business Archives - Engine Builder Magazine
The 12th Annual Race Track Business Conference Set for 2023 PRI Show

Officials with the National Speedway Directory have announced that the 2023 Race Track Business Conference (RTBC) will take place on Wednesday, December 6, at the PRI Show in Indianapolis, Indiana. The annual RTBC event provides a platform for industry leaders to collaborate, analyze and conceptualize around the business of motorsports. Shared insights from all forms

Tick Performance is Under New Ownership

Tick Performance, a performance parts manufacturer, has new ownership. New owners Joey Anderson and Matt Goins plan to continue manufacturing premium, American-made components at Tick’s North Carolina headquarters, picking up right where founder and former owner, Johnny Atkins, left off. In 2004, Johnny Atkins founded Tick Performance with his son and most recent owner, Jonathan

Automotive Specialty-Equipment Businesses Remain Optimistic Despite Supply Chain Issues

The record-high sales growth over the past two years for the automotive specialty-equipment industry is beginning to level off or subside, according to the newest SEMA market research report. Despite ongoing economic uncertainty, supply-chain issues, and rising costs, companies remain optimistic as sales remain solid and above pre-pandemic levels. “Businesses experienced record-high growth the past

Southern Style Racing Engines in Pinellas Park, FL

Southern Style Racing Engines (SSRE) & Components Inc., based in Pinellas Park, Florida, is for sale. Founded 50 years ago by current owner George Pils, SSRE is a fully equipped machine shop and performance parts business. Included in the sale is a robust stock of parts and purchasing power at some of the industry’s best rates.  

Ford Announces it Will Split EV and IC Development Into Different Business Units

Ford is continuing to transform its global automotive business, accelerating the development and scaling of breakthrough electric, connected vehicles, while leveraging its iconic nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities. “This isn’t the first time Ford has reimagined the future and taken our own path,” said Ford Executive

Spring Has Sprung – Will Landscape Engines Grow Your Business?

Have you noticed your allergies are acting up? Are the birds chirping a bit louder? Is it getting warmer and greener? Good, it’s not just me. Spring has sprung in the Northern hemisphere and that means people are going to be getting out their lawn and landscape tools.

Understanding the Basics of Your Business – Taxes

They say nothing in life is certain except for death and taxes. In most parts of the world, taxes are part of life and certainly part of running an engine building business. In the US, large expenses associated with running an engine building business are federal, state and local taxes.

You Better Think – How to Find Your Niche in a Competitive Market

It was Aretha Franklin who said, ‘You better think…’ many years ago, and while she wasn’t speaking about engine building, the statement still applies to the engine builder’s business. Too often in this industry, and in any business for that matter, the status quo or how things have always been done is the standard. In

The Best Way To Boost Your Business? Build a Rapport and Relationships

It’s important for you to get familiar with and interact with many more people in your business than just your customers. Getting familiar with your banker, suppliers, services and the media can be a big help. One thing that helps me has been my racing and involvement in motorsports. Even if you are not a

Profitable Performance – Sell Value Before Price

Selling value is all about selling you. Yes, this is the time to roll it all out. Your years in business represent security. Your vast resources and a belief in using quality products is important as well. Everyone knows quality costs a little more, and the implication is that it is worth it.

Numbers Don’t Tell The Whole Story

Thankfully, many of YOU took time to give us an inside look at your businesses.

The Payday Polka

Payday. While it is music to an employee’s ears, payday presents logistical and legal challenges for your company. One of the chief challenges is ensuring your employees are paid properly under the Fair Labor Standards Act (FLSA).