Increasing Sales at Your Tire Shop: Small, Effective Changes to Up Your Net Profit
A look at several common myths to growing your business and how they impact your shop’s profitability.
Chained to the Business: Ways to Detach and Enjoy the Spoils of Your Successes
Successful entrepreneurs believe they’ll be successful and are willing to risk almost everything in pursuit of making a living. What they often don’t think about is the time involved in running the business.
Digital POS Systems
While printed work tickets have always been around, a digital point of sale (POS) system might be a better fit for a growing tire retailer looking to enhance their efficiency and profitability. Even shops already using a POS system may be due for a reevaluation of their needs and wants for their system.
Running a Healthy Business
To say that tire dealers are hard working is an understatement. With every Top Shop feature, every dealer profile, every article for which dealers weigh in with their experiences, we hear about the level of deep dedication held by the vast majority.
Martin Takes the Gavel, Labor Issues Discussed at 2017 TIA Annual Meeting
A new president and board for the Tire Industry Association (TIA), as well as a resolution on the association’s position on federal labor regulations topped the 2017 TIA Annual Meeting earlier this week.
From Dreaming to Doing: Building Your Dream Shop
If you could build your dream shop from scratch, what would it look like? What features would it include?
What would you do differently?
Dream Shop Advice
Here’s some advice for those of you who might be considering investing in your shop in the near future and bringing your vision to life.
Park Passes on Kumho Tire Buyback, Doublestar Poised to Buy Company
Kumho Asiana Group Chairman Park Sam-Koo announces he will not exercise his right of first refusal to repurchase Kumho Tire, the Korea Herald reports.
Doublestar Forms Consortium to Buy Kumho
Qingdao Doublestar’s finances are now in doubt after the Chinese tiremaker reportedly took out a large loan and set up a consortium to acquire the 42% controlling stake in Kumho Tire, Korean media reports.
Knowing What Numbers to Watch
There’s an old expression that says, “If you’re not serving a retail customer, you’d better be serving someone who is.” I can’t take credit for that line, but have used it extensively over the years in this business. Everything starts with a sale, and if you’re not at the counter dealing with the end-user, then
