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DFK3 Phil Kent: Best Practices for Using Benchmarks to Drive Improved Dealership and Departmental Results

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Product Description

(Recorded Webinar)
Presenter: Phil Kent: CPA and Partner at Michael Silver & Company CPAs
Original Air Date: November 15, 2012
Program Length: 110 minutes

An examination of benchmarking for both financial and non-financial dealership managers.

Just about everyone uses benchmarks to some degree in their profession. When you just compare your results or experience with peers; this is a simple form of benchmarking. Yet nothing provokes more discussion among dealership managers than questions about what the benchmarks should be and how they should be interpreted.

Benchmarking is a much more sophisticated exercise in both the calculation and application to your dealership and/or your specific dealership department.

Join us for this Webinar as 30-year automotive CPA, Phil Kent outlines the basic, as well as more advanced methods for using benchmarking as a critical profitability management tool.

You will learn:

About "past-year", "competitor" and "industry standard" benchmarks - similarities and differences
About "cross-dealership", "departmental" and "expense benchmarks"
How some benchmarks that are seldom used, yet important to the goal
How to use "top end" benchmarks to identify areas of weakness
How to compute and compare critical benchmarks in the dealership
How to dig deeper when benchmark results indicate a need or weakness

You can upgrade your Webinar or Recording purchase to a single-person 1-year subscription, allowing you full NO-ADDED CHARGE access to all future Live Webinars (45+ per yr) and our online library of over 160 Recordings of past programs. For just $400 more than the price of this program, you get it all for a period of one year! That is a total of just $497 for your single-person subscription (Season Ticket) including this program. You are free to cancel at any time during the first six months and receive a refund of the additional $400 paid for this upgrade - for any reason!

DFK3 Phil Kent: Best Practices for Using Benchmarks to Drive Improved Dealership and Departmental Results

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