My $1.2 Million Business Is Making Zero Profit

From the headquarters of Ramsey Solutions, this is Entree Leadership. I'm your host, Dave Ramsey, with over 30 years of experience leading in the trenches, right alongside you. If you got a question for the show, go ahead and click the link in the description. Cody is in Orlando, Florida. Hey, Cody, what's up?

All right, so I am the owner of a small automotive repair shop. We have four full-time employees, five including myself and two part-timers. Our revenue last year was 1.2 million and we are struggling with cash flow. Why? Mainly we went through a slow time, uh, starting about the beginning of November through the end of the year.

And uh we were pretty much pretty tight going into that. And um So at 1.2 you're not profitable? Correct, yes, sir. And we so we've been open, uh we opened July of 22. So a little over three years in.

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