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Exit Stage Right

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Why Every Business Owner Needs a Plan

It’s as inevitable as death and taxes: If you’re a business owner, one way or another, you’ll eventually leave your enterprise. The only question is how—and whether you’ll do so on your own terms.

Will you retire gracefully? Pass your company on to family? Opt for a management buyout? Go for a merger or acquisition? Or will unforeseen circumstances force your exit sooner than expected?

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Highlights From the Los Angeles Auto Show

The Los Angeles Auto Show has a reputation as a “green car” event that skews heavily toward advanced technology. This year’s show was consistent with that image, but there were more than a few debuts of high-volume production vehicles that will matter to SEMA members, along with an unusual number of interesting concept vehicles that may point the way to the future. Here are some that caught our eye.

SEMA News—February 2013

EVENTS
By John Stewart

Finding the Right Advertising Agency

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For Manufacturers, It’s the Ultimate Match

Building a brand, informing business partners and educating consumers are key factors in marketing a product successfully. And while manufacturers may be experts at innovation and development, few also possess the expertise to publicize and promote their products for optimal sales in media ranging from print to web and from brochure to billboard. That is the business of advertising agencies. Finding the right one should be every manufacturer’s ultimate promotional goal.

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Wheel and Tire Trends Update

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A Look at the Marketplace With Industry Pros and Media

Anyone who walked the South Hall of the Las Vegas Convention Center during the 2012 SEMA Show understands that there is an abundance of wheel types and sizes for every vehicle and every preference. And even more variety is available through customization. Anyone who walked the South Hall of the Las Vegas Convention Center during the 2012 SEMA Show understands that there is an abundance of wheel types and sizes for every vehicle and every preference. And even more variety is available through customization.

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Mobile Check-Up

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Making Sure Your Mobile Website Looks Good on All Devices

Businesses must also verify that their mobile sites look good on as many mobile devices as possible. New research from Pew Internet Research and others indicates that the United States is still in a frenzy over all things mobile—and that you’re losing money if your mobile website is not rendering properly on all devices. It’s not enough to simply have a mobile-optimized website these days. Businesses must also verify that their mobile sites look good on as many mobile devices as possible.

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The 2012 SEMA Award

The Hottest Vehicles of the 2012 SEMA Show The SEMA Award was established to recognize vehicle models that specialty-equipment manufacturers believe are the best platforms for accessorization and that showcase the year’s coolest products. The honors have been presented in four categories each year since 2010: Hottest Car, Hottest Sport Compact, Hottest Truck and Hottest 4x4-SUV.

SEMA News—January 2013

EVENTS
By Steve Campbell

2012 SEMA Show Highlights

Innovations of Generations Showcased in Las Vegas As the specialty-equipment industry’s premier trade event, the annual SEMA Show is the number-one barometer of automotive specialty-equipment trends. If anything, the 2012 SEMA Show, held October 30 through November 2 in Las Vegas, indicated a vibrant, growing industry definitely bullish on the future. Consider these Show statistics: Total attendance rose to 135,000—up 2% over last year. Meanwhile, exhibitors hit the 2,250 mark, with 500 of them being first-timers. There were more than 60,000 buyers plying the Show floor, along with 3,000 media representatives. All in all, the Show offered 1 million net square feet of innovation, education and business opportunities. 

SEMA News—January 2013

EVENTS

2012 SEMA Show Highlights

Innovations of Generations Showcased in Las Vegas

As the specialty-equipment industry’s premier trade event, the annual SEMA Show is the number-one barometer of automotive specialty-equipment trends. If anything, the 2012 SEMA Show, held October 30 through November 2 in Las Vegas, indicated a vibrant, growing industry definitely bullish on the future.

Marla Moore Named 2012 SEMA Person of the Year

The SEMA Person of the Year Award ranks among the association’s most prestigious honors. For 2012, it was bestowed upon Marla Moore of Hypertech during the recent SEMA Show Industry Awards Banquet, held Thursday, November 1, in Las Vegas. Moore, who is currently the chair of the SEMA Businesswomen’s Network (SBN), has been involved with the specialty-equipment industry for more than three decades.

SEMA News—January 2013

PEOPLE
By Mike Imlay

Linking to the Distribution Chain

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“Power Buyers” Reveal How They Find Products

With thousands of buyers in attendance, the SEMA Show offers huge opportunities for exhibitors. The challenge is to forge links in the distribution chain.

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New SEMA Market Update Now Available

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Study Examines Q2 2012 Economic Indicators and More

SEMA Market Update, Q2 2012, is the latest in a series of regularly published reports tracking economic benchmarks and trends affecting the $30 billion specialty-equipment industry.

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