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1. Do I Discount to make sales?
2. Is Business slow?
3. Do I have Inventory to move?
4. Do you pay a discount to a 3rd party lender?
5. Do you extend terms for FREE?
If you answered “YES” to any question you are losing MONEY.
Examples:
1. Instead of discounting hold those discounted dollars offering
a payments plan using R/A Profit$® software 30, 60, 90 days same as
Cash. Then charging a service fee on the remaining balance, you could
increase your bottom line by 100% or more. It’s that easy.
2. Slow business comes from a multitude of factors, but the most basic
is the ability for your customers to buy. If you offer In House Financing it’s
a proven fact that customers are more likely to buy from you. The 3 biggest
reasons all the major chains offer financing is Profit, Cash Flow and
Customer Loyalty.
3. Standing Inventory is a liability in today’s world not an asset. You
are better off getting a down payment (covering net cost) to sell inventory
on time.You will be recieving payments while making the interest
dollars instead of waiting for a cash sale.
4. Dealers have to pay discount dollars to 3rd party lender 5%,
10%-20%. If you sell a $5,000.00 note at 10% discount that’s
$500.00 of PROFIT you just gave away. You are better off financing
the note yourself. Let’s look closer: $5,000.00 at 40% profit margin
equals $3,000.00 cost and $2,000.00 Gross profit, paying the 10%
($500.00) discount is 25% of your Profit$® holding this note would
increase your profit 25% plus the interest/service dollars generated
from the sale. Easily reaching an increased profit margin of 50%-100%.
In these Examples if you’re financing “Profit” you have minimized your
risk and maximized your bottom line.
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R/A Profit$® Dealer Version is designed for Mobile Tool Dealer
or anyone that conducts business in a route sales environment. We
know Mobile Dealer and specifically Franchised Dealers don't have
the necessary software to maximize their profits. Your Franchisor or
current software doesn't have the ability to auto set and charge
interest, late fees, and service fees. Forcing you to extend credit for
FREE or discount the note to your Franchisor.
Our software is a standalone Microsoft Windows based program
that fully tracks your business financial transactions and maintains
private records of all activity. Our software has 2 types of accounts,
RA and DCS. RA is for 'Revolving Account' like a credit card
account. DCS is for 'Dealer Credit Sales' and allows you to extend
credit sales like a home mortgage or auto loan. You collect and keep
the interest dollars earned for yourself, increasing your Bottom Line.
Interest is paid first keeping your risk low to none at all.
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How do banks and your franchisor profit? By charging you the
discount and charging Interest, Service Fees and Late Fees to your
customers. The accounts in R/A Profit$® software have the ability
and flexiblility to do this for your business. Putting the money in
your pocket not the banks. You will be making gross profit dollars
plus Interest/Service fee dollars.
R/A Revolving Accounts:
• Offers flexible financing on open ended credit needs.
• New charges can be added any time, like a credit card.
• Credit limits are set by you.
• Interest/Service fees are controlled by you and charged monthly.
• Same as Cash Periods is controlled by you days, weeks, or
month.
• Interest fees, Service fees, and Late fees are charged
automatically.
• Invoices can be printed or emailed (green friendly).
DCS or Dealer Credit Sale:
• Fixed payments, fixed interest, for set period of time.
• Payment start date is flexible.
• Interest rates are controlled by you or can be set to default.
• Interest is charged monthly, (simple interest) increasing your
bottom line.
• Credit limits are set by you.
• Late fees are automatically applied and an invoice generated.
• Invoice can be printed or emailed (green friendly).
All Dealers currently using our software report Increased Cash Flow,
Increased Profit Margin, and Increased Customer Satisfaction.
It’s time you started making more MONEY. Start today
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