Posts Tagged ‘industry tips’
How To Attract High-Quality Employees During The ‘Great Resignation’
Associate Member Contribution from Tim Parsons of HBK CPAs & Consultants Earlier we discussed how to make your dealership stand out. Now that you stand out, how do you attract quality people that want to work with you? Let’s face it, the great resignation is here. Workers are beginning to voice their displeasure with the call…
Read MoreHow To Make Your Dealership Stand Out: Part 1
Associate Member Contribution from Tim Parsons of HBK CPAs & Consultants What differentiates your dealership from the store down the street? Do you know? Would you like to find out? Maybe you would and then again, maybe you wouldn’t. Based on numerous surveys done during the pandemic, when everyone was trying to figure out their…
Read MoreFTC Safeguards Rule: What Your Business Needs to Know
From the Federal Trade Commission… As the name suggests, the purpose of the Federal Trade Commission’s Standards for Safeguarding Customer Information – the Safeguards Rule, for short – is to ensure that entities covered by the Rule maintain safeguards to protect the security of customer information. The Safeguards Rule took effect in 2003, but after public comment, the…
Read MoreMark Sheffield: Dealers Should Know Their Ground Truth
Normally you see a problem coming at you, but COVID-19 swooped in from the periphery and it’s catching many dealers unprepared. Scientists have long predicted a global pandemic, but like most other agencies, they had to make do with the funding they were given. There’s only so much money to go around. Mixed messaging from…
Read MoreUnraveling Form VTR-271-A: The Brown POA
This article came from our good friends at the Texas Independent Automobile Dealers Association. We felt it was extremely valuable information, as so many powersports dealers have questions regarding the Brown POA. To begin, a dealer recently called the compliance consultation service with a question about how to complete the VTR-271-A, also referred to as…
Read MoreManufacturer Direct: How will that impact our industry? by Mark Sheffield
Over the last couple of years, I’ve had many discussions with dealers who are concerned that the OEMs are going to start selling products directly to consumers. As many powersports and RV dealers fall under motor vehicle franchise laws that prohibit direct sales, new legislation will need to be passed in some states to enable…
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