Knowledge Base

AVIDWORX Knowledge Base is a free resource we provide to retailers, with retail tips, marketing strategies, industry news, best practices, reading recommendations, networking opportunities and more. Check back frequently.
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You may be aware that AVIDWORX (and businessWORX) host dozens of workshops at 12-volt and mobile electronics industry every year, while also publishing a weekly business tip on the AVIDWORX blog and Facebook. What you may not know is that …

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  Welcome to the AVIDWORX Knowledge Base. This is resource area for retailers to learn best business practice and discover what is making some of the most successful retailers in North America so good. We have also included some basic …

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  Note: This is an update from a previous tip on the same topic. One thing that successful stores tend to do is shoot a lot of movies – a lot of live Facebook broadcasts and a lot of pre-taped …

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One of the golden rules of business is that you should never get into business with friends, relatives or neighbors – you don’t want to mix those two worlds, or create any kind of animosity over differing priorities or management …

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While there’s something to be said for a nice, clean balance sheet at the end of the month, it’s always nice to have a little more information on where your money is coming from – and also where it’s going. …

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Users can also send out review requests from any device, no desktop app required   Starting immediately, all BUSINESSWORX Essentials and REVIEWORX subscribers will be able to collect more reviews on Google, Yelp and Facebook. As well, visitors to REVIEWORX …

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Bad credit happens to good people – and especially to young entrepreneurs who are learning business the hard way. Ordinary people have a hard time keeping a good credit score, and all they have to worry about most of the …

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All the talent in the world doesn’t mean anything unless you have the self-discipline and willpower to put it to work. For example, you could be the greatest musician in the world but unless you have the discipline to actually …

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The end goal for any business owner is to get to the point in size and revenues where you can step back and let other people run your business, freeing you up to manage operations and plan for the future …

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With BUSINESSWORX, we’ve made it easy for 12-volt retailers to get a good look at their most important daily numbers – their customer acquisition cost, their revenues split between new and existing clients, their projected end-of-month revenues, their email capture …

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One thing that became clear during our recent KnowledgeFest educational sessions is that a lot of 12-volt retail owners came into the industry as installers – and still spend a lot of time in the installation bay. In many cases, …

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  One of the most important events of the year for the 12-volt/aftermarket automotive industry is KnowledgeFest, the Mobile Electronics Retailers Association’s annual expo, education and awards event. Retailers come out of the event inspired, with new ideas and new …

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One of the best marketing investments a retailer can make is connecting with their local communities of enthusiasts, whether it’s showing up at an informal Cars & Coffee event for street cars, taking part at an ATV rally, or setting …

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Business owners usually have too much on their plates to keep a close eye on the numbers that are going to have the greatest impact on their business. And the worst time to review these numbers is at the end …

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  To quote the great Donald Rumsfeld: “…there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But …

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  Every retailer has a lot of different options to market their store. A lot of stores are investing heavily on the web through systems like Google AdWords and Facebook’s paid advertisements, or are investing in SEO measures and newsletter …

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  Most of the stores we work with are rock stars when it comes upgrading vehicles, taking apart the latest models and installing the latest upgrades. But when it comes to the other side of business – actively growing revenues …

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