WEEK ONE
FINANCIAL MANAGEMENT
Learn basic accounting principles and how to navigate the balance sheet and income statement at both the dealership and department levels. Interpret and analyze financial statements to identify performance improvement opportunities.
AGENDA
Using the NADA 20 Group composite with guidance from 20 Group Dealership Management Consultant
Analyzing sales and gross profit
Maximizing cash flow and profit
Identifying frozen vs. working capital
Evaluating inventory performance
Calculating total absorption
Controlling and minimizing expenses
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