If you ask some dealers why some accounting functions are being done a certain way, they might answer, “Because we’ve always done it that way.” But with all the changes that have taken place in the...
The dealership management system (DMS) is the backbone of an auto dealership’s operations. This software controls and reports on a dealer’s functions and departments, including accounting, sales,...
The COVID-19 pandemic has created an economic downturn of a severity seldom experienced in our nation. Many businesses, including dealerships, have turned to government and business loans to help...
Like all businesses, improving financial performance is a top priority for dealerships. One way to maximize dealership performance is for owners to obtain CPA-prepared financial statements. These...
As we become more conscious of our impact on the planet, businesses in many industries are adopting more environmentally friendly practices. This includes proactive auto dealerships that use more...
Obtaining appropriate insurance coverage may be the first and only step dealerships take when it comes to their company's insurance policy. As policies expire, deleting or shredding the old policy...
With the national unemployment rate dropping to the lowest levels in more than a decade, many dealerships are looking for new ways to attract and retain talented employees. The Tax Cuts and Jobs Act...
I am Lee Ann Collins, Managing Partner at Lane Gorman Trubitt, and recently I found myself awake instead of peacefully sleeping. The Notre Dame Cathedral in Paris, France was burning, and I watched...
In the past, comparison has been described as the thief of joy, this article intends to defend "comparison" as more than just a thief, but rather a source of knowledge than can help a dealership...
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