finance Archives - Tire Review Magazine
K&M Tire Dealers Go ‘All In’ at 2023 Conference & Trade Show

K&M Tire provided the fun, prizes and resources to dealers during its annual conference and trade show.

Synchrony Offers Four-Installment Payment Plans Through Clover App

Synchrony announced that merchants will now be able to offer a short-term, no-interest installment option, Synchrony “SetPay in 4,” via the Clover point-of-sale and business management system from Fiserv, Inc. This buy now, pay later (BNPL) offering will further expand the reach of Synchrony’s payments and financing options and enable select merchants that use Clover to accelerate

consumer financing auto shop
What Your Credit Score Can do to Your Business

If you want to explain your business in the future, one thing you need to prioritize is your credit score. Having bad business credit can negatively impact your shop in many ways – from causing difficulties securing financing to getting approved for a lease. First, let’s explore what factors affect your credit score. What Makes

Credit Score Business
Bolt On Adds Text to Pay, Financing to NextGear

Bolt On has partnered with EasyPay Finance to provide repair shops using Bolt On products the ability to offer consumers flexible payment options.

Four Ways to Work Smarter in 2020

These productivity hacks will help your dealership work to gain profitability for years to come.

Sparks-Tire-Team-staff-1400x700
The Source of Stress in the Auto Repair and Tire Industry

Most dealers, especially multi-store operators, find themselves under enormous stress every single day because they are responsible for driving the numbers.

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.

How to Increasing Sales Tire Dealer
Tire Industry Financial Recap: Price Increases Continue, Highlights from Q3 2018

For 2018, tire manufacturers expect low single-digit volume growth after many have increased prices on their products.

Tire Industry Financial Outlook 2018
Tires vs. Service: Let The Data Speak for Your Future Profitability

By simply focusing on tire sales, you could improve your shop’s bottom line. This is proof.

Tires or Service Profitable Tire Business
Tire Industry 2Q Report: Threat of Price Increases Impacts Volume

Manufacturers are considering base price realignments in response to higher than expected raw material costs.

tire distribution outlook tire rack
You & the Law – What to Do when the Government Knocks

Even if your conscience is clear, your heart will probably start racing if government agents walk into your business. Here’s what you need to know.

Why Some Car Service Jobs May Keep Tire Dealers From Bigger Profits

Car counts keep your bays full, but does that alone pay the bills?

Oil change service tire dealers