Tow Professional

VOL4 ISS2 2015

Tow Professional is a comprehensive publication for the towing and recovery market. It is mailed directly to more than 29,000 decision makers including owners, presidents, CEO's and principals of towing companies throughout the United States.

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T he New Year has kicked off and this is a good time to take a look at your business and make changes or adjustments to your business operates. You know the saying "the definition of insanity is doing the same thing over and over and expecting different results" Well, that's how a lot of businesses operate when going into a new year. When my wife and me ran our business we would find a nice place to go and hide for a few days between Christmas and New Year and layout our business plan for the next year. We would look at things like: 1. Employee evaluation (Who do we hire and who do we fire) 2. Employee payroll (Who gets raises who does not) 3. Do we need new trucks or fix the old ones 4. How much money do we need to implement the changes 5. Who are our best customers and which ones do we want to give to our competitor 6. What additional services can we offer to our customers 7. What new revenue streams can we implement You get the idea. I can't tell you how helpful this get away time was for us. When the New Year started we hit the road running because we knew exactly what we wanted to do. So far this year I have four business owners I am working with to help make their business success- ful this year. Two of them are new start- ups and we know how hard it will be for them. We are sharing ideas so we don't reinvent the wheel as we go. You've heard the old saying "If you don't know where you are going, how will you get there?" Too many business owners start their business without a plan. They simply "open their doors" for business and then expect to succeed. I know it's hard to find time to make a plan for the year, but I assure you it's the most important thing you will do this year. Simply write down a few things you want to accomplish this year and put them where you can look at them every day. Here are a few things to help you get started: I igh ful alk B y D a n M e s s i n a 20 Tow Professional | Volume 4 • Issue 2 | www.towprofessional.com

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