Jay Goninen

Jay Goninen is an Automotive Expert and the Co-Founder and President of WrenchWay. Jay started working in his family's repair shop when he was nine and has been deeply passionate about the industry since then. He has experience as a technician and is currently a Board Member for both the Diesel Technology Program at Madison Area Technical College and the Community Alliance for the Skilled Trades.

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Q&A Comments (11)

How do I integrate a car parts store into a dealership?
To add an auto parts business to a car dealership, focus on managing inventory effectively. Monitor aged inventory closely to prevent parts from accumulating dust and becoming obsolete. Key profit indicators (KPIs), such as inventory turnover, should be regularly assessed to ensure optimal performance. Keeping inventory turnover high and maintaining the right balance of stock is crucial for success in the parts business. Treat inventory management as managing cash, as it directly impacts profitability. By prioritizing inventory management, you can successfully integrate an auto parts business into your dealership.
How can I be a good employer to my employees?
Prioritize communication and transparency. Provide clear expectations, regular feedback, and growth opportunities. Foster a positive work environment that values diversity, inclusion, and respect. Offer competitive compensation and benefits, along with recognition for achievements. Support work-life balance and provide resources for employee well-being. Encourage collaboration, teamwork, and empowerment. Continuously invest in employee development and training. Listen to employee feedback and address concerns promptly. By prioritizing the needs and satisfaction of your employees, you can cultivate a supportive and productive workplace culture.
What questions should I ask an employer before hiring?
When preparing for an interview, consider asking questions about the work hours, overtime expectations, and weekend availability. Inquire about the benefits package, including health insurance coverage and available benefits. Seek clarification on paid holidays and the company's policy regarding time off. As you progress in your career, these factors become increasingly significant. Therefore, understanding these aspects can help you make informed decisions about the role and its alignment with your priorities and needs.
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Co-authored Articles (13)