Paar Melis Blog.
A Tax Deduction Doesn’t Always Save You Money
Shop owners want to pay less in taxes. That’s understandable. But there’s a big difference between making a smart financial decision that also lowers …
Tax Planning Should Start Before Tax Season
If the first time you’re thinking about your tax bill is when your return is being prepared, you’re already late. A lot of shop …
Hiring a Great Technician Is Only Half the Battle
Finding technicians is tough. Keeping them may be even tougher. About 70% of people who take their first job in the automotive industry leave …
Your Break-Even Number Is More Than a Sales Goal
Most shop owners have a rough idea of how much they need to sell every month to keep the lights on. Maybe it’s $100,000. …
That Unpaid Invoice Could Be Messing With More Than Your Cash Flow
Every shop eventually runs into a customer who doesn’t pay. Maybe the invoice sits in accounts receivable for months. Maybe you know the money …
What Is Your Auto Repair Shop Really Worth?
Two shops can make almost the same profit and still sell for completely different amounts. One might get a nine-time multiple. Another might get three. So what’s the …
Why Most Auto Repair Shops Are Operating Below Their True CapacityÂ
Most shop owners know when something feels off. The bays are full, the team looks busy, and everyone seems to be working hard, but the numbers …
Are You Building Wealth or Just Making More Money?
A shop owner can make $800,000 a year and still struggle to retire. Another can make $150,000 and eventually have enough money, assets, and …
Thinking About Another LLC? Ask Yourself These Three Questions First
As your business grows, you’re probably going to find yourself asking the same question I hear all the time: “Should I create another LLC …
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