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Common Mistakes That Affect Your Shop’s Bottom Line

Guest Speaker

Bryan Machacek

OwnerOwner EJD Machacek CPA

Is your auto repair shop struggling to turn a profit? Learn some important financial tips from Bryan Machacek, Director of MoneyWrench.

In the article, Machacek discusses the following 5 common mistakes auto shop owners make that can impact their bottom line:

1. Your shop management software doesn’t match your bookkeeping software
2. You don’t look at your financials often, or ever
3. You aren’t paying yourself properly
4. You treat your business cash as if it’s a personal bank account
5. You aren’t planning wealth transfer effectively

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