Operating a Dealership Debt-Free

Frank Fletcher

Owner, Fletcher's Outdoor Power Equipment

Frank Fletcher, owner of Fletcher's Outdoor Power of Delmont, Pa., has a plan in place to be 70% free of floor plan financing in 2020 and 100% free by 2021. They've had to make some tough decisions, but are seeing the benefits. " Cash flow has improved hugely and debit risk is dropping," says Fletcher. Learn how the dealership is achieving this goal without limiting the growth the dealership and while preparing for the next generation of ownership.