I don\u2019t know about you but Fall in my household means allergy season which means sneezing and headaches. While we love the cooler weather, sports and other activities, outdoor adventures come with some challenges. Fortunately, a little prevention and some good habits help us manage the effects.<\/p>\n
For our powersports dealers, you might feel the same way about compliance! The paperwork, the details, the disparate federal, state and local regulations might cause widespread headaches for your team. But just as I deal with my allergies, some good habits can really minimize the impacts for your team.<\/p>\n
If you think you\u2019re immune from compliance regulations because the Federal Trade Commission announced that powersports dealers were exempt from the Combating Auto Retail Scams Rule (CARS) \u2013 think again! There are several other federal regulations as well as state and local compliance rules which apply to powersports dealerships.<\/strong><\/p>\n The FTC recently updated the Safeguards Rule, <\/strong>making information security practices at recreational vehicle and powersports dealerships\u00a0much more stringent. Red Flag Rules<\/strong> which focus on detecting, preventing, and mitigating\u00a0identity theft also apply. And, let\u2019s not forget advertising regulations and CANSPAM<\/strong>. Additionally, each state has its own compliance requirements which apply to any type of vehicle that can be licensed.<\/p>\n Minding the various rules and requirements is only part of good compliance habits. Failure to adequately prepare for a compliance audit can cause you to reach for the pain medication. Fortunately, there are some simple steps to mitigating audit panic or a full-on migraine!<\/p>\n If those steps seem beyond your reach \u2013 never fear! Our team of training and compliance experts can give your dealership a checkup. We\u2019ll provide you with a risk assessment and analysis<\/a> to determine your dealership\u2019s next steps. While we can\u2019t guarantee there won\u2019t be a headache or two along the way, we can greatly minimize any chronic compliance pain.<\/p>\n For more than 50 years, our clients have depended on EFG experts to achieve their compliant profitability. Our proven team of EFG trainers and experts are here to help you manage the compliance requirements so you can focus on selling more units. At EFG Companies<\/a>, we\u2019re more than an F&I provider, we\u2019re your business partner in the retail marine and watercraft industry. Contact us<\/a> today to learn more about how our team can help you achieve your winning strategy.<\/p>\n","protected":false},"excerpt":{"rendered":" I don\u2019t know about you but Fall in my household means allergy season which means sneezing and headaches. While we love the cooler weather, sports and other activities, outdoor adventures […]<\/p>\n","protected":false},"author":1,"featured_media":415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[8],"tags":[206,205,9,204,53],"class_list":["post-414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance","tag-audit","tag-canspam","tag-compliance","tag-red-flag-rules","tag-safeguards-rule"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/efgintelligence.com\/powersportsswitchback\/wp-content\/uploads\/sites\/6\/2024\/09\/Adam-Ouart-Author.png?fit=1050%2C350&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7NG7I-6G","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/posts\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":1,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/posts\/414\/revisions"}],"predecessor-version":[{"id":416,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/posts\/414\/revisions\/416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/media\/415"}],"wp:attachment":[{"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/media?parent=414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/categories?post=414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/efgintelligence.com\/powersportsswitchback\/wp-json\/wp\/v2\/tags?post=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Avoiding an audit headache<\/h4>\n
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