tremendous opportunity for shop owners who want to go multi-store by buying out competitive shops. To reach this point however, it’s vital to focus on building your business’s foundation, to ensure that success can be duplicated somewhere else. Bunch details how your shop can construct a “franchise manual,” and how you can find another location that best positions your brand for future success.

Apr 30, 2018

15 min

Jim Lang, industry guru and president of Lang Marketing, joins the show to discuss three major issues that will impact the independent repair industry in 2018 and beyond. 1:20: Lang discusses Tenneco purchasing Carl Icahn’s Federal Mogul in a $5.4 billion deal. What does this mean for Icahn’s empire, and where do independent shops fit in? 6:00: Several months ago, Lang put out a report dissecting how dealerships have steadily been gaining a larger share of the repair market. Lang details why dealerships have been taking more of this market share, and where independent repair shops still have the upper hand. 11:00: Lang discusses the future of ride-sharing and autonomous vehicles, and how it will impact the automotive repair industry. 

Apr 23, 2018

42 min

Knowing who you want to target as a desired customer base is a vital aspect in making your shop as successful as possible. Kim Auernheimer, owner of CS Automotive in Brentwood, Tenn., learned this firsthand as she shifted her customer base from value-focused customers, to more affluent customers who were willing to pay more for quality service.  In this month’s Innovate podcast, Auernheimer goes over the keys to narrowing down and capturing the customer base that will be most beneficial to your business. This involved completely rebranding her shop, increasing labor rates, and taking a deep dive into her community's demographics. 

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