Profit Analysis Software for Auto Shops
Trimming the fat, eliminating redundancy, and making processes more well-designed, intuitive and efficient is the way a business survives.
But putting the control in a user’s hand, allowing the user to plan for growth, analyze drop-offs and actively improve decision-making, is how businesses thrive.
ProfitBoost’s web-based auto repair management software operates on two very core levels. One is taking care of the day-to-day management of a workshop floor — from inventory management to vehicle inspections, labor estimates and guides, and parts ordering. The second is a high-level view that puts the shop owner in the driver’s seat so that, instead of simply putting out fires, you’re discovering potential fires.
It might sound obvious, but our primary focus is built right into our name: “ProfitBoost.” The functionality and features we offer all simplify your work life and management practices to delight your customer — but this is all done with one end in mind: giving your shop the tools it needs to thrive. Simply put, no one measures and monitors profit, at every level, through every interaction and transaction, like ProfitBoost.
Since 2001, ProfitBoost has been helping hundreds of shops learn about and actively implement standards that are geared towards the highest profitability for their store in a given year. We want you to have a real bias to action, so all our features are data-driven. The decisions you make for your business are backed by real data (determined by you, by the way, instead of some arbitrary, external standard), so you can maximize your profitable opportunities on every repair order that walks into your storefront.
Thriving in Business with Repair Order Profit Analysis
Stack enough efficiently executed jobs on top of each other, and you’ve accumulated a sizable amount of income for your auto repair business.
That’s what repair order profit analysis is all about: zooming into the details of the everyday to progressively build business profit and view opportunities for improvement.
ProfitBoost’s cloud-based management software has built-in features and tools that allow you to easily measure and monitor profitability on every repair order and job.
Service Writers can instantly see whether the estimate they produce is going to be profitable for the shop. If it isn’t profitable, they can make informed adjustments. Decisions resulting from a repair order profit analysis empower, not only your business’s profits but your workshop’s employees as well.
Determine Your Profits Effectively
While the basic structure is the same, each repair business varies in many ways, including: Fixed expenses and overhead
- Shop size, location, and inventor
- Technician efficiency
- Capacity and number of technicians
- Job mix
- Desired profit
- Labor costs or employee benefits
- Specialties and work niches they’re known for
Assuming the percentage of profit on jobs, parts, labor, or PPH (profit per hour) is the same for every shop is simply not feasible. It also is not a true reflection of each shop’s goals.
Targeting a percentage of profit because it was simply discussed at a sales or business seminar does not fit all businesses. In other words, generalized percentages don’t work.
Step back and think about the reality: your business is not the same as the shop on the other side of town. This means you need to look at your numbers and set a baseline or percentage that works for how you operate.
ProfitBoost is the only software provider that has been awarded an intellectual patent on determining profit. We’re not only pioneers in the language of profitability for auto repair shops, but we’re also the leader that is constantly producing new, innovative features at all points.
ProfitBoost has specific settings that allow users to create their own set minimum and desired or optimum percentages of profit on jobs, parts, and labor. These thresholds give business owners something to measure real, incoming numbers on jobs up against. This helps to determine if the job is, or is not, achieving a desired profit percentage or PPH (profit per hour). This far more realistic model, then, allows service writers to use repair order profit analyses and zoom in on those targets. They can check jobs that are not meeting the shop’s goal and make decisions on sales and volume from there.
Whether you measure profits through percentage or hard dollar value revenue, ProfitBoost’s Auto Shop Management Software works for you. Call us today at (888) 274-3776 to get started!