Musings and Advice from a Family-Owned Independent Tire Dealer
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.
Is Collision Repair the Gold Rush 2.0?
The collision industry today can be described as a Gold Rush
Giorgio Andonian Named Managing Director
Washington, DC, (October 18, 2022) – FOCUS Investment Banking, a ...
Things to Consider When Divesting
Are You Really Good at Everything?
Independent Commercial Tire Dealers Need to Go on Strike
Something is not right in the world of independent commercial tire dealers and I can’t quite put my finger on how they can fix it. Commercial tire dealers just might need to organize and go on strike.
What’s your dealership’s mission?
Is it more than just making a profit?
Getting Your Business Ready
Michael McGregor is Managing Director at FOCUS Investment Banking. His ...
In the automotive aftermarket, it’s e-commerce—or else
If you’re an automotive aftermarket retailer and you’re not selling online, you run the risk of being left behind. If you are already selling online, great—but you may need to up your game if you hope to stay competitive going forward. Indeed, having a holistic sales approach—physical stores and e-commerce—may be the best way to compete in this rapidly changing and growing business. M&A may be the quickest way to get there.
Build Your Business with a Buyer in Mind
Most entrepreneurs start a business based on one or two of many potential reasons---it could be to exploit a unique skillset or access to talent, pursue a passion or simply meet a need otherwise not being met in the marketplace.
Reinventing your tire distribution business
The family-owned wholesale tire distributorships in the U.S. is a competitive, low-margin business. Most relationships between distributors and retailers don’t include long-term contracts. The only real differentiator for new players entering the market is price. Giorgio Andonian talks about what you need to do to stand out in these conditions.
