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There’s a certain kind of paralysis that sets in when everything feels like it’s falling apart—like when your phone pings with a “low storage” warning and your accountant texts, “Can we talk?” So I almost didn’t write this post. It felt indulgent, like rearranging throw pillows during a house fire. But then, a few things happened this week—little moments, like overhearing a dealer mutter, “I …
Continue Reading about Top 10 Financial Concerns Keeping Dealers Up at Night →
This week, I spoke with a potential client struggling with dealership cash flow—an issue that should be top of mind for every dealer, especially given today’s economic uncertainty. Having been in this business through the '90s, early 2000s, and the Great Recession of 2009, I’ve seen firsthand how market shifts, consumer behavior, tighter flooring rules, and other financial pressures can force …
Continue Reading about 7 Top Cash Drains in Auto Dealerships →
One of the unexpected perks of writing this newsletter is that inspiration can strike in the most absurd places—like the grocery store this past weekend. If you’re anything like me, you probably shuffle through those fluorescent-lit aisles weekly, wondering when you unknowingly signed up for a live-action obstacle course. Lately, though, I've noticed a troubling trend, and I suspect I’m not …
Car dealerships have an accountant problem. Namely, they are running out of them. Over the past two years, I've been writing about the growing shortage of dealership controllers, and the situation has only deteriorated. Not only is it increasingly difficult to find knowledgeable controllers, but the crisis extends to dealership accounting talent as a whole. Analyzing the growing shortage and …
Continue Reading about Car Dealerships Face an Accountant Crisis →
