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 gauge their performance through the use of benchmarking tactics. These benchmarks are put in place to identify strengths and weaknesses across departments and also across other dealerships. The article will dive into a variety of different metrics along with tips on how to give context and relevance to the numbers by identifying a basis of comparison for the data.
Benchmarking Your Dealership for Success
Posted by
Cristina Tirado, CPA, Supervising Senior, Tax Services on Feb 28, 2019
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Topics: Auto, dealer services, benchmarking, dealership