How to Improve Used Car Sales: How to Sell Cars Profitably

If you need to know how to improve used car sales then first look at your sales staff. You might have poor staff or great sellers, but it is important to know who you have got working for you trying to sell your cars. The same applies to dealers selling new cars – your sales will only be as good as your sales staff!

You might know all the basics of getting the best price or even just how to sell cars profitably, but is your company maximizing its potential? Are your sales professionals maximizing their potential? Here are three ways of improving your used car sales and selling your cars profitably.

1. Keep Your Prices Affordable

You will not sell many used cars if the prices are too high. Everybody would like a Lamborghini but you won’t find one of these in a used car lot! Even if you had one, could your type of customer afford one? Know what the average used car buyer wants, and then make sure you provide it. Sure, stock some lower and higher value automobiles, but cater for the majority if you want to have steady sales.

2. How to Improve Used Car Sales: Know Your Cars

Your sales personnel must know their cars. Not only the cars they are selling, but make sure when you employ a used car salesman or woman that they know about cars. They must be able to answer questions about the cars you are selling. You will find it hard to teach this, although it is possible to teach the will to learn.

Any potential customer walking onto your lot will expect to be approached fairly quickly, and that the person approaching them will know about any car on the lot. They should be able to answer any question with regard to vehicle specifications, what price you are prepared to sell it at (irrespective of advertised price) and the finance options available to them.

3. Build Commitment and Management Into Your Company

We could add several more ways to make more money selling used cars, but the above two are important. This, however, is the most important of all. Build commitment: make sure your staff is committed to sell cars and not just appear for work every day; that you have done the best you can to pull in the prospects that they need before they can sell anything; that your staff is fully trained as much as they can be.

4. Car Sales Training Courses

If you know how to improve used car sales, then you will know that #3 is the most important. So how do you build that commitment, and how do you let your Automobile sales staff know that you are behind every one of them and want to help them to become more successful? Get them motivated to be successful, and you will make more money from sales of automobiles of all types. Here is one way.

How to Sell Cars Profitably

Auto sales training courses will teach you and your staff how to sell cars profitably and certainly how to improve used car sales. There are many such auto sales training seminars available online, but nothing can beat the real live event. It is better to attend a one day auto sales training course than to sit through several days of videos online.

How to Improve Used Car Sales: Summary

If you want learn how to sell automobiles of any type profitably, or how to improve used car sales on your lot or in a dealership, then it is important to learn from the experts. You can certainly learn a lot from the old timers on the job, but you might also be learning the bad working practices and habits that have been passed down the generations. A good car sales training course or seminar can teach you a great deal more than whispers passed from mouth to mouth.

Benefits of Taking Home-Business Insurance Policy

Home-based business is the popular choice for entrepreneurs who want to do business with small investments. According to National Statistics’ Labour Force Survey, there are 2.43 million people (Q4 2011) in UK who run a business from home. These self-employed home-workers are the fastest growing part of UK workforce, whose number rose by 28.16% over the last decade.

Since home-businesses have small capital, they do not involve huge or costly business assets or workforce. However, like any other large or medium sized businesses, home-businesses too are prone to wide range of risks. Regardless of the size, every home-based business needs to get insured to protect the assets and revenues of the business owner. Let us see why and how insuring a home-based business is profitable.

Importance of home-business insurance:
Many business owners assume that they do not require a separate insurance for their home-businesses, as they already have a home insurance policy. But, many renters’ or home owners’ insurance policies do not automatically cover a home-business. Even though your home insurance covers contents in the home, it may not extend to your home-office equipment. Similarly, personal auto insurance policy does not cover vehicles used for business purposes.

This clearly means that your home-business is lacking protection. Thus, in order to secure it from any unexpected losses, it has to be protected by taking sufficient insurance policy.

Benefits of taking home-business insurance:
Now that we know the importance of home-based business insurance, let us look at the benefits one can get by insuring his business.

