It's never convenient for any business to be short-handed when employees are not able to show up for work. It's even harder when an employee resigns or quits on the spot. Having an on-call F&I Specialist to fill in during these emergencies can keep your dealership motoring with success.
A Fill-In F&I Specialist is Beneficial During Staffing Shortages
Topics: F&I Managers, F&I Specialist, F&I Business Manager
Look to Fill-In F&I Specialists for your Dealership
A sudden vacancy in your business can be disruptive and damaging to your bottom line. It's always important to plan for such eventualities by finding ways to keep your business running until the vacancy is filled. And that's where fill-in F&I specialists come in.
Topics: F&I, F&I Managers, F&I Specialist, F&I Business Manager
The Processes Dealerships Need to Make Good Hires
For any business operation, hiring is a costly process. Putting effort and time to attract, hire, and retain the right team members will prove to be the best return on investment dealerships to make in today's tech-savvy world.
Topics: F&I Managers, Hiring
Clear Communication Flow Between the F&I Department and the Sales Desk
While communication is vital to the success of any organization, keeping a clear flow of communication between the F&I Department and the Sales Desk is essential in a dealership. Negative communication can deliver a stormy impact on employee morale, the profitability of the dealership, and affect the reputation of the dealership's brand. The dealership must make sure that the communication flow between their F&I Department and Sales Desk are active and ongoing. Cohesiveness is necessary to ensure all things needed to keep the dealership in a high-profit margin and a high-level reputation of the dealership's brand. It's equally crucial to keep employee morale high and healthy.
Topics: F&I Managers, Communication, Sales Department
A Process with Clear Communication is Key Between F&I and Sales
While the ignition is the key to starting a vehicle, the sales desk is the key to approaching and earning a customer's trust. It's that trust that helps customers feel confident to commit to purchasing a vehicle. Beyond the commitment to purchase a vehicle, a customer's journey within your dealership is only just beginning.
Topics: F&I, F&I Managers, F&I Specialist, Sales Motivation, Dealership Sales
4 Tips to Help Improve Your F&I Process With Customers
Businesses can prosper when they focus on their sales processes and provide excellent customer experiences. This is especially true for automobile dealerships, where the quality of service provided is crucial to customer retention.
Topics: F&I, Finance and Insurance, F&I Managers, Customer Service
4 Ways to Propel Your F&I Sales Team to Deliver Better Results
"Give me six hours to chop down a tree and I will spend the first four sharpening the axe." These Abraham Lincoln words still vibrate in the minds of those who have sold themselves over to win. Every sales manager or any other business executive overseeing a sales team understands that preparation is necessary for success. Therefore, they spend time sharpening their teams to achieve stellar results.
Topics: F&I, F&I Managers, F&I Specialist, F&I Profits, F&I Business Manager
Dealership Self-Improvement Can Help Accelerate New Business Practices
Business practices are rapidly changing, as a result of the COVID-19 crisis. As Americans pull together, our country's industry leaders are working together to figure out how to reorganize and reshape business practices.
Topics: F&I Managers, Sales Motivation, self-development
The Five Traits to Look for When Hiring an F&I Business Manager
The two most important aspects to think about when purchasing a motor vehicle is how you will finance it and how you will insure it. The F&I Business Manager comes in handy when your customers have decided to purchase a certain car. They are the person customers are handed to by the sales department, and their responsibility is explaining to them the available financing options and how each works. The characters of the Business Manager, therefore, determine whether a deal will go through or fall through at the last minute. Here are the qualities which make an excellent F&I Business Manager.
Topics: F&I Managers, Hiring, F&I Business Manager
How To Hire The Right Business Manager For Your Dealership
Hiring the right Business Manager is a critical part for your dealership. Do they have the experience needed as well as a successful background? Will they be a good fit and work well with the team? Knowing what to ask and what to look for during the interview process will help you make the right decision in choosing your new F&I manager.
Topics: F&I Managers, F&I Specialist