Your Florida commercial lease term may prove longer than a traditional residential lease, meaning you only have so many chances to negotiate its terms. When the time comes for you to renew your commercial lease, you may want to use it to negotiate a better deal that...
Understanding F I, compliance goals and maximized profits
The Finance and Insurance or F&I Department is a hub of activity and major profit center at any automobile dealership. Understanding the importance of F&I helps to ensure productivity and profits. About F&I The busy F&I Department is a major profit...
Goal setting integral to your dealership’s succession plan
Succession planning can help you envision the future of your dealership in Florida. A carefully developed plan will embody your company's values and provide vital strategic information. When you identify key characteristics that contribute to your dealership's...
International travel and business litigation
If you run a business, a variety of hardships can come up, from employment matters to difficulties with business partners. However, if a lawsuit arises, the impact of litigation can affect you in a lot of ways. Moreover, some business owners are in unique situations...
Restructuring may help bring about an acquisition
Business owners experiencing financial struggles may have options to relieve some of the pressure, including a sale or reorganization. One method may involve finding another company willing to acquire an enterprise saddled with heavy debt. A business may, however,...
Trends point to short-term and shared commercial property rentals
Commercial real estate investors have found new ways to generate income from vacant units. By offering short-term leases and rentals on a daily or even an hourly basis, Florida property owners may take advantage of recent market trends. Because of an increase in...
The process for opening a dealership near an existing dealer
If you want to open a dealership, but there is an established dealership selling the same line-make of vehicles in the area already, you must take extra steps to obtain a dealer license. According to the Florida Statutes, this is the process for opening a dealership...
Managing your emotions during a business dispute
When business litigation surfaces, many different hardships can arise but if you are struggling with negative emotions, it is especially important to focus on your mental well-being. Some business owners become depressed over a dispute, while others have a hard time...
How can you negotiate powerful business contracts?
When your company anticipates negotiating with other business professionals in Florida, preparation is key for confident delivery. Prior to negotiations, assess various outcomes that may result during deliberation. This can provide insight to direct you in making...
To what extent is your dealership liable for warranty issues?
As an affiliated automobile dealership in Florida, your company becomes the face of the brand you sell to your local community. It should not come as a surprise, then, that a local customer's anger, frustration and dissatisfaction gets directed at your dealership if...