Quantcast
Jump to content


Auto Repair Shop Management Help? Start Here

Do you have an automotive management or business related issue that you need help with? If you don't know what forum to post in, don't worry, just start by posting a new topic in this forum and we'll move in the appropriate forum category.


Subforums

  1. Specific Management Forums   (53,815 visits to this link)

296 topics in this forum

    • 6 replies
    • 2.2k views
    • 4 replies
    • 1.9k views
    • 7 replies
    • 2.1k views
  1. Price Sheets

    • 3 replies
    • 1.8k views
    • 12 replies
    • 3.2k views
  2. lead by example

    • 4 replies
    • 1.6k views
    • 5 replies
    • 2.1k views
  3. Flyers

    • 6 replies
    • 2.3k views
    • 11 replies
    • 2.3k views
    • 9 replies
    • 3.4k views
    • 2 replies
    • 1.4k views
    • 12 replies
    • 2.9k views
  4. Pick up and delivery

    • 7 replies
    • 2k views
  5. Top tech pay?

    • 13 replies
    • 3k views
    • 4 replies
    • 1.8k views
    • 1 reply
    • 2.3k views
  6. DO NOT Use Gottransmissions.com

    • 4 replies
    • 2.2k views
    • 9 replies
    • 2.3k views
    • 11 replies
    • 2.5k views
    • 11 replies
    • 2.6k views
    • 8 replies
    • 2k views
    • 3 replies
    • 1.6k views
    • 0 replies
    • 1.3k views
  7. AAA approved?

    • 9 replies
    • 2.4k views
    • 5 replies
    • 1.9k views
    • 11 replies
    • 2.3k views
    • 1 reply
    • 1.3k views
  8. Back Door Walk In's

    • 8 replies
    • 2.6k views
    • 0 replies
    • 1.3k views
    • 4 replies
    • 1.8k views
    • 7 replies
    • 2k views
  9. Need Marketing Help

    • 6 replies
    • 2.4k views
    • 8 replies
    • 1.9k views
    • 8 replies
    • 2.2k views
  10. Safety Kleen issues

    • 3 replies
    • 1.7k views
    • 6 replies
    • 1.9k views
    • 13 replies
    • 3.2k views
    • 11 replies
    • 2.3k views
  11. Promotional Items

    • 1 reply
    • 1.4k views
  12. Tire Fitment

    • 4 replies
    • 1.7k views
    • 2 replies
    • 1.5k views
  13. Estimating the unknown

    • 8 replies
    • 2k views
  14. Employees

    • 7 replies
    • 2.3k views
    • 1 reply
    • 1.4k views
    • 11 replies
    • 3.5k views
    • 5 replies
    • 1.9k views
  15. Managing Incoming Calls

    • 2 replies
    • 1.6k views
    • 14 replies
    • 3.1k views
    • 0 replies
    • 1.4k views
    • 7 replies
    • 2.7k views


  • Upcoming Events

    No upcoming events found
  • Latest Posts

    • My biggest problem with extended warranty companies is they plug up the shop's production.
    • We used to feel the same way ,that we had to accept what the insurance was paying. Now we take all the aftermarket warranties. We inform our customers that the warranty will not pay for everything and that we will deal with them and then let the customer know what the difference is. The customer is responsible for that difference and if they want the repair then we move forward, otherwise they are charged a testing/inspection fee that they agreed to at drop off and they pick up their vehicle. Everything is explained up front and we don't have any problems. Some companies insist on sending the parts and we refuse but usually there aren't any issues.
    • With the internet, social media, etc.. today is much different than years back.  While we need a balanced approached to marketing, what people say about us and how they use technology to find our more becomes the norm.  Essentially word of mouth is still powerful. 
    • I would say WOM is just as effective as it was. But that doesn’t mean don’t use Google or social media. Here’s an example that surprised me. I was chatting with a first-time caller who was referred by a good customer. As we were talking, I suggested he check our great reviews. There was a slight pause. He said he’d already checked our reviews. Wow! Even after being referred. So yes, BOTH are valuable.
    • We chose not to deal with aftermarket warranty companies at all.  Not work the hassle for our small shop.  
    • As an auto repair shop owner, you manage a multitude of tasks daily. From overseeing repairs and maintaining customer relationships to running a team of employees, financial management is often the last thing you want to think about. If this sounds like you, we have a solution to keep your finances on track! A well-organized Chart of Accounts (COA) is essential for navigating the complexities of your business's finances. This blog post dives into what a COA is, why you need one, and how you can reduce classification errors while keeping it simple.   Why You Need a Chart of Accounts Your COA outlines the accounts used to track income, expenses, assets, and liabilities within your auto repair business.  It is a tool that lists all of your transactions, categorized by line item.  Without one, you have a greater likelihood of bumping into transaction classification errors. Here are three main reasons your COA should be up-to-date and organized.   Track income and expenses.  A COA ensures that you are accurately and properly classifying every transaction that comes through your shop. From parts and sales to the cost of labor, your COA helps you avoid discrepancies in your reports.   Gain financial insights.  A COA helps you make data-driven decisions for your finances because you have information on spending trends and profitability at your fingertips.   Simplify bookkeeping.  Having a COA makes it easier for you or your bookkeeper to track and categorize transactions.    Organizing Your Chart of Accounts Minimizing transaction misclassification doesn’t need to be an overwhelming and complex process.  When you use clear, easy-to-understand categories, everyone on your financial team will thank you.   Here are several simple ways you can categorize and organize your Chart of Accounts. Parts income Labor income Service fees Fuel costs Shop supplies (i.e., gloves) Parts inventory Employee wages Insurance  Equipment (i.e., lifts and diagnostic equipment)   Most accounting software comes with a sample Chart of Accounts. You can use this as a starting point and customize it to match your specific needs. We recommend adding new categories as your auto repair shop grows and your financial future evolves. When you have a clear Chart of Accounts in place, you are setting your business up for a successful financial future. Keep your COA simple and stick to clear categories. You'll be much less likely to make avoidable financial mistakes. 
    • Episode 189 - Coaching & Communication With Your Team With Brandon Jones of Limitless Leadership
×
×
  • Create New...