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Tough Tactics To Reduce Expenses in Tough Times
TUE, MARCH 24, 2009 through WED, MARCH 25, 2009 |
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Live Seminar (1½ days): Presented by the National Automobile Dealers Association (NADA) in partnership with the Colorado Automobile Dealers Association (CADA).
Speaker: Steve Lane, NADA Dealer Academy
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About the Topic:
Effectively controlling a dealership's expenses is crucial in order to maximize the
profitability of the business. In today's challenging and difficult economy, it is of
paramount importance to the survival of a dealership! "Tough Tactics to Reduce Expenses in Tough Times" will show you how, on a step-by-step approach, to eliminate wasteful spending, and get your expenses in line with NADA profiles and guides.
How You Will Benefit:
- Learn how to review your general ledger comparative expense detail to identify and eliminate "wasteful" expenses
- Learn how to review your DMS expense trend report (a powerful tool)
- Learn how to use custom-built franchise specific Excel templates to quickly review your expenses and compare your results against NADA profiles
What You Will Cover:
- Your three largest expenses - These must be effectively controlled if you want to be profitable
- The power of the pay plan - Personnel expense is a dealership's largest expense. Pay plans must be crafted to achieve the vision of the dealer
- How to effectively manage your floor plan expense
- How to effectively manage your advertising expense
Who Should Attend:
- Office and business managers
- Dealers
- General managers
- Controllers
- CFOs
Notes:
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| Location of the Event: |
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| Registration Fees: |
| The system will automatically determine a registration fee based on your membership status at the time of login: |
| Non-member: |
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$795.00 |
| NADA Member: |
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$795.00 |
| NADA Member 2: |
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$665.00 |
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| Member 2 pricing applies to any additional attendees for a particular seminar |
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| Note on PROMO CODES: Enter an applicable, valid discount code at the time of registration in order to receive additional promotional discounts. |
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| Refer to this event code if contacting our office about this seminar: SEM09SD1 |
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| If you have any questions or would like to change your registration, please call NADA's Management Education Seminar Department at (800) 252-6232 ext. 7061 or email seminars@nada.org. |
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