Avoiding the frustration of collecting for repair work

by Betsy Chase

 Service work is a huge part of your dealership’s business and can be extremely profitable. Unfortunately, many dealers are faced with the difficult situation of having to deal with customers who can’t or won’t pay for services rendered.

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Filed under: Legal Issues, Service Department

New Services Mean New Risk Management

by Betsy Chase

As you grow as an equipment dealer, it's important to manage potential risks. In his article, “Changes in Industry and Dealership Business Model Create Risks for Dealers,”  attorney Lance Formwalt, of Seigreid Bingham, P.C., tells dealers of the new...

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Filed under: Legal Issues, Risk Management

Record Retention – What Needs to be Kept and for How Long?

by Betsy Chase

Many business owners wonder how long they need to retain certain documents or records. A comprehensive records retention schedule captures all the types of documents created and used by a company in the course of its business and indicates how...

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Filed under: Legal Issues, Data

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