Auto Repair Business Consulting Salt Lake City UT
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Bob Holley
801-531-9623 Salt Lake City, UT Bob Holley 801-531-9623 Salt Lake City, UT 84115
Coaching Types Business, Career, Life
Data Provided By: Lou DePasquale
801-412-2607 Salt Lake City, UT Lou DePasquale 801-412-2607 Salt Lake City, UT 84107
Coaching Types Life, Relationship, Business Certifications Founder, Attainment Life Coaching
Data Provided By: Mr. Gregory W. Williams (RFC®), CFP, CHFC, CLU, LUTCF, MSFS
801 453 2271 6340 South 3000 East, Suite 500 Salt Lake City, UT Mr. Gregory W. Williams (RFC®), CFP, CHFC, CLU, LUTCF, MSFS 801 453 2271 6340 South 3000 East, Suite 500 Salt Lake City, UT 84121
Company Exit Strategy Specialists, LLC Qualifications Years of Experience: 26 Membership IARFC, MDRT, FPA Services Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Business Coach, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans
Data Provided By: Mr. Telton W. Hall (RFC®), CFP
435 865 7135 2202 N Main Cedar City, UT Mr. Telton W. Hall (RFC®), CFP 435 865 7135 2202 N Main Cedar City, UT 84721
Company Barkume Wealth Management Qualifications Years of Experience: 5 Services Invoice, Estate Planning, Business Planning, Portfolio Management, Retirement Planning, Medicaid Planning, Seminars Work, Stocks and Bonds, Mutual Funds, CommOptions, Precious Metals, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans
Data Provided By: Mr. Rick B. Stanzione (RFC®), CSA
801 622 5774 5319 South Adams Ave, Washington Terrace, UT Mr. Rick B. Stanzione (RFC®), CSA 801 622 5774 5319 South Adams Ave, Washington Terrace, UT 84405
Qualifications Education: BA Edinbor UniversityAssoc from Forbes Road East. Various securities licenses. Years of Experience: 33 Membership IARFC, MDRT, NAIFA Services Invoice, Estate Planning, Business Planning, Pension Planning, Retirement Planning, Seminars Work, Employee Benefits, Mutual Funds, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Education Plan, Asset Protection, BuySell, LiabCover, Compensation Plans
Data Provided By: Mr. A. Wayne Margetts (RFC®), LUTCF
801 532 1871 175 S Main St, Ste 1050 Salt Lake City, UT Mr. A. Wayne Margetts (RFC®), LUTCF 801 532 1871 175 S Main St, Ste 1050 Salt Lake City, UT 84111
Qualifications Education: BSc (Math)MBA Years of Experience: 16 Membership IARFC, MDRT, NAIFA Services Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Group Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, Compensation Plans
Data Provided By: EksAyn A. Anderson (RFC®), MBA
801 840-1200 4917 Swasey Circle Salt Lake City, UT EksAyn A. Anderson (RFC®), MBA 801 840-1200 4917 Swasey Circle Salt Lake City, UT 84118
Qualifications Education: BS, MBA Years of Experience: 20 Services Invoice, Estate Planning, Business Planning, Pension Planning, Executive Compensation Planning, Retirement Planning, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans
Data Provided By: Terry Sidford
801-971-5039 Park City, UT Terry Sidford 801-971-5039 Park City, UT 84060
Coaching Types Life, Business, Health and Fitness Membership Organizations ACC
Data Provided By: Trevor Dimick
(801) 690-1790 Ogden, UT Trevor Dimick (801) 690-1790 Ogden, UT 84401
Coaching Types Relationship, Business, Performance Certifications Author of The 10 Laws of Happily Ever After, Certified Family Life Educator from the National Council on Family Relations
Data Provided By: Spectra Management Group
(801) 268-2878 Salt Lake City, UT
Data Provided By:
Whether applied to our business or our daily lives, we can either use financial data to improve or make corrections that will change our financial future, or repeat history and continue with the same results.
By John Volz As I began to review the profit and loss statements from last month, I was reminded of something I learned long ago. Financial data, although very useful, is just a snapshot of the past or history. I’ve seen so many shop owners over the years have the right tools for the job, and they attend training to improve their technical skills, but when it comes to shop management, they look at the financials as if they were a foreign language. Taking control of some of the numbers can really affect the bottom line. Breaking the Mold In general, I think we’re all creatures of habit; we do certain things because they’ve become patterns. So while change may not always be easy, it’s necessary for a healthy business. I like to really dissect my fixed costs on an annual basis, in an attempt to make changes that will add dollars to the bottom line. For example, this past year, we changed carriers for both worker’s comp and liability insurance with a savings of almost $6,000. For another example, we’ve been with the same credit card processing company for 10 years and, upon reviewing the costs, I’m in the process of switching to a company that should save us about $350 per month. We also changed vendors on some of our shop supplies. We had been paying $23 per gallon for a specific product, and, by switching vendors, we are now buying a similar product for under $10 per gallon. With usage quantities in the five-to seven gallon per week range, this has resulted in a savings of more than $4,000 per year. Any time I can put $6,000 or $4,000 to the bottom line without bringing in a new job, I’m all for that! These are just a few examples of ways to put more dollars to the bottom line without selling anything extra. They are “hidden” dollars that I would rather see on my bottom line than on someone else’s. With the daily challenges we all face with just trying to rebuild engines, we sometimes overlook these easy dollars. Re-Evaluate Your Gross Profit Percentage Another area most shop owners let fall between the cracks is gross profit on parts. Gross profit is the difference between revenue and the cost of the part before overhead. Here’s my philosophy on gross profits: Lower prices do not always equate to increased sales in the auto repair business; and Any sales resulting from lower prices will require you to sell more to maintain the same level of profitability. Generally speaking, if you raised your gross profit on parts sales by 1%, it would require a 4% increase in sales to realize the same gain. Increasing sales is always a desirable scenario, but, in reality, we have more control over... |
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Taking the Scare Out of Auto Repair Presented by...
HOT DIGGITY DOG DINNER ANTIQUE CAR TRUCK SHOW
Dates: 7/10/2013 - 7/10/2013
Location:
Sandy, UT
View Details
Phone:801-561-3265
Address:
Sandy, UT
Description: Contact Name: Suzanne Kimball
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