Finance	I.T.	Marketing	Process	Sales	Talent	Technical

"A business that makes nothing but money is a poor business."
- Henry Ford

Running a successful collision repair business requires more than just the technical skills necessary to repair vehicles. A thorough understanding and practice of solid financial management skills is also needed. Through the Acoat Selected program collision repair professionals can learn everything from business financial basics to solutions for complex accounting scenarios. Regardless of your financial management skill level there exists an Acoat Selected course or consulting engagement to fit your needs. Entry level or seasoned professional, we have you covered.

We are proud to offer the following educational courses in this area:

Financial Analysis Overview (in-person)
An understanding of the primary revenue streams and making better selling and staffing decisions as a result is important. This class provides an understanding of how to calculate gross profit per revenue stream, actions to improve the results, and proven methods for realistically reducing operating expenses.

Paint by the Numbers (online)
One of the primary values of joining a performance group is the ability to compare the financial and operational performance of your business to similar businesses, providing the ability to identify strengths and opportunities for improvement. This course is designed to familiarize you with AkzoNobel’s Acoat Selected Standard Chart of Accounts, financial composite report, and basic Key Performance Indicators, to prepare you for financial discussions when attending AkzoNobel’s Regional and/or North American Performance Group conferences.

Paint Material Management (in-person)
This course is designed to enable collision shop owners to optimize the sale and use of paint materials. Specific issues addressed include low paint materials gross profit, concern over amount of waste generated, lack of an organizational system for supplies, amount of inventory on hand, lack of standards for GL coding, ratios to watch for optimizing material profits, lack of technician buy-in to help solve problems.

Understanding and Diagnosing Paint Material Profitability (online)
The objective of this course is to understand the role that materials play in a collision repairer’s overall profitability, and how to calculate and diagnose material profitability.

To register for scheduled in-person training classes or for online training, please visit www.akzonobeltraining.com.