Four steps companies can take to better manage operational risk, from iHS. After corporate accounting scandals grabbed the headlines in the early 2000’s, most companies established the necessary financial management discipline to avoid such disaste

7 Tips for Managing Cash Flow, from Linkedin. Cash flow is the lifeblood of an operating business. Unfortunately, many entrepreneurs never learn about cash flow – and the differences that exist between cash flow, booking revenues and paper profit.

Top 10 integration tips for cloud-based travel and expense management projects, from iStart. The experts at UXC Oxygen and Concur offer their tips for making sure your travel and expense management projects run smoothly… Travel and expenses are

How do you persuade a customer to come into your dealership and buy a vehicle? It’s one of the most basic questions any dealer can ask, and yet finding an answer that works is a tall order. Hundreds and more strategies have been created and impleme

The Many Ways to Increase Gross Profits At least once a month I get an inquiry from a Parts Manager or GM asking how they can improve their Parts Gross Profits by implementing a Matrix. When I ask them what they had in mind I initially get dead silen

Following a spate of recent (and ongoing) vehicle recalls from nearly every manufacturer, there appears to be an uptick in dealerships being “selected” for an incentive and/or warranty audit. Audit notices are critically important and should neve

“Psychology for the Fighting Man” was a basic leadership book issued in 1943. The leadership challenges illuminated for soldiers then is relevant today for F&I leaders: Aligning the individual’s “motives, emotions, aptitudes, attitudes, w

Buy/sell activity in the first half of 2014 rose 75%, with private acquirers once again leading the industry. The strength of auto retail sales, particularly in the luxury segment, continues to support strong buy/sell activity and high blue sky price

The CFPB is determined to eliminate dealer finance participation and wants the industry to move to a flat fee finance model. Opponents have been mostly focused on the potential financial impact to dealers and they have paid very little attention to t