Pain Point: Cash Flow Killers
Resolution: Getting rid of Obsolete Parts
While it’s true that Cash is King, the King’s life is always in mortal danger at auto dealerships. Every department has assassins in the form of practices, processes and procedures — or sometimes sheer poor employee performance — that are cash flow killers.
As every dealer knows, a balance sheet showing a profit doesn’t mean you have cash in the bank. That balance sheet contains eight critical concerns — every one of them as dangerous as a sniper at point-blank range.
Watch the “Cash Flow Killers” video to learn about one place where dealers are vulnerable.
For more information, download our Parts Management PDF.