Monthly Archives: December 2017

You’re Fired!

You’re Fired! A tough opening statement for sure, but one that, as an owner or manager you need to be familiar with.  I’m getting ahead of myself, let’s start from the beginning. I have been working with this particular client for a couple years and as such have become very familiar with his operations and personnel.  During my visit last month I discovered a HUGE discrepancy in Cost of Goods, specifically Parts in the P&L’s versus the Point of Sale (POS) system.  The P&L’s showed a MUCH higher cost for the first 6 months of the year than did the POS system.  After much research I was able to verify that we had indeed spent almost $7600.00 a month more than our POS system indicated we had!  No increase in inventory, and minimal “owner” vehicles being worked on without the proper paperwork occurring.  After accounting for the above mentioned owner work we still had $7300 plus per month whe ... read more