As the introduction of VAT in the United Arab Emirates is looming, users of our DragonDMS in the UAE will have the new rate of 5% applied to their systems automatically from 1st January 2018. The new VAT rules also include a second hand margin scheme, which will apply to used cars.
On 3rd December 1992, the simple yet festive (and currently appropriate) words ‘Merry Christmas’ formed the first ever text message. Now 25 years later, with 96 billion texts sent in the UK every day, it’s fair to say mobile technology has evolved somewhat since then..
Key Performance Indicators, or KPI’s as they are more commonly known, are a fundamental part of a business for any car dealer to understand, with the success, or failure of them, crucial in helping dealers understand how to run a profitable operation.
As this week celebrates national apprenticeship week (6th – 10th March), we look into the benefits of car dealerships and garages taking on apprentices. For dealers who have ambitions to expand their service operations, have general staff turnover to manage or have workshop staff nearing retirement that they need to plan for their succession, investing in apprenticeships could really benefit dealers’ businesses.
Understanding Key Performance Indicators (KPI’s) is critical to a dealer’s operational performance. Dragon2000 explains how to measure Stock Turn ratio and improve it to increase profits.