IMI Professional Development Programme / Finance & Planning
This course can be taken on its own or as part of a suite of four courses, designed to enhance and professionalise any garage workshop. Ideal for owner or manager to ensure efficient and effective processes are employed to make the most of all opportunities in an increasingly complex and challenging business environment. Gain the skills you need to maximise your potential and keep moving forwards.
Units include:
- Financial terminology and business objectives
- How your business is or can be measured
- Key Performance Indicators (KPI’s)
- Understanding costs, GP, NP (controlling discounts)
- How to control costs
- Monitoring cost of purchasing parts and maximising returns
- How to maximise efficiencies in labour and parts
- Calculate labour rates and recovery rates
- Margins of profit VS markup and risks
Course Dates
- 2 Day Course, Starting on 05/11/2025
