In 2019 my shop had its biggest year for revenue and made less profit than the year before. Here’s where the money went, and why a lot of owners don’t find out for two years.
Two owners work the same hours. One wants the hours back, one wants more from them. The fix starts in the same place: what one of your hours is worth in profit.
Your revenue numbers look good every week. Your profit shows up once a year, usually from the accountant. The gap between those two is where the growth goes.
You’d spend an hour showing someone properly if you had one. You don’t. Here’s why the second time it comes back wrong isn’t about them, and what to do instead of finding an hour.
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