What’s With All These C-Corps?
There really is no good reason for most small, privately held tire dealers to be organized as C-corporations (C-corps) anymore.
There really is no good reason for most small, privately held tire dealers to be organized as C-corporations (C-corps) anymore.
As the automotive industry continues to shift towards electric vehicles (EVs), collision repair businesses have a significant opportunity to stand out by investing in the training and equipment necessary to repair EVs properly.
Internal combustion engines (ICEs) have been around for more than 100 years, and despite a surge of competition from electric vehicles (EVs), they are still highly relevant and will likely remain so for a long time to come.
It’s no secret that the collision repair business—much like most other trade industries—is aging.
Private equity has been an important source of capital for businesses of all kinds seeking growth.
The amount of capital available on the sidelines to invest in private companies, however, has never been greater
The core principles that built the original GCR organization still resonate today
As you become older, time becomes more important than money. And as you become even older still, health is number one, while time and money fall to second and third.
Many politicians' only objective is winning the next election, so they say and do whatever it takes to win," says McGregor. "Brands can’t afford the bad press that politicians can.
Many people say they have been in the tire business their entire lives because they spent a majority of their life in the industry.