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Marketing & Finance
Discussions Related to Marketing a Tow Company, Financing Equipment and Equipment Wanted.
132 topics in this forum
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- 0 replies
- 747 views
Let’s face it – starting a new towing business isn’t easy. In the first few years, you’re up against overwhelming odds. It’s even harder to decide on which tow truck will bring a positive return on your investment. Finding the right one at the right price is a must if you want to haul home more profits and keep your costs low. How Much Does A Good Tow Truck Cost? Getting your hands on that new tow truck is a sweet milestone for your growing startup. If you’ve got the cash to spend, what can you expect to pay upfront? Prices For A New Flatbed Tow Truck Depending on the brand and model, a new flatbed tow truck can cost an…
Last reply by Beacon Funding, -
- 2 replies
- 675 views
He changed finance companies a couple of years ago. Without proper representation the company he was with discontinued support for the Towing Information Network. I ask because this topic created in 2011 gives testimonial to Gerard without giving recognition to the Finance company. I have always known that towers will follow and agent more the company they are representing. Borotow wrote: Gota say thanks to Gerard again. Called him yesterday and asked his opinion on whether I should borrow money on another truck or pay it outright, as finances are close and I was hesitant to borrow more. He put it all in perspective, as he put it, keep your…
Last reply by TowZone, -
- 0 replies
- 168 views
Completely off the cuff and just for fun (not for profit) promotional video for Bucksin Towing & Repair, a business based in Pagosa Springs, Colorado. I was a guest here for a little over a day after my engine coolant tank sprang a bad leak at the summit of Wolf Creek Pass. The owner speaking in this video is the one who towed my truck. Since this wasn't a planned video shoot and it was rushed (they were busy), I kept it as basic as one can get: no external audio, no lighting, no tripod or separate stabilization device. All footage shot handheld on Panasonic HC-X2000 camcorder (interview with owner at 16dB of gain, 1/60 shutter at 30fps), aerial shots were taken on DJ…
Last reply by TowForce, -
- 1 follower
- 0 replies
- 217 views
Listen, the best way to dominate your area is to control the flow of calls coming to you and set your own rates. Radio ads, Yellow Pages & flyers are the worst possible ways to get new customers in the door. Wasted money so to speak. In order for you to get a ton of calls you gotta be in where your customer is searching. Imagine this - someone have a flat and needs a tow in the middle of the night, how will you make sure that this call comes to you? You think they are going to call their friend and ask a recommended towing company by them at 3am in the morning? Hell no. They pull up their phone, type in 'Towing Service Near Me…
Last reply by MoreTowingCalls.club, -
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- 167 views
This is one of my favorites and it seems appropriate as a high volume business returns. There was a man who lived by the side of the road and sold hot dogs. He was hard of hearing, so he had no radio. He had trouble with his eyes, so he read no newspapers and of course he didn't look at television, but he sold good hot dogs. He put up signs on the highway telling how good they were. His favorite cry was "Buy a hot dog mister, they're the best in town". And people bought. He had a good product and he liked his customers. Busi…
Last reply by TowZone, -
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- 322 views
A member of Tow411 Created this website back in 2008. I ran across the original topic introducing the website and realized that it is still active. Does anyone know or is Jared out of Houston, TX among the members here on TowForce? Seems this members screen name was lost during the move here. Original Topic from August 2008: I created a new site called www.ibuyjunkvehicles.com its to help people who have junk cars to find buyers in their area. I'm Looking for towing companies from all over who would like to be listed in our directory. If you're interested in being listed visit the site and click on become vendor. If you select the basic listing and use…
Last reply by Tow411, -
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- 158 views
Last reply by TowForce, -
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- 284 views
In March, Beacon Funding Corporation launched its redesigned and responsive blog at BeaconFunding.com/blog. The new section on Beacon Funding’s website provides visitors easy access to articles and videos about equipment financing. “It’s our goal to help clients be successful in each facet of their business,” said Amber Stevens, Creative Director of Beacon Funding. “From marketing tips to highlighting overlooked tax breaks, our blog articles are filled with useful concepts that business owners can use to make strategic business decisions.” Beacon’s blog library contains an extensive collection of articles and digital resources on how business owner…
Last reply by TowTimes, -
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- 168 views
Huntington Bancshares Incorporated (“Huntington”) (Nasdaq: HBAN; www.huntington.com), the parent company of The Huntington National Bank, and TCF Financial Corporation (“TCF”) (Nasdaq: TCF; www.tcfbank.com), the parent company of TCF National Bank, announced the signing of a definitive agreement under which the companies will combine in an all-stock merger with a total market value of approximately $22 billion to create a top 10 U.S. regional bank with dual headquarters in Detroit, Michigan and Columbus, Ohio. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, TCF will merge into Huntington, and the combined h…
Last reply by TowTimes, -
- 1 follower
- 1 reply
- 166 views
Topic Originally Created on Tow411 by hookedontowing on Tow411 bin March of 2010: Looking to do some radio commercials...Does anybody have any funny ideas, or anything that would attract some attention a little more. annettemcd said: We occasionally do some radio commercials which are made up by a local station as short public service type announcements with our company's name associated with it. For example, in May, congratulating graduates, urging cautious driving after prom and graduation parties, and then giving a plug for our company. I am not sure how effective radio commercials would be unless they were frequent enough and/or catchy …
Last reply by Kjband13oc, -
