Don't get to the end of this year wishing you had taken action to change your business and your life.
Click here to schedule a free discovery call for your business: https://geni.us/IFORABE
Don't miss an upcoming event with The Institute: https://geni.us/InstituteEvents2026
Shop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.
Click here to schedule a free demo: https://info.shop-ware.com/profitability
Transform your shop's marketing with the best in the automotive industry, Shop Marketing Pros!
Get a free audit of your shop's current marketing by clicking here: https://geni.us/ShopMarketingPros
Shop owners, are you ready to simplify your business operations? Meet 360 Payments, your one-stop solution for effortless payment processing.
Imagine this—no more juggling receipts, staplers, or endless paperwork. With 360 Payments, you get everything integrated into one sleek, digital platform.
Simplify payments. Streamline operations. Check out 360payments.com today!
In this episode, Lucas and David are joined by Liz Perkins, shop owner, technician, and multi-business entrepreneur, along with Jesse Meddaugh from 360 Payments. Liz shares her journey of growing a business from shop operations to training and managing multiple ventures, emphasizing the importance of understanding and mastering the financial side of the company—even getting hands-on with bookkeeping for deeper insights. The conversation explores the impact of integrated consumer financing on shop sales and customer experience, with both Lucas and Liz highlighting how offering payment options can reduce stigma, increase approval rates, and empower customers.
00:00 "Seamless Consumer Financing Growth"
03:51 Streamlined Vehicle Financing Process
08:30 Rising Costs of Car Repairs
12:36 Guaranteed Results Over Cheap Fixes
15:21 "Negative Impact of Free Diagnostics"
17:00 "Choosing Free Diagnostics Wisely"
20:40 "Working Mom's Struggles"
23:26 North Carolina DMV Renewal Woes
27:24 "Keep Growing, Keep Building"
32:09 Quick Harness Installation Guide
32:45 "Frustrated Mechanic Wrecks Harness"
38:32 Bookkeeping vs. Accounting Confusion
40:48 Understanding Business Fees
43:53 DIY Accounting Confidence
45:51 "Monthly P&L and Accounting"
50:52 Efficient Scheduling for Long Commutes
54:28 Tire Service Pricing Inquiry
56:27 Balancing Growth vs. Staying Solo
59:10 Grammar Concerns with Dashes
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