posted on 06.04.2009 | Categories: Automotive Industry News
The June 4th edition of Dealer Digest Daily provides some helpful hints, tips, and how-tos for improving an auto dealership. The article is written by Sherralyn Peterson, an automotive incentive specialist who contributes to Dealer Digest Daily.
Here are her 6 tips:
- Monitor and control expenses.
- Be diligent and meticulous in analyzing operating reports, financial schedules, manufacturing reports, and financing institution statements.
- Refine processes and internal controls.
- Encourage/demand continuous training of the sales staff on everything from product knowledge and sales skills to knowing inventory and timing.
- Engage employees and managers in problem solving and operations improvement.
- Keep organized and complete records and archives.
Follow the link to the June 4th edition of Dealer Digest Daily to see these 6 tips broken down in more detail.
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