Your business practices are the foundation of superior customer service. By fine-tuning your critical dealership processes and procedures, you not only build the trust & loyalty essential to long-term customer care – but you can stabilize and expand your personal revenue streams sooner. Northstar’s Dealership Solutions provides the bricks to help you build a rock solid foundation. Our core products include:
F&I Training
F&I Income is absolutely critical to a dealer’s financial performance. Northstar spent the last five years researching top performing dealerships that were implementing revolutionary and fresh tactics for diversified cash flow – which led us to the use of these successful approaches.
We customize training for our clients to ensure exposure to industry best practices and the opportunity to continuously improve in; income generated, speed of transaction and CSI.
F&I Training with Northstar pulls from a wide spectrum of expertise and includes:
- Detailed analysis and benchmarking for your dealership, compared to top performers in the industry
- Weekly, Bi-Monthly and Monthly In-Person trainings
- Conducting Sales Meetings
- Tangible goal-setting & coaching
- Business plan development for efficient production & revenue
- Communal partnership building across the whole dealership
Join the ranks of America’s most profitable F&I professionals by contacting Mark at mark@northstardealers.com.
ACE Certification with GVO3 & Associates
ACE certification is essential for F&I professionals to ensure consistent education in a rapidly changing legal & regulatory environment. Northstar works directly with GVO3 & Associates – the leading company in F&I and Sales Compliance.
GVO3 & Associates constantly monitors the legal landscape, so you can focus on what matters: your customer. As an expert witness in many depositions, President Gil Van Over has developed trainings that stem from first-hand experience in the courtroom. Compliance Education for your dealers will cover:
- Fair Lending
- Industry Safeguards
- Red Flags
- Best Practices for Manager Policies and Procedures
To avoid another minute at risk without F&I Compliance, talk to Northstar today about scheduling your ACE Certification Training today. Contact Mark at mark@northstardealers.com
Wealth Building & Participation Structures
Northstar offers five main types of wealth-building plans to help your dealer maximize earning potential in every sale:
- Retrospective
- Maximizes income and cash flows without an annual fee
- Dealer Owned Warranty Company
- Maximizes tax deferral and allows multiple shareholders
- Producer Owned Reinsurance Company (PORC) or CFC Controlled Foreign Corporation
- One of the oldest and most reliable wealth building structure in the industry. Enables the dealer to earn a commission and retain 100% of the underwriting profit and investment income
- Non-Controlled Foreign Corporation
- Provides great potential in maximizing compound growth. Dealer owns stock in a reinsurance company with other participants.
- Full Dealer Administration Companies
- Dealers maintains control of 100% of the reserve dollars, all future liabilities, and underwriting profits
To learn more about implementing these wealth-building structures in your dealership, schedule a meeting with Mark at mark@northstardealers.com