Oregon 4 Hour Auto Dealer CE - Operating a Dealership (2024)

This comprehensive course is designed to equip Oregon auto dealers with the knowledge and skills needed to manage taxes, recordkeeping, and various business practices effectively. The course covers a broad range of topics, starting with the identification of key business numbers such as EIN and BIN, and explores the tax implications for different forms of business ownership, including sole proprietorships, partnerships, corporations, and LLCs.

Participants will learn about the significance of maintaining accurate records, the methods of accounting such as single-entry and double-entry systems, and the mechanics of payroll tax calculations, including Social Security, Medicare, and unemployment taxes. The course also emphasizes the importance of cash flow management and offers practical tools for financial analysis, such as break-even analysis and working capital management.

In addition, the course delves into employer obligations, including workers' compensation insurance, unemployment insurance, and the legal rights of employees, such as wage and hour regulations, discrimination protections, and medical leave entitlements. The content is designed to provide auto dealers with the information they need to stay compliant with state and federal laws while optimizing their business operations.

Through a combination of detailed lessons, practical examples, and review questions, participants will gain a thorough understanding of these critical business practices. This course is ideal for both new and experienced auto dealers looking to enhance their knowledge and ensure the smooth operation of their dealership in compliance with Oregon's legal requirements.

This course covers the following topics:

• Business Plans
• Accounting
• Accounting Software for Small Businesses in 2024
• Definitions
• Employer Obligations and Employee Rights
• Professional Assistance
• Financial Management
• Renewing a Dealer Business Certificate
• Workers' Compensation
• Unemployment Insurance (UI) in Oregon
• Sexual Harassment and Discrimination
• Minimum Wage, Breaks, and Meals
• Employee Rights and Workplace Safety

To promote comprehension, students will complete a 10-question quiz for every hour of content (4-hours, 40 questions).

Approved By: Dealer Advisory Committee