2018 Business Planning Guide: Facilities and Equipment Checklist - Tire Review Magazine

2018 Business Planning Guide: Facilities and Equipment Checklist

You already know that running a business can be a challenge. To help keep things moving forward in a positive direction, we offer you this special 2018 Business Planning Guide.

You already know that running a business can be a challenge. It takes a lot of work to keep all of your plates spinning – balancing customers, employees, operations and cash flow against your long-term goals for growth. To help keep things moving forward in a positive direction, we offer you this special 2018 Business Planning Guide. Whether you use it as a reminder, a to-do list or plan of attack in preparation for the year ahead, we hope the information will further your success.

Facilities and Equipment

ο Be sure you’re using your space to its full potential. Look at the steps employees have to take to do routine tasks and find ways to minimize production time and increase efficiency. Consider the cost benefit of new equipment to help you do more faster. If you don’t have the room or the funds to expand, squeezing more efficiency out of the space you do have can be like adding an extra bay.

ο Inspect your equipment. Identify units that need to be repaired, replaced or removed, then set up a timetable to do so.

ο Review your partner agreements to make sure you’re getting the most from your equipment provider relationships. That might include taking advantage of training for your technicians, in-store displays, and other features or upgrades that may have been added since you bought what you have.

ο Develop a maintenance schedule. That includes everything from cleaning or painting the interior and exterior of your space, to performing maintenance on your major equipment, to optimizing your inventory levels and storage.

For more business planning checklist items, see our Business Values checklistTax and Legal checklistOnline Reputation checklistWebsite checklist, and Employee Handbook checklist.

To print an easy checklist of the full 24-point, 2018 Business Planning Guide click here.

You May Also Like

Tire Industry Labor Shortage: Improve This to Keep Employees

I’ve spoken to many representatives from manufacturers, wholesalers and retailers who report that techs, counter people, drivers and even white-collar team members have walked off the job, failed to report, or given notice, and their businesses have been impacted by these departures. This isn’t just a tire industry issue—and goes beyond the tech shortage that

Tire Industry-Labor Shortage-Great-Resignation

I’ve spoken to many representatives from manufacturers, wholesalers and retailers who report that techs, counter people, drivers and even white-collar team members have walked off the job, failed to report, or given notice, and their businesses have been impacted by these departures. This isn’t just a tire industry issue—and goes beyond the tech shortage that has plagued the industry for decades.

Consider Software Solutions to Streamline Operations

Representatives from several software providers share how solutions drive efficiency and profitability, as well as what to look for when considering a system in your shop.

software-solutions-stock
How Data, Analytics Can Boost Profitability for Tire Retailers

By collecting and analyzing data about a dealer’s sales history, inventory levels and market demand, data and analytics platforms can analyze the performance of each dealer’s store and recommend actionable improvement opportunities.

How to Start the PPP Loan Payback Process

For many PPP loan recipients, it is time to start the repayment process—or file for PPP loan forgiveness. Read on to find out which portion of your loan may be forgivable and how to apply for forgiveness, as well as how to start the repayment process.

Creating a Positive Work Environment

Larry Sutton of RNR Tire Express shares seven different practices that have helped him create a positive work environment.

Other Posts

Using Data to Enrich the Customer Experience

Attaching data or a number to a vehicle’s service record adds a level of transparency to the discussion, and moves it from an “opinionated upsell” to a true, fact-based service need.

Coats Tread Depth Data
Microlearning Makes the Tire Industry Smarter, More Profitable

Microlearning modules can be customized to company and team member needs, where participants can learn through their own experiences and at their own pace.

Setting Up for Success: The Importance of Onboarding New Employees

Onboarding serves to not only give a new employee practical information that they will need in the job, but having that information gives them confidence as they start out in their new position.

employee-onboarding
Online Reputation Management

Eighty-eight percent of consumers trust online reviews as much as they trust personal recommendations.

Online-Business-Management