Knowing What Works Best for Your Market and How You Execute Will Enable a High-Performance Business Result Henry Ford: 'If I'd asked customers what they wanted, they would have told me, “A faster horse!”’ Cars are designed years in advance…
What Leads to a High-Performance Business? When you mention the term “high-performance” you usually think of cars, not businesses. What is a high-performance car? We think it is: “A performance car is an automobile that is designed and constructed specifically…
Many business owners believe the sale of their business will be a simple process of choosing a business broker, setting a price, and then deciding where to celebrate after the closing papers are signed and the check is in the…
Dealer Succession Planning: Locating and Installing Leadership Leadership is Essential to Maintain and Grow a Business and Maintain a Good Reputation Imagine working your whole life building a business that is financially successful and has a reputation in the community…
Social Media Marketing on the Top 3 Platforms: a guide for the automotive dealership owner The 2014 CMO Council report on social media within the auto industry revealed findings that, for the third year in a row, potential car buyers…
In the most recent two years, I was asked to help in two separate matters involving dealer family succession plans that went wrong after the founding dealer passed away. It points out that even a carefully planned and executed ownership…
Those in the market for a new car may want to consider purchasing one now. Why? Because dealerships have recently been forced to discount new vehicles due to low sales. The article Economic Hardship Forces Car Dealers to Massively Discount…
The Auto Expert Witness Advice on Features that Help With Accident Avoidance Many features are available to help with accident avoidance. This is especially true of collision-avoidance systems. Collision-avoidance systems enhance the safety of vehicles and can prevent auto accidents.…
There are certain times when auto dealerships require the services of an automotive expert witness. For example, when auto dealerships experience legal troubles, as in the case with Fiat Chrysler. An automotive expert witness is an individual who has a…
Auto Recalls Damage Dealership Valuation Recently, Mercedes-Benz recalled one million vehicles; this will undoubtedly damage the valuation of many Mercedes dealerships. When dealership valuation is affected by recalls, resulting in a loss of money and resources then hiring an automotive…