Automobile Dealership Accounting

   Improving your operations performance starts with finding out where you really are.  Good advice I recieved many years ago is quite simple but as true today as ever, "you can not cost-control yourself into a profit".  Many industry consultants warn "be careful what you cut", the market conditions are temporary, you need to tap other existing oppertunity in your market to survive, look to the used and fixed departments.  Tapping into new revenue from within requires cooperation, expertiese, new ideas, training and is a very important part of your survival strategy.

With that said many dealers are finding out first hand cash flow and cost control are cridical in todays tough retail enviroment!  The office is under more preasure than ever to help department heads save dollars and in many cases with a smaller staff to do the day to day tasks as right sizing hits the office and most every department.  Now more than ever the data processing tools need to be fully utilized to meet this challange.  The time savings from full utilization of your DMS from every dealership department at many stores is huge, we can no longer allow other departments to push the burden into the office, then wonder why there is little time for the office to do the important task of saving the many wasted dollors that must be cut to survive the current market dip we are in.  Getting started soon will be critical for many dealers if the current dip becomes long and protracted downturn, it's about doing more with less.