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Air Date: Thursday August 11 2016
Featuring: Brooke Samples
Program Length: 60 Minutes
Your Balance Sheet may influence the interest rates you pay or it may be difference between getting another dealership.
Assets are nice, but cash is so much better. How to make your Balance Sheet appealing to the OEMs and Banks!
Brooke will show you:
- How the Balance Sheet is a roadmap to where the profits went… especially if not to cash.
- What to do if Working Capital is below recommended value and how to improve your Net Cash position.
- How to compare your Balance Sheet to Industry Standards, Historical Trends & Top-Performing Dealer data.
- Commonly applied ratios, and what they mean to you, your banks and the OEMs.
- How to create Custom DOCS to monitor your Asset/Liability Accounts; and track and reduce your frozen capital.