Ways to Save Money When Buying Tyres for Your Vehicle

Choosing the right vehicle, motorcycle or three-wheel tyres in Sri Lanka can be a difficult task. You want to make sure that you are getting a tyre that is in good condition and will last, but also at an affordable price so you don’t spend more than you need to. There are ways to do this.

Tyres can be quite an expensive accessory when they need replacing, and it is important to make sure you get your money’s worth when buying them. If you look at motorcycle tyre prices in Sri Lanka, you will notice that they can be quite on the high side.

One of the most common ways to save money when buying tyres for your vehicle is choosing second hand options. These can be found online or in a garage, and can cost anywhere from 20-50% less than brand new ones, which will really add up over time. If there are some minor marks on a tyre then this won’t have too much impact on how they perform, so going with slightly older models that have been used before doesn’t mean they’re not safe anymore. It also means that if something does happen while you’ve got these tyres fitted (like a puncture) it’s easier to find replacement parts as people choose old styles rather than new ones in order to save money.

Some tyre suppliers also have special offers on occasion which you can make the most of to save money. These sorts of deals are usually for limited time periods, however, so you will need to act fast. The easiest way is just asking the supplier what they’re offering at the moment, or if there’s a particular tyre model that comes with some sort of discount (which will depend on your car make and size) then this can be worth buying too.

Which Way is Up? Two “Technical” Views on Where the Market is Headed

Ever Wonder Which Way Is Up?As an Investment Advisor, I am wrapped-up in the daily ups and downs of the stock and bond markets, or am worrying about inflation, deflation or just “flation” – either “in” or “de” or “stag” or “re.”I constantly ponder questions like “What types of stocks will do better – large companies, small companies, domestic or international?” And “What direction are the markets headed in?”For some silly reason, I always think that most Americans are thinking about this stuff too. I forget that this is what I do for a living and that most people don’t think about this very much. And they shouldn’t.Most people get their financial news by catching snippets from newspapers, websites, radio, watching guys like Jim Cramer on CNBC at the gym, or by listening to my show or reading my blog.Technical AnalysisSo, while I have your attention, allow me to acquaint you with two “technical” views on where the market is headed.By the way, Technical Analysis is simply looking for patterns and trends in financial data to glean “insights” – really just guesses – on where the markets may be headed next.Truth is, no one really knows where the markets are headed. But markets do trade on technical analysis – sort of like the tail wagging the dog – making some of it a self-fulfilling prophecy, till some cataclysmic “real” event washes away all theories. Sort of like the dot-com bust or the mortgage market collapse where reality ultimately trumps theory.Two Technical Views on Market DirectionThe two technical analysts I follow are Lowry onDemand and Hedgeye.On the one hand, Lowry sees bullish patterns in the data. Here’s an excerpt from last Friday’s market commentary:”… any period of weakness should probably be viewed as an opportunity to add to equity positions. Investors might find this a good time to look for stocks with strong technical ratings in strong sectors and groups.”You can sense that Lowry does not believe we are headed for another nasty downturn.Hedgeye doesn’t agree. While Hedgeye analyzes technicals, they also closely follow the state of the US and world economies. Here’s the gist, in my words, of what Hedgeye principal analyst, Howard Penney, sees:”… a weakening labor market, softening consumer confidence, softening housing activity and retail sales, and an intensifying trade deficit – the early stages of a renewed economic decline.”SummaryWhile Lowry sees no near-term threats, Hedgeye believes another downturn is just around the corner. So there you have it, diametrically opposite views from fairly intelligent people. Welcome to my hell!The bottom-line is, how important are their predictions for the short-term? The answer is: not very… because short-term market movements are not all that important.The point is, many companies will create wealth over time so maintaining the assets you have in the market and adding during market dips should suit you well.By the way, most money managers and so-called stock market experts fare no better than you when it comes to picking winning stocks. So listen to all commentators with a grain of salt. We may sound confident, like we know what the future holds, but alas we do not!Building a portfolio based on trying to foretell the future will always lead to disaster. Generally speaking, buy good quality stocks, diversify, and let it ride.

Master Marketing Plan

If your business/strategic/marketing plan isn’t written down, your staff isn’t going to know what to do. People don’t pick things up through “Osmosis”.

I’ve been in situations, where the business owner was not reachable. Staff members had decisions that had to be made, but because there wasn’t a written plan, the work actually came at a standstill until the owner could be contacted to make those decisions.

That’s a very ineffective and inefficient way to run and manage your business.

If you have staff, whether it’s large or small, if everybody’s pulling in the same direction you’ll get there faster, better and with less effort.

It would be similar to the Budweiser horses all tied up to the wagon but pulling in different directions. You see, if the path is mapped out and plotted in advance, everyone knows which way to go. If they hit a road block, an educated choice can be made to get to the destination. Simple, right?

A simple wall calendar, outlining activities and deadlines and can be a great start and a huge help to your staff. If everyone knows the tasks and the sub-tasks, then the major tasks will be completed. And remember, they have to be measurable and checked up on. What gets measured gets done!

Let me simplify all this and give you an example. Every major task, or activity, has multiple mini-tasks that have to be accomplished to finish the major task.

So let’s start with a large blank wall calendar for the current year. Put it on the wall somewhere everyone can see it.

This is what to do next on the calendar:

1. Identify the proposed dates for all major company events. Think about workshops, teleseminars, product launches, speaking engagements, and whatever else you have going on. Color code the major events so they’re easily identified on the calendar.

2. Using backward planning concepts, identify the marketing plan for each event such as:

a. Direct Mail Projects

b. Email Marketing

c. Voice Blasts

d. Teleseminars

3. Color code your major marketing steps for each of the above events accordingly.

4. Once your road map is visual, you’ll easily see all the steps it will take to get the jobs done, and then you can determine if you can get more accomplished, or if you’ve been too aggressive with your plan.

5. Adjust your plan as you see fit. Remember, aggressiveness is OK – but craziness is just crazy! Can you implement and execute your plan within the personnel and budget requirements you have?

This is the basis of your executable marketing plan for this year and beyond.

Think about it, you’ll know how many emails to write, how many voice blasts to do, what your direct mail program is going to look like, how many times you can mail in the time frames provided, can you add additional teleseminars or webinars to your plan, and list goes on and on. Just by thinking this out, you’ll be able to estimate your income for that year and beyond. And, your staff will have direction, whether you’re in the office or not.

Start with the overall strategic plan and take it to the next level – your marketing plan. Keep in mind that you’re not bound to stick to the plan if something isn’t working or not profitable. Just adjust your plan and market on!

You don’t have to be an expert in planning. You can be the idea person. The key is being able to convey the ideas. Your staff can participate in this process. It can be fun and a learning experience for all. So, if planning is your weakness, make sure you surround yourself with the right people who can do that with you, not for you, with your goals and objectives in mind.