Quantcast
Jump to content


Shop Owners: Time for thanks and to look forward

Joe Marconi
 Share

Recommended Posts

Joe Marconi Grand Master

Joe Marconi

Posted
Posted

Shop Owners: Time for thanks and to look forward

 

Thanksgiving is the start of the holiday season and it also means that another year will be ending soon. We all know how tough business has become, and with each passing year, it becomes increasingly more complicated. But, when you reflect on the big picture, we need to be thankful for a lot of things. Oh, I know there are shops and areas of the country that are still feeling the affects of the recent recession. But, if you are reading this, you are still around, and that alone is a testament to your resilience.

 

As the year comes to a close and we enter into the holiday season, focus on the positive and on the things that make life worth living. Disregard what went wrong and live by the principle my father preached to me. “Make today better than yesterday, and work hard today to make tomorrow better than today.”

 

 

Link to comment
Share on other sites
Gonzo Grand Master

Gonzo

Posted
Posted

I've been running on a shoe string budget for so long that I had to tie a knot at the end just so I have something to hang on to. I'm still here... still at it... Making today better than yesterday! !

  • Like 1
Link to comment
Share on other sites
Joe Marconi Grand Master

Joe Marconi

Posted
  • Author
Posted

I hope that I can have even a shred of your resilience guys when the time comes. Have a happy holiday Joe & Gonzo!

Thank you, you too. And stick with us here at AutoShopOwner.com, We will help you thru the good times and the tough times. That is my promise to you and to all ASO members!

Link to comment
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
 Share
Go to topic listing

  • Have you checked out Joe's Latest Blog?

    • Joe Marconi
      Raising Labor Rates and Prices May Not Achieve Profitability
      By Joe Marconi in Joe's Blog
         13 comments
      Most shop owners would agree that the independent auto repair industry has been too cheap for too long regarding its pricing and labor rates. However, can we keep raising our labor rates and prices until we achieve the profit we desire and need? Is it that simple?
      The first step in achieving your required gross and net profit is understanding your numbers and establishing the correct labor and part margins. The next step is to find your business's inefficiencies that impact high production levels.
      Here are a few things to consider. First, do you have the workflow processes in place that is conducive to high production? What about your shop layout? Do you have all the right tools and equipment? Do you have a continuous training program in place? Are technicians waiting to use a particular scanner or waiting to access information from the shop's workstation computer?
      And lastly, are all the estimates written correctly? Is the labor correct for each job? Are you allowing extra time for rust, older vehicles, labor jobs with no parts included, and the fact that many published labor times are wrong? Let's not forget that perhaps the most significant labor loss is not charging enough labor time for testing, electrical work, and other complicated repairs.  
      Once you have determined the correct labor rate and pricing, review your entire operation. Then, tighten up on all those labor leaks and inefficiencies. Improving production and paying close attention to the labor on each job will add much-needed dollars to your bottom line.

  • Similar Topics

    • Hands On
      Tekmetric changed the look and I hate it
      By Hands On
      Tekmetric re-designed the appearance and I can not stand it. I refuse to pay $399 a month for software that gives me a headache to look at. Anyone have a good alternative to tekmetric with all the same functionality that either has a tiered pricing schedule that makes sense for smaller shops, or is less then $399 a month, or looks like tekmetric used to and costs about the same?
       
      The only integrations I use from tekmetric are parts ordering and the built in labor catalog, I do not use any of the marketing features so those are not important to me.
    • ASOG Podcast
      Free Diagnostic Time: Is It Worth It for Auto Repair Shops?
      By ASOG Podcast
      Free Diagnostic Time: Is It Worth It for Auto Repair Shops?
    • carmcapriotto
      The Ebb and Flow of Being a Wife and Business Partner [RR 834]
      By carmcapriotto
      Recorded Live at Vision 2023, the wives tell all! Find out what it's like being a wife, mom, and business partner with their husbands.
      Shelly Fleischman, Automotive Alley, Arcade, NY. Listen to Jim’s previous episodes HERE.
      Liz Perkins, L1 Automotive Diagnostics and Program, L1 Automotive Training.
      Nicole Barrett, Barrett Automotive, Cornelia, Georgia.
      Show Notes
      How did you get involved in the business? What is your role? How do you re-energize?  What is your awesome news? Are you a rule maker or rule breaker? Implementing EOS (Entrepreneurial Operating System) Implementing systems and procedures Work-life balance, how do you juggle the business and your family?  
      Additional links about EOS
       
      Implementing EOS with Barry Barrett: Four Shop Owners Share Their Success [RR 686] The Power of EOS: 2 Day Leadership Meeting [RR 719] Barry Barrett's 7 Part Series on EOS
      Thanks to our Partners, AAPEX and NAPA TRACS. Set your sights on Las Vegas in 2023. Mark your calendar now … October 31 - Nov 2, 2023, AAPEX - Now more than ever. And don’t miss the next free AAPEX webinar. Register now at AAPEXSHOW.COM NAPA TRACS will move your shop into the SMS fast lane with onsite training and six days a week of support and local representation. Find NAPA TRACS on the Web at NAPATRACS.com Connect with the Podcast: -Join our Insider List: https://remarkableresults.biz/insider -All books mentioned on our podcasts: https://remarkableresults.biz/books -Our Classroom page for personal or team learning: https://remarkableresults.biz/classroom -Buy Me a Coffee: https://www.buymeacoffee.com/carm -The Aftermarket Radio Network: https://aftermarketradionetwork.com -Special episode collections: https://remarkableresults.biz/collections      
      Click to go to the Podcast on Remarkable Results Radio
    • carmcapriotto
      Paying Down Debt - Business By The Numbers
      By carmcapriotto
      This week Hunt discusses the basics behind debt and how to pay your debt down in a safe manor.
      • What factors go into evaluating whether debt is a good option or not?
      • How does leverage work with debt and how do you analyze the situation to make sure it will be a profitable one?
      • Do I actually want to be debt free or is this debt making me more money than it is costing me?
      • How do I select what debt to start paying down first?
      Thanks to our sponsor partner NAPA TRACS
      NAPATRACS.com
       
      Hunt Demarest, CPA
      Paar Melis and Associates – Accountants Specializing in Automotive Repair
      Visit us Online : www.paarmelis.com
      Email Hunt: [email protected]
      Get a copy of my Book : Download Here
      Click to go to the Podcast on Remarkable Results Radio
    • ASOG Podcast
      It's Time To Break Up
      By ASOG Podcast
      It's Time To Break Up


  • Similar Tagged Content

  •
    nptrb

    Your Business Finances in 2023

    By nptrb, in Automotive Industry,

    0 comments 830 views
    nptrb

    Facing Your Financial Fears

    By nptrb, in Automotive Industry,

    0 comments 827 views
    nptrb

    Tricks for Tax Season

    By nptrb, in Automotive Industry,

    1 comment 201 views

  • Our Sponsors



Main Sections

More Sections

Discussion Forums

×
×
  • Create New...