Why Busy Shops Often Feel Broke

CPA Nick Papakyrikos joins Ratchet+Wrench Radio host Christine Schaffran for a three-part series on why busy shops still struggle financially, what private equity sees in the industry, and how shop owners can build lasting wealth instead of burnout.
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Your bays are full. The phones won’t stop ringing. Sales keep climbing. So why does it still feel like there’s never enough money?

In this special three-part Ratchet+Wrench Radio series, CPA Nick Papakyrikos breaks down the financial realities independent shop owners face every day—and the systems that can change everything. Hosted by Christine Schaffran, the series explores why growth alone doesn’t guarantee profit, why private equity is betting big on auto repair, and how shop owners can turn years of hard work into long-term financial security.

Episode 1 dives into the “busy but broke” trap and introduces practical strategies to take control of cash flow, reduce stress, and finally make profit a priority instead of an afterthought.

 

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About the Author

Christine Schaffran

Editor-in-Chief

Christine Schaffran is the Editor-in-Chief for Ratchet+Wrench magazine at Endeavor B2B. She is an award-winning journalist, having covered both commercial and industry magazines and newspapers during her career. She previously served as Editor-in-Chief for another publisher for 17 years prior to joining Endeavor. When she's not spending time with her husband and son, you'll find her in the kitchen experimenting with new recipes and delicious dishes to try. 

 

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