Shows
Remarkable Results Radio PodcastIt’s the Person, Not the Software: Solving Common Shop Management Gaps [RR 1044]Thanks to our Partners, NAPA Auto Care and NAPA TRACS
Recorded at Vision Hi-Tech Training & Expo, Ben Dexter sheds light on a common issue: many shop owners are only scratching the surface of what their shop management systems can do. From underutilized tools to overlooked processes, this conversation uncovers the true value of role-based training, strategies for better customer communication, why profit should be seen as a healthy business goal, the impact of digital vehicle inspections (DVIs), why strong service advisors are essential, and the crucial role of inventory control in shop performance. Whether you’re a shop owner, service ad...
2025-06-1736 min
Remarkable Results Radio PodcastIt’s the Person, Not the Software: Solving Common Shop Management Gaps [RR 1044]Thanks to our Partners, NAPA Auto Care and NAPA TRACS Recorded at Vision Hi-Tech Training & Expo, Ben Dexter sheds light on a common issue: many shop owners are only scratching the surface of what their shop management systems can do. From underutilized tools to overlooked processes, this conversation uncovers the true value of role-based training, strategies for better customer communication, why profit should be seen as a healthy business goal, the impact of digital vehicle inspections (DVIs), why strong service advisors are essential, and the crucial role of inventory control in shop performance. Whether you’re a shop owner, service ad...
2025-06-1736 min
Remarkable Results Radio PodcastTariffs: Higher Prices, Higher Profits? [166] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveTariffs might sound like a foreign concept—until they hit home. In this episode of Business by the Numbers, Hunt breaks down the real-world impact tariffs can have on your auto repair shop, using a powerful shop-vs-shop analogy to explain rising costs, disappearing jobs, and economic ripple effects. Whether you're in the weeds of part pricing or just trying to make sense of the news, this episode gives you the context you need.Here’s what you’ll learn in this episode:Why tariffs are making headlin...
2025-04-1730 minBusiness By The NumbersTariffs: Higher Prices, Higher Profits? [166]Thanks to our partners, NAPA TRACS and PromotiveTariffs might sound like a foreign concept—until they hit home. In this episode of Business by the Numbers, Hunt breaks down the real-world impact tariffs can have on your auto repair shop, using a powerful shop-vs-shop analogy to explain rising costs, disappearing jobs, and economic ripple effects. Whether you're in the weeds of part pricing or just trying to make sense of the news, this episode gives you the context you need.Here’s what you’ll learn in this episode:Why tariffs are making headlin...
2025-04-1730 min
Remarkable Results Radio PodcastTariffs: Higher Prices, Higher Profits? [166] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveTariffs might sound like a foreign concept—until they hit home. In this episode of Business by the Numbers, Hunt breaks down the real-world impact tariffs can have on your auto repair shop, using a powerful shop-vs-shop analogy to explain rising costs, disappearing jobs, and economic ripple effects. Whether you're in the weeds of part pricing or just trying to make sense of the news, this episode gives you the context you need.Here’s what you’ll learn in this episode:Why tariffs are making headlines—and how they could impact part costs in...
2025-04-1730 min
Remarkable Results Radio PodcastFinding Lost Money with Alex Saladna - WickedFile [E165] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWhat if your auto repair shop is losing money every single day — and you don’t even know it? In this episode, Hunt sits down with Alex Saladna, CEO of Wicked File, to talk about the hidden financial leaks happening in shops just like yours and how AI is helping owners plug those holes fast. From missed parts and uncredited returns to unauthorized purchases, we dive deep into how real shop owners are using Wicked File to save thousands of dollars and hundreds of hours every month.Whether y...
2025-04-1038 minBusiness By The NumbersFinding Lost Money with Alex Saladna - WickedFile [E165]Thanks to our partners, NAPA TRACS and PromotiveWhat if your auto repair shop is losing money every single day — and you don’t even know it? In this episode, Hunt sits down with Alex Saladna, CEO of Wicked File, to talk about the hidden financial leaks happening in shops just like yours and how AI is helping owners plug those holes fast. From missed parts and uncredited returns to unauthorized purchases, we dive deep into how real shop owners are using Wicked File to save thousands of dollars and hundreds of hours every month.Whether y...
2025-04-1038 min
Remarkable Results Radio PodcastFinding Lost Money with Alex Saladna - WickedFile [E165] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWhat if your auto repair shop is losing money every single day — and you don’t even know it? In this episode, Hunt sits down with Alex Saladna, CEO of Wicked File, to talk about the hidden financial leaks happening in shops just like yours and how AI is helping owners plug those holes fast. From missed parts and uncredited returns to unauthorized purchases, we dive deep into how real shop owners are using Wicked File to save thousands of dollars and hundreds of hours every month.Whether you're a single-location shop or managing...
2025-04-1038 min
Remarkable Results Radio PodcastHow Much Do I Need to Retire? [E164] - Business By The NumbersThanks to our partners, NAPA TRACS and Promotive“Do I have enough to retire?”It’s the question every business owner eventually asks—but most never answer. In this episode, Hunt breaks down why your retirement isn’t about hitting a number… it’s about building a life you don’t need to escape from.What You'll Learn:Why there’s no universal retirement number (and what to focus on instead)The simple formula to estimate how much you really needHow Social Security, real estate, and your business really factor inThe danger of carrying debt into re...
2025-04-0333 minBusiness By The NumbersHow Much Do I Need to Retire? [E164]Thanks to our partners, NAPA TRACS and Promotive“Do I have enough to retire?”It’s the question every business owner eventually asks—but most never answer. In this episode, Hunt breaks down why your retirement isn’t about hitting a number… it’s about building a life you don’t need to escape from.What You'll Learn:Why there’s no universal retirement number (and what to focus on instead)The simple formula to estimate how much you really needHow Social Security, real estate, and your business really factor inThe danger of carrying debt into re...
2025-04-0333 min
Remarkable Results Radio PodcastHow Much Do I Need to Retire? [E164] - Business By The NumbersThanks to our partners, NAPA TRACS and Promotive“Do I have enough to retire?”It’s the question every business owner eventually asks—but most never answer. In this episode, Hunt breaks down why your retirement isn’t about hitting a number… it’s about building a life you don’t need to escape from.What You'll Learn:Why there’s no universal retirement number (and what to focus on instead)The simple formula to estimate how much you really needHow Social Security, real estate, and your business really factor inThe danger of carrying debt into retirementWhat the book Die With Zero teaches us about...
