Understanding financial concepts, reports and metrics are critical to enhancing a leader’s ability to make informed and effective decisions.
|Understanding how decisions impact profitability, cash flow and asset utilization.|
|Experiencing the interdependencies of key financial reports and metrics among the income statement, balance sheet and cash flow statement.|
|Identifying and considering critical financial questions before making strategic decisions and investment choices.|
|Applying the output of investment analysis tools and measures such as Net Present Value, ROI (Return on Investment), break even analysis, and Internal Rate of Return.|
|Understanding how decisions impact shareholder value.|
Dealership-based leaders must understand financial concepts, executing dealer strategies and plans, and honing the leadership skills needed to improve dealership performance.