What method do you use to determine the most effective labor rate for your shop? You could call around and see what other shops are charging and then take off a few bucks beat the competition.
Or, you could do the math. What do you want to make? What's your overhead? And, what you are going to pay your technicians? Then you have a good starting point.
In this Shop Owner Success™ webinar, Jimmy Lea is joined by Christopher Peterson, Owner of Northwest Automotive in Montana, and Travis Troy, Owner of Honest Wrenches in Iowa to discuss how to find the labor rate metrics that will help you make the right decisions about your shop.
This panel discussion will dive into details about how to use your shop productivity tools to analyze some of the real questions.
- How efficient is your team really?
- What are your actual expenses?
- What are you spending on marketing?
- What is your real cost of goods?