A bead crimping tool for crimping a bead element and method for use, wherein the tool includes a base handle, a crush plate member, a pair of opposed pincer members, an actuator handle, and a crush arm member. The bead element is placed on the crush plate and preferably secured in place by the crush arm. Crimping the bead includes squeezing of the actuator handle. During a first portion of such actuation, a cam portion of the actuator handle cases the pincer members to impart a lateral compressive force to a lateral portion of the bead element sufficient to collapse the bead element in a lateral direction. During a subsequent second portion of the single actuation cycle, the crush arm is caused to impart a longitudinal compressive force about a top portion of the bead element sufficient to compress the collapsed bead element in a longitudinal direction.