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Business By The Numbers

LSTN Media LLC
Retirement Planning
Taxation
Financial Advisor
Social Security
Auto Repair
Wealth Tax
Auto Repair Shops
Investing
Earnings Calculation
Profitability Metrics
Labor Rates
Shop Management
Real Estate Ownership
Personal Finance
Self-Employment
Financial Advisory
Employee Retention Tax Credit
Productivity
Auto Repair Industry
Interest Rates

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 owne... more

PublishesWeeklyEpisodes198Founded4 years ago
Number of ListenersCategories
BusinessEntrepreneurshipManagement

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Artwork for Business By The Numbers

Latest Episodes

Thanks to our partners Promotive and Wicked File

Thanks to our partner Promotive

It’s time to hire a superstar for your business; what a grind you have in front of you. Introducing Promotive, a full-service staffing solution for your shop. Promotiv... more

Thanks to our partners Promotive and Wicked File

What happens when a shop owner calls to say they’re going broke—only to discover they’re actually profitable on paper? The truth is, profit doesn’t always equal cashflow. And without cash, even the he... more

Thanks to our partners Promotive and Wicked File

What would happen if your shop—or any business—was hit with a wage and hour audit tomorrow?

The answer might shock you. For many owners, even those with the best intentions, missteps in overtime, cla... more

Thanks to our partners Promotive and Wicked File

Welcome to another episode of Business by the Numbers with Hunt Demerast, CPA at Parmelis & Associates. This week, Hunt digs into a deceptively simple question every shop owner should be asking: when ... more

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Recent Guests

Alex Saladna
CEO of Wicked File, technology solutions for auto repair shops
Wicked File
Episode: Finding Lost Money with Alex Saladna - WickedFile [E165]
Chris Cotton
Owner and coach at Autofix SOS Shop Coaching, fellow podcaster
Autofix SOS Shop Coaching
Episode: Talking Numbers with Chris Cotton [E138]

Host

Hunt Demarest
Host providing expert financial insights tailored to auto repair businesses. He also authored the book "Your Perfect Shop."

Reviews

5.0 out of 5 stars from 50 ratings
  • So much great info here!

    Business by the numbers is full on great tips and just good information about how to do things on the financial side of your business. I’m learning so many things that I never even thought to consider. Thanks Hunt! I’m a dedicated listener and always look forward to the next episode!

    Apple Podcasts
    5
    Rooney’s Auto
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Many express gratitude for the actionable advice that Hunt offers to help them grow and streamline their businesses.
Listeners appreciate the practical tips and insights related to financial management in the auto repair industry.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Finding Lost Money with Alex Saladna - WickedFile [E165]
Q: How can shop owners use the new navigator tool?
The navigator tool allows shop owners to ask specific questions about their repair orders or parts and get actionable insights, optimizing decision-making.
Finding Lost Money with Alex Saladna - WickedFile [E165]
Q: Why would I need your technology?
It’s your extra day in the week without having to work an extra day because statement reconciliation isn’t where the issues occur; it’s all the other stuff that you don’t have time to get to.
Mailbox: Listener Questions Answered [E111]
Q: What should I know about discretionary and non-discretionary bonuses for hourly workers?
Overtime calculations must factor in non-discretionary bonuses, which can significantly raise the overtime pay rate a worker earns beyond their base pay.
Mailbox: Listener Questions Answered [E111]
Q: What are the pros and cons of accrual and cash accounting methods in an auto shop?
Cash basis accounting can misrepresent the financial picture as it recognizes income only when cash is actually received. Accrual recognizes income when earned, providing a more accurate financial snapshot.
Mailbox: Listener Questions Answered [E111]
Q: If I sell my shop at 80% of fair market value to one of my children, will they be able to write off the payments and I pay tax on payments as capital gains?
Selling stock to family members has implications; while it's tax-favored for sellers, the buyer won't get a deduction until they sell the business later. An asset sale may be more beneficial.

Audience Metrics

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Frequently Asked Questions About Business By The Numbers

What is Business By The Numbers about and what kind of topics does it cover?

Focusing on the financial dynamics of managing auto repair businesses, the content offers invaluable insights for shop owners looking to enhance profitability and operational efficiency. Common themes include tax planning, benchmarking insights, and understanding the implications of regulatory changes affecting the automotive industry. The episodes frequently feature practical discussions about metrics, productivity, and financial strategies, making it a crucial resource for auto repair professionals seeking to thrive in a competitive landscape. Unique in its tailored approach to this sector, the podcast stands out for its data-driven insights and emphasis on actionable strategies for real-world applications.

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Which podcasts are similar to Business By The Numbers?

These podcasts share a similar audience with Business By The Numbers:

1. Remarkable Results Radio Podcast
2. Chris Cotton Weekly Blitz
3. Ratchet+Wrench Radio
4. Changing The Industry Podcast
5. The Auto Repair Marketing Podcast

How many episodes of Business By The Numbers are there?

Business By The Numbers launched 4 years ago and published 198 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Business By The Numbers?

Recent guests on Business By The Numbers include:

1. Alex Saladna
2. Chris Cotton

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