Accounting Articles > Auto Body and Repair:

Maintaining higher profits in the body shop business

Its is harder and harder to maintain profits in the Body Shop Business.

Its very difficult to find parts. Even more difficult to find trained technicians who will actually fix cars rather than just run up you return percentages. When you quote these jobs, you look into the book to see how long it should take to complete a particular job. Somehow the book is never correct because no one ever really knows what your going to find once you open up some of these cars. Handling the insurance companies is a nightmare and a half. Getting paid is sometimes impossible. If you have too many returns or are not doing almost perfect work, the insurance carrier drops you. The carriers would rather deal with less shops, rather than more. The industry has become much more difficult in the past decade.

Let's not forget that the carriers want to pay you the same labor costs per hour, or less, than they were paying fifteen years ago. Not the easiest way in the world to feed a family.

As highly recommended CPA's and EA's in the Chicagoland Area that specialize in auto related industries, we have developed several solutions for this problem. Don't try to handle this yourself. Call Chris Amundson at (773) 267-7500 today. We have developed several strategies to help customers like you solve these problems and get their companies through difficult economies. The Special Accounting Packages section of this page may have what you need. Whether you have a new business, an audit, need returns filed, or just a second opinion, we can help. Call or e-mail Accounting Solutions today.