Quantcast
Jump to content


    • You can post now and register later. Already registered? sign in now to post with your account.
    • ×   Pasted as rich text.   Paste as plain text instead

        Only 75 emoji are allowed.

      ×   Your link has been automatically embedded.   Display as a link instead

      ×   Your previous content has been restored.   Clear editor

      ×   You cannot paste images directly. Upload or insert images from URL.


      Once you submit your question, a new topic will be created for you in our forums. Our moderators may move your topic to a more suitable forum category if one exists. Members will see your topic and be able to respond to your question.

    • This will not be shown to other users.
CarER

I'm Confused... And need help.

Recommended Posts

Hey all! So I've been too embarrassed to ask this question before hand but I'm so tired I don't even care anymore.

 

I've been keeping records as best as I can lately, as far as quickbooks and Mitchell and everything. On paper, everything looks good.

 

By that I mean:

- ARO is growing: - up from about $180 earlier in the year to about $230 last month and growing steadily.

- My GP% is hovering at 57-62%

- Car Count is slowly climbing - at 55 last month (we're a smaller shop)

 

But the problem is, there is hardly any money left from week to week. I can't seem to figure out what I'm doing wrong. I try my best not to spend money unnecessarily, mortgage is not very high, expenses are a bit more than they should be, but is that all that's sucking the money? And I know this question most likely cannot be answered like this, but maybe you guys can point me in the right direction.

 

Feel free to ask any questions. Thank you in advance!

 

Share this post


Link to post
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Similar Topics

    • By Mark Johnson
      Shop owners did you hear? If you have been affected by COVID-19 you are eligible for a SBA disaster loan of up to $2M. This loan is from the Federal Government with interest an rate of 3.75% and up 30yrs payment term. It is not available in private financial institutions (banks).
       
      ALL STATES CAN NOW APPLY!   
      So what information do you need?
      A LOT!
      ●    Most recent Federal income tax returns
      ●    Personal Financial Statement
      ●    Schedule of Liabilities listing all fixed debts
      ●    You Fill out All SBA Paperwork
      ●    Year-end profit-and-loss statement and balance sheet for that tax year
      ●    A current year-to-date profit-and-loss statement
      ●    Monthly sales figures for increases in the amount of economic injury.
       
      And there may be even more!
       
      We are currently helping shop owners navigate through the applications process.
       
      For more info call us at 1954-324-0803 or book an appointment at https://calendly.com/markjohnsontaxplanner/45min

      View full article
    • By Joe Marconi
      Usually the winter drops off in sales, but along with car counts.  This year is different.  Customers seem consumed with debt and worried about thier finances, and putting off needed vehicle maintenance.  Not good.  In the long run this leads to breakdowns and larger repair bills. 
    • By nonstopgo68
      My shop manager any good?  Cant find anything bad on Web. No contracts and guaranteed.
       
      Thanks in advance.
    • By Elite Worldwide Inc.
      Elite's AMI accredited Online High Impact Course, sponsored by Jasper Engines & Transmissions, starts October 16th!
      This industry acclaimed online service advisor training course is delivered by 2019 Ratchet & Wrench All-Star Award winner Jen Monclus, and has been proven to generate both happier customers and higher sales.
      Here are a few of the topics that will be covered:
      - Selling multiple repairs & big ticket items
      - Selling diagnostic testing & maintenance
      - Building powerful relationships in 60 seconds
      - Overcoming the most challenging sales objections
      - Generating more repeat and referral business
      - Presenting service recommendations in a way that makes customers want to buy
      - Note: Course will come with a workbook, homework assignments and testing to ensure accountability and lasting results
      It's only $179 to enroll, and seating is limited, so call 800-204-3548 or visit our Online High Impact page to secure your advisor's spot today!
    • By DUFRESNES
      Our Service writer is paid 8% on all sales.  When he is off for 2 days, we have another hourly person that service writes.   My question is we pay the SW that was off for 2 days 8% on all sales, but take them as vacation days.  The person filling in (he does a great job) pay him the difference if he was service writing and would be commission.    Looking to see if somebody has a better solution.  If the regular SW is on vacation, I can figure the sales from his last day till he comes back.  That is not a problem
       


  • AutoShopOwner Sponsors



×
×
  • Create New...