Why You’re Overspending in Search Campaigns

Paid search is an area where dealerships commonly overspend (in huge amounts), and at the same time, do not inspect their campaigns at a detailed level. There is perhaps no other purchase dealers make where they give an agency a blank check and simpl
Dec 3, 2018

Assessing Your 2018 Cost Reduction Efforts

The one common denominator in my conversations with dealers and their management teams this year is that almost every group has some cost reduction initiative in place. There is a fear of flattening sales by dealers and there is a constant drumbeat f
Nov 2, 2018

Profit By Action Quick Tip: Business Planning 5 – Follow up

Profit By Action Quick Tip on the essential Follow Up actions required to ensure your plan is achieved and success delivered.
Oct 25, 2018

Profit By Action Quick Tip: Business Planning 4 – Agreement & Action Plan

ProfitByAction.com Quick Tip on the importance of getting the buy-in and agreement of all Dealership Management as part of the Planning Process. Once everyone has agreed to the plan, set appropriate actions.
Oct 18, 2018

Profit By Action Quick Tip: Business Planning 3 – Team Meeting

ProfitByAction.com Quick Tip on the importance and the role of the team meeting as part of the overall Automotive Business Planning Process.
Oct 11, 2018

Are You Prepared for Higher Rates?

The most under-reported story of our industry today is that of rising interest rates. Given all of the headlines surrounding tariffs and trade wars, politics and a booming economy, the topic of interest rates in our very rate-sensitive industry is no
Oct 5, 2018

Find Cars at Auctions with Profit Potential

It’s crucial in today’s market, to spend your money and time wisely. With only so many hours in the day to find and source cars at auctions, sometimes those profitable vehicles slip away from you. And it’s no surprise that auction prices keep c
Oct 5, 2018

Avoiding Unintended Contract Modifications

Gaining additional protection for your anti-modification and anti-waiver contract provisions One of the frustrating aspects of contractual agreements is how often seemingly ironclad language can be rendered null and void by verbal statements—even w
Oct 5, 2018

Profit By Action Quick Tip: Business Planning 2 – Preparation

ProfitByAction.com Quick Tip on the home work required before you start your Dealership Business Plan.
Oct 4, 2018