Meet the Dealmaker: Monro’s Joe Tomarchio
Monro's Joe Tomarchio says, "The one overwhelming thing I see is that tire dealers don't collect for the value of their service, their convenience and their trustworthiness. They just don't charge enough."
Monro's Joe Tomarchio says, "The one overwhelming thing I see is that tire dealers don't collect for the value of their service, their convenience and their trustworthiness. They just don't charge enough."
Business owners and M&A advisors need to look at how the impact of new entrants or new combinations may change valuations in the future. Analyzing the values of larger public and private companies in the marketplace gives both sides a relative sense for how smaller business might be valued. This blog addresses different circumstances to illustrate this point.
In a recent blog, Michael McGregor talks about how losing great employees can be detrimental to a business. In this video he further explains the importance of keeping high value employees productive and loyal to your business.
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.
Having an experienced transactions attorney who has done deals similar to yours can save you time and money and help reduce your financial exposure.
When gearing up to sell your tire business, there are plenty of details to consider. How to handle working capital in the transaction is an important one.
There's still plenty of room for tire dealerships to expand due to favorable economic and market conditions.
Experienced, key people like that are worth their weight in gold and tire dealers need to do all they can to keep them. This blog addresses the importance of how retention of key employees enhances business value.
M&A expert and MTD contributor Michael McGregor discusses Monro's expansion strategy and other hot topics during this episode of The Modern Tire Dealer Show.
Michael McGregor tells why there are numerous ways to value a business.