Скачать или смотреть Shop Talk For Auto Repair Shop Owners - Day 6

Shop Talk Day 6: Where Did My Profit Go?! Understanding Net Profit, Debt & Your Balance Sheet

If your an auto repair shop owner and you’ve ever looked at your profit and loss and thought,
“Hang on… it says we made $200K, so why is there nothing in the bank?”
— this video is for you.

In Day 6, we head straight to the net profit line and unpack why the number your accountant shows you almost never matches what’s sitting in your operating account.

Today’s video covers:
✔ Why net profit ≠ cash in the bank
✔ How debt repayments, owner drawings and director’s pay quietly eat into your profit
✔ Why most accountants ignore your balance sheet (and why that leaves you in the dark)
✔ How outdated loans, old equipment finance and forgotten liabilities hide your real debt
✔ How a cash flow management system and the debt snowball can wipe out debt fast
✔ Why becoming profitable requires being comfortable with being uncomfortable

If you’re an auto repair shop owner who feels like money evaporates as fast as it comes in, this video will help you stop flying blind and start thinking like a profit-focused business owner.

🏆What to Do Next:
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If your business is doing less than $50k per month in revenue or you are a solo operator.

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If your business is doing over $50k per month in revenue.

🚀Your business doesn’t change when you find time.
It changes when you decide.

🚦Let’s reset your shop, your profit, and your life, one day at a time.

— Rachael Evans
The Workshop Whisperer™
Helping Auto Repair Shop Owners Profit More & Stress Less Since 2014