finance Archives - Page 3 of 3 -
S.O.S. Podcast – How Text-To-Pay Eliminates Payment Headaches

Contactless payments can make your customers comfortable – and make your finances more secure.

S.O.S. Podcast – Make It Easier To Get Paid For Your Services

Technology has changed the way you can request and accept payment. This episode is presented by 360 Payments.

Getting Through 2020 Will Make 2021 Even Easier

In preparation for a better 2021, here are a few financial reminders of things that might help.

Business Health Check: What To Examine Every Year

Just as everyone should see his or her physician for an annual check-up, it makes sense to do the same for your business.

Managing Cash Flow

Without cash, an automotive repair shop will inevitably shut down, regardless of how profitable it looks on paper. You can be “rich” in accounts receivable and inventory, but cash poor if these assets are not convertible into cash to meet current obligations. In fact, cash is the only asset a company needs to stay in business.

Controlling Payroll, Managing Productivity

Payroll is the largest expense item in the monthly financials, and dramatically affects the bottom line. It’s so easy for this to get out of hand if it’s not monitored on an ongoing basis.

How Your Previous Year’s Taxes Will Affect The Sale Of Your Shop This Year

Jim’s Auto Repair and Tire has been a fixture in a Midwest community for 31 years. Jim is now 64 years old and has agonized about when to retire for the past couple of years. The business has enabled him to live a good life despite the ups and downs of the local economy, put his two children through college and spend more time lately on his hobbies.

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Knowing What Numbers To Watch

There was a time when you could take care of your customers and your people and the rest would take care of itself. It’s a lot more complicated than that today to run a successful business.