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The shops that grow past $1M in revenue share one trait: they stopped doing their own billing by hand. A practical look at the signals that say you are ready to scale, and the financial infrastructure that makes it possible.
The first edition of Vero's annual market report — covering AR collection rates, the technician shortage, Sun Belt construction demand, and the maintenance flywheel data that separates top-quartile shops from the rest.
Seven of the fifteen fastest-growing cities in America are in Texas right now. For the shops and operators keeping construction moving in these corridors, the opportunity — and the pressure — is unlike anything seen in a generation.
Across the shops in our network, a clear pattern emerges in accounts receivable: the shops that get paid fastest aren't the ones with the most aggressive collections tactics. They're the ones with the most consistent processes.
Texas is adding population, roads, data centers, and industrial facilities at a pace that's straining every piece of heavy equipment in the state. Here's what's driving it and what it means for repair shops.
Texas leads the nation in construction spending at nearly $90 billion annually. For heavy equipment repair shops in Houston, Dallas, and San Antonio, this is a once-in-a-generation opportunity — if they can manage the cash flow.
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