MARGINS, MARGINS, MARGINS – The math is simple; the higher your labor and parts margins are, the higher your overall net profit is. However, many shops aren’t earning the profits they deserve because they struggle with their margins. A margin is the difference between the cost of a part or tech’s time to you and the price you sell it for; the bigger the difference, the more profits you’ll make. In this webinar, we’ll review 5 steps to help improve your shop’s margins and make you more profitable.
Key Takeaways:
- Understanding Your Margins
- Improving Your Labor Margins
- Reaching Target Margins