Managing & Growing a Profitable Service Division is an in-depth review of the principles and strategies necessary to run a profitable service department or division. Many dealers view their service department or division as a necessary evil or loss leader, not a profit machine. In this course, dealers will learn the correct approach to running a profitable service department or division that can generate 20-35% net income each month.
Class Mission
Identify the opportunities for service within your business
Determine the cost of your service department within your current organization: Labor to Overhead
Review the organizational structure within the service department and optimize for maximum profitability
Create scheduling and dispatching guidelines
Establish your truck stocking and warehouse inventory plan
Create your service management plan and develop the tools you need to monitor, measure, and maximize service performance
Develop your service training, recruitment, and retention program for the next 12 months
Develop a service department growth plan – What is possible
Create the marketing and promotion plan for your service department
Class Outline
Class Mission
Determining the Cost of Running Your Service Department