Finance

ARTICLES

5 Steps to Forming a Tech+Tools Budget

Looking down the line for your industry is one thing—being ready for that future is another. That’s why Greg Buckley stresses the importance of budgeting for the tools and equipment that will shape your business in the coming years. And you can build that budget through a few simple steps.
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The ROI Guide

Whether you’re investing in training, tools or marketing campaigns, you can trace the ROI on any business expense. You just need a lateral system in place that tracks both your relationship with customers and the performance of your employees—here’s how you can do just that.
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Download: A Guide to Financial Planning

Dave Mulcahy, director of a Small Business Development Center, has provided Ratchet+Wrench readers with a spreadsheet for tracking said stability. You can read his full story in the February issue, but for now, this speadsheet encompasses everything he says you should consider in order to run a profitable, financially healthy business.


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Carl Icahn’s Effect on Auto Care Consolidation

Contrary to horizontal integration, where firms control one component of a market or process, vertical integration engages multiple segments of production. So while horizontal consolidation continues to grip the industry, Icahn’s form of consolidation allows him to accomplish what many independent facilities struggle with.
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