We revisited the hexagon, the triangle, the gears, and the teeth on said gears. Owners were to focus on their top three. The following focal points were discussed:
1. P&L knowledge
2. TCODB
3. Budget writing
4. Snapshot
5. Technician Productivity
6. Billed hours vs. last year
7. Gross profit
8. Setting yourself apart with benefits in effort to justify higher than average prices with First Class Service…
Rollout for the upcoming Anchor Financial Reporting, and PPP discussion:
still many questions unanswered from when do I get it, how do I account for it on BS and P&L
CPA needs to help you with all of that
GS Labor discussion – where it goes on the monthly report? This is what the instruction say:COST OF SALES: The cost of shop labor sold to customers Technician and (General Service gross pay…If they actually work on vehicles and you gain revenue from work performed.)
