How to Build a Labor Matrix and Why You Need It

How to Build a Labor Matrix and Why You Need It
 

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.

Want us to cover another topic? Send us an email: bsb@kaizendcpas.com

 

Where Did My Money Go? Profit vs Cash Flow

Where Did My Money Go? Profit vs Cash Flow

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Markup vs. Profit Margin: Know the Difference, Boost Profits

Markup vs. Profit Margin: Know the Difference, Boost Profits

Ever feel like pricing is more art than science? You're not alone. In this episode of Kaizen Time, we break down one of the most common...

What to Know Before Selling a Small Business

What to Know Before Selling a Small Business

Are you planning to sell your small business soon? In this episode we discuss how selling your business for a profit should be done years in...