Gross Profit - DealersEdge

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LOTS OF NUMBERS! In this Webinar You’ll Gain the Following Benefits: Learn How to Use your Financial Statement to Make 2013 Your Best Year Yet! brooke@blueprintforprofits.com 1.877.316.7418 5 LOTS OF NUMBERS! In this Webinar You’ll Gain the Following Benefits: • Identify the key profitability accounts for Fixed Operations on the Financial Statement • Calculate your Profit Potential using benchmarks and simple formulas • Understand how some accounts may impact positively or negatively other accounts brooke@blueprintforprofits.com 1.877.316.7418 6
LOTS OF NUMBERS! • Recognize when Too Good is Too Good • Determine if you are staffed for maximum profits and for future growth • Calculate the days of supply for key assets and actions to take when they are out of line • Prioritize your action plans to set record Net Profits • Create your own monthly tracking spreadsheet brooke@blueprintforprofits.com 1.877.316.7418 7 FINANCIAL STATEMENT YOUR REPORT CARD Balance Sheet Expenses Sales & Gross Profits brooke@blueprintforprofits.com 1.877.316.7418 8
Page 1: Fixed Operations: Reading Your Fina
Page 5 and 6: KEY PERFORMANCE INDICATORS Some KPI
Page 7 and 8: FINANCIAL STATEMENT SALES AND GROSS
Page 9 and 10: ONE TRANSACTION FINANCIAL STATEMENT
Page 11 and 12: PARTS TARGETS GROSS PROFIT % RETAIN
Page 13 and 14: SERVICE DEPARTMENT 68% 75% Increas
Page 15 and 16: SERVICE DEPARTMENT Decrease our Cos
Page 17 and 18: When Too Good is TOO Good Sales = $
Page 19 and 20: PARTS DEPARTMENT INCREASE OUR SELLI
Page 21 and 22: HOURS BILLED PER RO Labor Rate $100
Page 23 and 24: Gross Profit Per Hour Billed During
Page 25 and 26: FINANCIAL STATEMENT EXPENSES Listed
Page 27 and 28: ONE TRANSACTION 1 Hour of Labor Sol
Page 29 and 30: ooke@blueprintforprofits.com 1.877.
Page 31 and 32: SEMI-FIXED Create Sub-Accounts Exam
Page 33 and 34: ONE TRANSACTION BALANCE SHEET Accou
Page 35 and 36: DAYS SUPPLY Calculate the Cost of S
Page 37 and 38: Where to Start GRADE THE PARTS DEPA
Page 39 and 40: END OF MONTH BEFORE FINANCIAL IS PR
Page 41 and 42: EMPLOYEE PRODUCTIVITY Number of Rep
Page 43 and 44: Tracking Your Opportunities A B C D
Page 45 and 46: Plan Like a Pro If Service Expenses
Page 47: Plan Like a Pro If Parts Expenses H

Gross Profit - DealersEdge

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