Good business practices are always important for highly successful businesses. Consultants or 20 group members can usually sense if a dealership has good business practices after discussions with the management team and without looking at “the numbers”. Here are seven habits I find in highly successful dealers: 1. Always [...]
Dealer principals are rarely accountants and rely on their office managers to ensure that accounting is correct and financial statements are accurate and timely. But dealers need to be on the lookout for signs of poor accounting. Here are 10 situations that should set off alarms. Financial statements are [...]
4 Strategies for Protecting the Bottom Line in a Downturn Market As of Q4 2019, RV wholesale shipments were down nearly 17 percent year-over-year, according to RV RoadSigns. The good news is that this decline is expected to ease up and gradually diminish to a decline of 3.9 percent [...]
