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Data & AnalyticsDealer ManagementDealer/GM NewsFixed Operations NewsOwnershipServiceTechnologyTrending Industry News
Getting More from your DMS DOC
The DOC (Daily Operating Control) is a DMS report that is rather unique to our industry. Other businesses tend to evaluate their performance quarterly, or even annually. The DOC creates a daily sense of urgency for the accounting office to get all
Nov 8, 2017
Why Targeted Feedback Improves Your Employee’s Performance Faster than Anything Else You Do.
You head to the Doctor and complain you are not feeling well. The doctor sends you for a battery of tests. You return the following week and you sit back with the doctor to review results. Then you notice a few things circled in red on the report. No
Nov 8, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsF&I ManagementOwnershipTechnologyTrending Industry News
How to Spot a Process Breakdown
Have you ever suspected that a process is broken, but you’re not sure what to fix? Every dealer has experienced this at some point. Process breakdowns lead to problems that often aren’t spotted until they are revealed in a negative monthl
Nov 3, 2017
Top Three Information Technology (IT) Recommendations for Stability and Increased Productivity at Your Dealership
Most dealers view IT as merely an expense, a cost of doing business, rather than what it truly can be, an investment that can help bring revenue back to the bottom line. A perfect time to think about improving operational efficiencies and generating
Nov 3, 2017
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Dealer ManagementDealer/GM NewsDigital DealerLeadershipOwnershipProfiles of SuccessTrending Industry News
Interview with Cameron Johnson, Dealer Principal, Magic City Ford, Roanoke, Virginia & Lexington, Virginia
Magic City Ford Lincoln is a fourth-generation family dealership that’s been serving consumers in the Roanoke, Virginia, area since 1938. The franchise won Ford’s prestigious President’s Award for customer satisfaction in sales and service each
Nov 2, 2017
Is a Financial Partnership in your Future? Some Considerations for Dealers in Growth Mode
In our industry today, partnering with professional capital is a significant discussion thread. Namely, selling less than 100% of the business and joining forces with outside capital for the purposes of accelerated growth and dealership acquisitions
Nov 2, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsLeadershipOwnershipSales ManagementTechnologyTrending Industry NewsVideo
Identifying Inefficiencies in F&I
Josh Blick shares the importance of identifying inefficiencies in F&I in this short video blog.
Oct 26, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsFixed Operations NewsMarketing StrategiesOwnershipTrending Industry News
Internal Controls Dealerships Should Have – But May Not Have Thought About
Dealership organizations do not typically think about identifying and testing internal controls. With the volume of transactions in a dealership organization, strong internal controls are a must to reduce vulnerabilit Dealership organizations are pro
Oct 25, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsLeadershipOwnershipSales ManagementTechnologyTrending Industry NewsVideo
Adopt a No Fake News Culture
Josh Blick explains why dealers should adopt a “no fake news” policy in their store in order to truly understand what’s going on financially.
Oct 13, 2017