Do you know what your dealership is really worth?

Description

Abstract: To get a loan in this tight credit environment, it’s more important than ever that dealerships be able to accurately determine their net worth. It’s important to go beyond the figure provided on the balance sheet to find unrecorded liabilities or contra assets such as those with a negative credit balance. Areas to examine include uncollectible receivables, inventories, fixed assets and F&I chargebacks.