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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:

  1. Monitor and control expenses.
  2. Be diligent and meticulous in analyzing operating reports, financial schedules, manufacturing reports, and financing institution statements.
  3. Refine processes and internal controls.
  4. Encourage/demand continuous training of the sales staff on everything from product knowledge and sales skills to knowing inventory and timing.
  5. Engage employees and managers in problem solving and operations improvement.
  6. 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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