Thorns, Barns, and Oil Jars by Ashley Terradez

Author:Ashley Terradez
Language: eng
Format: epub
ISBN: 9781680317848
Publisher: Harrison House Publishers

That might mean selling the car you’re making payments on and buying a used vehicle with cash. It could mean taking a look at your phone or insurance bill and cutting out non-essential products. Perhaps you need to cancel your cable or entertainment subscriptions and sell some of the extra “stuff” accumulating in your house. Or you may even want to get a part-time job to boost your income.

Do whatever you can to balance your cash flow. One of the best things I did when I owned a car lot was to close down my physical location. That may sound counter-productive for a car dealer, but it took a ton of money just to open my doors every day. Not only did I have to buy merchandise, but I also had to pay for staff, rent, utilities, and detailing. If I didn’t sell any cars one day, the next day I had to sell twice as many to cover my expenses. If nothing sold the second day, I’d have to sell three times as many on the weekends—all while my stock devalued on the lot.

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