Houston Independent Automobile Dealers Association August Issue: Increasing Sales | Page 10

Dealer Academy 2016 Better BHPH Financials Presented by David Keller, CPA, a principal with the dealer group at CliftonLarsonAllen, one of the nation’s top 10 CPA and consulting firms. The craziness of a busy BHPH operation can make it tough to plan for future growth. But sometimes you need to take a few hours off from working IN your business so you can work ON your business. This ½ day seminar will demonstrate how better organizing your financial and operations structures can be the key to growing your portfolio. Participants will learn: 8:30am - 12:00pm $99 TIADA Members, $199 Non-members (includes up to 3 attendees per dealership) • • • • • • • • •  How to increase their credit line, and/or establish a new line The importance of presenting clean, clear financial statements Cash flow management (the key to future planning) How to determine how many units you need on hand How to determine how many dollars you need on hand Static pool analysis, what it is and how it works How to properly value inventory, including turn time How to read financial statements Proper expense allocation and costing Wednesday, June 22, 2016 Houston, Texas Sponsored by: www.claconnect.com www.avpadmin.com Texas Independent Automobile Dealers Association Sheraton Houston Brookhollow Hotel 3000 North Loop West Frwy. • Houston, TX 77092 713.688.0100 This class has been approved by NIADA as a Certified Master Dealer continuing education course. Register online at www.txiada.org or by phone at 512.244.6060.