Snap Finance LLC has created a COVID-19 microsite to help businesses achieve success during the pandemic. The portal contains links to information about the CARES ACT, Paycheck Protection Program loans and other resources.
"None of us in the business today — and probably the last couple of generations — has had any kind of experience” like COVID-19, says Dominic Umek, group business leader at Cleveland, Ohio,-based Conrad’s Tire Express & Total Car Care.
If you’re like most of your peers who also are adjusting to life during COVID-19, you’ve probably spent most of the last two months making sure your employees and customers are healthy and retooling your business practices to protect your bottom line.
Nineteen new U.S. stores started flying the Point S banner in 2019, and they helped the group increase its sales by 10% for the second year in a row.
It has now been seven years since the latest changes in European tire label legislation came into effect.
In the March 2020 edition of Modern Tire Dealer, Mike Townsend discussed how clearly communicated expectations can create a culture of accountability at your business. In this article, Townsend discusses how to set goals that will generate positive results.
Does any of the following sound familiar to you? “No one is going to put their credit card information on the internet.” “Buying tires online is a hassle. You have to wait a week to even get the tires.” This is what tire buyers — and maybe even you — were saying years ago. All of that has changed.
I run across a lot of 50-year-old tire dealerships that have a mix of businesses, like the retail tire dealership that opened a warehouse to deliver tires to its stores and then started wholesaling to get more volume, better pricing, and more cash profit.
The current crisis has brought about once-in-a-lifetime funding options for your tire dealership, but there are other more traditional resources that have supported your tire business for generations that shouldn't be overlooked.
Al Howard, who founded Howard Tire in Belmont, Calif., in 1962, died on May 3 at the age of 82. Under his leadership, Howard Tire grew to seven locations in the San Francisco, Calif., area, and also included one of the largest wholesale tire operations in northern California during the 1980's and early 1990's.
As more automakers restart their production lines after a nearly two-month shutdown, Rich Elliott at Indy Tire Centers Inc. dba Best-One of Indy thinks there will be a silver lining for independent tire dealers. He expects tire suppliers to have plenty of capacity to serve the replacement market.
Tire Source is getting a boost from what may seem like an unusual partner and platform — the company that owns the nation's TV shopping channels QVC and HSN.
Monro Inc. will release its fiscal 2020 fourth quarter and full-year earnings on Thursday, May 28. The company will host a conference call and audio webcast that day at 8:30 a.m. Eastern Time.
Starting one tire dealership from scratch is tough enough. Imagine starting a second one — after sitting on the sidelines for five years! Steve and Cindy Moeller can tell you all about it.
As a business owner, you understand the importance of managing and protecting your tangible assets, such as your property, inventory, equipment and employees.
Members of the Tire Industry Association (TIA) gathered for their annual awards ceremony on Nov. 4, before the start of the 2019 Specialty Equipment Market Association (SEMA) Show and the Global Tire Expo.
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