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I spoke with a potential client recently who was struggling with dealership cash flow—an issue that should be top of mind for every dealer, especially given today’s economic uncertainty. Having been …
Continue Reading about 7 Top Cash Drains in Auto Dealerships →
One of the unexpected perks of writing this newsletter is that inspiration can strike in the most absurd places—like the grocery store this past weekend. If you’re anything like me, you probably …
Car dealerships have an accountant problem. Namely, they are running out of them. Over the past two years, I've been writing about the growing shortage of dealership controllers, and the situation …
Continue Reading about Car Dealerships Face an Accountant Crisis →
Treating employees with respect and offering competitive compensation has a significantly positive impact on dealership profitability. When employees feel valued, they are more engaged, more …
Continue Reading about Respect and Competitive Pay for Dealership Workforce Improves Profitability →
Financial literacy in a dealership is like knowing how to swim before jumping into the deep end—technically, you can still jump in without it, but the results will be unpleasant for everyone …
Continue Reading about How Poor Financial Literacy is Undermining Dealership Profitability →
It’s clear that many dealerships are actively searching for experienced controllers. In Driving Blind: The Shortage of Seasoned Dealership Controllers, I discussed how this shortage has been …
Continue Reading about 12 Questions to Ask When Hiring a Dealership Controller →
