Jun 21, 2021
This week’s key takeaway:
10 ways to make more money in your collision repair business
Episode intro:
We’ve got some absolute gold on the show this week. Simon Whittaker has been a business advisor and management accountant for 40+ years, and in more recent times he’s been a specialist in collision repair. As we hear, some of the results he has achieved in our industry are absolutely staggering.
Listen to this one with a pen & paper and take some notes! There is advice that absolutely anyone in collision repair can benefit from.
In this week’s episode you will learn:
-How Simon transformed a collision-repair business just like yours in only one month
-How to really ‘know you numbers’
-Why you need industry benchmarking
-The definition of COGS
-How to categorise your jobs to make sure you properly consider labour costs
-Why you need a good performance management tool
-How to track your employer’s efficiency
-How to stop reworks
-The value of upselling extra work
Show links:
** If you want any coaching advice from Ben, go to http://www.maxmyprofit.com.au
** Get your nominations in for this year’s Body Shop Awards! https://www.paintandpanel.com.au/bodyshopawards
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** Go to www.paintandpanel.com.au/podcast to catch up on past shows and access show notes from every episode.