Accountant Alternative
While some business owners choose to handle the books themselves, others appoint accountants. Still others hire someone called a “daily money manager....
Advantages of Having a CPA
A certified public account (CPA) can provide a wealth of services to your company, including business advice and technical assistance. The key, of cou...
Avoiding Audits
Though the IRS randomly selects returns for audit review, it will tag certain returns because of “suspicious information” or deductions. To reduce you...
Be Careful With Your E-mail
Don’t push the button to send an e-mail message until you have carefully proofed it and considered all the ramifications. A few years ago a Colorado b...
Beware the Low-Ball Bid
In the competitive insurance business, any number of carriers will "low ball" a bid, dramatically under-bidding other companies in an attempt to buy y...
Brainstorming Business Strategy
Experts recommend that you, as a small business owner, set aside a substantial amount of time to get together with key members of your business and de...
Buy or Lease Equipment?
Need a new balancer, air compressor or nitrogen generator? Where will the funds come from? Several business advisors recommend that independent busine...
Buy or Lease?
The decision to buy or continue leasing your building should be based purely on business factors. And the decision should be made only with the advice...
Choosing A Financial Advisor
Running your shop day-to-day is hard enough, but dealing with financial issues might just push you over the edge. A good financial advisor can help.
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Commit to Safety
As a business owner, you may want to put together a safety manual to give to employees when they are hired. The safety manual should highlight and exp...
Controlling A Tight Schedule
Are you taking on too much and sabotaging your creativity? It happens. Take a look at your time schedule today. Is it so jam-packed that you don...
Curbing Absenteeism
To avoid the potential for decreased productivity, customer dissatisfaction, overtime costs and reduced morale, independent tire dealers should consid...
Cut Health Insurance Costs
While independent tire dealers have little control over the rising costs of health insurance for their employees, they may be able to offset all or pa...
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Develop Your Work Plan
Most tire dealers believe there is no time to plan. Or, they fear that their best guesses about time and costs will be void if they dare to commit t...
Hiring a Bookkeeper
Tire dealers can gain much from keeping their company finances in tip-top order at every stage of growth. Eventually, any successful small company wil...
Insurance Must-Haves
Business experts say that independent businesses generally go through three distinct growth stages, and the amount and type of insurance a business ne...
Making Deep Cuts
Instead of reducing your company’s overall budget by incremental amounts, try a new approach to cost cutting, one that is more expansive in nature. Re...
Mapping Out a Future
Big firms aren’t the only ones that can do financial forecasts. Even a single-location tire shop can project financials for the years ahead.
Financia...
Mitigate, Don’t Litigate
Has someone accused your dealership of discrimination? Want to save money, time and big headaches? In today’s litigious society, it pays to look into ...
Monitor Insurance for Changes
As your dealership changes and expands, it becomes critical to discuss potential new risks with your insurance agent during quarterly or annual meetin...
Need a Non-Compete?
Whether your employees work directly with customers or in the service bay, they may come into contact with sensitive, competitive information that the...
Painless Inventory is Possible
Don’t risk not having a tire in stock when a customer needs it. There's a good chance that customer won't come back.
Taking regular inventory can be ...
Partnering For Success
Options for teaming up with other small businesses run the gamut. They can range from informal referral networks to legal partnerships. Where your dea...
Paying a Fair Price For People
Why do you pay your staff what you do? Is it too high, too low or just right for the market? Did you do any research before setting pay levels, or did...
Ready for Tax Day?
Although Apr. 15 might seem far off, taking a few simple steps now can save you much aggravation and perhaps even some cash.
Key to getting ready for...
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