Wheel Weight Maker Hosts Free Webinar

Perfect Equipment is sponsoring a free webinar on Oct. 7 to help the industry transition from lead wheel weights to non-lead alternatives.

The webinar, hosted by Tire Review, will start at 2 p.m. eastern and will be moderated by Tire Review editor Jim Smith.

“Over the past few years an increasing number of states, retailers, and manufacturers have made the transition to non-lead alternatives both voluntarily or as a result of legislation,” said Perfect Equipment. “This free, one hour webinar will respond to the imminent change the industry is facing along with information pertaining to EPA’s National Lead-Free Wheel Weight Initiative and the ban of lead wheel weights in select states.”

During the webinar, expert panelists will discuss how businesses will be affected by legislation, how manufacturers are responding, the economic and environmental impact of the transition, and non-lead options that are available.

“We recognize that all businesses that balance tires or use wheel weights – from OEMs and shop owners right down to the installers – have questions when it comes to choosing and working with non-lead alternatives, said Mike Pursley, vice president of sales and marketing for Perfect Equipment. “With so much misinformation in the field, our hope is that this webinar will help clear the confusion and will provide our industry a solid understanding of changes ahead.”

The free webinar is open to tire dealers, wholesalers/distributors, store managers and staff, tire company executives and anyone else in the industry interested in learning more about the market’s shift away from lead weights and to alternative materials.

For registration and further information, visit tirereview.com/webinar.

When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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