Garage Hive has released a free 2025 gross profit calculator to help workshops manage rising costs and maintain profitability.
The updated calculator includes factors like the increased National Insurance rate announced in the Autumn Budget, along with the number of working days in 2025. Garages simply input their overheads into the spreadsheet to receive daily and monthly gross profit targets.
“With rising costs and an increased National Insurance rate, it’s more important than ever to understand the financial dynamics of your business,” said Alex Lindley, Director of Garage Hive. “This calculator helps you identify the gross profit you need to cover costs, make informed adjustments, and maintain profitability in an increasingly challenging economic environment.”
The October Budget introduced higher National Insurance contributions, minimum wage increases, and tax changes, all impacting independent garages.
“Understanding your operational costs is the foundation for effective decision-making,” said Alex. “Whether it’s planning inflationary pay rises or adjusting labour rates, this tool ensures you can approach these decisions with clarity and confidence.”
Download the free gross profit calculator by clicking here. For more information on Garage Hive, please click here.