Floorplan financing is one of the most misunderstood — and most abused — components of dealership operations. I’ve spent decades inside stores of every size, and I’ve seen firsthand how quickly things can unravel when discipline slips and accountability fades. As I...
In today’s competitive automotive market, some dealerships continue to thrive despite industry-wide challenges. What sets these successful operations apart? A closer look reveals that high-performing dealerships excel in both operational efficiency and strategic...
When a company is facing a financial and operational turmoil, causing ever-falling revenue and dwindling cash flow worsening liquidity, intensified supply chain issues and increased employee turnover, it might soon prove to be detrimental for its existence. However,...
