Ultimately, establishing a culture of compliance, data security, transparency, and honesty with customers is critical to protecting your dealership. With Mosaic Compliance Services’ electronic system, you’re able to certifiably train and track performance for individuals, which will prove invaluable if an audit occurs.
Remember, compliance is a dealership-wide initiative that requires participation and training for every team member. An investment in compliance training will always pay the best interest, and protect you from unnecessary penalties and fines.
It’s no secret that dealership turnover is higher than in other industries, and the cost of losing an employee in the first year can be up to three times their salary in lost revenue; not to mention recruiting costs and more.
Proper training is no longer a nice-to-have, and with the right skills and knowledge your team can make a more meaningful impact on your customers and your bottom line.