A Supreme Court Justice once observed that “the true symbol of the United States is not the bald eagle. It is the pendulum. And when the pendulum swings too far in one direction, it will go back.” This pendulum swing may be happening right now with regards to corporate profits and employee wages.

As investment bankers, we are often called upon to act as advisors on things like market timing. In other words, when is a business ready to go to market and what kind of reception will the business get once there? 

Michael McGregor breaks down the benefits he sees in mobile tire installation. He says the pioneers in the space seem to have a lot of mutual respect for each other and are sharing ideas as they build this industry segment. But they're also doing it their own way.

What's next for the largest independent tire dealership in the U.S. and its newest acquisition, the industry's largest online tire seller? Experts weigh in on the future of this "earth-shattering" combination in this MTD exclusive. 

It’s always true that the owners of a tire-related business know everything about their particular business, while the parties looking to buy it know very little. Whether you are a tire retailer, a commercial tire dealer or a wholesaler, it helps to treat potential buyers as if they were your customers.

Experienced, key people are worth their weight in gold and tire dealers need to do all they can to keep them. 

Darren McLea was perplexed. As the third-generation general manager of his family’s five tire stores in Sonoma County, Calif., he was feeling the pressure to open his company, McLea’s Tire, on Sundays. But he was already struggling to staff his high-volume stores the six days they were already open. 

This year and the last one saw continued growth among many large, strategic players like Monro Inc., GB Auto Service Inc. (now Sun Auto Tire & Service Inc.), Mavis Tire Express Services Corp. and others. With all of this activity, one wonders if these and other big operators will ever run out of acquisition or greenfield opportunities. 

As commercial tire dealers look to enhance their business values into the same stratosphere as retail tire dealers, some are looking at integrating the more profitable elements of retail business into their commercial operations. From a customer retention and profit perspective, this makes perfect sense.