December 13, 2025
This article is the fourth in a series on accounting. To view the rest of the series:
Part 1, click here.
Part 2, click here.
Part 3, click here.
One of the most valuable things in any collision repair business is for ownership and management to have an accurate understanding of their financial performance.
In this series, we’ve elaborated on that key point and broken down the ins and outs of the profit and loss (P&L) statement as well as given insight into industry standards on the structure of how that P&L should look. We’ve given recommendations for an easier…
