Keeping the Financial Gears Well Oiled

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.

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.

The ABCs of Automotive Industry Finances

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:

  • Managing a costly and valuable parts inventory
  • Tracking equipment and its tax effects and maximizing those benefits
  • Relying on an insurance approval and payments to start work and manage cash flow
  • Accounting and planning for overtime staffing costs during high volume seasons, such as winter storm collision season
  • Guiding you through the financing process for large equipment purchases, tools, tow truck or other vehicle purchases

And, of course managing the complex nature of automotive charges and properly taxing for different service rates, parts, and disposal fees.

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Learn More About How We Can Help Your Small Business
Courtney Lutz
- President/Owner, Visual Image Photography

“EWH has provided us with our accounting and payroll services for the last 8 years. We are very happy with the attention and services that they have provided. During 2020-2021 when our business went through a very challenging financial time their support and expertise was critical to help us through! We are thankful for Randy and the team that takes care of us.”

Kim Mayer
- CFO, COR Improvements LLC

“EWH has been amazing! As small business owners, we were getting rather exhausted with our former accounting firms dropping the ball on items they were supposed to complete, taking forever to get things back to us and the constant lack of communication. We decided to make the move over to EWH and are so happy we did. The transition was smooth, communication has been great and the people we are working with are so wonderful! Liesel has been our accountant and main point of contact from the beginning, and she is truly fantastic! For the first time in years, we feel like we matter and are not just another number.”

Scott Cole
- Owner, Innovative Health & Fitness, Cole Rehab and Driven Results

“I have been a client of EWH and Debra Kurtz for many years, and I must say that the level of service I have received has been exceptional. Debra and the team at EWH have consistently demonstrated professionalism and provided valuable advice in managing my financials and payroll.

During the challenging times of the COVID-19 pandemic, Debra played a crucial role in securing loans and grants for our business, even before we were aware of the available resources. Her proactive approach and timely assistance truly saved our business.

Debra’s commitment to staying informed and up to date with the latest tax regulations and operational best practices have been invaluable to my business. What sets Debra apart is her genuine care and attention to detail when it comes to understanding and monitoring my business. She has gone above and beyond by proactively addressing any anomalies in our data and seeking explanations whenever necessary.

I wholeheartedly recommend EWH to any small business looking for dedicated professionals who truly care about the success of their clients. Thank you, Debra and the EWH team, for your unwavering support and expertise!”

Have a unique financial, accounting, or bookkeeping need?
Contact us today at one of our four locations in Waukesha, Madison, Onalaska, or West Bend - we can help!
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