Northbrook, IL., Feb 3, 2021 — Calculating an affordable equipment payment just got easier with Beacon Funding’s new and improved mobile app. This week, Beacon released a brand new version of their 3-in-1 Equipment Financing Calculator App for both iPhone and Android mobile users. Now available in both the App Store and Google Play, the Equipment Financing Calculator App helps businesses take the guesswork out of how much equipment they can afford. This powerful app provides equipment buyers and sellers with three unique equipment financing calculators: monthly payment, income tax savings, and breakeven estimate. “Equipment buyers typically have one common questio…
Last reply by Don Seeley, -
- 1 follower
- 0 replies
- 354 views
test
Last reply by Doreen ur Finance Lady, -
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- 236 views
These are Company Marketing Videos, check them out and ask should you be doing this.... https://www.youtube.com/channel/UC0zfQLwvdtQkaXWECUQcGOw/videos
Last reply by TowForce, -
- 0 replies
- 106 views
As a tow truck service provider, you’re an expert in helping people in dangerous roadside breakdowns. Meanwhile, keeping yourself safe working on the road with heavy-duty equipment isn’t for the faint of heart. Your equipment is your lifeline — not having the correct towing equipment at the right time means losing opportunities and business revenue to your competitors — and is the difference between success and failure. How do you even begin considering what equipment you’ll need, let alone how to even purchase it? Whether you’re acquiring your first tow truck or adding another to the fleet, here are some questions to consider for fulfilling your towing needs: …
Last reply by Don Seeley, -
- 0 replies
- 97 views
As everyone looks forward to 2021, it’s a great time to start looking for new ways to help your small business grow. The benefits of adding new equipment are endless. It gives you the ability to become more efficient and increase your output, and even expand to new markets. As you gear up for the New Year and new equipment, we put together a quick guide to help with your business research. Here the top seven things you should know before purchasing equipment with equipment financing: 1. Know Your Options Did you know that the #1 reason why businesses fail is that they don’t have enough cash in the bank? Before purchasing new equipment, think about the impact…
Last reply by Don Seeley, -
- 2 followers
- 2 replies
- 472 views
I was going to put this in the YouTube Forum and then I thought about it. Really this is Public Relations and while Tow Truck Drivers are not Emergency Services as the Public Typically think of in these situations there are many fields of employment that respond to such situations. Tow Truck Drivers happen to top the list in the private sector. We all understand where this is drive is coming from but none of us should do this for a pat on the back. The video could have been much different and talked about how he was proud to have assisted someone of was in danger. Instead it makes it seem as though he expected something in return. We all understand where he is coming from…
Last reply by Stubborn66, -
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- 56 views
If you’ve used a personal credit card you’ve already started establishing personal credit. It’s a great tool for getting extra purchasing power for the things you need. However, personal credit alone can only take your business so far. As a small business owner, it’s important to understand and distinguish between personal and business credit. Too often, Beacon Funding sees business owners rely solely on personal credit to finance equipment. Very few small businesses can grow and expand their operations consistently over time without obtaining some form of financing. Establishing business credit is key if your business hopes to tap into the many financing options avai…
Last reply by Don Seeley, -
Per the Equipment Leasing and Financing Association, “In 2019, a projected $1.8 trillion was invested by U.S. businesses, nonprofits and government agencies in plant, equipment and software. Approximately 50%, or $900 billion of that investment, was financed through loans, leases and lines of credit. America’s equipment finance companies are the source of such financing, providing access to capital”. With so many equipment financing options available, how will you know which equipment financing lender is most likely to approve your application? Here are some things to think about when seeking approval for your next equipment financing transaction. Want to skip ahead a…
Last reply by Don Seeley, -
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- 47 views
To our customers, I want to take a moment and say thank you. Thank you for trusting Beacon Funding and providing us the opportunity to support your business. We don’t take your trust lightly. Your success is our priority. No matter how challenging the times, Beacon will continue to work tirelessly to provide your business with the best equipment financing experience possible. As I meet with our staff and hear about our customers’ successes over this past year, I am grateful. Every day we are reminded that our organization’s ongoing success is a direct reflection of the many relationships we have with great businesses just like yours. I also wanted to encourage…
Last reply by Don Seeley, -
Getting funds to purchase your equipment shouldn’t be hard. Watch the video to see how easy you can apply for equipment financing at Beacon Funding in six simple steps: We get it – your business needed equipment yesterday. Getting the funds to afford expensive purchases isn’t always easy. Sure, there are lenders in the market today that can provide equipment financing, but what if you’re just starting out? Some options aren’t available to every Average Joe. But with Beacon Funding, you’ve got an equipment financing partner you can count on regardless of your business situation. Financing Your Equipment (6 Simple Steps) With traditional lenders, the first s…
Last reply by Don Seeley, -
- 0 replies
- 63 views
When an opportunity comes knocking or unexpected expenses arise, it may seem intuitive to rely on personal credit options like credit cards. However, this can tie up your personal credit lines. Establishing business credit is a best practice that will allow your organization to grow. Beacon’s here to help! How Can Business Credit Inject Cash Into My Company? A strong and consistent cash flow is always ideal for any business. Cash allows you to face challenges, overcome setbacks, and take advantage of opportunities as they arise. While strong business profits are fundamental for any business operations, it doesn’t always mean you will have enough cash when it’s…
Last reply by Don Seeley, -
- 1 follower
- 1 reply
- 1.4k views
Looking for a late model 35 ton (miller or jerr dan) has to be Peterbilt or Kenworth low mileage.