2025-04-0333 min
Business By The NumbersWhere Are My Customers? [E163]Thanks to our partners, NAPA TRACS and PromotiveIs your shop struggling with fewer repair orders and dropping sales? It may not be about losing customers—your clients could just be driving less. In this episode of Business by the Numbers, Hunt Demarest, CPA, walks you through a real-life example of how customer driving behavior (and simple mileage tracking) revealed critical insights for a struggling $2M shop. Learn how to use your own data to better understand your customer base, track hidden metrics, and adjust your strategy—before your bottom line takes another hit.In this...
2025-03-2724 minRemarkable Results Radio PodcastWhere Are My Customers? [E163] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIs your shop struggling with fewer repair orders and dropping sales? It may not be about losing customers—your clients could just be driving less. In this episode of Business by the Numbers, Hunt Demarest, CPA, walks you through a real-life example of how customer driving behavior (and simple mileage tracking) revealed critical insights for a struggling $2M shop. Learn how to use your own data to better understand your customer base, track hidden metrics, and adjust your strategy—before your bottom line takes another hit.In this...
2025-03-2724 min
Remarkable Results Radio PodcastWhere Are My Customers? [E163] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIs your shop struggling with fewer repair orders and dropping sales? It may not be about losing customers—your clients could just be driving less. In this episode of Business by the Numbers, Hunt Demarest, CPA, walks you through a real-life example of how customer driving behavior (and simple mileage tracking) revealed critical insights for a struggling $2M shop. Learn how to use your own data to better understand your customer base, track hidden metrics, and adjust your strategy—before your bottom line takes another hit.In this episode:Why fewer visits doesn’t alway...
2025-03-2724 min
Remarkable Results Radio PodcastStagflation: What is It? [E162] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into a major economic issue that could impact your auto repair shop: stagflation. With inflation staying high and economic growth slowing, what does this mean for your business? Should you be concerned about a recession, and how can you prepare? Hunt breaks it all down with real-world insights and historical comparisons to the 1970s economic crisis.🔹 What You’ll Learn in This Episode:What stagflation is and why it matters now.How inflation is outpacing...
2025-03-2030 minBusiness By The NumbersStagflation: What is It? [E162]Thanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into a major economic issue that could impact your auto repair shop: stagflation. With inflation staying high and economic growth slowing, what does this mean for your business? Should you be concerned about a recession, and how can you prepare? Hunt breaks it all down with real-world insights and historical comparisons to the 1970s economic crisis.🔹 What You’ll Learn in This Episode:What stagflation is and why it matters now.How inflation is outpacing...
2025-03-2030 min
Remarkable Results Radio PodcastStagflation: What is It? [E162] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into a major economic issue that could impact your auto repair shop: stagflation. With inflation staying high and economic growth slowing, what does this mean for your business? Should you be concerned about a recession, and how can you prepare? Hunt breaks it all down with real-world insights and historical comparisons to the 1970s economic crisis.🔹 What You’ll Learn in This Episode:What stagflation is and why it matters now.How inflation is outpacing wage growth and hurting the middle class.The...
2025-03-2030 min
Remarkable Results Radio PodcastProjections: Not Just a Bank Requirement [E161] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the world of financial projections—what they are, why they matter, and how to build a solid financial story that banks will take seriously. Whether you’re looking to secure a loan, expand your shop, or simply set better financial goals, this episode will help you navigate the process with confidence.Key Takeaways:The biggest mistake shop owners make when creating financial projections.Why your story matters more than the numbers when pitching a loan re...
2025-03-1329 minBusiness By The NumbersProjections: Not Just a Bank Requirement [E161]Thanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the world of financial projections—what they are, why they matter, and how to build a solid financial story that banks will take seriously. Whether you’re looking to secure a loan, expand your shop, or simply set better financial goals, this episode will help you navigate the process with confidence.Key Takeaways:The biggest mistake shop owners make when creating financial projections.Why your story matters more than the numbers when pitching a loan re...
2025-03-1329 min
Remarkable Results Radio PodcastProjections: Not Just a Bank Requirement [E161] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the world of financial projections—what they are, why they matter, and how to build a solid financial story that banks will take seriously. Whether you’re looking to secure a loan, expand your shop, or simply set better financial goals, this episode will help you navigate the process with confidence.Key Takeaways:The biggest mistake shop owners make when creating financial projections.Why your story matters more than the numbers when pitching a loan request to a bank.The three key...
2025-03-1329 min
Remarkable Results Radio PodcastMarket Update: BOI Reports, Interest Rates, and More [E160] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveThis week on Business by the Numbers, Hunt Demarest, CPA with Paar Melis and Associates, breaks down the latest market news and legislative updates that directly impact auto repair shop owners. From the return of the BOI (Beneficial Ownership Information) report to evolving tax policy discussions and IRS processing delays, Hunt provides a no-nonsense analysis of what’s happening and how it could affect your business.In This Episode, You'll Learn:✔️ The BOI Report is back—what it is, why it matters, and the March 21st deadline you can’t ignore.✔️ Trump’s tax proposals—wh...
2025-03-0623 min
Remarkable Results Radio PodcastMarket Update: BOI Reports, Interest Rates, and More [E160] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveThis week on Business by the Numbers, Hunt Demarest, CPA with Paar Melis and Associates, breaks down the latest market news and legislative updates that directly impact auto repair shop owners. From the return of the BOI (Beneficial Ownership Information) report to evolving tax policy discussions and IRS processing delays, Hunt provides a no-nonsense analysis of what’s happening and how it could affect your business.In This Episode, You'll Learn:✔️ The BOI Report is back—what it is, why it matters, and the March 21st deadl...
2025-03-0623 minBusiness By The NumbersMarket Update: BOI Reports, Interest Rates, and More [E160]Thanks to our partners, NAPA TRACS and PromotiveThis week on Business by the Numbers, Hunt Demarest, CPA with Paar Melis and Associates, breaks down the latest market news and legislative updates that directly impact auto repair shop owners. From the return of the BOI (Beneficial Ownership Information) report to evolving tax policy discussions and IRS processing delays, Hunt provides a no-nonsense analysis of what’s happening and how it could affect your business.In This Episode, You'll Learn:✔️ The BOI Report is back—what it is, why it matters, and the March 21st deadl...
