Your dealership’s financial statement is more than just a report, it’s a powerful tool for identifying profit opportunities, spotting inefficiencies, and driving better business decisions. In this in-depth seminar, you'll gain the skills to properly interpret and evaluate your financial statement, with a focus on increasing profitability and minimizing tax liability.

Attendees are encouraged to bring a copy of their dealership’s financial statement for hands-on analysis and discussion.

Attendees will learn how to:

• Interpret each section of the dealership financial statement
• Identify red flags and areas for improvement
• Understand key performance indicators (KPIs)
• Uncover opportunities for increased profitability
• Implement changes that positively impact the bottom line
• Prepare for year-end planning with confidence

About the Instructor: Michael Lucki is a 3rd generation car dealer. He is the General Manager and Operating Partner of Riverhead Mazda which is a related business to Riverhead Toyota, Riverhead Ford and Riverhead GMC. Prior to purchasing the Mazda franchise, Michael was a Management Instructor at the NADA Academy where among many classes, he taught a class on car dealership mergers and acquisitions. Michael has over 20 years of automotive experience in the retail, association and vendor space.

GNYADA Seminars, held in person, are developed by qualified dealership experts to meet the highest possible standards and deliver the latest information and effective solutions for your most pressing business needs. Our programs train new and seasoned dealership professionals to improve operations and profitability within each department.