Hunt Demarest: Income Statements, Profits, Losses, Oh MY! [E096]
In this episode of The Weekly Blitz, Coach Chris Cotton welcomes Hunt Demarest to the show and they talk about Income Statement best practices:
Specifically, they cover:
- Categories of Income and COGS (Cost of Goods Sold)
- Hunt's Favorite SuperHero!
- Accounting Practices
- What's Deductible
- How much detail you really need
- Who's Stealing from You & How?
- Processes & Procedures save the day!
Check out Hunt on the Aftermarket Radio Network on his Podcast:
Business by the Numbers: https://huntdemarest.captivate.fm/
I love his Episode #43 How Much Is Your Time Worth
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Connect with Chris:
Coach Chris Cotton
AutoFix-Auto Shop Coaching
Visit Auto Shop Coaching website HERE.
940-400-1008
Email Chris: chris@autofixsos.com
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This episode is sponsored by AutoLeap. AutoLeap is a cloud-based all-in-one automotive invoice software that helps you supercharge your mechanic shop. Their customers have experienced:
30% increase in revenue by improving transparency and trust
50% reduction in time spent researching and ordering parts
10% increase in profit margins through robust reporting
Click here to learn more about AutoLeap and schedule a demo:
AutoLeap Link: http://bit.ly/3GRgO88