Rob Racine, J&B Cycle & Marine Co Ltd. calls Chris Brown "a truth serum"

Rob strongly recommends that any dealership, regardless of age or volume, explore their financial well being with the expertise provided by Chris and Lifeline Business Solutions.

 "The recent changes in the Motorsport and Marine industry have placed increased pressure on dealership owners to better realize and manage the true operating costs affecting their bottom line. Shrinking margins influenced by increased freight charges, finance lending fees, and in some cases by OEM's looking to win back their losses on the backs of the dealer network. The average retail operation can no longer be just "average" in how they examine the health of their dealership.

Choosing to simply operate as we have done so in the past would only prove results well below average at year-end without any indicators along the road. Failure would be imminent.

 Our tendencies have been to measure our performance on how well our cashflow is working or how many more units we have sold this season VS last. Or how busy we think we are? The reality is that all of this will not prove the results we or more importantly, our financing lenders are looking for in a dealership's fiscal performance.

What will matter and make the difference you are looking for? Having a road map, a plan that details the areas within each department and product group that most need your attention is the first item. Understanding the information and checking your progress weekly and monthly will assist you to make the required changes along your way.

We have been advocates of the Spader financial management philosophies for years, however, the analysis that Chris Brown of Lifeline Business Solutions completed has helped our management team identify and understand the areas within our dealership that needed attention most in today's market.

His report outlines and expands on the greater influences and he explains the terminology in ways that we understand. Further to the analysis Chris brings to light the key areas that Banks will be most concerned with during their annual review. Understanding their prospective will empower you to present your position, efforts and the plans you have to make improvements. Ensuring the lowest possible rate and securing existing credit line limits we have come to rely on. All of which will ensure your operations future and allow your business to grow.

As I put it to Chris, Spader has good teaching principles, but you are the truth serum. I would recommend any dealership regardless of age or volume to explore their financial well being with the expertise provided by Chris Brown & Lifeline Business Solutions. Unless you are one of our competitors...you should not ignore what could be the answers to the questions you ask yourself on your drive home. We will certainly be looking for continued "check ups" for years to come".

Sincerely,

Rob Racine

General Manager/Owner

J&B Cycle & Marine Co Ltd.

Since 1970

 

Comments (23)

  1. BachJohann

I am constantly stunned by the measure of data accessible on this subject. What you exhibited was very much explored and eloquent so as to get your stand on this crosswise over to every one of your perusers. Let Campaign Tax Enquiry

  Attachments
 
  1. BachJohann

Im no professional, but I believe you just crafted a very good point point. You definitely understand what youre talking about, and I can seriously get behind that. Thanks for staying so upfront and so truthful. Tax Investigation Self Employed

  Attachments
 
  1. BachJohann
  Attachments
 
  1. edward fox    BachJohann

I don’t usually comment but I gotta say thanks for the post on this amazing one : D. X’MAS Wishes

  Attachments
 
  1. BachJohann

a debt of gratitude is in order for this usefull article, sitting tight for this article like this once more. Let Campaign Tax Enquiry Accountants

  Attachments
 
  1. peterseo

I have perused your online journal it is exceptionally useful for me. I need to express profound gratitude to you. I have bookmark your site for future redesigns. Let Property Campaign

  Attachments
 
  1. peterseo

extremely fascinating continue posting. Let Property Campaign Accountants

  Attachments
 
  1. edward fox    peterseo

Hey, maybe this is a bit offf topic but in any case, I have been surfing about your blog and it looks really neat. impassioned about your writing. I am creating a new blog and hard-pressed to make it appear great, and supply excellent articles. I...

Hey, maybe this is a bit offf topic but in any case, I have been surfing about your blog and it looks really neat. impassioned about your writing. I am creating a new blog and hard-pressed to make it appear great, and supply excellent articles. I have discovered a lot on your site and I look forward to additional updates and will be back. Happy New Year Poem

Read More
  Attachments
 
  1. BachJohann
  Attachments
 
  1. BachJohann
  Attachments
 
  1. BachJohann
  Attachments
 
  1. BachJohann
  Attachments
 
There are no comments posted here yet
Load More

Leave your comments

Posting comment as a guest. Sign up or login to your account.
Attachments (0 / 3)
Share Your Location

Free Special Report

Insider Secrets to Achieving the Profit You Want And Deserve

Lisa Marie on Chris Brown, Lifeline Business Solutions

Lisa Marie

free consult

Testimonial

"When it comes to Finance and Commercial Credit, he is one of the most knowledgeable people I know. No one I know has more in-depth experience or understands distribution finance better than Chris"

- Joe Conte, Canadian Counsel, Textron Financial Canada Limited

Money Back

My promise of performance

A guarantee that you will receive a minimum 10:1 return on your investment in my services through a ratio and percentage analysis of your financial statements that will identify realistic adjustments you can make to add profit to your business.

Click here