Key Differences Between a Dealership CFO and a ControllerDealership financial management plays a crucial role in ensuring success and sustainability. Two key positions at the helm of a…5d ago5d ago
Dealership Legal Liability is a Growing Concern for EmployeesIt’s never fun working for shady people. I realize “shady” could mean different things to different people, but in the end, when you work…Jan 1Jan 1
Car Dealership Accounting “Worst Practices” That Jeopardize ProfitabilityYou’d be surprised what’s lurking in car dealership accounting records and financials. I’ve written and spoken about this a lot and nothing…Dec 18, 2024Dec 18, 2024
A Blimp, a Dealership, and Lessons in Financial StewardshipEarly in my career, I opened a Nissan dealership in Rosemead, California with just the owner and a small team of six others. The location…Dec 11, 2024Dec 11, 2024
A Simple Dealership Expense Control Tactic to Avoid Scary SurprisesWith every passing week, I’m witness to a growing number of dealerships whose expenses have been creeping upward. It’s often a topic of…Dec 5, 2024Dec 5, 2024
13 Reasons to Be Thankful This Season (From a Real Car Gal)’Tis the season to be thankful. As we move through the next several weeks of the holidays, I wanted to share a few things that car…Nov 27, 20241Nov 27, 20241
A $2.8 Million Cautionary Tale of Dealership Mismanagement and Corporate OverreachI’ve always believed that life has a way of serving up the most delicious ironies when you least expect them. Take, for instance, the tale…Nov 20, 2024Nov 20, 2024
14 Benefits of Hiring an On-Demand Dealership CFOCar dealers face complex financial challenges that demand expert management. The immediate challenge facing dealers today is finding and…Nov 15, 2024Nov 15, 2024
Healthy Competition? How Adversarial Sales Behavior Affects Customer ExperienceI’ve managed a lot of people in all kinds of dealerships over the years. The sales floor is a competitive environment filled with…Nov 7, 2024Nov 7, 2024
Transforming Dealership Accounting: From Cost Center to Crucial AssetThroughout my retail career, I’ve witnessed a common misconception: labeling the dealership accounting office as a ‘cost center.’ This…Oct 30, 2024Oct 30, 2024