Boosting the Value of Your Body Shop, Part 2
What are value drivers and how can they increase the value of your shop?
Planning a Buyout of Your Auto Body Shop
You’re looking to retire and your partner wants to buy you out.
What is the first step in this planning process?
Creating a P&L Statement, Part 2
What does cost of goods sold mean as it relates to a profit and loss statement?
Creating a P&L Statement, Part 1
Why is it important to create a clean profit and loss statement for your body shop?
Setting Up a P&L Statement for Your Auto Body Shop
Setting up a profit and loss statement for a body shop may seem cumbersome, but once you understand a few key strategies, it allows management to focus on running the business.
Auto Body Profit: The Squeeze is On
With the ever-changing collision business and inflationary increases, it is more important than ever for you to understand what drives profitability.
Mastering Your Financials, Part 2 (VIDEO)
Five specific steps you can take to start building a stronger financial foundation at your shop.
Mastering Your Financials, Part 1
How often should you review your numbers? How do you create a good financial management system? We answer these questions and more.
5 Smart Financial Moves Every Body Shop Should Make in 2022
These five things will help collision repair facilities create a solid foundation for managing their finances.
Body Shop Accounting 101, Part 2 (VIDEO)
Do you know the difference between cash-based accounting and accrual-based accounting?
Body Shop Accounting 101, Part 1 (VIDEO)
Is all of your accounting organized to “map” or feed into your financial statements?
Demystifying Body Shop Accounting
We simplify and take the cloak of mystery off of a subject most body shop owners struggle with: accounting.