kmead
Line Up and Wait
- Joined
- Jul 2, 2007
- Messages
- 675
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kmead
I have always marked up the parts and outside labor on my jobs. I always keep the markup low on the line items. If the owner wants to carry in parts I really don't care. Most of the PA46 owners don't want to waste their time sourcing the parts. I kept nearly every part in stock for the PA46 because I couldn't afford delays.
One of the bigger FBOs that I managed a shop for years ago would mark up all parts and outside labor 33%. I normally take the discount that the vendor gives me and call it good. This really hurts when you're dealing with a $21,000 windshield and it's a net part! As one of my old bosses would say, "it's all about perceived value"
I get to see a lot of the other Piper factory and specialty shop's invoicing and estimates. It gets to be a bit of a shell game. One shop stated he never marked up the parts. What he didn't say was he made it up with with a quoted labor amount. Absolutely overcharging or an incompetent staff.
One of the bigger FBOs that I managed a shop for years ago would mark up all parts and outside labor 33%. I normally take the discount that the vendor gives me and call it good. This really hurts when you're dealing with a $21,000 windshield and it's a net part! As one of my old bosses would say, "it's all about perceived value"
I get to see a lot of the other Piper factory and specialty shop's invoicing and estimates. It gets to be a bit of a shell game. One shop stated he never marked up the parts. What he didn't say was he made it up with with a quoted labor amount. Absolutely overcharging or an incompetent staff.