Double R Finance Retreat 2025

Scaling Up

100

True or False:  Vanity tells us EVERYTHING we need to know about a company's performance

FALSE

200

Does increasing your stock on hand HELP or HINDER your cash performance?

HINDER

300

True or False:  Execution is the 3rd Principle of Scaling up?

TRUE

400

Who is the main author of the Scaling up Book?

Verne Harnish

500

Which lever is missing from this photo?  Clue, Alisha gets emotional when this goes up. 

Inventory/Wip

Double R General

100

Which branch had the highest profit in 2024-25?

Boya Equipment

200

What % did Double R/Boya grow revenue by in 2024-25?

2%

300

What is the name of the small town that is home to the second Boya branch in Perth?  Not Wangara...

Bindoon

400

Our Tamworth Trucks Isuzu location was previously home to what kind of business?

A Bakery

500

How upset will Matt Jackson be if he doesn't win Branch of the Year in 2025?

VERY

Gross Profit

100

What is the gross profit we aim for when selling parts over the counter in NSW?

30%

200

Did Double R increase or decrease GP in 2024-25 when compared to the previous year?

DECREASE

300

Name one way a workshop can increase gross profits?

Productivity

Efficiency

Price Increase

400

Name one way Spare Parts can increase Gross Profits?

1. Correct ordering

2. Freight Recovery

3. Avoid unnecessary discounting

500

Which branch had the highest workshop Gp% in 2024-25?  

Leinster

From the Bean Counters

100

What is an acceptable balance (in dollars) to have owing from cash sales at EOM?

$0

200

Which branch received the MOST golden beans in 2025?

Hunter Valley

300

What must we keep increasing to keep profits growing in 2025-26?

Gross Profit

400

If Revenue is increasing, but profits are decreasing, what are the 2 levers we can pull to start pushing profits back up?

1. Reduce Costs (overheads)

2. Increase Gross Profits

500

What does the term EBITDA stand for?

Earnings before Interest, Tax, Depreciation and Amortisation

Double R History

100

How many years of Double R are we celebrating this year?

20

200

How many years have Jake and Cheyne been part of the Double R team?

15 Years

300

Which year did Double R take on Karratha and Leinster?

2017

400

Which retreat did this photo originate from?  Name the place and year.

Dungowan Station - 2022

500

How many years have the Double R Management Retreats been going, including this year?

9 Years