Considering the push for smart and electric cars, auto repair services are in the midst of a rapid evolution. Consumers also want individualized components including custom paint jobs and revamping classic cars. Insurance companies are the giant intermediary when it comes to repairing a vehicle damaged due to a collision. They can take weeks to remit payment to your auto repair or body shop business. The payment time also depends on the accuracy of the paperwork filed by the customer. Meanwhile, you still have financial liabilities to meet and a profitable business to run. New cars mean new equipment and additional training for your employees so they are knowledgeable about all of the most recent developments in the automotive industry.