Exclusive feature in Bodyshop Magazine
No matter how many cars or vans you repair as a business, cash flow management can be the difference between success and failure.
Staying on top of your bodyshop’s finances can feel like a juggling act, from late payments to price increases and parts delays, this can have a significant effect on profitability and fluidity – impacting credit and the ability to meet financial obligations, hindering expansion opportunities.
In this article, we take a deep dive in to the critical role cash flow plays in the expansion plans of a bodyshop and examine how invoice factoring of approved repairs can be deployed as a strategic tool to support it.
Read for free online.