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Do I Need a Higher Car Count or Higher ARO? [Quick Tip]

Jun 2, 2016 8:22:00 AM / by Brian Paulson posted in automotive repair shops, small business operations

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When it comes to running a profitable auto repair shop, successful owners recognize the balancing act between maintaining a proper car count and maximizing the average repair order (ARO) dollars.

The best-run shops know their break-even point: the number of cars needed on a weekly basis multiplied by the average dollar per job that will earn enough gross profit to cover operating costs and expenses.

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Low Labor Rates are Hurting Your Automotive Repair Business [Quick Tip]

May 26, 2016 8:22:00 AM / by Brian Paulson posted in automotive repair shops, small business operations

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There’s a common misconception among automotive repair shop owners regarding labor rates. Some owners feel they need to offer labor rates under the local market average to attract and retain customers, and they’ve been targeting low rates for years based on the competition. This mentality can drastically affect your profits.

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What are Ideal Hours of Operation for Automotive Repair Shops? [Quick Tip]

May 19, 2016 8:11:26 AM / by Brian Paulson posted in automotive repair shops, small business operations

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Is your shop only open during normal business hours, say from 8am to 5pm? If so, you may be leaving money on the table.

Profitable repair shops capitalize on the demand for early morning and evening hours on both ends of the traditional workday because customers don’t want to (or can’t) take time out of their regular working hours to drop off or pick up their vehicle.

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How Will an Accountant Help My Small Business?

May 5, 2016 8:42:59 AM / by Brian Paulson posted in small business accounting, small business operations

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For every business, proper financial management is crucial for success. If you look up the reasons why many businesses fail, poor financial management is usually listed as a top contributing factor. While small business owners are usually experts in their respective fields, rarely are they accounting experts. This is where a monthly accounting service comes in.

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Preparing to Sell Your Small Business

May 3, 2016 8:43:00 AM / by Brian Paulson posted in small business accounting, small business operations

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You may be thinking about selling your small business, but you’re unsure about the process or best practices. Solid preparation is the key to a successful sale. But, where do you start? Important factors to consider are timing, reasons for selling, documentation, legal obligations, and determining if you need professional assistance moving forward.

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Employee Onboarding Checklist for Restaurants

Mar 31, 2016 8:37:00 AM / by Burt Monroe posted in restaurants, small business operations

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Managing employees for your restaurant is a full-time job, especially when you have new hires joining the team. To get you and your new employee focused on the important aspects of training for success, it's great to have a simple onboarding checklist to get crucial paperwork completed for the employee's file.

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Top 5 Blogs Every Restaurant Owner Should Read

Mar 17, 2016 8:37:00 AM / by Brian Paulson posted in restaurants, small business operations

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As a restaurant owner or operator, you have a lot of spare time at the end of the day, right? Didn't think so. We know the challenge of managing daily activities of your business is tough, but it's important to touch base with outside resources periodically to stay ahead of the curve in local and national industry trends.

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