Inside most dealerships, the tension between parts and service is not because the parts department aims to ruin the service department’s life, or vice versa. The opposite is actually happening.
No single person knows how to make an entire pencil. To craft one of the most basic objects we take for granted daily requires expertise in various areas. The cooperation and interdependence necessary are worth marveling at for a moment.
Businesses must remember to learn from others’ past mistakes, continue to train and educate employees and adapt to evolving consumer preferences.
This article is intended to provide insight into the current market conditions for an RV dealership’s sale by exploring the supply of acquisitions vs. buyer demand, interest rate hikes’ consequences, shifts in post-pandemic earnings and how they collectively affect dealership valuations.
Top performers measure their performance on a daily, weekly and monthly basis. When they create a new measurement report, they are measuring their performance against the goals they set on the first day of the new year.
If it has not hit you yet, at some point in the next four months, you will experience varying degrees of panic.
With the Safeguards Rule in effect, financial institutions are shifting into full-compliance mode. The FTC’s Safeguards Rule requires financial institutions contractually bind their service providers to implement and maintain certain controls.
Outside vendors provide consistency throughout transitions and create tailored solutions. Where dealership staff have many different responsibilities, outside vendors can stay current because they are dedicated to a specialized area.
The earlier you can plan, the better the result. Keep focused on your bottom line; the dealership’s financial health is what you are selling.
Search engine optimization (SEO) is finally getting dealers’ attention, and I doubt you’ll find a hotter topic.
Inventory and inventory management can make or break a retail operation. The wrong inventory selection, poor administration and lackluster presentation will have negative short- and long-term effects on the business.
As Congress returned from its August recess, members representing RVIA and RVDA are making a renewed push to encourage legislators to adopt the Travel Trailer and Camper Tax Parity Act.
