How To Make A Profit - Auto Repair Shop | Capital One

Learn how to make a profit for your auto repair shop. Are you pricing correctly? Do you understand job costing?

The challenge of keeping up with the constantly evolving auto repair industry can create gaps in your profit. AkzoNobel Senior Service Consultant Tim Ronak attributes this to one main source of profit loss —rising operational costs.

To solve for this, take a close look at your profit margin. If you notice a dip compared to previous years, you may not be accounting for your investment increases. Ronak recommends accelerating growth by assuming the total cost of a repair, such as employee retention and equipment, when pricing a job.

Read more on Spark Business IQ for resources and insights to help you run your business:https://www.capitalone.com/small-busi...

ABOUT US
Capital One provides a broad range of financial products and services from personal credit cards or business credit cards, savings accounts, to auto loans. See how Capital One can help you with your banking and financial needs: https://www.capitalone.com/

CONNECT WITH US!
Facebook:   / capitalone  
Twitter:   / capitalone  
Instagram:   / capitalone  
Google+: https://plus.google.com/+CapitalOne
LinkedIn:   / capital-one  
YouTube:    / capitalone  

DOWNLOAD MOBILE APPS:
Google Play: Capital One - https://play.google.com/store/apps/de...
Apple App Store: Capital One - https://itunes.apple.com/us/app/capit...

SUBSCRIBE to the Capital One channel to get all the latest videos automatically! http://www.youtube.com/user/CapitalOn...