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How To Set Up A Chart of Accounts

AutoShopOwner

If this sounds like you, we have a solution to keep your finances on track! A well-organized Chart of Accounts (COA) is essential for navigating the complexities of your business's finances. A COA helps you make data-driven decisions for your finances because you have information on spending trends and profitability at your fingertips.

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Polly’s Latest Report Highlights Insurance Opportunities for Dealers

AutoSuccess

According to Polly’s Q4 2024 Embedded Auto Insurance Report , auto insurance rates stabilized in 2024 after two years of steep increases. The average in-dealership insurance quote averaged $199 per month in 2024, a stark contrast to the volatile swings of prior years that saw insurance rate increases vastly exceed inflation.

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Spring Clean Your Finances: 5 Steps Every Business Should Take

AutoShopOwner

However, it’s not just our homes that can benefit – our finances can benefit from intentional tidying up and decluttering as well. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year.

Finance 130
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Do your current business finances align with your long-term financial vision?

AutoShopOwner

Read on to see if your current business finances align with the long-term vision you have and what to do to help you plan for success. At the end of the day, sustainable business is key to long-term sustainable finances. Opening insurance policies to cover liabilities, risks, and interruptions in business is also critical.

Finance 130
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Commentary: Scaling for the Future

Auto Service World

Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments. Mitigate these risks with comprehensive insurance coverage developed for your operations. Develop a crisis management plan to address potential challenges proactively.

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OTTOMOTO integrates MeasureOne

AutoSuccess

OTTOMOTO and MeasureOne announced a new partnership that will revolutionize the way car dealers and lenders verify and update auto insurance policy data in real-time during the car buying process. With this integration, OTTOMOTO will enhance the F&I process for dealers and increase approvals, driving more car sales for its customers.

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MeasureOne Unveils Auto Insurance Policy Updating

AutoSuccess

MeasureOne , a consumer data access and verification solutions company, announced the launch of its latest feature, Auto Insurance Policy Updating , designed to tackle one of the auto dealership industry’s biggest challenges—manual insurance policy updating and general inefficiencies in the Finance & Insurance (F&I) process.