Profit Secrets
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ProfitXcelerator reveals 5 money making secrets to put more money in your pocket!So where's the money?It's sitting right there in your business untapped and just waiting for ProfitXcelerator to find it for you. Here's how: Secret #1: Know your numbers.Know what it cost you everyday to run the shop, how much you need to bring in to pay yourself what you deserve and what you have to charge to reach those figures.All the top money making shops track the KPI (key point indicators) of their business daily. Sound like a lot of work? It is! Top shop owners usually work on their spread sheets all day long. That is why we invented ProfitXcelerator to bring you the most powerful business tool that takes less than 5 minutes of work per day. It tracks, analyzes and charts a path for you to achieve financial success. - Establishes how much you need to charge to be profitable. - Let's you explore "what if" scenarios. Secret #2 : Your Employee need to be productive.Your income is only coming from two sources; Labor and parts. Your technicians need to maximize their billable hours. Ever wonder how attorneys come up with those outrageously expensive bills? They charge for every minute they are talking to, working on or thinking about their clients.I am not saying you have to bill like an attorney, but you need to get paid for every minute your technicians are working on a customer's car. You will not see a doctor, dentist or attorney working for free and neither should you! ProfitXcelerator lets you get a handle on your employee's productivity. You would be shocked to find out how much an unproductive employee is costing your business: - The software analyzes the effectiveness of your employees. - It motivates your employees with daily productivity reports. - It promotes team work in your shop. - It tracks employee productivity and true cost. - It keeps track of employee's attendance and hours worked. Secret #3: Sell those parts and charge the correct mark-up.- ProfitXcelerator is up to the task of tracking your parts to labor ratios and parts profit margins daily. It alerts you if your business is not getting the money it needs and deserves.- For every $1.00 in labor you sell you should be selling .80-.90 cents worth of parts. - If you are not getting the correct parts to labor ratio and parts mark-up you are losing a huge source of income. Remember you only have two sources of income: parts and labor. - No calculators are needed! No complex mathematical formulas to learn. Secret #4: Be a great shop money manager.Watch your shop cost and keep your overhead down to a minimum. Every dollar you save is an extra dollar in your pocket. Unlike our government, you cannot spend more then you take in and be profitable.ProfitXcelerator lets you get a handle on your expenses and: - Shows you if you are overspending on any of your expense items. - Controls your expenses by comparing against industry bench marks. Secret #5: Don't waste your time on B and C level jobs.Your time is too valuable for that. You should be focused on making money when you are at work. After all, Isn't that the point of going to work?ProfitXcelerator is a huge time saver! The software frees up your valuable time, letting you put your energy where it counts the most. Profit Xcelerator: - Analyzes and guides your business in minutes instead of hours. - Simplifies payroll by automatically calculating overtime, commission and different bonuses. - Identifies deficiencies within your business and helps correct them. |