We spoke with Chris Cotton, Owner of AutoFix Auto Shop Coaching, about effective cash flow strategies for auto repair shop owners. Part two of our discussion covers:

[00:00:43] - How to prepare your income statement

[00:04:00] - When to review your income statement

[00:05:45] - The upside of effective cash flow

[00:08:18] - The downside of mismanaged cash flow

[00:10:32] - Getting started

AutoLeap provides a cloud-based auto repair software that helps automotive shop owners better understand, manage and grow their business—from scheduling appointments to managing technicians and generating invoices. The best auto repair shops choose AutoLeap as it helps them save time and make more money.

Learn about AutoLeap: https://tinyurl.com/28dcpuyw

Schedule a free demo: https://tinyurl.com/3ce7rn9b

Learn about AutoFix: https://autoshopcoaching.com/

Follow AutoFix: https://www.facebook.com/AutoFixAutoShopCoaching/

Chart of accounts resource: The Importance of a Proper Chart of Accounts - AutoFix Auto Shop Coaching