This course focuses on essential financial and operational strategies to enhance the profitability and productivity of automotive repair shops. Through a mix of theoretical knowledge and practical applications, participants will learn how to manage key performance metrics, optimize technician productivity, and improve compensation structures for a more sustainable business model.
Course Objectives:
Understand and explain the ATI Profit Model and its core components for financial performance. Identify and assess critical metrics in client performance tracking systems. Analyze strategies for improving profitability by optimizing labor profits and technician productivity. Evaluate compensation strategies for technicians, service advisors, and managers to enhance motivation and performance. Apply methods for increasing parts margins and improving the average repair order (ARO).
Target Audience:
This course is ideal for automotive repair shop owners, financial and operations managers within the automotive industry, and service advisors or technician managers interested in improving shop productivity and profitability.
Prerequisites:
Participants should have a basic knowledge of automotive repair shop operations and familiarity with financial concepts and terminology. Experience managing or supervising technicians and service advisors is recommended but not required.
Goals:
Increase Profit Margins: Learn strategies to maximize labor and parts profits, track performance, and set goals beyond breakeven. Optimize Technician Productivity: Analyze productivity metrics and discover methods to drive technician performance. Compensation Management: Design competitive and motivational compensation structures for technicians, service advisors, and managers. Boost ARO: Develop techniques to raise the average repair order through efficient service offerings and upselling strategies.