Should You Lease or Buy? A Practical Guide for Auto Shops
When running an auto repair shop, financial decisions like leasing versus buying vehicles and equipment can significantly impact your bottom line. As Hunt Demarest, ...
The IRS Funding Cuts and What They Mean for Businesses and Taxpayers
The IRS, already a controversial agency, has been thrust into the spotlight as funding cuts and leadership changes create uncertainty for businesses and taxpayers. ...
How to Avoid an IRS Audit: Insights from Business by the Numbers
Nobody wants an audit notice from the IRS. While audits are not entirely avoidable, understanding their triggers can significantly reduce your risk. In this ...
Why Auto Repair Shops Should Focus on Profit, Not Just Sales, in 2025
Sales targets can be misleading. While they measure growth, they don’t account for the true health of your business. As the new year approaches, ...
Strategic Solutions for Auto Shops Facing Cash Flow Challenges
Cash flow challenges can hit even the most successful auto shops, often leaving owners scrambling for solutions. Whether caused by unexpected expenses, slow customer ...
Mastering Cash Reserves: A Lifeline for Auto Shop Owners
Why Smart Cash Management is the Key to Your Shop’s Success As the holiday season winds down, many auto repair shop owners reflect on ...
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 ...