Why Is Your Labor Rate $139.00 per hour?
It’s a fair and simple question that gets asked from time to time. The answer isn’t quite so simple. There are a multitude of costs that go along with creating and running a quality boating repair facility. Here’s a short list of the higher cost items:
- Staff Compensation
- Taxes (employment/property
- Insurance (work comp/property/business)
- Diagnostic (equip./software)
All these costs and a few more need to be covered by the only item a service facility has to generate revenue, that’s time. The one item there is never enough of and has no shelf life. Once it’s past, it’s gone forever.
So, in a nutshell, the reason why, all the cost of operation and a fair profit need to be earned from a precious few number of technicians hours every week.
Perhaps a better question to ask, what is the benefit for me? Why should I have my boat serviced at Mount Dora Boating Center? In this video Service Manager Joey Lewis will answer that question with some insights and benefits you might not have considered.
Hope you enjoy the video.