dcsimg

Career Story: CFO And Owner Of An Auto Repair And Sales Business

CFO And Owner Of An Auto Repair And Sales Business

Job Title: CFO Of Small Business

Type of Company: Our business is repairing automobiles and selling used cars.

Education: Boston College, BA in Business Administration

Previous Experience: I worked in the finance department of a major computer manufacturer for 11 years. I was responsible for keeping track of sales as well as budgets. After that I worked for one of the largest public accounting firms as an accounting supervisor. In the early 1990s my husband decided to start his own business. I went along with him to handle the finances, the contract negotiations with vendors, the employees issues such as benefits and payroll.

Job Tasks: As a small business owner and the person that handles all the financial decisions for the company, I find my job challenging and different every day. My day might begin with handling an employee's question on health insurance benefits, then I might help a customer with scheduling an appointment for work to be done on their car or even meet with a customer to explain what work we did on their car, and next I might be reviewing our financial situation by looking at reports to see what bills can be paid and when to pay them. Periodically I meet with vendors to negotiate contracts so that we can buy parts to fix customers' cars. I continually review these agreements to ensure that we are getting the best pricing. I need to do the same with the telephone service and the uniform cleaning service. I am constantly looking at ways to save money and increase sales. All of this means greater profits for the company.

In a successful small business everyone works together as a team. But most importantly, as a small business owner all my efforts go into creating a successful company that monetarily benefits me, my family, and my employees.

Best and Worst Parts of the Job: The best part is that I am my own boss. I make the decisions. I have to accept my decisions whether the results are good or bad.

The worst part of my job is that I am the decision maker and that all the employees look to me. If there is a customer problem, I have to resolve it. There is no one else. When the employees go home, I am still the one that is finishing up the days' work and planning for the following day. Owning your own business is a 24 hour/7 day a week job.

Job Tips: A career in the business world requires a solid business education that includes accounting, marketing, and economics. Once you are out of college, you'll likely get a very low level job. But it is important to work hard and learn as much as you can while you are at that job. You will be rewarded with promotions and other job opportunities.

Popular Schools offering Business Administration Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

For over 35 years, Keiser University has provided student-centered, quality career education. Keiser University Online offers degree programs online to prepare students for in-demand professions.

  • Programs: Bachelor of Arts in Business Administration, Business Administration, BA - Finance
  • Degrees: Bachelor
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Administration (BS), Business Administration - Property Management (BS), Business Administration - Human Resources (BS), more...
  • Degrees: Bachelor, Associate

Earn your Master's degree online from Norwich University.

  • Programs: Master of Business Administration Online
  • Degrees: Master

Iowa Wesleyan University is a transformational learning community whose passion is to educate, empower and inspire students to lead meaningful lives and careers.

  • Programs: Bachelor of Science in Business Administration
  • Degrees: Bachelor

Earn your graduate degree online with Northcentral University.

  • Programs: MBA - Building Creativity, Management - PhD in Bus. Admin., Management - D.B.A., more...
  • Degrees: Master, Doctorate

Abilene Christian University is a national leader in Christian higher education and a place where students, faculty, staff and alumni make a real difference in the world.

  • Programs: Master of Business Aministration, Master of Business Administration - Marketing, Master of Business Administration - Information Technology Leadership, more...
  • Degrees: Master

Designed with the needs of working adult students in mind, South University, Online Programs is built on the similar curriculum offered at South University's campus locations. As a student at South University, Online Programs you will receive the same quality instruction, variety of learning options and level of service found at the campus locations.

  • Programs: Business Administration (BBA), Business Administration (AMBA), Business Administration - Marketing Specialization (MBA), more...
  • Degrees: Bachelor, Master

NU has been educating leaders since 1934 at our campus near Seattle. If you have a dream, we can help make it possible.

  • Programs: MBA, MBA Project Management
  • Degrees: Master

Technology changes everything®

You’ve found Ashford University, where school comes to you

  • Programs: BA/Business Administration - No Concentration, MBA - No Specialization, MBA - Project Management, more...
  • Degrees: Bachelor, Master

Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) recently received state approval to enroll students with little to no prior college experience. To help ensure student success, the university has created a program especially for these students who plan on starting their college experience for the first time with us.

  • Programs: Master - Human Resource Management
  • Degrees: Master
Matching School Ads

Additional Career Stories for Chief Executives

The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.

All Types

You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Chief Executives, including:

SPEAK TO AN ADVISOR 1.844.285.6104