DEALER 20 GROUPS - FREQUENT QUESTIONS
What is a Dealer Twenty Group?
A Dealer Twenty Group is an association of 12 to 20 automotive dealers with similar business models and similar-size operations. Members meet at various locations, decided on by the group, to share best practices, their successes and failures, ideas to improve operations, and most importantly, their financial (composite) data. Each Twenty Group meets three times per year at approximately four-month intervals.
Why should I share my financial data?
Your financial information will only be shared with the group members and added to our database without indicating your operation by name. As consultants we take the confidentiality of your business operations very seriously. Group members are ALWAYS from non-competitive market areas, so you are never sharing your information with a direct competitor. Your composite data is the key to knowing the state of your business and opens the door to improvement.
Are Twenty Groups just for large operations?
No. We do have dealers with multiple locations that sell thousands of vehicles a year. If you ask them, part of the reason they have grown so large is that they started out small and joined a Twenty Group. We have groups for all size dealers. In fact, many of our dealers have one location and sell 20 to 40 vehicles a month. Some had multiple locations, and after being in a Twenty Group for a while, found they could be more profitable with one location, selling fewer vehicles. We have a group that will meet your needs.
Where do I start?
The first step is easy. Download and fax our membership applicaiton to 817.649.5618 (fax) or contact us and talk to one of our Twenty Group coordinators at 888.906.8283 (toll free). They work very closely with the group moderators and will determine the best fit for your dealership.