Toyota Financial Statement Analysis
Objective:
Dealers and General Managers will learn how to use your financial statement as a tool to evaluate your dealership, and how to re-set it for maximum performance.
This two-day course will create a mastery of understanding in all the following areas:
- Toyota & NADA profiles and best practice benchmarks
- Toyota dealership sales and gross profiles
- Balance Sheet - Are your assets working for you or are they frozen?
- Fixed Absorption
- Fixed Operations
- Service Operations - Structure for profit!
- Technicians Time - The invisible inventory
- Productivity, efficiency and proficiency
- Parts Operations - Structure for profit!
- Gross turns and true turns
- Staffing Requirements - How do I know when to add people?
- Variable Operations - Structure for profit!
- Current industry averages and benchmarks
- Sales traffic analysis
- Dealership cost per vehicle
- The three main controllable expenses
- Aged inventory & advertising
- Used Vehicles - Inventory and stocking levels
Learn new management techniques and processes to focus on
areas of improvement to insure dealership success.
REGISTER NOW!
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