2025-03-0623 min
Business By The NumbersCan I Afford to Close on Saturdays? [E159]Thanks to our partners, NAPA TRACS and PromotiveClosing your shop on Saturdays might sound like a risky move, but could it actually improve your business? In this episode of Business by the Numbers, Hunt Demarest, CPA, explores the real financial and operational impact of shutting down on Saturdays. Is it worth it? What factors should you consider before making the switch? Whether you're thinking about a 5-day workweek, reducing hours, or making strategic changes to your shop’s schedule, this episode is packed with insights to help you make an informed decision.Key Topics Co...
2025-02-2721 minRemarkable Results Radio PodcastCan I Afford to Close on Saturdays? [E159] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveClosing your shop on Saturdays might sound like a risky move, but could it actually improve your business? In this episode of Business by the Numbers, Hunt Demarest, CPA, explores the real financial and operational impact of shutting down on Saturdays. Is it worth it? What factors should you consider before making the switch? Whether you're thinking about a 5-day workweek, reducing hours, or making strategic changes to your shop’s schedule, this episode is packed with insights to help you make an informed decision.Key Topics Co...
2025-02-2721 min
Remarkable Results Radio PodcastCan I Afford to Close on Saturdays? [E159] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveClosing your shop on Saturdays might sound like a risky move, but could it actually improve your business? In this episode of Business by the Numbers, Hunt Demarest, CPA, explores the real financial and operational impact of shutting down on Saturdays. Is it worth it? What factors should you consider before making the switch? Whether you're thinking about a 5-day workweek, reducing hours, or making strategic changes to your shop’s schedule, this episode is packed with insights to help you make an informed decision.Key Topics Covered:✅ Why auto repair shops are movi...
2025-02-2721 min
Remarkable Results Radio PodcastIs My Shop Management Lying to Me? Fixing Tech Costs [E158] - Business By The NumbersHunt examines technician cost management within automotive repair shops shop management systems. He explores the issue of inaccurately reported labor costs, which frequently misrepresent the true financial health of the business. Hunt discusses the underlying reasons for this discrepancy, and how they calculate technician compensation. The episode talks to various methodologies that can be employed to rectify these inaccuracies, ensuring that shop owners possess a more precise understanding of their financial obligations. The objective of this episode is to empower our listener with actionable insights that can lead to improved profitability and operational efficiency in their businesses.Takeaways:The podcast...
2025-02-2026 min
Remarkable Results Radio PodcastIs My Shop Management Lying to Me? Fixing Tech Costs [E158] - Business By The NumbersHunt examines technician cost management within automotive repair shops shop management systems. He explores the issue of inaccurately reported labor costs, which frequently misrepresent the true financial health of the business. Hunt discusses the underlying reasons for this discrepancy, and how they calculate technician compensation. The episode talks to various methodologies that can be employed to rectify these inaccuracies, ensuring that shop owners possess a more precise understanding of their financial obligations. The objective of this episode is to empower our listener with actionable insights that can lead to improved profitability and operational efficiency in...
2025-02-2026 minBusiness By The NumbersIs My Shop Management Lying to Me? Fixing Tech Costs [E158]Hunt examines technician cost management within automotive repair shops shop management systems. He explores the issue of inaccurately reported labor costs, which frequently misrepresent the true financial health of the business. Hunt discusses the underlying reasons for this discrepancy, and how they calculate technician compensation. The episode talks to various methodologies that can be employed to rectify these inaccuracies, ensuring that shop owners possess a more precise understanding of their financial obligations. The objective of this episode is to empower our listener with actionable insights that can lead to improved profitability and operational efficiency in...
2025-02-2026 min
Remarkable Results Radio PodcastAm I An Overpaid Employee? [E157] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveAre you truly a business owner, or just a well-paid employee? In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the critical distinction between running a business and simply working a high-paying job within your shop. Learn how to measure your hourly rate, assess your true profitability, and make strategic moves to improve your bottom line while working less.Key Takeaways:The difference between being a business owner vs. an overpaid employeeHow to calculate your true hourly rate (and why it matters)The role of profit in determining business...
2025-02-1320 min
Remarkable Results Radio PodcastAm I An Overpaid Employee? [E157] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveAre you truly a business owner, or just a well-paid employee? In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the critical distinction between running a business and simply working a high-paying job within your shop. Learn how to measure your hourly rate, assess your true profitability, and make strategic moves to improve your bottom line while working less.Key Takeaways:The difference between being a business owner vs. an overpaid employeeHow to calculate your true hourly rate (and why it matters...
2025-02-1320 minBusiness By The NumbersAm I An Overpaid Employee? [E157]Thanks to our partners, NAPA TRACS and PromotiveAre you truly a business owner, or just a well-paid employee? In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the critical distinction between running a business and simply working a high-paying job within your shop. Learn how to measure your hourly rate, assess your true profitability, and make strategic moves to improve your bottom line while working less.Key Takeaways:The difference between being a business owner vs. an overpaid employeeHow to calculate your true hourly rate (and why it matters...
2025-02-1320 min
Remarkable Results Radio PodcastTo Lease or Not to Lease: Buying Versus Leasing Decisions [E156] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to another episode of Business by the Numbers, hosted by Hunt Demarest, CPA, with Paar Melis & Associates. This week, we're diving into the pros and cons of leasing versus buying vehicles and equipment, covering critical tax implications and cash flow considerations. Whether you're eyeing a new luxury SUV or financing essential shop equipment, this episode breaks down the factors that influence your financial decisions.Key Points:Leasing vs. Buying: Understand the key differences, from cash flow management to tax deductions, when deciding whether to lease or purchase vehicles or equipment.Tax Implications...
2025-02-0624 min
Remarkable Results Radio PodcastTo Lease or Not to Lease: Buying Versus Leasing Decisions [E156] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to another episode of Business by the Numbers, hosted by Hunt Demarest, CPA, with Paar Melis & Associates. This week, we're diving into the pros and cons of leasing versus buying vehicles and equipment, covering critical tax implications and cash flow considerations. Whether you're eyeing a new luxury SUV or financing essential shop equipment, this episode breaks down the factors that influence your financial decisions.Key Points:Leasing vs. Buying: Understand the key differences, from cash flow management to tax deductions, when deciding whether to lease...
