When Disaster Strikes
If you’ve even casually kept up with the news in recent years, then you’ve probably noticed a disturbing increase in the number of natural disasters in the 1990s:
Small-Business Administration Loans
Ask 10 body shop owners to tell you the most frustrating aspect of running their businesses, and eight of them will probably name the area of financing. It’s no secret that obtaining adequate funding to meet day-to-day needs for working capital, equipment and facilities poses a major challenge.
Need Money? Renovations
When running a successful business, a shop owner will – at some point – utter the word “renovations”. In his next breath, he’ll shake his head and utter the words “need money”.
A Current Of Cash
Cash flow. It’s the name of the game in any body shop. That is, in any body shop that wants to stay in business.
Bankers Don’t Bite
I’m convinced that most small-business owners are scared to death of bankers. They view loan officers as stiff-lipped stuffed-shirts who exist only for the pleasure of foreclosing on little old ladies on Christmas Eve.
Loading Up the Truck: Changing Your Location
Have you ever thought of moving your shop? Are you contemplating a move now?
The CPA Search
One of the greatest challenges you face in running your body shop is sustaining a workable system of financial management.