Shop Ops Tip of the Month: Pro Forma
Within ShopOps’ Business Improvement section, you will find a hidden gem called Pro Forma. The Pro Forma modeling tool is designed to help Certified Collision Care Providers like you compare financial decisions before you make them. A Pro Forma is a confidential tool that lays out how changes will impact your bottom line. It provides you with a “what if” calculator that will allow you to show the actual financial impact before making an investment or strategic change to your existing business model. Study trends from your previous year, including revenue, debt, and accounts receivable. Especially after a tumultuous year like 2020, this preparation will help your business be ready for anything. To use “Pro Forma” found in ShopOps, do this: 1. Go to www.assuredperformance.net and log into your ShopOps account. 2. Select “Business Improvement” from…