Maximizing Profitability in Machine Shops

In Part 2 of our three-part growth series, Mike and Kirk tackle the essential—but often neglected—side of machine shop growth: improving your bottom line. Before chasing more revenue, it’s critical to plug the profit leaks that are silently eroding your business.

From tooling waste and bloated staff structures to broken quoting systems and inefficient processes, this episode dives deep into real-world strategies to help you keep more of what you already earn.

What you'll learn:

• Why better organization and tooling control can instantly save thousands
• How rethinking cycle times and throughput can double your margins
• The value of third-party engineering audits in uncovering hidden inefficiencies
• When to automate vs. optimize vs. outsource
• How mindset, data, and documentation play into long-term profitability

Whether you’re running a high-mix job shop or a production-driven operation, this episode is packed with practical advice to make every dollar work harder—and stick around longer.