Profit+ Level I - Breakthrough Practices in Cost Cutting

An initiative to helping the dealer community - Message from Mr. Nikunj Sanghi, President FADA.

Dear Fellow Dealer :

In the nearly 50 years since its founding, FADA has endeavoured to play the role of a trade body that has facilitated dealerships in conducting their business

Over the past year, we have sought to take our existing activities to greater levels : the Auto Summit this year and the FADA Journal being but two examples of this

In the coming months, FADA plans to launch a series of initiatives aimed at benefiting the dealer community, especially in areas where the community needs assistance to address its concerns and problems

Profit+ is an initiative being immediately launched to address an area of concern to dealerships : how much they actually earn. It seeks to both :

• Introduce to the community unique and proven paths that have helped dealerships earn significantly superior profits, as also in going forward
•  Provide them assistance in implementing these frameworks at their dealerships

The Ekalavya Column - May 2012

Those who do not learn from History are condemned to repeat it

Here’s a quick test of investment acumen. Based on facts presented for roughly the same period, not at two vastly different points in time, choose the company to invest in

Option I : The company deals in petroleum products, has 90% of the world’s capacity in oil refining, 20,000 oil wells, 6000 km of pipelines, 5,000 tank cars and 100,000 employees

Option II : The organization makes soaps and candles, employs 80 people and has a turnover of USD 1 million

Made your choice? Was it Option I : Standard Oil, or Option II : Proctor and Gamble?