Shouldn't sublets be in here also?
Why are the service writer costs in the cost of goods sold?
Keep asking your questions everyone and we will have Hunt answer them at the end. Great question Al, we will get with Hunt later and have him answer.
What is his effective labor rate?
Chris to your GP poll it depends on how we measure GP. We don't include SA in COGS.
Joe I just asked if you thought your GP% was too high, low or just right...…….depending on how you currently do your books and based on what you know.
Gotcha! I thought we were comparing to the explanation. My bad. :-)
Get ready with your follow up questions everyone. Just type them in the chat and I will ask Hunt for his answer.
Can you show the formula for showing an increase in sales via a percentage please? IE going from a 33% parts margin to 50% parts margin
the P & L info was stuff I’ve done. The balance sheet was huge for me….thanks!
is the partner distribution money taxed?
Don't you have to increase marketing and taxes that are in expenses for this calculation.
Also, Noticed on this P&L, the pay and benefits were in the expenses are they not COGS?
What's the best way to determine if out labor rate is on par? Also, same for parts matrix?
Is there a report that will show the P&L info and include the Members Draw...that way we can really see where all the money went. I have trouble getting a report that shows everything all one report. Or am I just stuck looking at a balance sheet and a P&L?
great thank you
Thank you Hunt! Nice Job!
Thank you Hunt, this was helpful!
Thank you Hunt!
Thank you Hunt and Chris! Great content!
Will you folks be sending out a recording?
Thanks Hunt & Chris
Great information. Thank you all!
thank you so much. Congrats Hunt