How Is Your BHPH Business Like a Bathtub? With an Open Drain?
What does it mean to achieve positive cash flow in Buy Here Pay Here? And what are some of the factors that make it take longer? How is it that some operations never get there? What is the impact of low sales/finance volume? In today's live broadcast, we'll talk through Jim's "bathtub" analogy to help newer dealers and those contemplating BHPH better visualize the ways to reach and enjoy positive cash flow!