NADA 20 Groups
Peer groups run by the National Automobile Dealers Association. Non-competing auto dealers meet several times a year to review each other's P&L statements line by line.
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"NADA, I think it stands for National Automotive Dealer Association. It's a big association for auto dealers and they do this thing called NADA 20 groups... It's the most simple peer group ever. All you do is you bring a P&L statement of your busin..."
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