Expense Control & Financial
How To Save Money by Adjusting Payment Terms
When it comes to saving money on your insurance, one thing that’s really important is that you adjust the payment terms. I’ve had clients that tell me, they’d received up to a 15% discount by paying the whole amount of the insurance upfront rather than spreading it over monthly. You can’t get 15% on your…
Disappearing Profits Solution – VIDEO 2 Minutes
Two Ways to Improve Cash Flow – Bill Haas Management Tip VIDEO 4 Minutes
What You Need To Know about the Employee Retention Credit
Whew! We’re moving on from the PPP loan blog series to dispensing knowledge about the Employee Retention Credit. Hello IRS! With all of the changes and tax time approaching ~2 months away, I hope you’re ready to go. If you haven’t already filed, here is some information that’s about two weeks old, so grab a…
SBA Issues New PPP Regulations, What You Need To Know Part 4
We ended Part 3 of this blog series with “Second Draw PPP Loan Application and Documentation Requirements”. As this second draw is being distributed, the rules are changing. I encourage you to check out the SBA’s website www.sba.gov or go to your local SBA office for additional information. You may also contact me if you…
SBA Issues New PPP Regulations, What You Need To Know Part 3
We ended Part 2 of this blog series with “Calculation of Average Monthly Payroll Costs for NAICS Code 72 Entities That Qualify as Seasonal Employers or as New Entities:” This is another great reason to check out the SBA’s website www.sba.gov or go to your local SBA office for additional information. Beginning Part 3, we…
SBA Issues New PPP Regulations, What You Need To Know Part 2
Hi, Natalie here. We ended Part 1 of this blog with the SBA’s definition of gross receipts which is consistent with SBA’s size regulation 13C.F.R. 121.104. This is another great reason to check out the SBA’s website www.sba.gov or go to your local SBA office for additional information. Beginning Part 2, we start with expanding…
SBA Issues New PPP Regulations, What You Need To Know Part 1
Hi, Natalie here. There is wealth of information to clear up confusion about the new regulations regarding PPP loans. There will probably be changes, so this is summary is based on the best information currently available. Before you take action, I encourage you to check for updated rules and make sure you are fully informed…
Annual Reports – How 2020 Was And How To Prepare For 2021
With the end of 2020 fast approaching, we’re going to look at annual financial reports. Your shop’s financial report is being prepared and there are some steps for you to take. There are also steps you can take to prepare for a solid start to the new year. The content of this blog comes from…
10 Top Financial Tools Your Auto Repair Shop Need Today
Hi, Natalie here. You have a great selection of tools on hand that will cover every job a customer will bring into your shop. Whether it’s Mac Tools, Snap-on, OTC, or Wright, the right tool for the job is priceless. The tools we’re talking about in this post are for finances, but the same strategy…