AskBiz Blog

Repair Shop Finance

4 AskBiz guides on repair shop finance — practical, operator-focused guidance for SME founders.

4
guides
34
min total reading
6
related topics
1

Repair Shop Slow Seasons: Cash Flow Tactics for Lean Months

Most repair shops have 2-3 slow months per year where revenue drops 30-50%. The shops that survive long-term plan their cash flow in advance, diversify into complementary services, and use slow periods for operational improvements.

8 min read
2

Setting Annual Targets for Your Repair Shop: Metrics That Matter

A repair shop revenue target without monthly KPI tracking is just a hope. The shops that consistently hit their annual targets break them into weekly job volume, average transaction value, conversion rate, and repeat customer targets — then manage the levers, not the outcome.

9 min read
3

Taking Deposits for Repairs: Why and How to Do It Properly

Uncollected repairs represent 3-8% of jobs in most repair shops — real cash tied up in completed work that customers never collect. A structured deposit policy eliminates most of this and improves cash flow predictability.

9 min read
4

UK Repair Shop VAT: Labour vs Parts — What's Taxable and What Isn't

UK repair shop VAT is straightforward once you understand the principles: labour for repairs is standard rated at 20%, parts supplied as part of a repair are also standard rated, but there are nuances around mixed supplies and second-hand parts that matter for your VAT return.

8 min read

Other Repair & field service topics

Repair Shop Operations (10)Repair Shop Customer Experience (2)Repair Shop Pricing (3)Repair Shop Marketing (2)Repair Shop Revenue (3)Repair Shop Compliance (1)