x

75% of people globally want unbiased news (Pew Research) but are concerned they're not getting that.

Get balanced coverage with Symby. See how stories are covered across diverse outlets and spot when one side covers a story the other skips.

PODCAST

Business By The Numbers

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 owners, whether they are just starting or have been in the business for years. Hunt"s podcast will provide

business management

All Episodes

39:46

Memorial Day and a Reflection on Your Numbers [E068]

Business By The Numbers ·

2023/06/01

This week Hunt discusses how sometimes reflecting on the past financials isn't always fun but its always necessary.• What is the purpose of financials and how does past performance effect future expectations?• How can I utilize past months or years financials to judge the accuracy or expectations of sales targets and projections?• What can I learn from bad months and is there always something that needs to be done to change?• How to understand the difference between the new normal or a one-time

en

30:54

Pricing [E067]

Business By The Numbers ·

2023/05/25

This week Hunt discusses if we ever really will see prices go back to "normal" and how that effects all of us.• Do you think that prices will ever go down and what about your business? Will you ever decrease your rates?• How can you decrease your prices if you do not decrease your employee wages?• How are supply chains effecting prices with increases in ever single step of the distribution chain?• If prices are only increasing because of costs, why are corporations making record profits in a time

en

29:39

Opportunity Cost [E066]

Business By The Numbers ·

2023/05/18

This week Hunt discusses the actual cost of that aging loaner fleet. Are they really as cheap as you think?• What is an opportunity cost? How does that impact the actual cost of my loaner fleet?• Does opportunity cost apply to me and my team equally?• So, you spend a couple hundred dollars in parts to keep that beater on the road, but is it really "cheaper than a car payment?"• How does opportunity cost apply to a tow truck that I also have off the road and not making me money?Thanks to our sponsor

en

52:36

Talking Loaner Cars with Laura Tierney from...

Business By The Numbers ·

2023/05/11

This week Hunt sits down with Laura Tierney from ShopLoaner to discuss bringing your loaner fleet into the 21st century. • How can utilizing software streamline your workflow as well as actually generate money in seconds?• What are some major pitfalls of having shop loaners, and how can you avoid those?• Who is a good candidate for loaner cars, and who should you think twice about giving a loaner to?• How can I recover costs from customers for gas, tolls, fines, and other charges they incur?Thanks

en

37:57

May Market Update [E064]

Business By The Numbers ·

2023/05/04

This week Hunt talks about the recent Fed meeting, the impacts, and other factors affecting the current market.• How much impact is the recent Fed rate increase going to have on me?• What can we learn from the federal reserve that will shape how the rest of the year is going to unfold?• Is there a real possibility that the US could default on some of its debt and what would be the impacts of this?• Is a market correction inevitable and is that truly as bad as it sounds?Link for Chart:

en

36:50

Where Did all the Cash Go? [E063]

Business By The Numbers ·

2023/04/27

This week Hunt talks about the most significant missing link between his clients that make money (rich people) and have money (wealthy people)• Is there a relationship between how much money someone makes and how much money they actually have?• What is your personal ratio, and how can you improve it?• If you have never saved money, how can you start setting yourself up to be more responsible in the future?• Is debt something to be avoided, or can you actually leverage debt to save more money?Thanks

en

46:47

Can I Expense That? Should I? [E062]

Business By The Numbers ·

2023/04/20

This week Hunt covers a listener request regarding grey-area expenses that can be deducted by your business, but should they always be?• What does the IRS look at on my expenses if I was ever to be audited?• How does satisfying the requirement of "ordinary and necessary" expenses for my business shift my possible deductions?• How am I taxed if I buy a personal asset from myself for my business?• What are some downfalls to going overboard in writing off expenses in my business that affect me in the

en

35:18

Denny's Auto - 4 day work week [E061]

Business By The Numbers ·

2023/04/13

This week Hunt sits down with Mitch Moncur of Denny's Auto in Utah to discuss the takeaways from moving to a 4-day work week.• What are some of the most significant changes you noticed with your team since you moved to a 4-day work week?• Any negative feedback from customers by reducing the number of days open?• Is this something that you believe will allow you to retain or attract new team members?• Have there been any unintended consequences from moving to the 4-day work week?Thanks to our sponsor

en

35:10

Planning and Saving for Taxes [E060]

Business By The Numbers ·

2023/04/06

This week Hunt discusses the pitfalls of falling behind on taxes and ways to save to avoid them.• If I am an S-corp, can I pay my personal taxes from my business?• How should you pay in taxes if you have payroll and profits from your business?• Can you pay your taxes all at the end of the year and avoid estimates all together?• If I cannot pay my tax bill, how do I pay it back over time?Thanks to our sponsor partner NAPA TRACSNAPATRACS.comPaar Melis and Associates – Accountants Specializing in

en

42:14

Not All Deductions Are Equal [E059]

Business By The Numbers ·

2023/03/30

This week Hunt discusses the differences in taxation of common expenses that you might not be aware of. • What kind of meals am I allowed to deduct and how are in house meals different than meals offsite? • How much of a deduction do I get if I donate my services to a charity or donate a piece of business equipment?• Should I write off my life insurance premiums?• What other classifications should I be aware of on my P&L that could effect my end of year taxes?Thanks to our sponsor partner NAPA

en

44:21

Paying Down Debt [E058]

