EPISODE · Jan 7, 2021 · 32 MIN
#151 - The Financial Health of Your Dealership in 2020 w/ Jim Rhoads
from The Independent Dealer Podcast · host Jeff Watson & Luke Godwin
Jim Rhoads, owner of The Octane Group, joins us to talk about the KPI's that you should be looking at to see if your dealership came out of 2020 healthy. We talk about net profit as a percent of sales, the importance of having a DMS and or accounting software and many other ways to look back at your 2020 schedule. Please support those that support the podcast: www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review, and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur
What this episode covers
Jim Rhoads, owner of The Octane Group, joins us to talk about the KPI's that you should be looking at to see if your dealership came out of 2020 healthy. We talk about net profit as a percent of sales, the importance of having a DMS and or accounting software and many other ways to look back at your 2020 schedule. Please support those that support the podcast: www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review, and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur
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#151 - The Financial Health of Your Dealership in 2020 w/ Jim Rhoads
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