Ashley Keatts 7/9/25 Ashley Keatts 7/9/25

“Should I Buy That?” A Brief Guide to Business Purchases That Actually Pay Off

In the world of drag racing and high-performance work, we’re surrounded by cool stuff—high-end gear, tech, builds, and upgrades that make us say “YES” with our heart before checking in with our wallet.

But the truth is: not every flashy item is a smart business move.

Before you buy, ask yourself:

Will this make us money?
Will it save us time we can use to take on more paid work?
Will it fix a real bottleneck in the business?
Is this for the business—or for bragging rights?

Ashley Keatts 7/2/25 Ashley Keatts 7/2/25

Stop the Bleed: How to Take Control of Your Operating Expenses Before They Take Control of You

You’re not alone. At A&L Bookkeeping and Accounting, we hear this all the time from performance shop owners and other small business clients:

👉 You’re booked out
👉 You’re working nonstop
👉 But there’s still not enough in the bank

Nine times out of ten, the problem isn’t your pricing.
It’s not your sales.
It’s runaway operating expenses.

In this short video Ashley, from A&L Bookkeeping and Accounting gives a short overview of the common problems and how you can fix them

Ashley Keatts 6/26/25 Ashley Keatts 6/26/25

Why Paying Yourself as an Owner Isn’t Optional— And How to Start Doing It Right

Most business owners don’t pay themselves enough—or consistently. Learn why paying yourself first matters, how to cut expenses, and how A&L can help you build a sustainable owner’s pay plan.

Ashley Keatts 6/19/25 Ashley Keatts 6/19/25

Why You Should Always Collect W-9s from Your Vendors — Before You Pay Them

Collecting W-9s before you pay vendors helps simplify 1099 filing for contractors, landlords, attorneys, web designers, and other service providers. Learn why it matters.

Ashley Keatts 6/11/25 Ashley Keatts 6/11/25

How to Read Your Financial Statements (Without a Finance Degree)

Hey business owners—be honest. Do you actually know what your financial statements are telling you? 🤔

Your Profit & Loss and balance sheet hold the answers to questions like:

💰 Am I making money?
📉 Where’s it all going?
📊 Can I afford to grow?

If reading your reports feels like reading another language, don’t worry—you’re not alone, and we can help.

Check out our latest blog for a super simple breakdown—no jargon, just clarity.

Ashley Keatts 6/4/25 Ashley Keatts 6/4/25

Why Racing Teams Need a Financial Pit Crew

Why your racing team needs a financial pit crew:

Your income is seasonal and unpredictable. We help you plan for the slow months and ride out the off-season without stress.
You’re juggling multiple revenue streams. Track winnings, vendor sales, performance work, sponsorships—we organize and clarify it.
You travel across state lines. We help you stay compliant with sales tax and reporting no matter where the trailer goes.
You don’t have time to sort receipts. That’s what we’re here for.