By Julie Douglas, President, Dealer Pay Your dealership is a prime target for fraud because you process high-ticket transactions and maintain sensitive customer data. Fortunately, advancements in technology have provided a wealth of tools to combat fraudulent activities. Here are 5 fraud prevention tools that can help protect your dealership and your customers. Enhance Your […]
MRAA Blog
Lender Mix is Key to Your F&I Success
By Jared Zimlin, Director of Business Development, Elite Recreational Finance, an MRAA Education Champion You’ve likely faced some tough challenges in F&I that directly dampen your sales potential. These hurdles, from limited lender options and higher interest rates to tightening guidelines and aged inventory being devalued, are difficult to navigate alone. Let’s take a closer […]
9 Strategies for Enhancing Employee Satisfaction
Data can be a great resource to have in your business toolbelt. However, having data and ACTING on it are two different things. If you fail to do so, you’re just collecting numbers and that won’t help you get to where you want to be. You’ll find data everywhere in your dealership. Even your employee […]
The Importance of Boat Demos for Safe & Enjoyable Boating
Boat demos help customers gain confidence in their new vessel. Learn why skipping the demo could mean missing out on improved customer satisfaction.
Regulatory Notice – Corporate Transparency Act Update
In the long saga that is the reporting requirements put forth under the Corporate Transparency Act (CTA) we have yet another update. On Feb. 27, The Financial Crimes Enforcement Network (FinCEN) announced that it would not issue fines or penalties for any business that does not file Beneficial Ownership Information with the FinCEN until a […]
Protect Consumer Information with a Digital Deal Jacket
• Advanced tools help your dealership reduce leaks and safeguard vital data By Ken Hill, Managing Director, 700Credit, an MRAA Platinum Partner In today’s digital age, dealerships have embraced many technological advancements to streamline operations and enhance customer experiences. Among these, the digitalization of Deal Jackets — the comprehensive records that encapsulate every aspect of […]
Boat Show Season Rolls On
February has arrived and with it comes three additional Discover Boating boat shows, including the new Mid-Atlantic Boat Show, in partnership with Progressive Insurance. The newest show takes place this weekend, Feb. 6-9, in Charlotte, N.C. Over a five-day span from Feb. 12-16, including Valentine’s Day, runs the impressive Discover Boating Miami International Boat Show. The month […]
Supreme Court Ruling Adds to Corporate Transparency Act Confusion, but Filing Requirements Remain on Hold
On Jan. 23, 2025, the Supreme Court granted the government’s motion to lift a nationwide injunction issued in the case Texas Top Cop Shop, Inc. v. McHenry. What You Need to KnowWhile this ruling could have potentially reinstated Corporate Transparency Act filing requirements, a separate ruling in Smith v. U.S. Department of the Treasury continues […]
How to Identify and Mitigate Cybersecurity Risks at Your Dealership
Partner Contribution by IDS, an MRAA Education Champion According to Cybersecurity Ventures, by 2025, cybercrime is expected to cost the world $10.5 trillion. But financial loss is not the only significant damage that cybercrime and cybersecurity risks can cause individuals and organizations. A cyber-attack on a dealership can have severe consequences, such as disruptions to business […]
Cybersecurity Knowledge – Protecting Your Business
Partner blog by Global Marine Insurance, an MRAA Education Champion Every business is affected by cybersecurity is some way shape or form. For marine dealerships, which come in varying sizes, complexities, private and public ownership and can offer vastly different products and services, cybersecurity efforts and the protection of their client data and internal systems […]
