How does Profit Strategies determine the fees to be charged for each repair in the QSP guides?
Profit Strategies maintains a significant database of repairs that includes labor times, parts needed on each repair and single-lot part cost. We then apply your desired labor rate(s) to the labor times and part mark-up multipliers to the part cost to determine the repair fees in your QSP guides. Hence, the pricing in your books is unique to your company and your marketplace.