Quantcast
Jump to content


Tyler Rice

Credit processing fees?

Recommended Posts



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 Forum Topics

    • Recording requirements & special fees in your state. A little survey

      I'm just about to settle on a software package to run my shop. I've found looking at a number of them that there are a few that don't seem to tick the basic boxes in information gathering that we as registered repair shops are required by law to do. I'm wondering if this is a New York specific issue or if this issue happens everywhere. Would you guys comment on your state requirements.  I'd like to pass some more information to the software company I'm working with in hopes that they motivate to make some improvements to satisfy these requirements. Example, in NYS we are required to capture a signature or document approval with the customer complaint to begin work on the vehicle before we touch it. We must record mileage when the vehicle enters the shop and when it is finished. We must state the warranty for each item and the terms and time limit for any guarantee on repair work. We have to collect a non taxable $2.50 waste tire management fee for every new tire sold. We have a state safety and emissions inspection that is varies in fee and is non taxable.

      By Junior, in Auto Repair Shop Management Help? Post Here!

      • 0 replies
      • 135 views
    • Shop supply fees

      I'm just curious what other shop owners charge for shop supply fees. In the past, I've heard various responses; some charge a percentage of the total bill (parts and labor), some charge just a percentage of labor, others charge a flat fee. We've tried a low flat fee in the past but that doesn't prove to even make a dent towards covering the cost of shop supplies. We switched to a small percentage and found that we netted about the same because the quantity of large $ tickets balanced out with the quantity of low $ tickets.  Looking to make another change that will prove worthwhile but wanted to get some feedback first. We're in the Eastern PA area. Thanks so much.  

      By TOMSAWYERAUTO, in General Automotive Discussion

      • 5 replies
      • 452 views
    • High Performance Workshop In Chicago! (Customizable To YOU)

      Let me ask you a few questions about your year to this point… Has 2018 been the killer breakout year that you hoped for? Are you still tired of not having enough quality car count in your shop every day? Are you wondering why you’re working so hard, yet not making the money you should be making? Is the endless ‘feast or famine’ of this business driving you nuts? Are you frustrated with running around your shop all day putting out fires – instead of getting any ‘real’ work done? Are you ready to get a proven plan handed to you on a silver platter that will help you attract an endless supply of customers, crank up your profits, and get your shop running in tip-top shape – while working fewer hours than you’ve ever worked before? If so, you’ll want to do everything humanly possible to clear your schedule and join us at the upcoming High Performance Workshop (August 18th & 19th)
      - UPDATE: EVENT HAS PASSED. CLICK HERE TO WATCH AN EXCLUSIVE SALES TRAINING You’ll be exposed to the TRUTH about what it takes to be successful in today’s environment from an actual million dollar shop owner. This workshop is a 2-Day LIVE intensive training where we take you by the hand and walk you through every step of what it takes to run a KICK-BUTT, smooth running, and HIGHLY PROFITABLE repair shop! Click here to learn more and register today! Ron

      By Ron Ipach, in Shop Management Coaching, Business Training, Consulting

        
      • 0 replies
      • 183 views
    • Overtime without high production will hurt your shop's profit

      Not every shop pays flat rat; for many reasons.  So, many techs are on hourly pay.  There is nothing wrong with hourly pay, as long as you have an incentive program in place that promotes high production levels to avoid complacency.  For hourly paid employees I strongly urge you to have a pay plan that rewards production levels on a sliding scale.   As a business coach, I have seen too many times shops with low production levels and high tech payroll due to overtime pay. Overtime pay must not be used to get the jobs done with no regard to labor production.  Limit overtime and create a strategy that increases production and rewards techs with production bonuses.  By the way, there are many ways to incentivize techs, it's not all about money.  Overtime without high levels of production will eat into profits and if not controlled, with kill your business.  If your shop is an hourly paid shop, what incentives do you have in place to maintain production levels? 

      By Joe Marconi, in Accounting, Profitability, & Payroll

        
      • 0 replies
      • 315 views
    • VISA DEBIT VERSUS VISA CREDIT VERSUS MASTERCARD

      Up to a couple of months ago, we would ask each customer debit or credit.  If they ran a debit, they put i their pin and there wasn't a signature line.  If it  ran it as a credit, they didn't have to put their pin in and they would sign.  Why you ask if this such a big deal.  It means about 400.00 more a month.  A debit card no matter the amount of the sale, it was .25 if it was run as a credit it is a percentage such as 1.78% - 2.5%  I have been on the phone to Key Bank and to 1st Data, emails and etc.  Nobody knows anything about what could have happened except to say that is the way Visa wants it.   I have said do you suppose there will be a class action.  Just one more way to make money for our credit card charges.  According to the people in charge nobody else has this problem but me.  Funny thing Saturday I was at the plant store and I have a Visa Credit Card and it asked me debit or credit. 

      By DUFRESNES, in Auto Repair Shop Management Help? Post Here!

      • 4 replies
      • 573 views
  • AutoShopOwner Sponsors



×