•Claims of negligence: As most of the home-based businesses include companies that offer professional services, such as consultancy advice, design or financial planning, medical or legal advice, a typical home-based insurance policy definitely includes professional indemnity, which protects business owners from the claims of negligence. May it be a piece of flawed advice or a wrong service, it could result in serious legal claims from the clients. In such scenarios having home-business insurance helps the business owner to meet the expenses incurred in defending himself against the claims.

•Revenues and assets: Business property such as contents, stock, equipment, vehicles, furniture, electronics, etc., is very important for any company. Any loss or damage to them significantly affects the profits of the business. Hence, by taking home-business insurance, which offers cover against all minor and catastrophic losses, you can safeguard your business assets and revenues from all unforeseeable risks.

•Coverage for third party injuries/damages: Another advantage of home-business insurance is the protection it offers against third party injuries/damages because of your business activity. Anything like a bodily injury, property damage or a manufacturing error could result in hefty compensation claims from the injured. Thus, having insurance policy enables you to run your business without the fear of a lawsuit or losing the business in a legal battle. Besides providing compensation costs, the policy also covers legal fees helping you to continue your business without any interruption.

•Medical aid and paid leaves for injured employees: This kind of coverage is optional. If your home-business has workers/employees working for your business, then you can include this cover in your policy, which provides employees with medical care and paid leaves if they are hurt on the job. Thus, this policy relieves you from the burden of taking care of employees’ medical expenses and hospital bills.

With many home-based businesses showing interest to take insurance policy, insurance companies have come up with various policies. But, in order to get a tailor made policy which suits your needs and business requirements, you need to approach a reliable and reputed insurance brokerage firm. These firms suggest you with the best policy that covers all the risks associated with your home-business, thus allowing you to make a worthy purchase.

The Best Home Business Ideas and Tips to Run Them Smoothly

To make a decision to start a home business is easy, but finding one is a bit more difficult. You can plan and start home business either offline or online. Here is a compilation of some of the best home businesses ideas and opportunities to invest your money, time and energy in.

Off-Line Home Based Business – Running a Home Daycare, pet sitting or pet walking, helping people organize their home and life, professional scrapbooking for others, photography for weddings or families and such other home based business are very interesting and can earn money for you.

On-Line Home Based Business – Selling online via eBay or amazon marketplace, teaching people how to use the internet and other computer related ideas, writing content as well as SEO articles for websites, affiliate marketing, mass emailing, scanning, medical and legal transcriptions and many more such businesses that you can do sitting at home via internet.

MLM Home Based Business – By definition, multi-level marketing or MLM is a marketing strategy by which the marketer is compensated not only for personal sales generated, but also for the sales of the marketer’s recruit, thereby, creating a down line of distributors and a tier of several levels of compensation. There are many different MLM companies to choose from.

Choosing the wrong home business ideas and opportunities can be disastrous. Do your research thoroughly before making your choice of what kind of business to open.

Expanding Your Home Business on a Budget:

Now that you have started and established your home based business, you may desire to expand and take your business to higher level. Those who try to expand any business often run into problems with infrastructure, cash flow, and personnel. Though expanding your home business can be difficult, it is possible to expand a business with a minimum amount of problems, so long as care is taken to smooth out the rough spots.

• Upgrade your website and hire some help.

• Sell your business system to others and partner with other small business people.

• Get a secured loan to raise capital and expand into new markets.

• Make extensive use of online advertisements and marketing; and avoid common expansion pitfalls.

If you run headlong into expanding your business without proper planning, you could lose thousands of dollars or even run your home based business into the ground. Carefully plan and execute each phase of your expansion plan to gain new customers while keeping your existing customers happy.

Distinguishing Home Life from Business Life:

It can be disconcerting trying to separate your personal life from your professional life, especially if the boundaries are set within your own home.

• Make border line of priorities between your family or your business and come up with ways that the two do not coincide.

• Use an isolated room to work and separate yourself from your family, constant interaction causes loss of focus.

• Keep a neat and tidy area and restrict your children from touching your work materials.

• If you must, time and regulate the amount of time you spend “in office.”

It’s understandably difficult to split away from your family, but at the same time it serves no benefit to you to have two conflicting areas of your life converging at one point.