Operating Expenses vs. Cost of Goods Sold: What Every BHPH Dealer Needs to Know

Jim and Michelle Rhoads sit down with Hugo Sanchez, CPA of Butler Sanchez CPAs in Houston, to break down one of the most commonly misunderstood areas of BHPH accounting: the difference between operating expenses and cost of goods sold. From GPS units and detailing invoices to fuel tickets and sales tax, Hugo clears up the confusion — and explains why dealers who stop overthinking it tend to get it right. Plus, a bonus look at DMS integration pitfalls and when to turn it on (or off). Find the BHPH Morning Show right here on YouTube every Mon, Wed, & Fri at 11am eastern where Jim and Michelle Rhoads talk #buyherepayhere #bhph #subprime #automotive #finance #ethics #whitehatway #customerretention #customerengagement #marketing and much more! We are pleased to use our sometimes-scratchy morning voices to speak up on behalf of BHPH Dealers. Don't forget to LIKE the videos and SUBSCRIBE to The Octane Group channel. Also, please add your comments or questions right on the videos. Looking for AUDIO on the go??? Simply search “BHPH Morning Show” on your favorite podcast platforms including Apple, Spotify, iHeart Radio, and Google. Voice search too!