Paar Melis Blog.
How Paying Yourself Rent Can Protect Your Auto Shop and Boost Your Business Value
As an auto shop owner, you likely spend your days focusing on your customers and running a smooth operation. But what about your property? …
End-of-Year Updates Every Auto Shop Owner Should Know
As the year winds down, it’s time to take stock of some important updates that could impact your auto repair shop. In episode 148 …
Forecasting Business Goals for 2025: A Step-By-Step Guide for the Automotive Industry
Setting ambitious yet achievable goals is like tuning up an engine—it ensures everything runs smoothly. For automotive industry entrepreneurs (aka Shop Owners), forecasting long-term …
Cash vs. Accrual Accounting for Small Businesses and Automotive Shop Owners
Running an automotive repair shop is no small feat—amid managing inventory, satisfying customers, and growing your business, financial management often becomes an afterthought. But …
Maximize Your Tax Savings with Smart Retirement Planning
Retirement planning is one of the most effective ways to save on taxes while securing your financial future. As the end of the year …
How to Pay Yourself as an S-Corp Owner: Strategies for Minimizing Tax and Maximizing Profit
Paying yourself as an S-corp owner might seem straightforward—just cut yourself a paycheck, right? In reality, it’s a delicate balancing act that could impact …
Why Automotive Shops Should Use an Industry-Specific Accountant
Running a successful automotive repair shop is no walk in the park. From managing employees, ordering parts, and scheduling repairs to keeping customers happy, …
Using an LLC for Legal Protection: Tips from a CPA
Running a successful business involves more than balancing the books. Legal protection, especially for real estate or significant assets, is essential for minimizing risk …
An Auto Shop Owner, An Auto Shop Coach and a CPA walk into a bar… and talk shop.
Buying an auto shop comes with unique challenges, and no one understands this better than Chris Cotton, the owner of Firestone of Durango and …
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