2025-02-0624 minBusiness By The NumbersTo Lease or Not to Lease: Buying Versus Leasing Decisions [E156]Thanks to our partners, NAPA TRACS and PromotiveWelcome to another episode of Business by the Numbers, hosted by Hunt Demarest, CPA, with Paar Melis & Associates. This week, we're diving into the pros and cons of leasing versus buying vehicles and equipment, covering critical tax implications and cash flow considerations. Whether you're eyeing a new luxury SUV or financing essential shop equipment, this episode breaks down the factors that influence your financial decisions.Key Points:Leasing vs. Buying: Understand the key differences, from cash flow management to tax deductions, when deciding whether to lease...
2025-02-0624 min
Remarkable Results Radio PodcastStart Simple: A Practical Approach to Implementing Digital Vehicle Inspections (DVI) [THA 418]Thanks to our Partners, NAPA TRACS, and Today's Class This episode covers the practical benefits of digital vehicle inspections (DVIs) for shop owners. Learn how DVIs can boost Average Repair Orders (ARO) and improve customer communication. Industry professionals share real-world insights on overcoming cultural resistance, the role of leadership, and strategies for successful implementation. Plus, explore how AI enhances inspection reports and processes. Whether you're new to DVIs or looking to optimize, this episode is packed with actionable tips to help your shop thrive. Ben Dexter, National Training Manager, NAPA TRACS Chris Cloutier, Golden Rule Auto Care and CEO of Aut...
2025-01-3145 min
Remarkable Results Radio PodcastStart Simple: A Practical Approach to Implementing Digital Vehicle Inspections (DVI) [THA 418]Thanks to our Partners, NAPA TRACS, and Today's Class
This episode covers the practical benefits of digital vehicle inspections (DVIs) for shop owners. Learn how DVIs can boost Average Repair Orders (ARO) and improve customer communication. Industry professionals share real-world insights on overcoming cultural resistance, the role of leadership, and strategies for successful implementation. Plus, explore how AI enhances inspection reports and processes. Whether you're new to DVIs or looking to optimize, this episode is packed with actionable tips to help your shop thrive.
Ben Dexter, National Training Manager, NAPA TRACS
Chris Cloutier, Golden Rule Auto Care and CEO of Aut...
2025-01-3145 min
Remarkable Results Radio PodcastExecutive Orders - Taxes and IRS Updates - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to this episode of Business by the Numbers! Host Hunt Demarest, CPA, explores the recent IRS developments and what they mean for business owners, taxpayers, and accountants alike. With executive orders, funding cuts, and shifting policies, there's plenty to unpack about the future of the IRS and tax compliance.Key Takeaways:IRS Funding Cuts: The Inflation Reduction Act promised $80 billion for the IRS, but political maneuvering and budget cuts have significantly reduced this allocation.Commissioner Resignation: The departure of the IRS commissioner raises questions about future agency direction and efficiency.Audit Frequency...
2025-01-3029 min
Remarkable Results Radio PodcastExecutive Orders - Taxes and IRS Updates [E155] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to this episode of Business by the Numbers! Host Hunt Demarest, CPA, explores the recent IRS developments and what they mean for business owners, taxpayers, and accountants alike. With executive orders, funding cuts, and shifting policies, there's plenty to unpack about the future of the IRS and tax compliance.Key Takeaways:IRS Funding Cuts: The Inflation Reduction Act promised $80 billion for the IRS, but political maneuvering and budget cuts have significantly reduced this allocation.Commissioner Resignation: The departure of the IRS commissioner raises questions about...
2025-01-3029 minBusiness By The NumbersExecutive Orders - Taxes and IRS Updates [E155]Thanks to our partners, NAPA TRACS and PromotiveWelcome to this episode of Business by the Numbers! Host Hunt Demarest, CPA, explores the recent IRS developments and what they mean for business owners, taxpayers, and accountants alike. With executive orders, funding cuts, and shifting policies, there's plenty to unpack about the future of the IRS and tax compliance.Key Takeaways:IRS Funding Cuts: The Inflation Reduction Act promised $80 billion for the IRS, but political maneuvering and budget cuts have significantly reduced this allocation.Commissioner Resignation: The departure of the IRS commissioner raises questions about...
2025-01-3029 min
Remarkable Results Radio PodcastHow To Trigger An Audit [E154] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to this week’s episode of Business by the Numbers with Hunt Demarest, CPA. Today, we’re taking a deep dive into how certain actions or oversights could put you at risk for an IRS audit. By understanding these triggers, you can better safeguard your financial health and avoid unnecessary complications.Learn about common mistakes like underreporting income and how they can put you on the IRS’s radar.Discover how gambling winnings and losses can attract scrutiny.Explore why industries like art, wine, and horses often face extra attention from the IRS.Un...
2025-01-2323 min
Remarkable Results Radio PodcastHow To Trigger An Audit [E154] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveWelcome to this week’s episode of Business by the Numbers with Hunt Demarest, CPA. Today, we’re taking a deep dive into how certain actions or oversights could put you at risk for an IRS audit. By understanding these triggers, you can better safeguard your financial health and avoid unnecessary complications.Learn about common mistakes like underreporting income and how they can put you on the IRS’s radar.Discover how gambling winnings and losses can attract scrutiny.Explore why industries like art, wine, and horses often face e...
2025-01-2323 minBusiness By The NumbersHow To Trigger An Audit [E154]Thanks to our partners, NAPA TRACS and PromotiveWelcome to this week’s episode of Business by the Numbers with Hunt Demarest, CPA. Today, we’re taking a deep dive into how certain actions or oversights could put you at risk for an IRS audit. By understanding these triggers, you can better safeguard your financial health and avoid unnecessary complications.Learn about common mistakes like underreporting income and how they can put you on the IRS’s radar.Discover how gambling winnings and losses can attract scrutiny.Explore why industries like art, wine, and horses often face e...
2025-01-2323 min
Remarkable Results Radio PodcastShould I Use Profit First? [E153] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveManaging your cash flow can feel overwhelming, but the Profit First system offers a fresh approach to organizing your finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the pros, cons, and practical applications of Profit First for auto repair shops. Whether you’re new to the system or looking to refine your cash management strategy, this episode is packed with actionable insights.Key Takeaways:What is Profit First? Learn the basic framework of allocating revenue into multiple bank accounts to better manage cash flow.Benefits of Profit Fi...
2025-01-1626 min
Business By The NumbersShould I Use Profit First? [E153]Thanks to our partners, NAPA TRACS and PromotiveManaging your cash flow can feel overwhelming, but the Profit First system offers a fresh approach to organizing your finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the pros, cons, and practical applications of Profit First for auto repair shops. Whether you’re new to the system or looking to refine your cash management strategy, this episode is packed with actionable insights.Key Takeaways:What is Profit First? Learn the basic framework of allocating revenue into multiple bank accounts to be...