Last reply by Tow Truck Exchange, -
When you’re planning your next business move, pivoting direction is easier when you have the right financing to support your decisions. Having access to cash allows your company to be agile when opportunities or unexpected expenses arise. A lesser-known product to traditional equipment financing is a sale-leaseback. Many equipment lenders consider this “the key to unlocking the equity in your equipment” because it leverages the value in your equipment to free up cash. Let’s start with equity: In simple terms, equity is the market value of your asset minus any debt related to the asset. With a sale-leaseback, you can use that equity to get cash. You may be wonderin…
Last reply by Don Seeley, -
- 0 replies
- 52 views
For business owners, opportunity cost haunts each decision. Am I doing what is best for my business? Will this decision make it harder to meet next month’s payroll? Will I regret losing potential business if I did not take a chance on this opportunity? If these questions sound familiar, you are not alone. I receive calls each day from business owners just like you. When an opportunity comes knocking, it may seem intuitive to rely on personal credit options like credit cards or home equity lines. However, business owners put themselves at risk when they pledge personal assets or use personal credit to fund their business needs. What other options do you have? …
Last reply by Don Seeley, -
Looking for ways to get the funds you need to drive your business to its next level? As a strategic business owner, you know the value of having funds and being able to take advantage of opportunities at the right time. There are many products to help you with these opportunities, but choosing the right one can be tough. That’s why we created a guide that helps you compare three different financing products: working capital loans, sale-leaseback, and business credit cards. By using this guide, you can decide which product best works for your buying potential and growing your business. Sale-Leaseback vs. Working Capital…
Last reply by Don Seeley, -
- 0 replies
- 509 views
Recently, I was reminded of this story from my days in marketing: The man who sold very good hot dogs There was once a man who lived by the side of the road and sold hot dogs. He was hard of hearing so he had no radio - he had trouble with his eyes, so he read no newspapers and of course he didn't look at television. But he sold very good hot dogs. He put up signs on the highway telling everyone how good they were, he stood on the side of the road and cried out to all that past 'buy a hot dog, they are the best in town'. And people bought his hot dogs and he increased his meat and bun orders. He bought a bigger stove to take care of all the extra b…
Last reply by TowZone, -
Did you know that you can take a tax deduction for 100% of your equipment’s cost in the year you buy it using bonus depreciation and/or the Section 179 deduction? Bonus depreciation and Section 179 deduction are especially beneficial to companies that need to purchase significant amounts of equipment to operate their business. By accelerating deductions, companies are able to take advantage of the time value of money by essentially “deferring” income taxes to future years. Bonus depreciation and the Section 179 deduction are the U.S. government’s way of encouraging small businesses to purchase equipment by providing tax incentives while also stimulating the econo…
Last reply by Don Seeley, -
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- 295 views
From Geri Roshkopf's Blog My local community has a Facebook page that has been helpful for things like sending out a notification for a missing dog or updates on community events, etc. Recently I read a post from someone asking about a local repair shop. I wasn’t sure how to read into what this person was asking other than they might have had a bad experience and wanted to know what others thought about the business. When you live in a small community, word-of-mouth is most often the best advertising you can have. I know the owners of this small repair shop and was pleased to see the community rally around them. Overwhelmingly posi…
Last reply by TowBot, -
- 1 follower
- 0 replies
- 325 views
How does joining a car club help market your business? As a car guy, I love working around and transporting high-end Porsche cars and vintage exotics. In seeking new clients, I joined several antique car clubs and the Porsche Owner's Club as a way to promote my towing business. I offered transport services for these niches and put together a thick binder of photos showcasing the cars I transported. On several occassions, I set-up at the town's weekend fair with my vintage 914-6 on the deck. I attended car club meetings usually in my carrier and handed-out business cards with 20-percent off coupons for club members. It's a great, easy way to help promote your specialty nic…
Last reply by rreschran, -
Balboa Capital has been named one of the 7 Best Equipment Financing Lenders for Small Businesses 2020 by Business.org. Balboa Capital received the Best for Fast Funding category of the ranking. Business.org assists small business owners and decision makers find tools and services to help them grow their businesses with in-depth research, product reviews and expert recommendations. Balboa Capital is a technology-driven direct lender that features a variety of business funding options including: Small business loans Equipment financing Commercial financing Vendor financing Franchise financing Business line of credit To learn more about Balboa Capital visit www.balboacap…
Last reply by TowBot,
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