Industry Benchmark Report: Initial Thoughts [E080] - Business By The Numbers

<p>Do you recall episode 49, about the Automotive Industry Benchmark Report? Well, its release is fast approaching! Today, Hunt goes deeper into the origins of the report, the questions posed, and a sneak peek at some (surprising) discoveries.</p><p>Nuanced relationships, direct or inverse, between different variables and metrics in the automotive industry.</p><p>Linking Labor Rate and Profit: One key highlight from the report is the insight on the Overall labor rate and its correlation with profit. Were there notable differences between different locations?</p><p>Sales vs. Profit Growth: We also explored a vital question: Is there a direct link between escalating sales and an increase in profit as a percentage of sales? Our findings might surprise you.</p><p><strong>Thanks to our partners, NAPA TRACS and Promotive</strong></p><p>Visit <a href="https://my.captivate.fm/NAPATRACS.com" rel="noopener noreferrer" target="_blank">NAPATRACS.com</a> and <a href="https://gopromotive.com/" rel="noopener noreferrer" target="_blank">GoPromotive.com</a></p><p>Paar Melis and Associates – Accountants Specializing in Automotive Repair</p><p>Visit us Online: <a href="http://www.paarmelis.com/" rel="noopener noreferrer" target="_blank">www.paarmelis.com</a></p><p>Email Hunt: <a href="mailto:podcast@paarmelis.com" rel="noopener noreferrer" target="_blank">podcast@paarmelis.com</a></p><p>Get a copy of my Book:<a href="https://paarmelis.com/your-perfect-shop-book-download/" rel="noopener noreferrer" target="_blank"> Download Here</a></p><p><a href="https://aftermarketradionetwork.com/" rel="noopener noreferrer" target="_blank">Aftermarket Radio Network</a></p>