Nothing but Net
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A group for adminstrative dealership staff, dealers, GM's Comptrollers and Automotive Consultants to discuss ways to improve the "Bottom Line". Topics such as expense control strategies, compensation plans to motivate all personnel, and more....
Members: 120
Latest Activity: Jun 5, 2017
Discussion Forum
Every Dealer needs it... Every dealer should want it...
Started by Ray Bradford Mar 17, 2014. 0 Replies 0 Likes
Fact - Front end gross continues to get smaller Competition is getting tougher Warranty dollars are dropping Legal, Health Insurance, etc... getting higherImagine increasing…Continue
To VMI or to NOT VMI
Started by Ryan Kleinjan Sep 9, 2011. 0 Replies 0 Likes
We are starting to see a growing trend on Non-VMI services in print, shop supplies, and uniforms, amongst others --What has been your experiences with these Non-VMI solutions? Is it worth the…Continue
What is a "Lost Sale"? Is it confined to the Parts Department? Can we put a value on it?
Started by NANCY SIMMONS. Last reply by Tod Collins Jul 21, 2011. 1 Reply 0 Likes
Lost sales resulting from missed opportunities happen almost daily in the parts department…Continue
Is the Service Department the "NEW" Sales Department???
Started by NANCY SIMMONS. Last reply by Tod Collins Jul 21, 2011. 15 Replies 0 Likes
Sounds like a stupid question??? Well, what I mean is this...Has the dynamics of the retail operations of the dealership shifted to the Dealer Principals and GM's focusing more deserved attention to…Continue
Comment Wall
Comment
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Comment by Clayton R Perry, Sr on June 17, 2010 at 6:18pm
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Nancy,
I would like your opinion on how important Fixed Ops is as it relates to the bottom line....
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Comment by NANCY SIMMONS on June 17, 2010 at 5:00pm
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Sorry Jack...I am a Celtics fan!
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Comment by Jack Higginbotham on June 17, 2010 at 12:41am
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Thanks for the invite Nancy! Excellent idea for a group. Love the name. GO LAKERS!!!
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Comment by Vinnie Torrente on June 16, 2010 at 3:50pm
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Nancy,
Great group topic!
Improving the bottomline is crucial looking fwd to the future topics disussed even though I haven't been a GM before. I did run the Doc for three stores Land rover,jag,volvo/ guess im still waiting to be discovered..
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Comment by A. J. Maida on June 16, 2010 at 1:03pm
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Keep it down will ya peeps are sleeping around here
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Welcome everyone...I have 30+ years in the business and am very passionate about the industry!
I will be happy to help all of you with questions...even you AJ...get some rest..will Ya???
Please feel free to start a discussion or post a questions! Tomorrow I am going to touch on expense control...Staying Lean and Mean!!! I feel we can all help each other! Love Dealer Elite for Networking! It is like a 20 group at your fingertips with no travel expense attached!
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Any thing that could help me understand what the numbers coming out of that office mean is good to me!!!!!!!
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Comment by Karl Beckham on June 16, 2010 at 10:21am
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Glad to Nancy, sounds like a great new group.
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Nancy,
Thank you...looking forward to this
Clayton
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Automotive Accounting has its own dynamics! We are separate from most industries as we must comply to the manufacturers' specific accounting methods and chart of accounts. What sets us apart from many other industries is the structure of a dealership, whether a single line store or multi-franchinse, we are little businesses within a business. I started this group for Dealer Principals, GM's, Comptroller, Accounting personnel, and Consultants to collaborate ideas regarding topics including but not limited to: Designing an effective business plan, expense control strategies, creating compensation plans which motivate employees, compliance issues, employee law issues, creative marketing strategies, and more....
If we have any Dealer Elite members who are employed by CPA firms who specialize in automotive accounting, we welcome you to join!
Feel free to start a discussion here! Whether you are part of a large automotive group, a medium size, or small dealership structure, we all are confronted with the same challenges and share in the same joys as well!
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