Auto Dealers
Showing 49–64 of 522 results
-
Are you meeting your sales and use tax obligations?
July / August 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 347
Abstract: The consequences of failing to comply with sales and use tax requirements can be severe. In some states, dealership owners can be held personally liable for unpaid sales and use taxes — even if they’ve delegated this responsibility to one of their employees. This article explains various aspects of determining sales tax nexus.
-
Keeping on top of regulatory compliance
July / August 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 574
Abstract: Some of the key federal rules and regulations that specifically affect auto dealerships are aimed at protecting consumers. This article provides a brief overview of the Financial Privacy rule, the Safeguards rule, the Disposal rule and the Red Flags provision. Also highlighted are Reg Z, Reg M, and protections against misleading advertisements.
-
4 common reasons dealerships fail
July / August 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 714
Abstract: Dealership owners have a responsibility to plan for worst-case scenarios. This article addresses four common reasons behind dealership failure and some steps dealer-owners can take to avoid them.
-
Going green – How to run a sustainable dealership
July / August 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 840
Abstract: Proactive auto dealerships use more efficient renewable energy sources and reduce overall energy and water consumption. This article highlights a couple of “green dealer” programs and describes some recent program prize winners. A sidebar focuses on the Business Energy Investment Tax Credit, which provides a financial incentive for dealerships to install commercial solar and geothermal energy systems.
-
How to manage employees of different ages with insight
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 553
Abstract: Your dealership’s employees likely represent a mix of age groups. Successfully managing employees across generations requires understanding generational trends while avoiding broad stereotypes. This article discusses traits to keep in mind about Baby Boomers, Generation X members, Millennials and Generation Z members — and suggests some fine-tuning in strategies that managers may want to make.
-
Valuing your dealership – The importance of EBITDAM and earnings quality
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 604
Abstract: Calculating EBITDAM can significantly affect an auto dealership’s value and potential selling price. This article discusses EBITDAM, along with normalizing and determining the quality of earnings.
-
Tried-and-true metrics are always of value
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: The use of metrics is an objective way to measure a dealership’s performance. Well-devised, and accurately collected, analytics can reveal the realities of a business in black and white. This article explains three established metrics that can be a useful record of a dealership’s health: return on assets, customer service index and employee productivity levels.
-
Boost gross profits by improving inventory management
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 739
Abstract: Smart inventory management is crucial for auto dealerships when one considers the costs associated with stocking excess vehicle inventory. This article encourages taking a comprehensive view of inventory management, and discusses how to manage both new and old stock. A sidebar capsulizes the pros and cons of the two main inventory accounting methods.
-
Digital conversion – Offering a tasty F&I menu
Spring 2019
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 370
Abstract: The F&I department remains a source of untapped profit potential for many dealerships. One way to boost F&I sales and profits is to switch from a paper to a digital F&I menu. This article explores the benefits of this technology and some of the cons.
-
An employee stock ownership plan could be worthwhile
Spring 2019
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 649
Abstract: An ESOP can be a tax-efficient technique for sharing equity with employees as well as a powerful retirement and estate planning tool. This article discusses the characteristics, advantages and limitations of these plans.
-
What is an audit opinion letter — and why is it important?
Spring 2019
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: A financial audit provides assurance to potential buyers that a dealership’s finances are in good shape. This article details the content of an audit opinion letter, and explains the four possible opinions it might render.
-
6 tips for designing a data security plan
Spring 2019
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 808
Abstract: Auto dealerships can be especially attractive targets for hackers because of the treasure trove of customer financial data they possess. Thus, it’s critical for dealerships to take steps to protect their sensitive data from this genuine threat. This article discusses dealership vulnerability and offers guidelines for designing a data security program. A sidebar highlights cyber-liability insurance as a way to mitigate some of the costs of a cyberattack.
-
Digital conversion – Offering a tasty F&I menu
March / April 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 368
Abstract: The F&I department remains a source of untapped profit potential for many dealerships. One way to boost F&I sales and profits is to switch from a paper to a digital F&I menu. This article explores the benefits of this technology and some of the cons.
-
An employee stock ownership plan could be worthwhile
March / April 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 649
Abstract: An ESOP can be a tax-efficient technique for sharing equity with employees as well as a powerful retirement and estate planning tool. This article discusses the characteristics, advantages and limitations of these plans.
-
What is an audit opinion letter — and why is it important?
March / April 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: A financial audit provides assurance to potential buyers that a dealership’s finances are in good shape. This article details the content of an audit opinion letter, and explains the four possible opinions it might render.
-
6 tips for designing a data security plan
March / April 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 808
Abstract: Auto dealerships can be especially attractive targets for hackers because of the treasure trove of customer financial data they possess. Thus, it’s critical for dealerships to take steps to protect their sensitive data from this genuine threat. This article discusses dealership vulnerability and offers guidelines for designing a data security program. A sidebar highlights cyber-liability insurance as a way to mitigate some of the costs of a cyberattack.