Identification: AUT1820
This session will focus on franchise and compliance legal issues affecting dealerships.
Attendees will:
Identification: AUT1821
The Tax Cuts and Jobs Act (TCJA) brings new opportunities, as well as some challenges, to the auto dealership community. This session will focus on several provisions of the Act that may further enhance the utility of a traditional cost segregation study for the automotive industry. The panelists will discuss the impact of the new tax law on dealership purchases and real estate investments, with a focus on tax planning ideas. In addition, continuing application of the Tangible Property Regulations will be explored.
Identification: AUT1822
Are you challenging your parts and service departments to perform at their maximum potential? Attend this workshop and learn the operations activities and performance measures that are critical in maximizing your parts and service performance. Apply proven techniques to connect with, encourage and influence operations leaders to identify and reach their performance potential.
• Identify the critical activities and performance measures for top performing parts and service departments.Identification: AUT1823
In this session, attendees will learn about Buy Here/Pay Here Operations including the function of a related finance company, tax implications and typical accounting entries.
Identification: AUT1824
Business Entity Structures for 2018 and Beyond - A discussion of Corporations, S Corporations, and LLC's in light of Tax Reform
Identification: AUT1825
As the volume of publicly-disclosed cybersecurity incidents continues to grow, businesses of all sizes have recognized the need to address cybersecurity risks within their organizations. Given the technical nature of this field, it is often difficult for executive leadership to fully grasp what they should be doing to protect their business from cyber-attacks, and how they should prioritize this among their other initiatives. During this session, we will discuss why businesses get targeted, the basic security measures that all businesses should have in place, and how leaders can prioritize and align more advanced security initiatives with their organization's long-term goals.
Identification: AUT1826
For each day a dealership has an open auto technician role, up to $1,200 in gross profit is lost. And dealerships face challenges when it comes to attracting quality applicants for service technician and other key roles in the fixed operations department. Many factors contribute to these challenges, including fewer millennials seeking careers at dealerships, job seekers not understanding the opportunity service technician careers have to offer and Baby Boomer technicians rapidly retiring. In this session, Adam Robinson will share an overview of the state of fixed operations hiring and highlight key hiring insights from Hireology’s customer base of more than 1,600 dealership. He’ll also highlight best practices for attendees to rethink their people strategy to attract quality talent and drive profitability back to the dealership.
During this session , attendees will:
1) See an overview of the current fixed ops labor market
2) Gain an understanding of how much profitability is lost each time a fixed ops role is open
3) Learn best practices for improving your fixed ops hiring strategy – including writing compelling job descriptions, offering comprehensive benefits, outlining career paths, improving employment branding, partnering with local technical schools, and others
Identification: AUT1827
How do you create the perfect balance between attractive wages to hire and retain the best staff, and the ability to maintain the healthy profit necessary to grow your dealership while taking great care of your customers and employees? Wow, now that's the challenge, isn't it?!
Identification: AUT1828
Reinsurance structures are under heightened scrutiny in light of amendments to section 831(b), Notice 2016-66, the Avrahami decision, and current audit activity. This session will review the current status, likely future trends, risk assessment and mitigation, and opportunities.
Learning Objectives:
Identification: AUT1829
This session will focus on accounting and audit standards impacting dealerships.
Learning Objectives: