How do you hold your managers accountable? There’s the top-down approach where the owner comes up with an annual budget and tells the managers what they need to accomplish each month. There’s also the bottom-up method where each manager builds a budget for his/her department, then the owner rolls these up into a company budget. This is usually the preferred option for most dealerships. In a best-case scenario, department managers have discussions with each of their employees to determine how much each of them can individually contribute.
I think we’d all agree that the more accurate data you have, the better decisions you can make. That’s why integrated value guides can take Powersports dealers to the next level. How? Let’s break it down.
It’s essential to be able to run reports on trade-ins, quotes, deals or any stock in inventory. It’s equally important to have a high volume of data so those retail and trade-in values are as accurate as possible. The less accurate your data, the higher the likelihood of giving an incorrect quote and losing money. And who wants to leave money on the table?