It will only take five minutes so grab a coffee and take the time.
Am I satisfied with the lifestyle my business is providing? | Yes | No |
Did I make the profit I wanted and expected last year? | Yes | No |
Did I pay too much in floor plan interest expense? | Yes | No |
Did I have to pay curtailments on my inventory? | Yes | No |
Did I have any delays in receiving product due to credit line issues? | Yes | No |
Do I know what my current wholesale credit line and bank line is? | Yes | No |
Do I know how much is outstanding on my credit lines? | Yes | No |
Was I able to meet my payable commitments on timely basis? | Yes | No |
Do I have too much carryover inventory? | Yes | No |
Do I know what operational changes I want to make to get a better return on my investment? | Yes | No |
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These are just of few of the questions you should ask yourself on a regular basis. No matter what the size of business, for example your manufacturer, accessory supplier or finance company, these are the types of questions that they review and set out in a business plan annually, bi-yearly and quarterly. Why not apply this winning formula to your business.
Were you able to answer all of these questions positively? Were all of your answers in line with your goals and objectives? If the answer is no then why not call me for a complimentary tele-consult. Put my experience to work for you and put more dollars to your bottom line!