Federated Member Midway Auto Supply Celebrates 50th Anniversary
The store got is name because Henry Levine’s in-laws had a sign he could use – the one from the former Midway Theater in Dallas. Fifty years later, that name, Midway Auto Supply, is synonymous with first class customer service in the Dallas-Ft. Worth area when it comes to auto parts. On July 31, Midway Auto Supply celebrated its 50th anniversary party with its customers.
Employee Retention is Key to Continued Success
Companies that build and maintain a superior workforce will have a long-term competitive advantage in their marketplaces. Here are some strategies for doing just that.
Youthful Drivers…Is Your Company Exposed?
Making appropriate decisions with young drivers of company vehicles can help prevent losses and protect company assets.
Are You Ready for More Business?
Develop a checklist to make sure you are ready to take full advantage of the massive population of vehicles on the road that need engine work.
Key Person Insurance: Proactively Protecting Your Business
If you consider your employees to be your most important
business asset, then it would be short-sighted of you not to
insure them. Key-person life insurance policies help ensure continuity in a business after the loss of a partner or important employee and also offer valuable employee retention benefits.
Exclusive Excellence: Exclusively Bimmers Banks On Its Solid Reputation
Dennis Walczuk’s Exclusively Bimmers shop in the Charleston, SC, suburb of Mount Pleasant is a far cry from “the dungeon” that was the back office at the independent repair facility’s previous location. While Walczuk admits the old shop’s less-than-ideal setting definitely lost him a customer or two, he knows that the current facility on Lansing Drive has the opposite effect.
Tips for Revving Up Your Credit and Debit Transactions
“Cash moves everything around me.” It’s a common thought for many automotive repair shop owners. Cash flow is one of the biggest and most important challenges many business people face, especially in the service business. Capital equipment payments and rent are both expensive, not to mention parts purchases and payroll.
Outsider Interview: Jim Ruggles, Sr., Bicycle Shop Owner
Albert Einstein once said, “Life is like riding a bicycle, in order to keep your balance, you must keep moving.” The same can be said for any business, especially automotive repair. If an automotive repair shop does not stay current and grow, it is at risk of going off track and failing.
Is Profit Sharing Right for Your Business?
If you’re looking for a way to give your employees a bigger stake in the company, fund their retirement plans or regulate year-end bonuses, a profit-sharing program might be the solution for you.