Tech Tips: Understanding the cost of doing business

By Ron Ananian

Running an auto repair shop is about more than just fixing cars. While providing top-notch service is essential, a truly successful business also depends on understanding the financial aspects of the operation. One of the most important concepts to grasp is the cost of doing business (CODB). CODB represents the cost of keeping your doors open and your shop running — whether you’re working on vehicles or not. Understanding this number is essential for ensuring your shop’s financial health and long-term success.…

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