As we approach a new year, we often assess our personal situations and possibly make “resolutions” for the New Year. Businesses create budgets and set goals. Business owners decide whether to expand their facilities and staff, or to recalibrate their business to protect profitability. Our view of the general economy affects both individual and business planning processes. The outlook for the Collision Repair Industry, as well as our local economies, also influence these decisions. In this edition of IMPACT Collision Solutions, we will touch on a few of the economic factors as well as trends in collision repair that may influence future business decisions.
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