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Business By The Numbers

De: LSTN Media LLC
  • Resumen

  • Hunt Demarest, CPA has consistently provided his financial business acumen to help move the industry toward greater heights of success and profitability. Hunt was recently referred to as a "terrific advocate of the aftermarket." He is the author of the book, Your Perfect Shop: How to Start, Run & Sell a Profitable Shop. In this book, he compiled some of the best practices for auto repair shop owners, whether they are just starting or have been in the business for years. Hunt's podcast will provide a core understanding of the financial aspects of running an auto repair shop.
    Copyright 2024 LSTN Media LLC
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Episodios
  • The Do's and Don'ts of Owner Financing [E123]
    Jun 20 2024

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.

    In this episode of Business by the Numbers, Hunt Demarest, CPA at Paar Melis and Associates, discusses the growing trend of owner financing in the auto repair industry. With high interest rates making traditional bank loans less attractive, owner financing offers a viable alternative for both buyers and sellers.

    • Evaluating the benefits and risks of owner financing for auto repair shops.
    • Key considerations for sellers, including buyer types and financial stability.
    • The importance of environmental assessments in real estate transactions. Strategies for mitigating risks and ensuring successful deals.
    • Insights into current interest rates and market conditions for owner financing.

    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

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    45 m
  • Overtime, Hiring, Firing with Jamie Hasty [E122]
    Jun 13 2024

    This week, Jamie Hasty from Southeastern Employer Services Corporation (SESCO) joins Hunt to discuss HR and employment law topics for auto repair shop owners. Jamie provides expert advice on managing overtime, understanding exemptions, and maintaining compliance with labor laws. This conversation is essential for any auto repair business looking to safeguard against legal pitfalls and ensure proper payroll management. It includes:

    • Important discussions on managing overtime and understanding exemptions.
    • Practical advice on maintaining compliance with labor laws.
    • Tips for auto repair shop owners to avoid legal issues and manage payroll effectively.
    • https://sescomgt.com/

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.

    Get in touch with Jamie Hasty: https://sescomgt.com/

    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

    Más Menos
    45 m
  • To Withhold or Not To (And How) [E121]
    Jun 6 2024

    In this episode of Business by the Numbers, Hunt simplifies the W-4 form process for auto repair shop owners, employees, and families to avoid tax-time surprises. Whether you’re filling out your own W-4 or helping a team member, this guide makes it easy to get your withholding right.

    • Key Sections of the W-4 Form: Learn how to correctly fill out basic information, handle multiple jobs, and claim dependents.
    • Practical Tips for Business Owners: Get expert advice on managing withholding for yourself and your team, including special considerations for accurate tax withholding.
    • Exemptions for Working Kids: Discover how to manage W-4 exemptions for your children to prevent unnecessary tax withholdings."

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.

    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

    Más Menos
    34 m

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