Expense Control & Financial
Bookkeeping Steps to Ensure a Smooth Financial Year-End
There’s less than one month left in 2024. Is the bookkeeping for your automotive business up to date? If you’re anything like us, you feel like this year flew by in the blink of an eye. It’s time to ensure that your books and reports are squared away as this year comes to an end.…
Financial Literacy for Shop Owners – VIDEO
A Year Of Bookkeeping Gratitude: Client Wins In 2024
At Three Rivers Bookkeeping, our auto repair shop clients have experienced significant financial improvements this year – and we’re raising a toast to them in this post! It is our mission to provide five-star bookkeeping services to every client we work with, and it certainly shows through the growth and success of these businesses! Here’s…
How To Set Up A Chart of Accounts
As an auto repair shop owner, you manage a multitude of tasks daily. From overseeing repairs and maintaining customer relationships to running a team of employees, financial management is often the last thing you want to think about. If this sounds like you, we have a solution to keep your finances on track! A well-organized…
Are you afraid of quarterly tax time? This will help!
Financial scares in your auto repair business can be far more terrifying than any haunted house or fright fest you’re attending this year – especially when it comes to quarterly taxes. Unlike annual taxes, quarterly taxes require you to pay estimated taxes throughout the year. This helps ensure that the IRS receives the full amount…
Charity Scams Are A Spooky Threat To Your Small Business
October is the month of spooks, scares, and, unfortunately, scams. While we’re all familiar with haunted houses and slasher movies, there’s another kind of horror story that can leave you feeling spooked as an auto repair business owner: financial scams. And one particularly vulnerable area for these scams is charitable giving. The Rise of Charity…
Falling Into Good Habits: Financial Tips for Autumn
The turning of the seasons is a great time to fall into good habits, financial habits to be exactly. Autumn is an ideal time to reassess your financial situation and implement new strategies that will carry you through the end of the year and beyond. We believe that with the right approach, you can “fall”…
The Post-Summer Financial Checklist for Your Automotive Business
As summer comes to a close, it’s time to shift gears and prepare your mechanic shop for the busy months ahead. Before you know it, your bays will be flooded with customers requiring vehicle maintenance! While you focus on business strategies to drive revenue after the summer slowdown, it’s also important to ensure your financial…
Your Post-Summer Business Strategy for a Profitable Fall
As summer days come to an end and we transition into fall, it’s the perfect time for mechanic shop owners to ramp up their business strategies to increase sales. It’s common for customers to take a break during the summer season because they’re on vacation, have the kids home, or are submerged in relaxation mode.…
Managing Vacation Payroll Efficiently
Summer is here, which means your employees are likely looking to take time off. As a way to thank them for their hard work, you offer competitive benefits that include paid vacation time. If you don’t plan your vacation policies and processes properly, you can experience hiccups in overlapping time off, budgeting, and staff morale.…