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TO:       WHOM IT CONCERNS

FM:       J.S. LARGER

DT:       2013

SJ:       COURT APPOINTED RECEIVER SERVICES –
          MOTOR VEHICLE DEALERSHIP & FRANCHISE SPECIFIC

Whether boats, cars & trucks, RV or motorcycle dealerships the State of Ohio looks at these as similar
business operations and so should we. While there are many people that can run traditional businesses;
the nuances of motor vehicle dealerships, with different departments, rolling inventory, titled assets and
financial instruments like “floorplans,” is more challenging and transcends typical text book business
knowledge and expertise.

Used vehicle operations are typically less involved than the intricacies of new dealerships and
manufacturer franchises arrangements and yet they too present their own unique challenges.

In my 35 years of retail, fleet, and wholesale operations (Central Ohio market) experience I have
developed a sense of what to look for, especially, in these type business units. I’ve also interacted with
many owners and literally hundreds of salespersons, business managers and general managers. Some
of these persons may also be available as the need arises.

For my involvement I bring to the table a skill set that includes expertise in:

         General Evaluations – What to look for
         Marketing and General Management of Motor Vehicle Operations
         Budgeting & Expense Control
         Systems and Operational Work Flows
         Vehicle Inventory Management & Controls
         Operating Line-of-Credit (LOC) and Floorplans
         Ohio BMV Contacts - Licensing
         Title and MSO Handling - Compliance
         Manufacturer Liaison Experience
         Structuring Sales: Orders – Trades – Finance – Payoffs
         Dealer only Auction Activity & Involvement
         Web Marketing of Inventory – eBay, Proprietary Web Marketing Sites, etc.
         Cash Flow Management
         Ability to Investigate and Anticipate




                                                                    www.npam.biz
                                                                    New Perspective Asset Management
                                                                    Experienced Court Appointed Receivers

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Receiver Services Introduction

  • 1. TO: WHOM IT CONCERNS FM: J.S. LARGER DT: 2013 SJ: COURT APPOINTED RECEIVER SERVICES – MOTOR VEHICLE DEALERSHIP & FRANCHISE SPECIFIC Whether boats, cars & trucks, RV or motorcycle dealerships the State of Ohio looks at these as similar business operations and so should we. While there are many people that can run traditional businesses; the nuances of motor vehicle dealerships, with different departments, rolling inventory, titled assets and financial instruments like “floorplans,” is more challenging and transcends typical text book business knowledge and expertise. Used vehicle operations are typically less involved than the intricacies of new dealerships and manufacturer franchises arrangements and yet they too present their own unique challenges. In my 35 years of retail, fleet, and wholesale operations (Central Ohio market) experience I have developed a sense of what to look for, especially, in these type business units. I’ve also interacted with many owners and literally hundreds of salespersons, business managers and general managers. Some of these persons may also be available as the need arises. For my involvement I bring to the table a skill set that includes expertise in:  General Evaluations – What to look for  Marketing and General Management of Motor Vehicle Operations  Budgeting & Expense Control  Systems and Operational Work Flows  Vehicle Inventory Management & Controls  Operating Line-of-Credit (LOC) and Floorplans  Ohio BMV Contacts - Licensing  Title and MSO Handling - Compliance  Manufacturer Liaison Experience  Structuring Sales: Orders – Trades – Finance – Payoffs  Dealer only Auction Activity & Involvement  Web Marketing of Inventory – eBay, Proprietary Web Marketing Sites, etc.  Cash Flow Management  Ability to Investigate and Anticipate www.npam.biz New Perspective Asset Management Experienced Court Appointed Receivers