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Business Management

Articles on best practices, business strategies and solutions for RV business people who manage their companies.

News
RVshare, the world's largest RV rental marketplace, has launched in-depth guides to all 60 of the United States’ National Parks.
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Horizon Global Corporation has closed on a new financing agreement to provide additional liquidity and an amendment of its existing term debt agreement to relax financial covenants, including the following:
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The most important marketing metric is customer loyalty. Customer loyalty is the ongoing instance of a customer that continues to repurchase from a business when they have competitor and substitute offers available.
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Tracking the service department’s effective labor rate can offer valuable insights, but only if managers understand how the ELR is being calculated. Once the ELR is properly identified, the management team should look for areas to improve upon.
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“Kind of blindsided but, honestly, we had no idea until the very morning and they were like, ‘Hey, there’s a layoff,” Moreno said.
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The Tim DeWitt Harvest Education Foundation is now accepting scholarship applications for the 2019 to 2020 academic year.
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For more than 50 years, businesses of all sizes have assigned an advertising/marketing budget to promote their services and products. How they determine the amount to allocate will vary, depending on the industry, the management and the economy.
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Tracking the service department’s effective labor rate can offer valuable insights, but only if managers understand how the ELR is being calculated. Once the ELR is properly identified, the management team should look for areas to improve upon.
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Ideally each department would work together for common dealership goals. But conflict arises when we are trying to do our different jobs in sales, service, parts and accessories. So, it’s up to management to use each squabble as an opportunity to strengthen the internal processes.
Tweddle Group
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Tweddle Group’s RVX attendance follows a recent partnership with Forest River to create the well-received digital owner’s guide for Forest River’s RV, marine and cargo trailer customers. 

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