business plan Archives - Page 2 of 2 -
VIDEO: Shop Owners Deal With Coronavirus

If your shop is seeing a change in business or is doing anything to prevent the Coronavirus, let us know!

VIDEO: Developing A Business Plan (Part 2)

Your plan should address these seven elements. This video is sponsored by the MyPlace4Parts Studio.

Ongoing Business Plans

A Harvard University study found that the amount of time spent on assembling a business plan is directly related to that business’s success. Owners who spend six months or less on the plan ended up with an 80% failure rate, but those who spent a year or more on the plan had an 80% success rate.

Value Of A Business Plan

Business plans are for start-ups, right? Why would an established business need one? The fact is, the questions you have to answer as a start-up get forgotten in the daily hubbub of running a business. A little time spent asking some basic questions can trigger new opportunities, greater freedom or both.

Looking To Sell Your Business? Debunking An Aftermarket Myth

As a tire or automotive service shop owner looking to sell your business, you may be making the process even more challenging by mistakenly disqualifying potential buyers who would actually make great owners.

Clark’s Car Care: Overcoming Challenges To Find Success

Many shop owners get their start the old-fashioned way: Their dad or uncle owned a shop, and they grew up learning how to fix cars. Essentially, it was “in their blood” so to speak. But Matt Weber, co-owner of Clark’s Car Care, has a very ­different back story, one that starts with a detour from an ­accounting degree to take a less traveled road to shop ­ownership.