Don’t Let the Wheels Fall Off: Smart Exit Planning for Dealers
Written By: Alysha Webb Every dealership owner will eventually leave the business — the question is whether that exit is intentional, structured, and aligned with your goals. Well before transferring ownership of your dealership, whether through an outside sale or to a family member, it’s essential to define your priorities and what you hope to […]
Mind the Gaps: A Closer Look at Parts Reconciliation
Written By: Alysha Webb Parts and service—often referred to as fixed operations—account for around half of a dealership’s gross profit. You’d expect that to mean dealerships keep a close eye on parts inventory. Unfortunately, that’s not always the case. A lack of understanding of the reconciliation process, combined with poor communication between the parts and […]
Inventory Discipline & Smarter Floor Planning in Uncertain Times
Written By: Alysha Webb Inventory and Flooring Costs Can Be Controlled These are uncertain times in the automotive retail sector. Changing vehicle technology and the growing role of digital marketing in the retail sales process were already roiling the industry. Then came tariffs. Adam Rosenfield, CPA and partner with Rosenfield & Co., along with former […]
Protecting Profits: Insurance Solutions for Today’s Dealerships
Written By: Alysha Webb For more control and flexibility dealerships should consider alternative ways to finance risk, one of which is a captive insurance company. Hurricanes in Florida and the southeast, wildfires in California, massive cyberattacks, and rising liability claims. These are just a few of the issues dealerships must insure against. With insurance premiums […]