Simple Profit Improvement Strategies for Your Auto Repair Business | The Power of One


If increasing profit is one of your business goals, there are simple strategies you can implement to help you get there. The Power of One is a profit improvement tactic that helps you increase profit by adjusting specific metrics by as little as 1% or a factor of one.

Simple Profit Improvement Strategies: The Power of One

With financial information at your fingertips such as income, revenue, and expenses, you can analyze the impact that a 1%- or one-day adjustment will have on your profit and cash flow, and ultimately the value of your business.

power of one graph

In the example above, a coffee shop that decreases their cost of sales by 1% can increase their cash flow by over $56,000 and the net profit of the company by almost $47,000. In addition, increasing their average days payable by just 1 day creates positive cash flow of almost $13,000.

Accounting and Advisory Support to Improve Your Business Profit

KWB Accountants & Advisors specializes in working with auto repair business owners to provide you with support and services that will help you simplify your accounting, improve your profit, and achieve your goals.

Book an introductory meeting here to discuss how KWB Accountants and Advisors can support your success so you can create the business and lifestyle of your dreams.

You can also watch our webinar on How to Maximize Your Profit here!

Strategic Business Goal Setting

Get insight into your business with ONSight Advisory

If you’re an entrepreneur or a small business owner, click here to learn more about our ONSight Advisory program. We offer specially curated business coaching and advisory support to help you thrive.

Written By:

Other Blog Posts:

Subscribe To Our Monthly Newsletter!