What Is the Difference Between Markup & Profit Margin
Ever wonder what the difference between markup and profit margin is? This episode of Kaizen Time addresses this common confusion, explaining...
Most automotive repair shops know about a cost pricing matrix, but what about a labor matrix? It isn’t too different but is essential to your company’s profit margin. Not every job is the same and may require specific skillsets to perform them. Make sure you are still in the green by putting together a labor matrix with your business coach or accountant.
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Ever wonder what the difference between markup and profit margin is? This episode of Kaizen Time addresses this common confusion, explaining...
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