First Quarter Industry Newsletters
Quarterly collection of current topics, news alerts and industry updates. Auto Dealerships Newsletter - March 6, 2018 Business Valuation Newsletter…
The Value of an Auto Dealership
Many auto dealership owners have a preconceived notion of what their businesses are worth. It might be based on a…
Why Your Dealership Needs Good LIFO Records
Recordkeeping is often essential to business operations and automobile dealerships are no exception. Case in point: Many auto dealerships use…
5 Tips for Managing Inventory
If you’re like many dealers, your vehicle inventory may have yo-yoed over the last few years. You likely experienced a…
Urgent: Congress Agrees to New Tax Reform Bill
In light of recent legislation passed by the House and Senate, we are providing an update on the new tax…
Recent Incidents Fuel Concerns over Breach Response
Could your data be hacked? Unfortunately, every organization — including for-profit businesses, not-for-profits and government agencies — is vulnerable to cyberattacks…
Succeeding At Business Succession
Inc magazine reported that sixty-six percent of small-business owners have no formal succession plan.1 While the number may shock you, it probably…
From Counting Transactions to Cultivating Relationships
With technology at the forefront of modern communication, more and more people are turning to the Internet to stay abreast of…
Ten Steps to Improving Used Vehicle Sales
To be a successful auto dealer in today’s economic environment, you must be willing to adapt to changing conditions. For example,…
Handling a Parts Inventory Cut-off
It’s a golden rule within the automotive industry to count your parts and accessories a minimum of once a year. The…