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Conti Corner • 43<br />
Tobie Crause and Tinus Bester.<br />
Says Wayne: “In these challenging economic times, we’ve chosen to<br />
consolidate our operation by focusing exclusively on our primary shop<br />
in Rosslyn.”<br />
Following a boom year in 2008 which culminated in a record-breaking<br />
turnover and good gross profit margins for Tonway, Wayne and Tony are<br />
hoping to boost their performance further during the course of this year, in<br />
spite of the gloomy economic forecasts.<br />
They’ve chosen to do this by consolidating the operation, capitalising on<br />
internal efficiencies, keeping overheads to a bare minimum and continuing<br />
with their hands-on approach to the business.<br />
Says Wayne: “I’m not just a business owner, I’m also a salesman. My<br />
immediate and most important function (aside from running the business),<br />
is to personally service my customers. That’s what I believe has been the<br />
key to our success.<br />
“Only operators who are lean in their infra-structure and who abide by strict<br />
accounting practices are likely to survive the current economic crisis,” he<br />
adds. “In this business, we see so many retail outlets running on bank<br />
balances as opposed to accurate management accounts,” says Wayne,<br />
something he personally insists on seeing by the 7th of each month.<br />
Plus, the factory produces six days a week, 24 hours a day, while the store is<br />
open Monday to Friday from 07h00-17h00 and Saturdays from 07h00-13h00.<br />
By all indications, their discipline and diligence in this regard coupled with<br />
their willingness to ‘get their hands dirty’, has reaped dividends for this<br />
independent operation which continues to receive high praise from its<br />
most formidable critic – the marketplace.<br />
Adds Tinus Bester: “Tonway Tyres Services Silverton caters to a diversified<br />
market sector. Here, we sell anything from passenger tyres to light<br />
commercial, heavy commercial and OTR tyres.”<br />
And despite the presence of no less than 13 opposition shops in the<br />
immediate area, Tinus further claims that their close association with two<br />
premium brands - Continental and Bandag - as well as their decision to<br />
specialise on the commercial sector, has worked in their favour. Add to<br />
that, their attention to detail and near-exclusive fixation with the smaller<br />
commercial operator who is less likely to incur bad debt and it appears<br />
Tonway Tyres Silverton is equally well poised to weather the storm.<br />
Concludes Wayne: “Our suppliers have played a huge role in the success<br />
of our business. Take Continental for example: Close on 80% of our new<br />
tyre sales are made up of Continental. In fact, Tonway Tyres was built on the<br />
Continental brand. To us, they’re not just our primary tyre suppliers – they<br />
are our business partners.”<br />
Strengthening existing relationships such as these, remaining ever vigilant<br />
and focused on their immediate business and refusing to fall prey to<br />
the current negative energy that is circulating courtesy of the looming<br />
recession, are the all-important elements which Wayne and Tony believe<br />
will carry them forward. We take our hats off to them! In their independent<br />
capacity, they seem to have achieved what many others with considerable<br />
resources cannot.