Business By The Numbers ·

2023/03/23

This week Hunt discusses the basics behind debt and how to pay your debt down in a safe manor.• What factors go into evaluating whether debt is a good option or not?• How does leverage work with debt and how do you analyze the situation to make sure it will be a profitable one?• Do I actually want to be debt free or is this debt making me more money than it is costing me?• How do I select what debt to start paying down first?Thanks to our sponsor partner NAPA TRACSNAPATRACS.comHunt Demarest, CPAPaar

en

52:36

Silicon Valley Bank [E057]

Business By The Numbers ·

2023/03/16

This week Hunt discusses the current banking crisis and the collapse of Silicon Valley Bank.• What happened to Silicon Valley Bank, and are there other banks at risk of the same fate?• What risk factors played a role in the eventual collapse of the bank?• What role does the government play in these situations, and what are they doing to fix this?• What are the after effects of something like this going to be?Thanks to our sponsor partner NAPA TRACSNAPATRACS.comHunt Demarest, CPAPaar Melis and

en

43:22

Cash is King - Cash Management Accounts [E056]

Business By The Numbers ·

2023/03/09

This week Hunt discusses common mistakes and tips to better manage and protect your #cash. • How to understand if your personal spending requirements are hurting your business?• How can you ensure that you aren't taking too much out of your business?• Can there be too much cash in your business? What to do to minimize risk and maximize return.• What options exist to get a better return on my money without significant risks?Thanks to our sponsor partner NAPA TRACSNAPATRACS.comHunt Demarest, CPAPaar

en

39:12

Debt Ceiling and Taxes [E055]

Business By The Numbers ·

2023/03/02

Thanks to our sponsor partner NAPA TRACSNAPATRACS.comThis week Hunt talks about the debt ceiling as well as the national debt and how it is already affecting our lives.• How does the government generate and borrow money?• Who is financing the national debt of our country?• How are these issues affecting you right now, and what future input could that have on your taxes and customers?• What does the future hold if we want to try and reduce our deficit?Hunt Demarest, CPAPaar Melis and Associates –

en

30:59

Tax Season Updates [E054]

Business By The Numbers ·

2023/02/23

This week Hunt talks about some tax season tips and common concerns that have been popping up with clients.• Are there any major tax law changes from 2021 to 2022 tax returns?• Are refunds smaller than the were in previous years and why is that?• How to help employee with withholding shortages to avoid end of year surprises.• What do you need to know before you file a personal extension?The Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care Repair Shop of Tomorrow at

en

44:39

Shop Comparison: Fact or Fiction? [E053]

Business By The Numbers ·

2023/02/16

This week Hunt talks about the pitfalls of comparing your shop to other shops with misleading numbers.• How can you compare advertising budgets or methods across different kinds of shops?• Is a 20% Profit Margin a realistic target for your shop?• How can you tailor your business to overcome significant overhead expenses?• How does time factor into comparing profit?The Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care Repair Shop of Tomorrow at

en

01:00:34

Raising Your Kids to be Financially Responsible with...

Business By The Numbers ·

2023/02/09

This week Hunt sits down with Nick Warren, from Ark Financial, to discuss how to raise children that are financially responsible.• At what age can you start to talk about money or start building foundational knowledge about money?• How do you have a healthy conversation with your family about money?• Are there things that you need to understand as a parent or adult to allow you to empower the next generation to be financially responsible?• How do everyday things in your house change when you

en

37:14

Profit Sharing: Net Income or Gross Profit? [E051]

Business By The Numbers ·

2023/02/02

This week Hunt talks about incentivizing key employees with profit sharing and how to hold them accountable for the overall company and its profits.How to motivate key employees to think like ownersPros and cons of giving key employees minority ownershipWhat are alternative options for incentivization?Caveats for expansion and/or quick growthThe Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.comHunt Demarest, CPAPaar

en

48:16

ROI - Return on Investment [E050]

Business By The Numbers ·

2023/01/26

This week, Hunt talks about ROI (return on investment) and how to use it in your day-to-day decisions.• What is ROI, and how can you calculate it?• How does time relate to ROI and can your decision be changed based on time even if ROI is the same?• How does your involvement in an investment dictate what the ROI has to be to make it a prudent choice?• How can you use ROI to make day-to-day decisions in your business and personal life?The Show is sponsored by:Shop-Ware on the web

en

39:43

Profit Does Not Equal Cash in the Bank – Hunt...

Business By The Numbers ·

2023/01/24

Recorded Live at the Transformers Summit with Aftermarket Radio Network host, Hunt Demarest, CPA at Paar Mellis and Associates and host of the Business by the Numbers Podcast. Hunt's firm specializes in automotive repair clients and he gives us an inside scoop on common new client questions and concerns as well as some behind the scenes about his podcast!Hunt Demarest, CPA,Paar Mellis and Associates,Business by the Numbers PodcastShow Notes Finance and accounting with new clients- “I want to know

en

130 results

Similar Podcasts

TaxTalent.com The Golden Rule Podcast

Adam Golden

TaxTalent.com Podcast

Tony Santiago

Handelsblatt Crime - spannende Streitfälle der deutschen Wirtschaft

Ina Karabasz, Solveig Gode, Sönke Iwersen

Deffner und Zschäpitz – Der Wirtschafts-Talk von WELT

WELT

Black Box - La scatola nera della finanza

Guido Brera e Gian Luca Comandini -...