Better BHPH Financials: How to Get Organized for Growth

  • 10/7/2019
  • Houston, TX
  • Speaking Sponsoring

The craziness of a busy BHPH operation can make it tough to plan for future growth. But sometimes you need to take a few hours off from working IN your business so you can work ON your business. Kevin Roy will present at this ½ day seminar and will demonstrate how better organizing your financial and operations structures can be the key to growing your portfolio.

Participants will also learn:

  • How to increase their credit line, and/or establish a new line
  • How some of the new tax code will affect your dealership
  • The importance of presenting clean, clear financial statements
  • Cash flow management (the key to future planning)
  • How to determine how many units you need on hand
  • How to determine how many dollars you need on hand
  • Static pool analysis, what it is and how it works
  • How to properly value inventory, including turn time
  • How to read financial statements
  • Proper expense allocation and costing