2025-01-1626 minRemarkable Results Radio PodcastShould I Use Profit First? [E153] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveManaging your cash flow can feel overwhelming, but the Profit First system offers a fresh approach to organizing your finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the pros, cons, and practical applications of Profit First for auto repair shops. Whether you’re new to the system or looking to refine your cash management strategy, this episode is packed with actionable insights.Key Takeaways:What is Profit First? Learn the basic framework of allocating revenue into multiple bank accounts to be...
2025-01-1626 min
Business By The NumbersSetting Goals for Success in 2025 [E152]Thanks to our partners, NAPA TRACS and PromotiveSetting the right goals for your auto repair shop can make or break your business's success. In this episode of Business by the Numbers, Hunt breaks down the critical differences between sales goals and profit goals, and why efficiency is key. Learn actionable strategies to align your team's targets with your financial objectives for a successful 2025.Why setting profit goals is more important than focusing on sales goals.How to calculate labor and sales targets that align with your desired profit.Strategies for increasing efficiency without overwhelming your...
2025-01-0936 minRemarkable Results Radio PodcastSetting Goals for Success in 2025 [E152] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveSetting the right goals for your auto repair shop can make or break your business's success. In this episode of Business by the Numbers, Hunt breaks down the critical differences between sales goals and profit goals, and why efficiency is key. Learn actionable strategies to align your team's targets with your financial objectives for a successful 2025.Why setting profit goals is more important than focusing on sales goals.How to calculate labor and sales targets that align with your desired profit.Strategies for increasing efficiency without overwhelming your...
2025-01-0936 min
Remarkable Results Radio PodcastSetting Goals for Success in 2025 [E152] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveSetting the right goals for your auto repair shop can make or break your business's success. In this episode of Business by the Numbers, Hunt breaks down the critical differences between sales goals and profit goals, and why efficiency is key. Learn actionable strategies to align your team's targets with your financial objectives for a successful 2025.Why setting profit goals is more important than focusing on sales goals.How to calculate labor and sales targets that align with your desired profit.Strategies for increasing efficiency without overwhelming your team.The importance of understanding...
2025-01-0936 min
Remarkable Results Radio PodcastHelp! I Need Cash! [E151] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveRunning low on cash? Before panic sets in, it’s time to get strategic. In this episode of Business by the Numbers, Hunt explores practical steps to manage cash flow challenges, cut expenses wisely, and secure financing without sinking your business. Learn what options are available and how to make informed decisions to keep your shop running smoothly.Understand the root causes of cash flow issues to avoid repeating mistakes.Learn why preserving cash strategically is more effective than slashing every expense.Discover how to leverage credit lines, loans, and alternative financing options sa...
2025-01-0226 min
Remarkable Results Radio PodcastHelp! I Need Cash! [E151] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveRunning low on cash? Before panic sets in, it’s time to get strategic. In this episode of Business by the Numbers, Hunt explores practical steps to manage cash flow challenges, cut expenses wisely, and secure financing without sinking your business. Learn what options are available and how to make informed decisions to keep your shop running smoothly.Understand the root causes of cash flow issues to avoid repeating mistakes.Learn why preserving cash strategically is more effective than slashing every expense.Discover how to leverage credit lines, lo...
2025-01-0226 minBusiness By The NumbersHelp! I Need Cash! [E151]Thanks to our partners, NAPA TRACS and PromotiveRunning low on cash? Before panic sets in, it’s time to get strategic. In this episode of Business by the Numbers, Hunt explores practical steps to manage cash flow challenges, cut expenses wisely, and secure financing without sinking your business. Learn what options are available and how to make informed decisions to keep your shop running smoothly.Understand the root causes of cash flow issues to avoid repeating mistakes.Learn why preserving cash strategically is more effective than slashing every expense.Discover how to leverage credit lines, lo...
2025-01-0226 min
Remarkable Results Radio PodcastMaintaining Proper Reserves [E150] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveThe holiday season can make or break your cash reserves, especially for auto shop owners juggling finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, breaks down the art of cash management for small businesses. Learn actionable strategies to protect your reserves and avoid the pitfalls of cashflow mismanagement.Understanding what "cash reserves" truly mean for your business.Setting the ideal reserve amount: three to six months of operating expenses.The dangers of draining your business for personal finances and how to avoid it.Why keeping too much cash in...
2024-12-2624 min
Remarkable Results Radio PodcastMaintaining Proper Reserves [E150] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveThe holiday season can make or break your cash reserves, especially for auto shop owners juggling finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, breaks down the art of cash management for small businesses. Learn actionable strategies to protect your reserves and avoid the pitfalls of cashflow mismanagement.Understanding what "cash reserves" truly mean for your business.Setting the ideal reserve amount: three to six months of operating expenses.The dangers of draining your business for personal finances and how to avoid it.Why...
2024-12-2624 minBusiness By The NumbersMaintaining Proper Reserves [E150]Thanks to our partners, NAPA TRACS and PromotiveThe holiday season can make or break your cash reserves, especially for auto shop owners juggling finances. In this episode of Business by the Numbers, Hunt Demarest, CPA, breaks down the art of cash management for small businesses. Learn actionable strategies to protect your reserves and avoid the pitfalls of cashflow mismanagement.Understanding what "cash reserves" truly mean for your business.Setting the ideal reserve amount: three to six months of operating expenses.The dangers of draining your business for personal finances and how to avoid it.Why...
2024-12-2624 min
Remarkable Results Radio PodcastThe Handbook for Self-Rentals: Fair Market and Taxes [E149] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveThanks to our partners, NAPA TRACS and PromotiveDid 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.comThanks to our partner, PromotiveIt’s time to hire a superstar for your business; what a grind you...
2024-12-1922 min
Remarkable Results Radio PodcastThe Handbook for Self-Rentals: Fair Market and Taxes [E149] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt dives into the critical topic of self-rentals for shop owners. Whether you’re already renting your property to your business or just considering it, Hunt explains why paying yourself rent the right way protects your assets, ensures compliance, and preserves your business’s value.Learn why legal protection through a rental LLC is non-negotiable.Discover how to calculate fair market rent and why it matters.Avoid common pitfalls that could devalue your business when it’s time to sell.The ro...
