Dealerships at a Glance
How to Control the Big Three – Payroll Expense, Floor Plan Interest and Advertising
One of the best ways to improve your bottom line is to control the Big Three expenses. How does your productivity-to-employee ratio benchmark against best practices? Are you managing your new and used car inventory effectively? How much do you spend in advertising per vehicle sold? Plante & Moran has a practice area devoted to auto dealerships. Consultants in this practice have worked with over 300 dealerships in Michigan, Ohio, Illinois and nationwide, helping them with issues ranging from warranty audits to fraud to 401k management to computer lease billing reviews – in addition to the Big Three issues.
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