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Coaches Lab: When Will Shops Stop Doing Work That They Don’t Get Paid For? [THA 363]

Coaches Lab: When Will Shops Stop Doing Work That They Don’t Get Paid For? [THA 363]

FromRemarkable Results Radio Podcast


Coaches Lab: When Will Shops Stop Doing Work That They Don’t Get Paid For? [THA 363]

FromRemarkable Results Radio Podcast

ratings:
Length:
58 minutes
Released:
Jan 18, 2024
Format:
Podcast episode

Description






It's time to find the hidden costs of 'busyness' in auto repair shops. It's not just about the work you do; it's about the work you're actually getting paid for. Measuring technician productivity is crucial - because if you're not measuring it, you can't manage it. It's a wake-up call for shops everywhere to stop leaving money on the table.

Bill Haas, Haas Performance Consulting, Bill’s previous episodes HERE.

Murray Voth, RPM Training. Listen to Murray’s previous episodes HERE

Maylan Newton, ESI- Educational Seminars Institute. Maylan’s previous Episodes HERE


Show Notes:







Watch Full Video Episode
The Importance of Shop Productivity (00:01:41) Discussion on the significance of measuring productivity and ensuring work is paid for.
Challenges in Understanding Business Numbers (00:05:39) Discussion on the lack of understanding of business numbers and pricing strategies in the automotive industry.
Implementing Time Clock Management (00:09:12) The importance of implementing time clock management and its impact on shop productivity.
Setting Expectations and Accountability (00:11:14) The need for setting expectations and holding employees accountable for their performance.
Challenges in Coaching and Accountability (00:12:25) The difficulty in coaching individuals who resist change and accountability in their business practices.
Labor Rates and Coaching (00:18:40) Discussion on the impact of labor rates and the value of coaching in the automotive industry.
Comparing Labor Rates (00:20:17) Debate on the practice of comparing labor rates and the importance of charging enough to pay employees.
Technician Interviews and Billing (00:21:50) Perspective on technician interviews and billing practices, including misconceptions and lack of understanding.
Business Education and Financial Planning (00:26:01) Importance of business education, financial planning, and understanding where the money goes in an automotive shop.
Year-End Spending and Tax Strategies (00:27:16) Discussion on year-end spending, tax strategies, and the significance of paying fair taxes.
The value of pricing (00:35:42) Discussion on the importance of presenting value over price in a competitive marketplace.
The market for different pricing strategies (00:39:18) Highlighting the existence of markets for both top-tier pricing and lowest cost options, with a comparison to the tool market.
The challenge of selling value (00:40:10) Debating the myth of offering better value and emphasizing the importance of growth and selling maintenance services.
Defining fair pricing and value (00:40:40) Challenging the concept of fair pricing and discussing the perception of value in the eye of the beholder.
Improving customer communication and value presentation (00:41:07) Emphasizing the importance of showcasing the quality of services, such as brake jobs, and the value they provide to customers.
Challenges in selling diagnostic...
Released:
Jan 18, 2024
Format:
Podcast episode

Titles in the series (100)

Ever wonder what differentiates successful businesses, especially in the automotive aftermarket? Do you have a strong interest in great leadership, business strategies, and the desire to uncover just how successful business people achieved or executed their success? Remarkable Results Podcast is for you. The podcast will interview successful automotive aftermarket professional service entrepreneurs and hear about their business success story. The show will also interview leaders from distribution and manufacturing. Listen to Learn, each week, and strive to take just one thing away with you … One thing that sparked an idea or action within you, that you can implement or pass on. The stories you’ll hear from our guests will show that Remarkable Results comes in many forms and fashions, some instant and many more disguised as daily challenges that were overcome.