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  • Biggest Expense Hole?

    Posted by Tom Ham on October 2, 2011 at 12:20 pm

    What is the biggest expense hole that you have plugged during the past year or so?

    At our shop it was terminating a newcomer marketing program that brought no results…about a $2K annual waste of money.

    pinfante replied 10 years, 7 months ago 8 Members · 7 Replies
  • 7 Replies
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  • sosborn

    Member
    October 3, 2011 at 5:19 pm

    We came up for renewal with our laundry provider. shopped several

    options and then showed it to our current company, they matched prices

    and it’s saved us over $200 per month!

  • joecval

    Member
    October 3, 2011 at 9:21 pm

    Renegotiated my shop lease….6k saved

    Sold some stuff and consolidated to discontinue using off site storage….1k

  • ronhaugen

    Member
    October 3, 2011 at 9:51 pm

    Gave the yellow pages the boot = $14,400 a year savings.

  • kd-auto

    Member
    October 4, 2011 at 12:04 am

    My employee of 10 years left for “greener” pastures. I thought this’d kill me,and my gross sales dropped some 40%! My supplies and tools always balance now and are accounted for every day. I have no more BS govt paperwork to fill,no workman’s comp,etc. I decided to go it alone for at least 1 year until the economy (hopefully) recovers. I have figured out I have saved 8000$ over the past 8 months, so more net profit even though gross sales are down 40%. Guess my guy wasn’t pulling his weight.

  • gcauto

    Member
    October 4, 2011 at 12:28 pm

    We have also decided to reduce/eliminate our yellow pages ad although we won’t see those savings until early next year. Our book offers free 1 line phone/address in bold in the yellow pages and the white pages, so customers can still find us.

    I review our budgets on a monthly basis, so this is an on going review to determine what else we can reduce/eliminate to save money.

  • davesgarage

    Member
    October 10, 2011 at 11:46 pm

    Let 2 inept techs go and hired one intellegent one to replace them. Saved over 5k in comebacks from the previous year.

  • pinfante

    Member
    November 29, 2011 at 1:40 am

    I read you stopped using the yellow pages. I’ve been tempted, but

    afraid of what might happen to the lead count. And, I’d be out for a

    whole year – not like I could turn it back on in a month or two.

    What did you find the impact to be when leaving the yellow pages? Any?

    Why or why not?

    Thanks.