RV dealers attending the 2022 RV Dealers Convention/Expo at Caesars Palace, Las Vegas happening in November, will hear from an expert about how they can manage working capital for their dealership.
Jane Saxon, a certified public accountant who specializes in RV dealerships, will present the workshop as part of the dealer/GM track during RVDA’s event.
“The Right Balance – Optimizing Working Capital and Cash in Your Dealership” is an hour-long workshop, scheduled for 2:00 p.m. Thursday, November 10, designed to help dealers determine the right amount of liquid assets to keep in the dealership.
According to a press release, Jane will explain how to calculate working capital ratios, teach techniques to find the optimal level of working capital for your dealership, and assess if current working capital/cash is too high, too low, or exactly right.
Topics for this course include:
- Strategies to effectively manage working capital
- How to calculate your working capital ratio
- How to manage and monitor to this level to assure effective use of capital, maximum return on investment, and value building of the dealership
Jane Saxon is a principal with Somerset CPA & Advisors and leads the national dealership team. The group serves clients in the automotive, RV, Powersports, boat, Ag equipment, and construction equipment industries.
About the RV Dealers Convention/Expo
Just as dealerships strive for continuous improvement, the RVDA Convention/Expo Committee is using the same principle when it comes to the RV Dealers Convention/Expo. The education program will provide segmented content based on dealership size, management structure, and revenue in addition to focusing on things dealers have in common.
The annual RVDA Convention/Expo brings together dealers, manufacturers, suppliers, and RV industry business partners for the premier dealer education and networking event of the year.
To register, visit www.rvda.org/convention. Regular updates will be posted on the convention website, Facebook, Instagram, LinkedIn, and Twitter.
Companies interested in partnership, sponsorship, exhibiting, and Vendor Training +Plus opportunities can contact Julie Newhouse at (703) 364-5518 or send an email to [email protected].