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A car dealership can be a lucrative business. Even though public transportation offers a safe and reliable way to get from Point A to Point B, many Americans prefer, if not need, their cars. Further, with the typical vehicle lasting for only eight years or approximately 150,000 miles, the chances are that traffic to your dealership will be relatively steady.
Plan Your Business
In this article we provide insight into the elements of a business plan for a successful car dealership. Taking the appropriate amount of time along each step of the way will ensure that you understand the start-up and ongoing expenses related to a car dealership, how to identify your target market, how much you can expect to make, and more.
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Before you begin documenting your business plan, it is important to know that this document will be about far more than some chicken scratches on a napkin… Read More