2024-12-1922 minBusiness By The NumbersThe Handbook for Self-Rentals: Fair Market and Taxes [E149]Thanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt dives into the critical topic of self-rentals for shop owners. Whether you’re already renting your property to your business or just considering it, Hunt explains why paying yourself rent the right way protects your assets, ensures compliance, and preserves your business’s value.Learn why legal protection through a rental LLC is non-negotiable.Discover how to calculate fair market rent and why it matters.Avoid common pitfalls that could devalue your business when it’s time to sell.The ro...
2024-12-1922 min
Remarkable Results Radio PodcastEnd of 2024 Update: Interest Rates, ERTC, BOI Reporting & More [E148] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveEnd-of-year chaos is here, and Hunt’s been busy diving into webinars, questions, and updates on some big topics like the BOI report, interest rates, and the infamous Employee Retention Tax Credit (ERTC). In this episode, Hunt breaks down what’s happening, what you need to know, and what you should (or shouldn’t) do before heading into 2024.Here’s What You’ll Learn in This Episode:BOI Report (Beneficial Ownership Information): This rule was meant to track down shady business practices, but now it’s tangled in l...
2024-12-1222 minBusiness By The NumbersEnd of 2024 Update: Interest Rates, ERTC, BOI Reporting & More [E148]Thanks to our partners, NAPA TRACS and PromotiveEnd-of-year chaos is here, and Hunt’s been busy diving into webinars, questions, and updates on some big topics like the BOI report, interest rates, and the infamous Employee Retention Tax Credit (ERTC). In this episode, Hunt breaks down what’s happening, what you need to know, and what you should (or shouldn’t) do before heading into 2024.Here’s What You’ll Learn in This Episode:BOI Report (Beneficial Ownership Information): This rule was meant to track down shady business practices, but now it’s tangled in l...
2024-12-1222 min
Remarkable Results Radio PodcastEnd of 2024 Update: Interest Rates, ERTC, BOI Reporting & More [E148] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveEnd-of-year chaos is here, and Hunt’s been busy diving into webinars, questions, and updates on some big topics like the BOI report, interest rates, and the infamous Employee Retention Tax Credit (ERTC). In this episode, Hunt breaks down what’s happening, what you need to know, and what you should (or shouldn’t) do before heading into 2024.Here’s What You’ll Learn in This Episode:BOI Report (Beneficial Ownership Information): This rule was meant to track down shady business practices, but now it’s tangled in legal challenges and paused—for now. Already f...
2024-12-1222 min
Remarkable Results Radio PodcastForecasting: How To Set Goals for 2025 and Beyond [E147] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveJoin Hunt Demarest, CPA from Paar Melis and Associates, as he dives into one of the most crucial aspects of financial planning for your business—forecasting for the year ahead. Whether you're setting your business goals or analyzing key performance metrics, Hunt provides actionable insights to help you simplify and strengthen your forecasting process.In this episode, you’ll learn: Why forecasting is essential for your business's growth and performance. Simple steps to start forecasting—even if you’ve never done it before. Tips on analyzing your current business performance to set realistic goals fo...
2024-12-0523 min
Remarkable Results Radio PodcastForecasting: How To Set Goals for 2025 and Beyond [E147] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveJoin Hunt Demarest, CPA from Paar Melis and Associates, as he dives into one of the most crucial aspects of financial planning for your business—forecasting for the year ahead. Whether you're setting your business goals or analyzing key performance metrics, Hunt provides actionable insights to help you simplify and strengthen your forecasting process.In this episode, you’ll learn: Why forecasting is essential for your business's growth and performance. Simple steps to start forecasting—even if you’ve never done it before. Tips on analyzing your cur...
2024-12-0523 minBusiness By The NumbersForecasting: How To Set Goals for 2025 and Beyond [E147]Thanks to our partners, NAPA TRACS and PromotiveJoin Hunt Demarest, CPA from Paar Melis and Associates, as he dives into one of the most crucial aspects of financial planning for your business—forecasting for the year ahead. Whether you're setting your business goals or analyzing key performance metrics, Hunt provides actionable insights to help you simplify and strengthen your forecasting process.In this episode, you’ll learn: Why forecasting is essential for your business's growth and performance. Simple steps to start forecasting—even if you’ve never done it before. Tips on analyzing your cur...
2024-12-0523 min
Remarkable Results Radio PodcastHow Much Can I Put in My Retirement? How Much Should I? [E145] - Business By The NumbersThanks to our partners, NAPA TRACS and Promotive.End-of-year tax planning is in full swing, and retirement accounts are a key piece of the puzzle. In this episode of Business by the Numbers, Hunt Demarest breaks down IRAs, Simple IRAs, and 401(k)s to help you understand how to maximize savings and minimize taxes. Get actionable tips and insights to make the most of your retirement planning before the year ends.-The differences between Traditional IRAs, Roth IRAs, Simple IRAs, and 401(k)s.-Tax-saving benefits of contributing to retirement accounts before the end of the year.Insights into contribution limits...
2024-11-2124 min
Business By The NumbersHow Much Can I Put in My Retirement? How Much Should I? [E145]Thanks to our partners, NAPA TRACS and Promotive.End-of-year tax planning is in full swing, and retirement accounts are a key piece of the puzzle. In this episode of Business by the Numbers, Hunt Demarest breaks down IRAs, Simple IRAs, and 401(k)s to help you understand how to maximize savings and minimize taxes. Get actionable tips and insights to make the most of your retirement planning before the year ends.-The differences between Traditional IRAs, Roth IRAs, Simple IRAs, and 401(k)s.-Tax-saving benefits of contributing to retirement accounts before the end...
2024-11-2124 minRemarkable Results Radio PodcastHow Much Can I Put in My Retirement? How Much Should I? [E145] - Business By The NumbersThanks to our partners, NAPA TRACS and Promotive.End-of-year tax planning is in full swing, and retirement accounts are a key piece of the puzzle. In this episode of Business by the Numbers, Hunt Demarest breaks down IRAs, Simple IRAs, and 401(k)s to help you understand how to maximize savings and minimize taxes. Get actionable tips and insights to make the most of your retirement planning before the year ends.-The differences between Traditional IRAs, Roth IRAs, Simple IRAs, and 401(k)s.-Tax-saving benefits of contributing to retirement accounts before the end...
