Managing Retail Operations - July
We take four months in the life of a dealership and show you ways to maximize its sales and profits. This realistic simulation is an application-based training program built on real-world experience. Locate problems, identify possible solutions, develop opportunities for improvement and maximize the interdependent relationship between all departments. The class provides a chance to immerse yourself in a dealership operating report to help identify and analyze dealership needs and market opportunities.
Register HereObjectives
- Understand how ALL departments are connected and how they can affect each other
- Learn what makes up the financial statement and how each department affects CSI scores
- Learn ways to help improve your dealership cash and capital management
- Analyze operating and compensation reports and develop motivational pay plans
- Establish forecasting and planning strategies
- And more!
When & Where
July 11th - 13th 2023, 8am - 6pm CT or until assignments are complete and July 14th 2023, 8am - 12pm CT
Minneapolis Marriott West - (952) 544-4400
9960 Wayzata Blvd, Minneapolis, MN 55426
Agenda
All-Department Simulation - including New, Used, F&I, Service, Parts and Cash Operation |
Forecasting, Planning and Market Analyzing |
Departmental Interconnectivity and Interdependency |
Expense Management - including elements of a control program |
Cash and Capital Management |
Compensation - including managing mix and effective plans |
Dealer 20 group meetings and Board of Directors |
Guideline and Indicators - including industry averages and best practices |