Component 1: Dealership Financial Statement Evaluation and Analysis
 

• Chart of Accounts Builder: Provide your current Profit or Loss Statement (Income Statement) and Balance Sheet. Spader will review and grade your chart of accounts to recommend changes designed to make your own financial statements a better management tool.  
   
• Spader then converts your numbers into a management-driven financial report format, as permitted by your current financial statement structure and chart of accounts. This report is provided either in print or via our secure Spader Online Services portal. Spader will also provide an assessment of your current financial performance as compared to Spader guidelines and also to industry aggregates.
   

Component 2: Online Profit Production Workshop and Budgeting Tool with Support
 

• Participate in a 1.5- to 2-hour online workshop with a focus on planning for total company profitability and management. Workshop date(s) to be announced.  
   
• Workshop materials will be provided electronically, including a sample dealership case study designed to help you learn the management concepts and see the issues in your own dealerships.  
   
• If you submit your financial data in advance, you will have the management report (above) in the same format as the case study dealership in the workshop so you can follow along and learn how to evaluate your own results. 
   
• Note: Depending on lead time and number of participants, some dealers who submit data too close to the workshop date may not receive their reports back in advance. These dealers will still have the case study reports to work with, and will receive their own management report as soon as possible after the online event.  
   
• Spader guidelines in key areas of dealership performance will be incorporated into the workshop so you learn how to compare the case study, and by extension your own dealership results, to help identify problem areas as well as strengths and opportunities.  
   
• Spader will incorporate industry aggregates into the workshop to help dealers see how their key performance metrics compare to others in the industry, including higher performers.  
   
• Workshop participants will learn how to create an annual profit plan at the total company level that addresses the key profitability areas including: sales, gross margins, inventory levels and turnover, labor rates, expense ratios, and more.  
   
• Following the workshop, all participants will have immediate access to Spader’s Online Quick Budget software tool. You can use this tool to immediately apply what you’ve learned and create your own profit plan.  
   
  
  • Online Quick Budget walks you through the same annual profit planning process taught in the online workshop in an easy-to-use, secure spreadsheet format.  
     
  • Once you have created an annual budget, the tool provides a utility to split the annual numbers into monthly budgets based on your dealership’s specific seasonality.  
     
  • Each monthly budget can be tracked using the built-in deviation reporting tools (or by upgrading to Spader True®). 
  
   
• Spader will provide support for technical questions as well as knowledgeable budgeting help via toll-free phone or e-mail. 

Profit Production Package Flyer pdf (157k)

Profit Productino Package Order Form pdf (197k)

Special Discounts Available on Profit Production Package!

You may be eligible for a discount on the Profit Production Package if you are involved in any of teh following:

• GE Dealers in Canada
• GE RV Dealers in the U.S.
• Members of MRAA