2024-11-2124 min
Remarkable Results Radio PodcastHow Much Should I Pay Myself? [E144] - Business By The NumbersThanks to our partners, NAPA TRACS, and PromotiveA critical topic for business owners: how much you should pay yourself as an S-corporation owner. This episode clears up common misconceptions around payroll, distributions, and tax savings strategies. Whether you're a small business owner or a shop manager, understanding these financial nuances is crucial for maintaining profitability and compliance.Key Points:- Clarification of the S-corporation owner's dual roles as an employee and business owner, and their impact on financial strategy.- Differences between payroll and distributions and how they affect tax liabilities.- Why overpaying yourself in wages does not save...
2024-11-1420 min
Business By The NumbersHow Much Should I Pay Myself? [E144]Thanks to our partners, NAPA TRACS, and PromotiveA critical topic for business owners: how much you should pay yourself as an S-corporation owner. This episode clears up common misconceptions around payroll, distributions, and tax savings strategies. Whether you're a small business owner or a shop manager, understanding these financial nuances is crucial for maintaining profitability and compliance.Key Points:- Clarification of the S-corporation owner's dual roles as an employee and business owner, and their impact on financial strategy.- Differences between payroll and distributions and how they affect tax...
2024-11-1420 minRemarkable Results Radio PodcastHow Much Should I Pay Myself? [E144] - Business By The NumbersThanks to our partners, NAPA TRACS, and PromotiveA critical topic for business owners: how much you should pay yourself as an S-corporation owner. This episode clears up common misconceptions around payroll, distributions, and tax savings strategies. Whether you're a small business owner or a shop manager, understanding these financial nuances is crucial for maintaining profitability and compliance.Key Points:- Clarification of the S-corporation owner's dual roles as an employee and business owner, and their impact on financial strategy.- Differences between payroll and distributions and how they affect tax...
2024-11-1420 min
Remarkable Results Radio PodcastLegal Advice From a CPA [E143] - Business By The NumbersThanks to our partner, NAPA TRACS In this episode, Hunt Demarest, CPA of Paar Melis and Associates, explores legal advice that CPAs often encounter, even though it's traditionally outside of their scope. From his personal experience with a rental property in Baltimore, Hunt dives into the importance of structuring real estate and business assets for liability protection. Here’s what you'll learn:Why CPAs sometimes need to give "legal advice" (and the inherent risks)How an LLC can provide a layer of legal protection for real estate investmentsKey steps to verify if your property is protected as...
2024-11-0729 minBusiness By The NumbersLegal Advice From a CPA [E143]Thanks to our partner, NAPA TRACS In this episode, Hunt Demarest, CPA of Paar Melis and Associates, explores legal advice that CPAs often encounter, even though it's traditionally outside of their scope. From his personal experience with a rental property in Baltimore, Hunt dives into the importance of structuring real estate and business assets for liability protection. Here’s what you'll learn:Why CPAs sometimes need to give "legal advice" (and the inherent risks)How an LLC can provide a layer of legal protection for real estate investmentsKey steps to verify if your property is protected as...
2024-11-0729 min
Business By The NumbersEffective Labor Rate [E128]Thanks to our partners, NAPA TRACS and PromotiveToday,Hunt explores how to understand and improve your effective labor rate, one of the most important aspects of running a profitable auto repair shop.Understanding Effective Labor Rate: Learn the difference between street rate and effective labor rate, and why focusing on the latter is essential.Oil Change Example: Hunt breaks down an example using oil changes to explain how effective labor rate impacts profitability.Comparison of Two Shops: Explore a real-world comparison of two similar shops with different labor rates and see which one...
2024-07-2519 minRemarkable Results Radio PodcastEffective Labor Rate [E128] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveToday,Hunt explores how to understand and improve your effective labor rate, one of the most important aspects of running a profitable auto repair shop.Understanding Effective Labor Rate: Learn the difference between street rate and effective labor rate, and why focusing on the latter is essential.Oil Change Example: Hunt breaks down an example using oil changes to explain how effective labor rate impacts profitability.Comparison of Two Shops: Explore a real-world comparison of two similar shops with different labor rates and see which one...
2024-07-2519 min
Remarkable Results Radio PodcastEffective Labor Rate [E128] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveToday,Hunt explores how to understand and improve your effective labor rate, one of the most important aspects of running a profitable auto repair shop.Understanding Effective Labor Rate: Learn the difference between street rate and effective labor rate, and why focusing on the latter is essential.Oil Change Example: Hunt breaks down an example using oil changes to explain how effective labor rate impacts profitability.Comparison of Two Shops: Explore a real-world comparison of two similar shops with different labor rates and see which one is more profitable.Actionable Insights: Get practical...
2024-07-2519 min
Business By The NumbersDaily Weekly Monthly Yearly : When and What should I be Looking for on My Financials? [E127]Thanks to our partners, NAPA TRACS and PromotiveIn this episode, Hunt Demarest, CPA with Paar Melis & Associates, discusses the importance of regularly analyzing your financials. Learn how to effectively use daily and monthly reviews to drive your shop’s profitability and productivity.Key Takeaways:Daily Reviews: Focus on productivity using shop management software.Monthly Reviews: Focus on profitability using financial statements.Key Metrics: Track productivity, profitability, and parts gross profit.Scientific Approach: Identify problems, hypothesize solutions, test, and analyze outcomes.Thanks to our partners, NAPA TRACS and PromotiveDi...
2024-07-1828 minRemarkable Results Radio PodcastDaily Weekly Monthly Yearly : When and What should I be Looking for on My Financials? [E127] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode, Hunt Demarest, CPA with Paar Melis & Associates, discusses the importance of regularly analyzing your financials. Learn how to effectively use daily and monthly reviews to drive your shop’s profitability and productivity.Key Takeaways:Daily Reviews: Focus on productivity using shop management software.Monthly Reviews: Focus on profitability using financial statements.Key Metrics: Track productivity, profitability, and parts gross profit.Scientific Approach: Identify problems, hypothesize solutions, test, and analyze outcomes.Thanks to our partners, NAPA TRACS and PromotiveDi...
2024-07-1828 min
Remarkable Results Radio PodcastDaily Weekly Monthly Yearly : When and What should I be Looking for on My Financials? [E127] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode, Hunt Demarest, CPA with Paar Melis & Associates, discusses the importance of regularly analyzing your financials. Learn how to effectively use daily and monthly reviews to drive your shop’s profitability and productivity.Key Takeaways:Daily Reviews: Focus on productivity using shop management software.Monthly Reviews: Focus on profitability using financial statements.Key Metrics: Track productivity, profitability, and parts gross profit.Scientific Approach: Identify problems, hypothesize solutions, test, and analyze outcomes.Thanks to our partners, NAPA TRACS and PromotiveDid you know that NAPA TRACS has onsite training plus six days a we...
