Monday, November 25, 2013

Discount Tire Franchise Review

With an increase of than 790 stores in 12 states, Discount Tire Company has exploded to get to be the world's biggest self-regulating tire and wheel retailers today. In 1960, you’re able to send founder Bruce T. Halle borrowed a building on Arena Boulevard in Ann Arbor, MI.

Although the catalog contained only six tires (four which were retreads) and the display area was not quite the showroom we see today, reliance, vision and hard work were then, and still remain, the groundwork on which this company has grown-up and flourished.

As with any new start up, Bruce Halle's corporation faced many obstacles -- perhaps one of the biggest being that she didn't own an air compressor. What he would do is run to a nearby gas station and fills in the tire with air before he sells them. Out of need, he became a guru at inventory turn.

He was not just a sales man, Bruce Halle was the all around man for the job. He was the tire technician, accountant, store computer man, sign painter and the cleaning crew. Day in and day trip, each tire he replaced himself. This one-man operation process slowly grew into what is now one of the most prestigious tire companies in america.

Discount Tire Company received the "Most Shown admiration for Company" Award voted by its peers in Arizona and again and again ranks #1 in revenue according to Arizona Corporate Excellence 100 for privately held companies.

Tire Business & Modern Tire Dealer both consider Discount Tire Company as the #1 independent tire retailer based on number of outlets and annual revenues. The company was also known by Forbes journal, for placing in the 171 spot of their 500 best companies with impressive annual revenues.

Discount Tire Company has a dream that not only lives but thrives in the hearts of its employees every day. From part-time to full-time employees at the store, regional or corporate level their employees work to be the finest in the business.

One common cord running through the hearts of everyone within the business remains the same - treat customers and one another with respect and fairness. Help those in needs, always do what is right, work hard, be responsible and have fun.

The workers of Discount Tire represent its philosophy and its brand by remaining knowledgeable, friendly and honest. By offering the highest level of customer service, more product options and the lowest prices, they have earned the right to be regarded trusted experts.

Making sure that each customer is satisfied allowed Discount Tire as a front runner in the tire industry. Their continual growth not only provides opportunities for employee advancement, but allows more customers to stay certain when choosing Discount Tire for their tire and wheel needs.

When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return).

Most people are not aware that 80% of all franchise interests fail in the first two to five years leaving large debts looming for years thereafter.


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