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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. 

Articles

Who Says Math Is No Fun? The Math (and Money) Behind Parts Department Order Quantities
Do You Have Dead Wood In Your Vehicle Inventory?
Inventories — How to Control Your Largest Operating Assets
Assessing the Level and Costs of Frozen Capital in Receivables
Putting the Thaw on Frozen Capital and Improving Dealership Cash Flows
The Small Business and Work Opportunity Tax of 2007 Has Passed.  How Will It Affect You?
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