2024-07-1829 min
Business By The NumbersRent or Buy: Can I Afford to be my Own Landlord? [E126]Thanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt explores the benefits and considerations of owning your auto shop's real estate. Learn about financing options, affordability, and real-life examples to help you make an informed decision.-Understand different financing options for purchasing real estate.-Assess your shop's ability to afford property ownership.-Learn the long-term benefits of owning your business premises.-Real-life examples to illustrate key points.Thanks to our partners, NAPA TRACS and PromotiveDi...
2024-07-1127 minRemarkable Results Radio PodcastRent or Buy: Can I Afford to be my Own Landlord? [E126] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt explores the benefits and considerations of owning your auto shop's real estate. Learn about financing options, affordability, and real-life examples to help you make an informed decision.-Understand different financing options for purchasing real estate.-Assess your shop's ability to afford property ownership.-Learn the long-term benefits of owning your business premises.-Real-life examples to illustrate key points.Thanks to our partners, NAPA TRACS and PromotiveDi...
2024-07-1127 min
Remarkable Results Radio PodcastRent or Buy: Can I Afford to be my Own Landlord? [E126] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt explores the benefits and considerations of owning your auto shop's real estate. Learn about financing options, affordability, and real-life examples to help you make an informed decision.-Understand different financing options for purchasing real estate.-Assess your shop's ability to afford property ownership.-Learn the long-term benefits of owning your business premises.-Real-life examples to illustrate key points.Thanks to our partners, NAPA TRACS and PromotiveDid you know that NAPA TRACS has onsite training plus six days a week support?It all starts when a...
2024-07-1127 min
Business By The NumbersProfit vs. Cash Flow: Common Issues & Solutions [E125]Thanks to our partners, NAPA TRACS and PromotiveIn this episode, Hunt explores the crucial difference between profit and cash flow. Learn why your high profits don't always translate into more cash in the bank and how to better manage your shop's finances.Difference Between Profit and Cash Flow: Understanding why profit and cash flow are not the same and how this affects your financial planning.Accounts Receivable Impact: How the timing of your transactions can create a lag between recording a profit and actually seeing the cash.Managing Inventory: The effects of inventory purchases on...
2024-07-0433 min
Remarkable Results Radio PodcastProfit vs. Cash Flow: Common Issues & Solutions [E125] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveIn this episode, Hunt explores the crucial difference between profit and cash flow. Learn why your high profits don't always translate into more cash in the bank and how to better manage your shop's finances.Difference Between Profit and Cash Flow: Understanding why profit and cash flow are not the same and how this affects your financial planning.Accounts Receivable Impact: How the timing of your transactions can create a lag between recording a profit and actually seeing the cash.Managing Inventory: The effects of inventory purchases on your cash flow and strategies...
2024-07-0433 min
Business By The NumbersMailbox - Self Rentals, S-Corps and Sales Tax [E124]Thanks to our partners, NAPA TRACS and PromotiveMore listener questions answered! This week is all about S Corporation tax benefits, determining fair market rent when renting property to yourself, and the details of sales tax on internal transactions. Optimize your tax strategy and enhance your business operations.• Understanding the advantages and state-specific impacts of transitioning to an S Corporation.• The importance of charging fair market rent to avoid future complications when selling your business.• Clarifying the difference between sales tax and use tax for internal transactions and ensuring compliance.• Re...
2024-06-2736 min
Remarkable Results Radio PodcastMailbox - Self Rentals, S-Corps and Sales Tax [E124] - Business By The NumbersThanks to our partners, NAPA TRACS and PromotiveMore listener questions answered! This week is all about S Corporation tax benefits, determining fair market rent when renting property to yourself, and the details of sales tax on internal transactions. Optimize your tax strategy and enhance your business operations.•Understanding the advantages and state-specific impacts of transitioning to an S Corporation.•The importance of charging fair market rent to avoid future complications when selling your business.•Clarifying the difference between sales tax and use tax for internal transactions and ensuring compliance.•Real-life examples and answers to common tax planning and business structuring question...
2024-06-2736 min
2024-02-051h 29
Choses à Savoir TECHDevenir agent des services secrets français en une journée ?Connaissez-vous le concours intitulé TRACS ? Si oui, c'est que vous êtes probablement fan de James Bond et de tout ce qui se rapproche de près ou de loin aux agents secret. En effet, TRACS est une compétition de data science, de sécurité et de cryptanalyse organisée par ViaRézo (l'association réseau de l'école d'ingénieurs CentraleSupélec) et la DGSE (les services de renseignement français). Objectif : résoudre en équipe un maximum d'épreuves pour collecter des renseignements. Comme l'explique la DGSE, les épreuves proposées simulent le travail d'un agent et visent à déjouer les plans d'une...
2022-11-0701 min
Changing The Industry PodcastASOG Podcast LIVE from ASTE 2021 - NAPA TRACSDon't get to the end of this year wishing you had taken action to change your business and your life.Click here to schedule a free discovery call for your business: https://geni.us/IFORABEDon't miss an upcoming event with The Institute: https://geni.us/InstituteEvents2026Shop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.Click here to schedule a free demo: https://info.shop-ware.com/profitabilityTransform your shop's marketing with the best in the automotive industry, Shop Marketing Pros!...
2021-11-081h 16
Changing Higher EdThree Guests From The 2019 TRACS Conference | Changing Higher Ed 028TRACS Annual Meeting Learnings | Changing Higher Ed 028 Episode Summary The Transnational Association of Christian Colleges and Schools (TRACS), an accreditation body for Christian institutions of higher education, works with approximately 100 institutions. Founded in 1979, the organization is a voluntary non-profit self-governing body that promotes the welfare, interests and development of higher education institutions who have a distinctly Christian purpose. The TRACS Annual Meeting provides opportunities for networking and learning about best and emerging practices among the members. This podcast features the following individuals who attended the recent TRACS Conference: Ann Rill, Chief Academic...
2019-12-0235 min
2018-10-2607 min2018-05-0103 min2018-03-0102 minIntroduction to TracsEpisode 1Bootcamps • Lifestyle changes for Life • Calorie deficit diets • The Exception to Calorie Deficit Diets
2018-02-2107 min2018-02-2101 min2018-02-2002 min2018-02-1805 min