auto dealer in black and red logo
MenuMENU
SearchSEARCH

Training

Ad Loading...
Articlesby Tom HudsonMarch 16, 2009

Class Certification Motion Defeated in "Unauthorized Practice of Law" Case

Thomas B. Hudson, Esq. - In several jurisdictions around the country, dealers have been hit with class action lawsuits alleging that the dealers’ actions in completing legal forms such as buyer’s orders and retail installment contracts constitute...

Read More →
Articlesby David Keller, CPA, CFEMarch 10, 2009

Those Pesky Loan Covenants

Dave Keller - If you did not have a good year, your lender’s collateral has probably decreased and their risk has likely increased. When risk increases, banks become nervous. Most bank loan agreements have loan covenants that customers (you) must ...

Read More →
Articlesby Scott DreisbachFebruary 26, 2009

Cover Your Assets

Scott Dreisbach - I have seen many stores try to save (through expenses) themselves into a profit. This is a slippery slope and if expense restructuring isn’t thought through very carefully, many of the wrong things can be put on the chopping block. One of...

Read More →
Ad Loading...
Articlesby Rob AndersonFebruary 25, 2009

Why Work Twice as Hard For Twice as Much

Rob Anderson - During this unprecedented time in economic history, we all need to ask ourselves if we’re willing to work twice as hard for half as much. Times are tough; times are uncertain. In fact, the only certainty is that things will only get...

Read More →
Articlesby Tom HudsonFebruary 23, 2009

Why You Shouldn't Delay Your Red Flags Program

Thomas B. Hudson, Esq. - We are urging dealers to move with urgency to get their Red Flags programs in place quickly—long before the end of this 6-month enforcement grace period granted by the FTC. Why? Three reasons, and they may apply to...

Read More →
Articlesby David Keller, CPA, CFEFebruary 9, 2009

Your Annual Review - Are You Ready For 2009

David Keller - Take a look at your expenses. Compare your expenses against other 20 group members. Compare them to industry averages. If some are high compared to the industry guides, review the detail of the expense accounts to see if you can reduce...

Read More →
Ad Loading...
Articlesby Harlene DoaneFebruary 4, 2009

Walk the Talk in Inventory Management

Harlene Doane - Dealers are talking about inventory management in record numbers, but are they walking that talk? Most know inventory management is the smart thing to do. Having the right inventory in stock has proven to increase gross profits and...

Read More →
Articlesby Michael ReesJanuary 20, 2009

Make Training A Daily Business: Practice It For Sustained Results

Michael Rees - New ewmployees need to know what you expect from them today, tomorrow, this week, this month, this year. If they don't, it will be impossible for your employees live up to your expectations ...

Read More →
Articlesby Mark O'NeilJanuary 16, 2009

Manage Your Inventory for Profits Today

Mark O'Neil - Take a minute and think about the most successful retailers across the country, operators such as Wal-Mart, Home Depot or Best Buy. One thing they have in common is they don’t leave much to chance; they use technology and tools (not instinct and yellow pads) to help turn their inventory rapidly and boost profits.

Read More →
Ad Loading...
Articlesby Aaron ProctorDecember 11, 2008

Compliance Complacency: How Much Compliance is Enough?

Aaron Proctor - When I speak to dealers for the first time about the Privacy Act or Red Flags compliance, I begin with three questions...

Read More →