CIR-BDR Flashcards
What is the Company Mission
To deliver an aviation experience to our customers that is the pinnacle of innovation, quality, and safety.
What is the Company Vision Statement
To lead the global aviation industry by shaping the future of aviation, maintaining operational strength, and being recognized as an employer of choice.
What are the Company Values
Vision, Integrity, Passion, Trust, Innovation, Safety
What are the 10 Service Essentials
Three Steps of Service
Smile
Empowerment
Timeliness
Ownership
Passion, Care, Integrity
Professionalism
Trust
Safety, Security, Privacy
Innovate
Describe the Three Steps of Service
A warm Welcome, Anticipation and fulfillment of needs, and a fond farewell
Describe the Smile Service Essential
Recognize individuals by name, be authentic, and offer your name in return. Positivity is contagious.
Describe the Empowerment Service Essential
Build strong relationships, create fond memories, and Cirrus fans for life
Describe the Timeliness Service Essential
The key to great customer service. “Turn and Burn!”
Describe the Ownership Service Essential
Never lose a customer. Immediately resolve problems
Describe the Passion, Care, Integrity Service Essential
Treat everyone like rock stars!
Describe the Professionalism Service Essential
You represent Cirrus
Describe the Trust Service Essential
Service is a team sport
Describe the Safety, Security, Privacy Service Essential
Customers, each other, and Cirrus Aircraft
Describe the Innovate Service Essential
Be an expert. Seek opportunities to improve the Cirrus Experience
Where do you find the Org. Chart?
UKG/Ultipro > My Company / Org. Chart
Who is CEO
Zean Nielsen
What is Todd Simmons Title
President - Customer Experience
Who are the Senior Vice Presidents under Todd?
Ben Kowalski
Ravi Dharnidharka
Stephen Deucker
What is Ben Kowalski’s Title
Senior Vice President - Sales and Marketing
What is Ravi Dharnidharka’s title
Senior Vice President - Cirrus Services
What is Stephen Deucker’s Title
Owner Experience, General Manager
What is Boni Caldeira’s Title
Vice President - Sales
Who is the Executive Director of Fleet and Special Missions
Jerry Pharr
Who is the Executive Director of the SR Product Line
Ivy McIver
Who is the Executive Director of the Vision Jet Product Line
Matt Bergwall
Who Oversees International SR Sales
Jon Dauplaise
Who Oversees International SF Sales
Boni Caldeira
Which Sales Executive Director Oversees the West Coast Region?
Mike Matthews
Which Sales Executive Director Oversees the Southeast Region?
Carroll Leboeuf
Which Sales Executive Director oversees the East and North East Region?
Evans Hood
Who is on the Cirrus Certified Preowned Team
Edo Santema - Director
Travis Wellik - Sales Director
Chris Johnson - Sales Support
Who do you get a Knoxville Airport Badge From?
Mike McDivett
Describe the difference between Lead, Contact, Account, and Opportunity.
Lead becomes Contact / Account.
Opportunities fall under accounts
What is the proper naming format for an Opportunity
FIRST NAME LAST NAME - 20XX GX CPO
What is the Proposal Workflow
From the Opportunity > Create Proposal > Fill out > Generate > Download as DOCX > Edit > re-upload as PDF/DOCX > Send to Customer
When it comes back > “Submit for approval” from Quote/Proposal
What is the Change Request Workflow?
From the Opportunity > Create Proposal > Fill out > Generate
For Customizable Options what is important to understand
never use the first box
Where is the cancellation link?
Salesforce Home > right side customer links > Cancellation form
What do you do after submitting a cancellation request?
put the email or text from the customer in the Box Folder
how do you submit for a Cirrus Experience
Create Quote/Proposal > Dropdown to “Turbine - Cirrus Experience” / Set PDF into Box .. FROM OPPORTUNITY Send for Approval
What are the Steps of the Sales Funnel
Leads > Qualified Demos > Orders
What is the ratio of Leads to Demos to Orders
10 Leads
4 Demos
1 Order
What are the Highest Success Lead Sources?
Other Sales People
CSIPS
CTC
What is the main structure of qualification?
Means
Mission
Motivation
what is the rookie mistake of qualificaiton
everyone is qualified
When can appearance be deceptive
Confidence can be deceiving
if they know what to ask, they may not be qualified
what questions hint toward qualification
Maintenance, Insurance, Hangar, Specific Missions, Financing
what are some needs vs wants?
Needs a partner/Leaseback - Not good. if they cannot get in line, they probably cant afford the plane
Want’s a partner/leaseback - maybe okay. Figure out their motivation for this
what is the importance of understanding business vs personal
Helps identify the timeline
could unlock tax benefits
is ULTRA qualified good?
it depends. they could flake at the opportunity for something else
how do you determine their mission?
ASK!
a little personal is fine
what percentage of their mission should the plane cover for satisfaction
80%
How can you look ahead to their predict their mission?
think about their family, route, runway, passengers, weather
how can you uncover their motivation?
Ask questions about everything and build rapport.
what are some reasons for “Now”
Selling Business, retiring, business growth, health scare, quality time with family
How can you use their WHY NOW reasons?
help them envision themselves doing those missions
what are some red flags at a demo
showing up for a demo asking questions like they have not done any homework
What are are the steps to the sales funnel
Leads
Qualified Demos
Signed Orders
What is Section 179
Tax play for businesses where they can write off a certain amount more than just annualized depreciation.
Only Applies to New Assets
what is bonus depreciation
a percentage of Additional depreciation beyond Section 179 (if new) and for any amount (used).
What is MACRS
Modified Accellerated Cost Recovery System
How does MACRS Work
It’s a set depreciation schedule for an asset. this is applied after Section 179 and Bonus have been applied.
Basically, What is Recapture?
Basically it’s paying the tax on the asset not paid at the initial purchas.e
Give a recapture example.
Someone who bought a 3M used airplane and received 80% Bonus Depreciation, was able to use 2.4M of the purchase toward decreasing their income in that year. According to the government, the airplane now has a value of 600k. If at some later date, they then sell the airplane for 2.6M, the government would come recapture taxes for the difference. 2M in this case. That value is taxed at a recapture rate, which is typically higher than the long term captial gains rate
Why is the use of the airplane (active/passive income) important?
The tax benefit only applies to the business it relates to.
If it’s a passive account to make money, your active business cannot take tax benefit for the asset, and vice versa.
what is a Use Tax
paying taxes on what you use?
Who are the three Aviation Tax groups?
Daniel Chung (ATC)
Bart Peters. (Business Aviation Group)
Advocate Tax Group
What are the considerations for using ATC (Daniel Chung)
Don’t use if it’s a leaseback
more conservative
easy and straight forward
not very aggressive
less likely for an audit
what are considerations for using Bart Peters
Will protect you
more aggressive for benefits
more likely for an audit, but they will help protect you
What are the considerations for using Advocate Tax?
They are really good at big business and big companies
they are expensive
like to use lawyers for protection
How do state taxes work?
you must pay state tax when you buy the plane.
some states allow a use tax
Many states have a “commercial use” exemption
What is a “fly away” state
It’s a state that allows you to close on the airplane, then “fly it away” to another state where you will pay the state tax
Who can benefit from Section 179 Taxes?
Businesses
what defines business use, generally?
if greater than 50% of the flying is for business