5 ways heavy duty shops can boost revenue

Aug. 17, 2021
Find a Wrench and Fullbay hosted a webinar on five ways heavy duty shops can boost revenue.

We hosted a webinar with our friends at Fullbay on “5 Ways Heavy-Duty Shops Can Boost Revenue.” This webinar topic was based on the findings of "The State of Heavy Duty Repair" report put together by Fullbay and TMC.

Watch the recording of the full webinar, or check out the highlights below.

Top challenges experienced at heavy duty shops

  • Hiring techs
  • Inefficiencies in repairs
  • Inventory management

Other challenges include customer communications, internal communications, and managing repairs.

5 Ways to boost repair shop revenue

1. Expand into new services

  • Mobile service and repair
  • 24/7 repair
  • Body work
  • Tires

2. Serve new vehicles or industries

  • Class 1-3
  • Off-roading vehicles
  • Agricultural equipment
  • Trailers

3. Increase technician engagement

  • Individual recognition
  • Efficiency bonuses
  • Team lunches
  • Gifts
  • Annual group bonus
  • Extra vacation days
  • Technician lounge

4. Focus on inventory

  • Order parts as needed
  • Perform inventory counts once per quarter
  • Perform three-way match between PO, vendor invoices, and parts

5. Modernize your shop

  • Utilize software (i.e., shop management, accounting, etc.)
  • Breakdown services
  • Work with companies like FleetNet or Interstate Billing Services

Information provided by Find a Wrench 

About the Author

Jay Goninen | CEO

Jay Goninen is the co-founder and president of WrenchWay and the founder and president of Find A Wrench. Goninen started working in his family’s independent repair shop at the age of nine and has worked in the industry ever since. He started his professional career as a technician and then moved into management roles within the automotive and diesel industries. Goninen is the host of the Beyond the Wrench podcast and the WrenchWay Weekly YouTube show.

Sponsored Recommendations

Tesla service, repair, and diagnostics

Keep update-to-date on how to maintain your customer's Tesla vehicles.

Tool Review: Ascot Supply 3/4" Drive 600 ft-lbs Split Beam Torque Wrench, No. 168-00600

Reviewed by Eric Moore, manager at DeMary Truck in Columbus, Ohio.

Diagnosing an engine misfire

Recognizing a misfire is the easy part; the challenge is determining its cause.

The ‘Iron Giant’

This technician spent two and half years putting together his ‘giant’ of a toolbox setup.

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!