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YOUR COLLECTION
                                                             GOALS






                     Let's dive in deeper to these numbers so that you understand how we calculate them and how you can
                     set goals for yourself using these numbers. Remember, the success of your entire career with RAC will
                     be very closely tied to these collection standards so pay close attention. Follow the instructions for each
                     example to complete this activity.

                                                   My store's collection standards are:
                         Monday Open        Thursday Open     Thursday 7+ Close    Saturday Close     Saturday 7+ Close






                       Example 1                                                                                                                                                                                                                       WELCOME & ORIENTATION  /  TRAINING ROADMAP
                                           Can you figure the closeout goal for this store?

                                                       Today’s (Saturday) Open:

                        BOR/Accounts      1-6          7-14         15+           SSH          TOT         Open %
                            622           5            40             5            0            50
                       1. What did this store open at today?
                                                                       a._____________________Overall %

                                                                       b._____________________7+%


                       2. What is the Saturday Closeout Goal?
                                                                       a._____________________Overall %

                                                                       b._____________________7+%


                       3. Accounts seven or more days past due (7+):   a. How many 7+ accounts can this store have
                                                                       and still achieve 4.5%?



                                                                       b. How many 7+ accounts does this store need
                                                                       to clear?

                       4. Total number of past-due accounts:           a.  How many total past-due accounts can this
                                                                       store have and still achieve 5.9%?How many
                                                                       total past-due accounts does this store need to
                                                                       clear?


                                                                       b. How many total past-due accounts does this
                                                                       store need to clear?





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         Drive_First_Gear_vF2-0_Day3.indd   203                                                                      7/9/2015   4:01:23 PM
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