It is a highly technical, skilled, “get your hands dirty” type of job. But for those of you who prefer being in the shop over the 9-5 office setting, it’s a passion first and a business second. However, when it comes to managing the numbers in your auto repair or body shop, it shouldn’t just be focused on a classic car’s mileage, the correct part number to order, or how many quarts of oil to stock. It should be focused on the performance, reliability, and financial horsepower you have as a small business.
Whether you perform general auto repair, specialize in classic restoration, or run a collision and auto body repair center, there are many universal financial challenges in the automotive industry:
And, of course managing the complex nature of automotive charges and properly taxing for different service rates, parts, and disposal fees.
“Gillette Body & Paint has been with EWH since we opened up 18 years ago. They have given us exceptional service. The staff is friendly and always willing to help us out when needed. I couldn’t imagine service like that anywhere else.”
Kathy and Todd Gillette, Gillette Body & Paint (Waukesha, WI)
“The professionals at EWH have designed a system of support enabling our company to increase efficiency, reduce costs and increase profits.”
Mark and John Huckstorf, Owners of Huckstorf Diesel Pump (Franklin, WI)
Get in the Financial Fast Lane
Being limited by your understanding of the financials in your business is like sitting in traffic, or worse yet, being stuck in the right lane as other businesses pass by you. Be it payroll, bookkeeping, tax planning, or simply understanding your financial statements, EWH Small Business Accounting’s experience in auto repair is unique. And, our education platform – EWH University – helps you get in the fast lane with fun, easy to understand workshops in Madison, LaCrosse, or the Greater Milwaukee area.
A challenge facing many small business owners is the ability to understand their numbers, making it difficult to make sound financial decisions. EWH University workshops will teach you how to read, understand, and use your financial statements to produce measurable financial results.
Financial Essentials – The Basics of Business Finances
Fundamentals of Financials Workshop
Fine Tuning the Numbers
You can make the engine purr. But at EWH Small Business Accounting, we like to spend time on your finances to make sure your business engine purrs. Our complimentary consultation is somewhat like a multi-point inspection. You have the chance to tell us more about your financial challenges and get to know our process and systems. We’ll review things like your accounting, bookkeeping, and payroll and give you our recommendations for how to keep your business running smoothly for years to come.