To Create More Wealth for Our Dealers than Anyone in the World
About Us
Welcome to Profit Concepts
Profit Concepts Management Inc. was founded in 1990 by experienced automobile professionals to bring innovative products and services to automobile dealers nationwide. Our mission is simple: “Provide products, services, and training to our automobile clients to maximize their profitability and enhance their overall operation.”
We provide on-site services to our dealer clients, including:
F&I Training and Tracking
Sales
Training
Staffing and Recruitment
Compensation Plan Development
Overall Dealership Operation Review
Our Mission
To Create More Wealth for Our Dealers than Anyone in the World.
Our Reinsurance
Reinsurance Isn’t Something We Do, It’s What We Do!
Our Philosophy
Provide concepts to enhance operations and implement those concepts on a daily basis. We have hundreds of satisfied references and our commitment to the industry is second to none.
Income Development
Turning performance into profit
Our Goal: To increase revenue, while reducing risk, and to continue to train and recruit the top personnel for your business.
Our Team will help you with:
Product Selection
- Pricing
- Risk analysis
- Proforma
- Appropriate dealer participation program
Sales Department
- Training
- Mentoring
- Recruiting
Service Department
- Training
- Mentoring
- Recruiting
F&I Department
- Training
- Mentoring
- Recruiting
Training
Develop expertise. Drive results.
At Profit Concepts our training is a total package of learning activities designed to achieve F&I excellence in accordance with the highest level of automotive standards. This system insures trainees will acquire the specific knowledge and skills they need to produce extraordinary profits and product sales while promoting an outstanding client experience.
The training methods used at our school promote learning and retention. Repetition of the information is presented followed by questions that encourage discussion and promote greater explanation. As well, one on one video taping tracks their progress. We present the concepts using a variety of learning strategies to ensure that trainees with different learning styles can assimilate the knowledge.
ETHICS: Profit Concepts training begins with a values orientation communicating the standards, laws and best practices that govern our industry.
4 Functions of F&I
Every student will understand the 4 key functions of F&I and their responsibilities regarding each one
- Admin
- Lender
- Management
- Sales
Staffing and Recruiting
We will screen and evaluate any potential talent for our clients
- GM
- GSM
- Sales Manager
- Finance Director
- Business Manager
Financial School
- 3-4 day school
- Process and methodology
- Needs awareness
- Menu Presentation
- Objection handling
- Ethics
- Compliance
Portfolio Reinsurance
Group Operating Highlights
5,505
Dealer Rooftops
2,047
Reinsurance Companies Under Management
$7.27.2B
in Written VSC Premium
$2.82.8B
in Written VSC Premium
$2.32.3B
Borrowed to Expand and Improve Operations
$845M
Investment Income Earned
$1.31.3B
Taken in Dividends from their Reinsurance Companies