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Effective Labor Rate: Most Important, Least Understood

With so many terms and metrics to look at in the service department of a dealership, which are the most important and which ones don't matter at all? Working in the industry, we hear the term effective labor rate a lot, and for some it might not come as a surprise that most people don’t know what it means, let alone how to calculate it. Join Chris and Christian as they go over why if it takes you more than seven words to answer, “What is effective labor rate?” you probably don’t know! Learn how to calculate Effective Labor Rate on our Blog: https://chriscollinsinc.com/sdr/how-t... Got a question? Call us at 1-833-3-ASK-SDR Join our Facebook Groups: For Fixed Ops --   / thefixedops   For Independent Shop Owners --   / shopownersyndicate   Check out our Best-Sellers: Your 90-Day roadmap to your best Fixed-Ops month ever starts here: https://chriscollinsinc.com/product/i... Millionaire Service Advisor also includes our 11-step Circle of Trust System: https://chriscollinsinc.com/product/m... Strategy specialists and training available, just click the links below: 1. Get access to two free training videos by opting in on our website: https://chriscollinsinc.com/​​ 2. Schedule a 15-minute call with our strategy specialist to accelerate your results and start seeing increased profit right away! https://calendly.com/cci-schedule/15-...