Volume III, Issue 3 

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Cut Your Workers' Comp Premium

Coffee Is for Closers

Finance & Insurance


Cut Your Workers' Comp Premium
Getting a handle on how losses impact premium can mean more profits at the end of the month.
Maybe you already know that a dealership controls its premiums by controlling its losses. But do you know how this process works? Just how big an effect do losses have on premium? Is it worse to have many small losses or one big one? Although the formula is complicated, a basic understanding of how losses affect your workers’ compensation premium could add to your dealership’s bottom line.

To determine your premium, an insurance carrier begins with an amount based on rates for the class codes that apply to your dealership.
[ more ]

Coffee Is for Closers
Is the path of least resistance the road more traveled in your sales department?
The quickest way to improve front-end gross is to ensure 100% consistency in the way sales managers are penciling their deals. If your sales managers aren’t all working deals the same way, your salespeople are going to favor the sales manager who makes it easiest on them, i.e., the one who lets them get away with not doing their job properly. [ more ]
Finance & Insurance
Make Your F&I Pay Plan Reflect Your Priorities
When it comes to F&I pay plans, the pen truly is mightier than the sword. If an F&I pay plan is written properly, motivation, focus, and results are guaranteed. The trick is to find a way to make the results you achieve consistent with your goals for the department. While there is no absolute right way to create an F&I pay plan, there are several guidelines for making it pay off the way you want. [ more ]
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Service Group
P.O. Box 26800
Austin, TX 78755-0800
800-299-6977