7 KEYS TO SUCCESS - DealersEdge
7 KEYS TO SUCCESS - DealersEdge 7 KEYS TO SUCCESS - DealersEdge
Key #2 ControlAudit & InspectINSPECTING WHAT YOU EXPECT Where are you in relation to where you want to be? How are you doing in the process of pursuing your goals? Establishes the expectation of what you asked for is important. Opportunities to praise, reward and remind. Determine if actions taken produce the desired results.MEASURING PERFORMANCE Track and monitor important figures weekly Weekly analysis allows for correcting dangerous trends quickly Your data is like gold – mine it often
Key #2 ControlNumbers to MonitorSALES:Traffic (lot ups & phone ups)Cash In Deal (total cost - total down)Cash Down (as % of selling price)Contract Terms and Payments
- Page 1 and 2: 7 KEYS TO SUCCESSIn Dealer Controll
- Page 3 and 4: 7 KEYS TO SUCCESS IN DCF What is DC
- Page 5 and 6: 7 KEYS TO SUCCESS IN DCFKey #1Busin
- Page 7 and 8: Key #1 Business ModelBuy Here-Pay H
- Page 9 and 10: Key #1 Business ModelCAPITAL REQUIR
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- Page 13 and 14: Key #2 ControlPolicies & Procedures
- Page 15: Key #2 ControlChain of CommandAPPRO
- Page 19 and 20: Key #2 ControlNumbers to MonitorINV
- Page 21 and 22: Key #3 Selling SystemKnow Your Cust
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- Page 25 and 26: Key #3 Selling SystemStructuring De
- Page 27 and 28: Key #3 Selling SystemGROSS PROFIT:G
- Page 29 and 30: Key #3 Selling SystemInterest RateD
- Page 31 and 32: Key #4 Approval ProcessLoan Applica
- Page 33 and 34: Key #4 Approval ProcessVERBAL VERIF
- Page 35 and 36: Key #4 Approval ProcessUnderwriting
- Page 37 and 38: 7 KEYS TO SUCCESS IN DCFKey #5Payme
- Page 39 and 40: Key #5 Payment ProcessingTYPES:Debi
- Page 41 and 42: Key #6 Delinquency ManagementField
- Page 43 and 44: Key #6 Delinquency ManagementPaymen
- Page 45 and 46: KEY #7 MarketingDifferent Strokes f
- Page 47 and 48: 7 KEYS TO SUCCESS IN DCFSocial Medi
- Page 49: 7 KEYS TO SUCCESS IN DCFwww.Constel
Key #2 ControlNumbers to MonitorSALES:Traffic (lot ups & phone ups)Cash In Deal (total cost - total down)Cash Down (as % of selling price)Contract Terms and Payments