New Shifts in the shop-insurer-OEM dynamic
Early signs of adjustments in these relationships are reminiscent of earlier changes.
Does the Small Independent Auto Repair Shop Have a Future?
Consolidation is rampant in the automotive aftermarket industry. Private equity and strategic investors are buying thousands of small stores and shops around the country, creating efficiencies until they’re ready to be sold off or go public.
Why Key Employee Retention Enhances Business Value
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.
Podcast: Tire Dealership Mergers and Acquisitions – What’s Next?
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.
Is your company ready for the EVolution?
Small businesses, often family-owned, are consolidating quickly as they are pressured from their customers to deliver better parts and products faster and cheaper. These businesses are looking at how they can stay competitive.
Show them the money: Don’t keep your managers in the dark about finances
If you are looking to sell your business a management team with financial skills is particularly beneficial in maintaining the overall strength of a company’s current and future success.
Value is in the Eye of the Beholder
Michael McGregor tells why there are numerous ways to value a business.
FOCUS Investment Banking Represents Guaranty RV in its Sale to Bish’s RV
Washington, DC, (August 25, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Guaranty RV, Oregon’s largest RV retailer, has been acquired by Bish’s RV. FOCUS represented the Nill family, the owners and operators of Guaranty RV, in this transaction.
The Benefits of a Monday Through Friday Week
How many days should your business be open? The answer is not as simple as one would think. It depends on your business and clients.
No Ugly Babies
When it is time to considering the sale of your company don't be apprehensive about its proper valuation. Your business can realize a fair value.
