Financial and operating records, carefully maintained, provide dealers with the only sound measuring device for business performance. They help measure the ability of a business to generate profits and to meet claims against those profits. They also provide the basis for determining a business’s strengths and weaknesses and may, through analysis, suggest how best to plan for profits and to maintain solvency.
Download this list of key financial and operating ratios, which were adapted from the United Equipment Dealers Assn.’s Cost of Doing Business Study, to share with new managers or for a "refresh" on the metrics that you typically watch at your dealership.
