Items Tagged with 'Maintaining profitability'

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Minimize Uncertainty to Maintain Profitability—Even During the Slow Season

Dealerships should have a strategy in place and regularly review processes to maintain consistent cashflow across the business.
The year 2020 has certainly been challenging for businesses of all types, and equipment dealerships are no exception. Dealing with and managing uncertainty has been an underlying theme for the year, with so many unknowns about the supply chain, implementing policies and procedures to keep both staff and customer safe while still allowing them to do business, and how to set your dealership up for success going into the slow season.
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