Shops in Crisis? The Tech Shortage
You’ve heard about it. You’ve read about it. Perhaps you’ve experienced it. It’s ‘The Tech Shortage,’ the most critical personnel issue facing businesses involved in automotive repair, including tire dealers. It’s a disaster waiting to happen. Or is it? Facts are facts. Perception is quite another thing. In this two-part series, we will define the
How Much is Your Business Worth?: A Solid Valuation is Important to Growth Potential and Your Exit Plan
Can you answer that question? Perhaps not, but I’ll bet you know how much money is in your wallet. That’s because you wouldn’t dream of managing your day-to-day financials without knowing how much cash you have on hand. And, the same is true for running your business. You can’t possibly operate a business worth hundreds
Disaster!: How to Survive When One of Four Businesses Perish
In the movie Forrest Gump, the lead character steps to the curb, scrapes stuff off the bottom of his shoe and says, “(Bleep) Happens!” What would Forrest say about a business that just stepped in it – or was just stepped on? “Disaster Happens!” You can’t prevent disaster, but you can survive it. What will
Industry Report
Reports Say Georgia Site of Planned Toyo PlantIt’s existing capacity stretched to the limit, Toyo Tire & Rubber Co. took a giant step forward, announcing on Feb. 17 plans for a new $150-million passenger and light truck/SUV tire plant that would come on stream in 2006. News reports out of Atlanta in early February indicated the company received approval to build the plant in Bartow County, Ga., about 60 miles north of Atlanta. Toyo said the plant would have the capacity to produce two million consumer tires per year.
Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Industry Report
It took seemingly forever, but NHTSA finally issued final tire performance and testing standards in late June – more than a year after its initial proposal was revealed. The new standards feature more stringent performance test parameters, including a controversial low inflation pressure test provision.
Uplifting Profits
With the Right Approach, Lifts Can Be More Than Just a Capital Expense The right lift can make all the difference in your shop. Just having one can increase profits. If you’ve got the right lift for the service work you do, however, your profits could be even better. I once worked in a shop
Industry Report
NHTSA Delays Standards, Faces Suit
Industry Report
Bozarth Riding Into the Sunset on Heels of Last Annual ITRA Show