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Articlesby Tom HudsonOctober 22, 2010

VSI Catch 22

Thomas B. Hudson - Joseph Heller’s 1961 World War II novel, “Catch 22,” dealt with the rules that governed how many deadly missions B-25 pilots had to fly before they could go home. I’ll bet Mr. Heller never envisioned that the phrase would be used in connection with the sale of VSI insurance in an auto finance transaction.

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Articlesby David Keller, CPA, CFEOctober 15, 2010

Are You Really Managing Your Inventory?

David Keller - After reviewing many dealerships’ financial statements over the last six months, it seems the used vehicle department is the king of profits and volume. Most dealers, with new vehicle sales still depressed, are selling more used vehicles than ever. It is more important than ever to manage your vehicle inventories.

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Articlesby Kimberly LongOctober 8, 2010

Pushing Inventory Around the Web

Kimberly Long - Pushing inventory out to multiple online destinations presents a unique set of challenges to a dealership’s resources. Accomplishing this task in house will often require a great deal of time, effort and manpower. So, what is the best way to handle online inventory management and how much help does a dealer need?

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Articlesby Tony TroussovOctober 4, 2010

It’s People and Process, Stupid

Tony Troussov - In this competitive market, a used car manager’s job can be complicated. Today, like never before, it requires extensive knowledge of the market and technology. With that said, acquiring cars is only half of the task at hand.

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Articlesby Kimberly LongOctober 1, 2010

Online Inventory Pricing

Kimberly Long - What kinds of strategies are at work when it comes to pricing online inventory? In short, all kinds.

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Articlesby Tom HudsonSeptember 22, 2010

Worse than Worthless

Thomas B. Hudson - Life is difficult enough when you at least know what you don’t know. But when you don’t know what you don’t know, life gets downright dangerous.

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Articlesby David Keller, CPA, CFESeptember 20, 2010

Health Care Reform’s Tax Provisions

David Keller - The massive health care legislation, signed into law by President Obama, contains provisions that will affect every employer, but the timing of different pieces of the legislation ranges from items that apply immediately in 2010 to a variety of tax increases that become effective from 2011 to 2018.

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Articlesby Greg WellsSeptember 10, 2010

Internet Customers Are the Same Customers Knocking on a Different Door

Greg Wells - When customers walk into the showroom, what do we do? We greet them, right? They are greeted by a receptionist, if you have one, or by an available salesperson, but what happens when that customer isn’t greeted promptly?

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Articlesby Lon LeneveAugust 31, 2010

Avoid Conspiracies to Commit Fraud in a Down Economy

Lon Leneve - Employee fraud is a recurrent problem in dealerships. The three factors that cause an employee to commit fraud are discussed, as is the importance of implementing a fraud policy.

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Articlesby Tom HudsonAugust 24, 2010

Worms Are Simple

Thomas B. Hudson - If you’re running a bait shop, life is pretty simple. You keep the frozen bait frozen, the fresh bait cold and the live bait alive. If you screw it up, you lose some bait.

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