february, 2019

13feb10:00 am11:30 amEvent OverThe Road to Optimizing Dealership Profitability, Cash Flow and Return on Investment

Time

(Wednesday) 10:00 am - 11:30 am

Location

Detroit Auto Dealers Association

1900 W Big Beaver Suite 100, Troy, MI 48084

Event Details

Presented by James M. Eagan Sr. CPA

Learn the strategies and analytical approaches to avoid disappointing dealership profit levels, return on investment and tight cash positions.

  • Importance of knowing the typical auto dealership business and financial model
  • Review of PBIT percentage and other critical financial metrics
  • “Must Have” and “Nice to Have” costs and their relationships to profitability and return on investment
  • Review of the “Big Three Expenses – Compensation, Advertising and Floor Plan Interest”
  • Pay plan design and evaluation
  • Putting the thaw on frozen capital
  • Avoiding costly human resources mistakes

This class is for dealers, CFOs and general managers.

Organizer

DADAPlease contact the DADA with questions at 248.643.0250.

Register

The Road to Optimizing Dealership Profitability, Cash Flow and Return on Investment

Tickets are not available for sale any more for this event!

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