GET IN CONTROL OF YOUR FINANCES
WITH OUR PROFITS & CASH FLOW SYSTEM
Take Control of Your Finances with AutoFix’s Profits & Cash Flow System
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Do you feel like you’re always scrambling to cover expenses, even though you own a successful auto shop? You’re not alone. Many shop owners struggle to break free from the paycheck-to-paycheck cycle, but it doesn’t have to be that way. With the help of AutoFix Auto Shop Coaching, you can turn things around and get your money working for you.
Our Profits and Cash Flow System is designed to help you gain control over your finances and finally get out of survival mode. With expert guidance from Chris Cotton and his coaching team, you’ll learn how to pay yourself first while ensuring all your business expenses are covered.
Unlock Financial Success in Your Auto Shop to discover even more strategies for taking control of your finances and improving your shop’s profitability.
It’s time to stop being at the mercy of your shop’s cash flow and start leading with confidence.
What is the Profits and Cash Flow System?
The Auto Shop Profits and Cash Flow System empowers you to regain control of your financial future. Instead of profits being an afterthought, you’ll learn how to prioritize your pay while still covering payroll, parts invoices, taxes, and more.
Once this system is in place, you’ll never worry about how to meet financial obligations again—and you’ll enjoy regular monthly profit distributions as a reminder of why you got into this business.
What to Expect During the Profits and Cash Flow Process
When you partner with AutoFix, the process begins with a Zoom call, where your dedicated coach will learn about your shop’s current financial situation, goals, and challenges. After providing your profit and loss statements and debt information, your coach will guide you through these key steps:
1. Income Statement Review
Your coach will analyze your monthly income and expenses to determine your shop’s financial health and identify areas for improvement.
2. Chart of Accounts Optimization
If your financial reports are overly complicated, your coach will simplify them, making it easy to track your shop’s performance.
3. Debt Statement Exploration
Debt can hinder your shop’s growth. Your coach will help you develop a strategy to pay down debt efficiently while maintaining cash flow.
4. Allocation Worksheet Completion
Based on your shop’s income, your coach will create a personalized allocation worksheet to help you manage funds seamlessly. This worksheet calculates how much to allocate to various accounts, ensuring you’re always prepared for expenses.
5. Bank Accounts Setup
Your coach will assist in setting up the necessary bank accounts to properly allocate funds, ensuring your finances are organized from day one.
6. Start Allocating Funds
Once the system is set up, your coach will support you in sticking to the process. Over time, it will become second nature, and you’ll start to see the financial freedom this system provides.
At the end of each quarter, your coach will review your account balances to ensure everything is on track and make adjustments if needed. This ongoing support helps you stay focused and succeed.
Check out this Client Success Story
I wanted to let you know that we paid off a little under $20,000 in debt in the month of June. Plus, we really liked that we had our June sales tax dollars all set side and ready to go. We did not even sweat it this month.”
– J.S.
Ready to Get Started?
Take control of your shop’s finances today. Schedule a Call with AutoFix Auto Shop Coaching to start your journey toward financial freedom.
Profits and Cash Flow FAQs
What is cash flow?
Cash flow refers to the money moving in and out of your business over time. The money coming in from your customers is your revenues, while the funds going out are your expenses. The profits are anything left over after you cover all your expenses.
How do you build cash flow?
You build solid cash flow by charging the right labor amount, keeping your bays full of work, and maximizing your average repair orders.
You can then get your cash flow working for your business by allocating the funds into the right accounts. With that move, you’ll never have to wonder how you will cover your taxes or other expenses.
How much should I pay myself as a small business owner?
As a small business owner, you can pay yourself as much as you’d like each month. Many business owners take 50% of their profits and put the rest back into growing their company.
But before you do that, use a smart profit and cash flow system to allocate funds for your expenses accurately. That way, you know how much profit you have to work with each pay period.
Ready to Strengthen the Financial Health of Your Auto Repair Shop?
If you’re ready to break free from the paycheck-to-paycheck cycle and take control of your shop’s finances, the Auto Shop Profits and Cash Flow System is your next step toward lasting success. AutoFix Auto Shop Coaching is here to guide you through every phase of financial transformation.
To get started, give us a call at 940-400-1008. Our team is ready to provide personalized insights, expert guidance, and unwavering support to help your auto repair shop thrive. Whether you’re looking to boost profitability, streamline operations, or secure sustainable growth, we’re here when you’re ready to take the first step.