Floor planning is a special type of financing offered by lenders. Retail floor planning allows dealers the flexibility to offer the right product mix for customers to choose from. For example, dealerships for automobiles, recreational vehicles, and boats, as well as home goods retailers will turn to floor plan loans to purchase inventory.
Do you ever catch yourself wondering whether it’s time to start using business management software? After all, how do you know you need something if you’ve never tried it before? Don’t worry, you’re not the first owner or manager to ponder this.