SUBSCRIBEYou can check out the complete Brady Ware Dealership Webinar and Video Library here: [Visit YouTube]
Dealership fraud is rampant. Many dealers place trusted employees in charge of the finances at their dealerships with little to no oversight. This lack of oversight can cost dealers significantly, with many instances reaching into six figures. Randy Domigan will discuss best practices for internal controls and fraud prevention including:
• Internal fraud • Common weaknesses • Motivating factors and what to look for • Treasury fraud • Prevention • And more!
Join us as we reflect on 2019 and the changing environment for dealerships. Sam Agresti, Director of Brady Ware Dealership Advisors, will review different topics that have made an impact on the dealership industry. Some of the topics that will be covered include:
• Managing interest rate exposure • Fixed operations efficiency • Facility upgrades • F&I compliance best practices • and more!
With the new year rapidly approaching, it is vital to consider how you will wrap up 2019 and prepare for 2020. Let us help you make sure your accounting, tax, payroll and other tasks are completed accurately and timely before you close the books on this fiscal year. Join us for our annual webinar on year-end planning as we discuss:
• Year-end tax planning opportunities
• Year-end accounting and housekeeping ideas
• Year-end tax compliance and reporting
With an increasing percentage of the profit from new and used car sales coming from F&I, it is vital to have a strong F&I department. Join us for a webinar focused on simple steps to complete your compliance program. In this webinar, we will be discussing:
-Red Flags rule
-OFAC
-F&I Menu
-F&I Product disclosure
-Sales Worksheet
-Risk Based Pricing
-FTC Used Car Buyers Guide
When you run a dealership, you should always be looking for ways to build value. Smart, strategic considerations and moves will help you when it’s time to consider selling. Join Mike Stover in the next webinar as he focuses on ways to make your dealership more valuable including:
-Influence earnings
-Innovation
-Solid fixed absorption ratio
-Inventory turnover
-Taxes
-Risk
There are many things that can impact the value of your dealership. Our dealership advisors are ready to assist and make a difference in your value.
Are you in compliance with State & Local Tax rules? It’s a great time to make certain you are in compliance with the rules and to look for opportunities on saving tax dollars. Nick Lepley, Tax Manager at Brady Ware Dealership Advisors, will cover the following:
Dealer participation programs (often generally referred to as reinsurance) provide auto dealers a range of options to build wealth, generate cash flow or address other financial objectives. Industry vet, Matt Gibson with Protective Asset Protection, will provide an overview of the participation program options available to dealers, current events impacting these programs and why dealers should think about reviewing their current participation model.
What are some key considerations when building a new store or undertaking a major facilities upgrade? In this upcoming webinar, Bill Heifner and Brian Reynolds from Renier Construction will cover ways to help dealerships save money and maximize efficiency. Some of the items we will be covering during this month’s webinar include:
• The most efficient process to building a new store and doing major facilities upgrade
• Negotiating with the manufacturer
• Adding value with engineering the building
• The difference between Design-Bid-Build and Design Build
• Avoiding costly change orders
Join Sandi Jerome, a DMS Guru, as she reviews the different DMS systems. Sandi has helped over 1,100 dealers pick between 20 difference available DMS systems over the past 20 years. In this webinar, Sandi will discuss:
• CDK’s new Flex DMS, is it right for you?
• Should you stay with R+R? Reasons to stay, reasons to leave
• DealerTrack DMS, will they overcome the lack of features compared to CDK and R+R?
• Are you ready for an Alternate DMS? Some of the choices; DealerStar, AutoSoft, Auto/Mate, PBS
In this webinar, Mike Moran, President of Affiliated, will walk you through ways to proactively protect data and information.
1.Understand the targets of Cyber Security fraud and security breaches and what are the most popular (and successful) attack approaches
2. Learn questions to ask and steps to take to prevent breaches and fraud from occurring in your organization
3. Gain a framework of the
Do you feel overwhelmed trying to understand the digital marketplace? Is your dealership struggling with the best approach to market in the digital world? Are you trying to figure out how to develop an effective digital strategy? Then join Justin Ward as he addresses these questions and provides tips to improve your digital presence.
In 2018, we saw the Feds increase interest rates four times as they tried to normalize rates. As we all know, this can have a significant impact on a dealership’s bottom line. Join Tim Coleman, an expert from Bank of America, speak about interest rate management. He will present strategies to manage your interest rate exposure in an environment of rising interest rates.
Are you prepared for closing out the year? As we rapidly approach the end of 2018, it is vital to consider how you will be preparing for the year-end. Let us help you make sure the accounting, tax, payroll and other tasks are completed accurately and timely before you close the books on this fiscal year.
You can check out the complete Brady Ware Dealership Webinar and Video Library here: [Visit YouTube]