Posts Tagged ‘motorcycle dealerships’
What Does A Reasonable Information Security Program Look Like? June 2023 Deadline Is Looming.
Section 314.4 of the Safeguards Rule identifies nine elements that your company’s information security program must include. Let’s take those elements step by step. a. Designate a Qualified Individual to implement and supervise your company’s information security program. The Qualified Individual can be an employee of your company or can work for an affiliate or service provider. The person doesn’t need…Read More
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 More
TxDMV Announces Redesign of Temporary Tags to Prevent Fraud
Texas Department of Motor Vehicles (TxDMV) Texas Temporary Tag Administration: Since the end of the 87th Legislative Session, the Texas Department of Motor Vehicles (TxDMV) has taken action to curtail and prevent the fraudulent production of, access to, and use of temporary tags and timed permits. Implementation of House Bill 3927 allowed the department to…Read More
How 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 More
Protect Your Ride! Motorcycle Thefts are on the Rise for Second Year in a Row.
Motorcycle thefts are up 26%, according to a new NICB report. DES PLAINES, Ill., Aug. 5, 2022 /PRNewswire/ — It might be a beautiful summer day for a ride, but motorcycle owners should know there is a higher chance of theft as they hit the road. Motorcycles have been increasingly targeted for theft, according to the newly…Read More
Data Breach? Report it.
Texas law requires certain businesses that experience a data breach of system security to notify affected consumers AND also to provide notice of that data breach to the Office of the Texas Attorney General if the breach affects 250 or more Texans. Effective September 1, 2021, the notice you provide to the Texas Attorney General…Read More
FTC 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 More
Fingerprinting Requirement For GDN & Franchised Dealer License Applicants Coming Soon
From Monique Johnston – Director, Motor Vehicle Division… At the June 30, 2022 meeting, the Board of the Texas Department of Motor Vehicles adopted rules requiring certain new applicants and existing dealer license holders to be fingerprinted (43 Tex. Admin. Code § 211.6). Applications submitted on or after September 1, 2022, will be subject to…Read More
A Note from TMDA Treasurer Trey Sralla
It’s very easy to get caught up in national politics and what the Republicans and Democrats are saying about each other. Networks like Fox News, MSNBC and CNN have made a FORTUNE over the years feeding the public the mud that is constantly being slung in either direction. The fact of the matter is, no matter…Read More
Mark 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 More