You’ve worked hard and taken risks to get where you are today. But you wonder what your next move should be, or how you can make a greater impact. What should you be doing today to ensure that you remain successful tomorrow?
You know that technology and innovation play a significant role in remaining relevant, competitive, and profitable going forward. But how to you know what is the right decision? There are way too many options, and the playing field is changing every day.
AUTOPILOT – Your business systems should free up time for you to do what brings you joy.
SCALABILITY– Your business structure should provide you confidence to expand and grow.
EXIT STRATEGY – Your business should be built with the end in mind; to sell or pass it on.
By mastering your data and transforming it into actionably metrics and using it to support financial reporting and drive business processes, your business will become transparent and transcendent.
I only do one thing well, but I do that one thing better than perhaps anyone else. I focus on what’s under the hood of your dealership. Primarily the data, secondarily your accounting and your processes.
Actionable metrics to run your business by as you keep your fingers on the pulse of operations
Significantly improved integrations between your DMS and your other 3rd party providers
Automated reconciliation tools to enable you to ensure accuracy of financial reporting
Identification of opportunities for constant process improvement
Elimination of manual tasks that cost more money, result in less accuracy and employee satisfaction
Opportunity to leverage new technologies that add automation and artificial intelligence
Lower costs
Higher profits
Happier employees
Better customer experience
Improved access to capital at lower cost of funds
Quicker audits at significantly reduced costs
Timely metrics and financial reporting allowing for greater responsiveness to needed changes
Confidence to grow, scale, expand, experiment, diversify, outsource
Improved readiness to changes in the environment within we operate
Better positioned to thrive even with labor shortages and turnover
Steve Hall is a 25-year veteran of the Buy Here Pay Here (BHPH) industry. He is known by many within the industry as the BHPH guru, or more specifically the BHPH Dealer Management System (DMS) guru.
After graduating from college with a degree in Accounting, Steve began his professional career in public accounting in Houston, Texas where he began developing an expertise in lending institutions. From there he spent a few years in consumer and commercial lending accounting and audit, followed by some time as a financial investigator with a private investigation firm in Dallas, Texas.