The How-To Recipe: Auto Repair Budgeting for Profit

Budgeting with Money, Bills, & Calculator“Where’s All the Money Going?”

Do you find yourself asking that question each month? Each quarter? Each year? Operating without a budget is like driving down the freeway with your eyes closed; you just don’t know where you’re headed. But all those accounting terms and processes can give you a headache before you even start . . .

So how do you develop a budgeting system that fits your business, instead of the other way around?

By taking the headache out and leaving the common sense in, Turnaround Tour ShopPros has helped many shop owners achieve their financial dreams — and we’re ready to help you, too. Our method blends balance sheets, cash flow, projections, and predictions to help your financials make sense.

  • Learn what the accounts are, how to align your expenses, and how to track your business—not someone else’s.
  • Learn why your profit and loss statements are not clear indicators of true profit.
  • Learn the language of budgets using terms like COG, Rolling Budget, Working Capital, Mailbox Drive-by Theory, just to name a few.
  • Get a clear picture of your financial health and make a game plan to move forward.

 

The truth is, anyone can achieve optimal budgeting health. Are you there yet? Find out by answering our five-question Financial Business Performance Inspection and receive immediate email feedback!

 

Budgeting – Business Performance Inspection (BPI)


First Name *
Last Name *
Email *
1. Do you have sufficient working capital? *
If so, how much?
2. Do you have sufficient reserve funds? *
If so, how much?
3. Do you have a written budget? *
4. Do you know how money can leak out through your balance sheet? *
5. Do you know how your P&L can lie to you? *