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Sign UpOffering a Tasty F&I Menu
The F&I department remains a source of untapped profit potential for many dealerships, which is especially important when margins on new vehicle sales are tight. One way t ... Read more
Selecting Your Entity Type – A Look At The Choices
There’s a certain spirit about entrepreneurs that sets them apart from other business professionals. They have a creative spark and imagination that allows them to envision ... Read more
TCJA’s Impact on Business Valuations
Business valuations will look different than they have in years past thanks to the Tax Cuts and Jobs Act (TCJA). Even though the TCJA kept valuation rules the same, the effect ... Read more
Auto Dealers: Turning the Challenges of 2019 into Opportunities
Consumer spending, interest rates, energy prices, and technology innovation will continue to be the drivers for vehicle demand. These factors should keep auto dealerships on t ... Read more
Executive Compensation Requires Careful Decision Making
Dealership owners, understandably, want themselves and top executives to be compensated fairly for their work, results and interest. So how do you achieve that goal without at ... Read more
Could “no-haggle” selling be right for your dealership?
In recent years, some dealerships have adopted a “no-haggle” or one-price model for selling vehicles. This has been in response to several factors, including greater trans ... Read more
Why You Should Retain OId Insurance Policies
After insurance policies expire, many dealerships just throw away the paper copies and delete the digital files. In certain situations, though, you may need to produce these p ... Read more
Improve Dealership Performance with Benchmarking
Successful dealerships tend to keep close tabs on their finances and operations by measuring and monitoring certain performance metrics. Doing so helps managers spot trends th ... Read more