INSIGHTFUL TALK BY DAN MESSINA ///
What will 2021 hold for the
Towing Industry
W
ell, we survived 2020, but not without a lot of pain and suffering. No tow shows, companies going out of business, owners cutting employees. Let us face it, 2020 sucked. Our hope is it cannot get worse in 2021 or can it? I do not want to get into politics, but we have a new president, and he
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Tow Professional | Volume 10 • Issue 1
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has already shaken up things. With executive orders, let us look at some of the things that will impact your business. We have an executive that stopped the pipeline that kept our gas prices low. I’m guessing we can expect our gas prices to go up. As business owners, we will find a
1.
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way to pass this expense back to the consumer. That means our prices go up, which means we will lose business. Minimum wage goes to $15.00 an hour. Some companies will cut staff which will impact the quality of service they provide. Others will increase salaries raising expenses.
2.
