Episode 87 - Calculating Your Labor Rate for Auto Repair Shop Owners

Today’s episode is about what's driving you when it comes to your
labor rate. When I ask the shop owner, “Hey, here's a part, it
costs this much. What are you gonna sell it for?” They have a
calculation. They have a mathematical equation that they use to
determine the selling price of that part. But when I ask that
same shop owner, “How do you figure out your labor rate?” I
typically hear, one of two things. Think about how YOU would
answer this question and then press play to listen along!