Benjamin Franklin first used the 20 group concept when he created the Junto Society back in 1727. Franklin convinced 12 of his close friends to form a “club” dedicated to mutual improvement. The group would meet once a week to discuss topics of the day, politics, business ideas and mutual....
Although there are numerous technologies that exist today for your business, this blog post will focus on one very specific example – the text message. It is a simple, yet effective way to communicate to your customers and prospects. The text message can be used in a variety of ways....
These days who really goes into the dealership or financial institution to make their car note? With gas prices at an all-time high why would your customer drive 30 minutes to make a payment? Deal Pack offers an easy way for your customer to just log on and make their....
On the front end, a DMS provides a user friendly application to run your daily operations. On the back end, it’s a complex database. The ability to effectively query this database in order extract relevant data is invaluable. Rest assured that the team at Deal Pack has the industry knowledge....
Did you know that nearly 14 percent of all drivers in the United States do not carry any form of automobile insurance? This is not good news for BHPH dealers and finance companies whose best interest is in protecting their assets. However, there is a way for you to battle....
This blog is going to be about controls over cash. Before I start on this topic let me preface everything by stating that I have heard nearly everything you can think of for why there is no control over the cash in a dealership. I understand your dealership is a....
Good question! And it’s one I’ve heard many times during training sessions and demonstrations of the Deal Pack software to folks like you, in the BHPH industry. As a BHPH dealer, you not only sell the vehicles, you finance the deals; you are the bank, not just a car salesman.....
Great job- you've made the sale! The customer is in love with the bright, shiny new ride and is ready to sign on the dotted line. It's time to produce the documents to close the deal. What form printing solution does your DMS offer? Functionality varies between software providers, but....
With terrorism and drug trafficking on the rise, it is imperative for banks and US citizens to understand Office of Foreign Asset Control compliance is (OFAC). OFAC is a division of the U.S. Department of the Treasury. Businesses are responsible for following OFAC regulations designed to halt terrorists and other....
This topic falls squarely in to the wonderful world of compliance. As if your job isn’t hard enough, the IRS (and more specifically the Financial Crimes Enforcement Network) require you to be compliant with the reporting of cash payments of over $10,000 through use of the IRS Form 8300. The....