LBT-470 Shop Production and Payroll Drives Profits
Bill Haas who has over 40 years of experience in the automotive service and repair industry. In this course Bill will be discussing various topics from a profit and loss statement to setting realistic production goals.
In this course by Bill Haas he explains that “the money is what really matters, and profit is what matters most.” You don’t need to be an accountant, you just need to understand the realities of what really affects your profits. There are things owners do and some they don’t do to ensure the financial success of their business. That success comes from not allowing your pricing objectives to become pricing objections.
Topics:
Setting Realistic Production Goals
Key Performance Indicators
Profit and Loss Statement
Reasons For Low Production
Correct Labor Rate
AND MORE!
Course Objectives:
Describe shop production’s contribution to profit
Analyze lost hours and apply to increasing productivity