Expense Control & Financial
Using Key Performance Indicators in Automotive Shop Management
Using Key Performance Indicators in Automotive Repair Management In the automotive repair business circumstances will always require management attention. If a business is to sustain positive growth then key performance indicators can be evaluated to identify areas to which attention should be focused. When utilizing key performance indicators they should always be compared to bench…
You Can’t Take Percentages to the Bank
You Can’t Take Percentages to the Bank Far too many shop owners are so determined to make a certain percentage of gross profit on each job, that they lose sight of profitability, as well as customer service. I’m talking about the people who judge their success by percentages rather than dollars. These are the shop…
Automotive Repair Business Year End Check Up
At the end of the year and before the start of a new business year businesses take stock of where they stand and make plans for the upcoming year. At this point it’s a good time to revisit some existing business practices and possibly plan to adopt some new ones in order to ensure business…
The Automotive Repair Business Annual Check Up
The end of the year is the time we start to look forward to the next year and develop goals and plans. Performing a check up on the state of the business will help to identify opportunities to be taken advantage of and weaknesses that need to be improved. Also the checkup will define or…
Know Your Numbers
Know Your NumbersBy Bob Cooper Over the last 25 years I’ve been amazed to discover just how many shop owners are lost when it comes to knowing and understanding “the numbers”. In order to build a successful auto repair shop, you are going to need to know two sets of numbers: your “financial” benchmarks, and…