Do you own or manage an auto or truck repair business? Are you not satisfied with your bottom line and find yourself struggling with the 'economic' down turn? Is this the moment in your business's history when you could use someone with a diagnostic or consultative mind to improve things significantly? Then stay tuned to the information you will find on our new site.
Master Shop Coaching brings the experience and time-tested expertise of auto and truck repair shop pros and consultants together with a plan for successfully running your shop. We cover every aspect of operating and improving your repair business so that the bottom line improves, your bays are always full and your marketing and cash flow are fine tuned.
This site is being designed to give repair services a road map presenting how and what it takes to turn around your business. We want your business to be hitting on all cylinders. We have studied every aspect of the business you are in and we know what works and what doesn’t. We cover marketing, accounting, employees, customer relations and operations in a comprehensive common-sense style that will leave you smiling and engaged.
We start with an honest and complete assessment of your current business in order to determine what needs improving and what just needs tweaking. Our approach adds great value to your business without stressing the budget. Compared with similar services, Master Shop Coaching makes successful change and improvement affordable and downright enjoyable.
You will quickly get the sense that our bottom line is to improve your bottom line. Contact us today and throw those frustrations and anxieties away. We know what it takes to improve every aspect of your business.
Marshall
Welcome to Master Shop Coaching
Do you own or manage an auto or truck repair business? Are you not satisfied with your bottom line and find yourself struggling with the ‘economic’ down
turn? Is this the moment in your business’s history when you could use someone
with a diagnostic or consultative mind to improve things significantly? Then
stay tuned to the information you will find on our new site.
Trust Experience
Master Shop Coaching brings the experience and time-tested expertise of auto
and truck repair shop pros and consultants together with a plan for successfully
running your shop. We cover every aspect of operating and improving your repair
business so that the bottom line improves, your bays are always full and your
marketing and cash flow are fine tuned.
This site is being designed to give repair services a roadmap presenting how and
what it takes to turn around your business. We want your business to be hitting
on all cylinders. We have studied every aspect of the business you are in and we
know what works and what doesn’t. We cover marketing, accounting, employees,
customer relations and operations in a comprehensive common-sense style that
will leave you smiling and engaged.
A Personalized Approach
We start with an honest and complete assessment of your current business in
order to determine what needs improving and what just needs tweaking. Our
approach adds great value to your business without stressing the budget.
Compared with similar services, Master Shop Coaching makes successful change and
improvement affordable and downright enjoyable.
You will quickly get the sense that our bottom line is to improve your bottom
line. Contact us today and throw those frustrations and anxieties away. We know
what it takes to improve every aspect of your business.
All the Best,
Marshall Kelly
Importance of Cash Flow
CASH FLOW
Turnover- you must turn over your cash. Make a sale – make a deposit – buy the next one – make a sale – make a deposit. Profiting enough to pay bills depends on you depositing the money every time and not spending that money on anything else.
Remember the sale returns to you the cost that you spent to buy the product and that overage is profit – but hold it. The sale is not the profit. Profit is the amount of excess you returned past the cost of the product.
Profit is not pure profit yet – it is then used to return the business expense you had to spend to get the store to attract the customer to make the sale. After everything is returned and all bills are paid – that is the profit. The secret is to sell for enough money or have enough sales to even pay down the debt.
Being in business in today’s Environment
Challenges are plentiful in any business type today. No one has it easy. We will discuss structures indigenous to preventing insolvency.
CAPITALIZATION
Many start endeavors lacking proper capital and this contributes to early failure. This is primarily because the entrepreneur has great trust in his own ability to generate business quickly and whenever he needs to.
It is always wise to double the amount of capital you think you will need to get you to a turn-around point. Some start a business because the new owner likes the product or service or has worked in a similar business.
The functional knowledge he is starting with is somewhat limited. It is common to underestimate the depth of capital that will be needed as well as how long it may take to pay it back once there is a break-even point
Master Shop Coaching has a new look
MasterShopCoaching.com has a new look and feel. With a modified website from our companion business, Performance Site Builder, we are ready to tackle new challenges and new capabilities with style.
