From valet to Dealership Academy Instructor at the National Automobile Dealers Association (NADA), Jim O’Donnell joins us to discuss financial management in a dealership. He highlights how 40-60% of gross profit comes from the fixed ops department, but it rarely gets the attention it deserves. Jim emphasizes the importance of focusing on fixed ops and offers tips for communicating financial information to the team.
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Show Notes
About Our Guest
Jim O’Donnell
Dealership Academy Instructor, National Automobile Dealers Association (NADA)
odonnellj@nada.org
About Our Host
Jay Goninen
Co-Founder & President, WrenchWay
jayg@wrenchway.com | 608.716.2122
WrenchWay Resources
Salary Comparison Tool – See pay information for automotive, diesel, and collision technicians near you at wrenchway.com/pay.
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Shops & Dealerships – Want to find quality technicians, connect with schools, and support the auto and diesel industry? Learn about WrenchWay Top Shop Memberships.
Auto, Diesel, or Tech Ed Instructors – Need help getting resources for your program and connecting with industry? We have free solutions for you on WrenchWay.
Other Episodes & Content You May Like
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- Budgets, Benefits, and Flexibility ft. Rob Frohwein and Kathryn Petralia, Keep Financial
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