Business By The Numbers  By  cover art

Business By The Numbers

By: LSTN Media LLC
  • Summary

  • 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 a core understanding of the financial aspects of running an auto repair shop.
    Copyright 2024 LSTN Media LLC
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Episodes
  • Interest Rates and Market Update [E116]
    May 2 2024

    On this Episode of Business by the Numbers, Hunt reflects on his time at the STX conference in Nashville, sharing stories about the connections made and lessons learned from industry experts.

    • Economic News Breakdown: We get into the latest economic updates that dropped last Wednesday. Hunt breaks down what these changes in numbers might mean for your wallet and business this year, especially when it comes to interest rates.

    • Tax Talk and Government Spending: Hunt explains the proposed wealth tax and what the latest federal budget might mean for us. There’s a lot of talk about balancing the budget without raising taxes too much, and we'll explore what that could look like.

    • Capital Gains and Your Money: We take a closer look at potential hikes in capital gains taxes and how these could affect your investments and long-term financial planning.

    • Understanding the Numbers: Inflation, GDP... these terms get thrown around a lot. We’ll unpack what they really mean for the economy and for us as workers and business owners.

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.


    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

    Show more Show less
    40 mins
  • Is There Going to be a Wealth Tax? [E115]
    Apr 25 2024

    Hunt unpacks his recent experiences and learnings from the Virginia Automotive Association Conference in Hot Springs, Virginia. Joined by Jamie from Sesco, an HR expert, Hunt explores potential impacts of proposed wealth taxes and shares expert advice on how auto industry professionals can navigate current financial climates.

    • Conference Insights: Hunt reflects on his productive collaboration with Jamie from Sesco during the conference, promising an in-depth future episode with her to dive into HR and legal topics relevant to auto shop owners.

    • Wealth Tax Discussion: Hunt discusses a trending topic that stirred interest at the conference—a possible wealth tax. He debates the likelihood and implications of such a tax, referencing recent legislative attempts and public sentiment towards wealth distribution.

    • Financial Strategies: Learn about legal loopholes and financial strategies used by the wealthy to mitigate tax liabilities, with Hunt explaining complex mechanisms like borrowing against securities instead of liquidating assets.

    • Listener Engagement: Hunt encourages listener interaction by inviting questions and suggestions for future topics, underscoring the podcast’s commitment to addressing audience interests.

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.

    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

    Show more Show less
    41 mins
  • Do the "Rich" Pay Their Fair Share of Taxes? [E114]
    Apr 18 2024

    Welcome to this episode of "Business by the Numbers," where we dive deep into the often controversial topic of tax fairness. Join Hunt, as he explores if the wealthiest among us are really shouldering their fair share of the tax burden.

    • Defining 'Rich': How income levels and perceptions of wealth vary across different regions and impact tax contributions.

    • The Progressive Tax System: A closer look at how the U.S. tax system scales with income and what that means for the top 1% of earners.

    • Real Figures: We break down recent statistics to understand the actual tax contributions made by high earners.

    • Beyond Income Tax: Examining other significant tax obligations faced by the wealthy, including sales tax, property tax, and surtaxes.

    • Debunking Myths: Addressing common misconceptions about tax evasion among the wealthy and what the data really shows.

    Thanks to our partners, NAPA TRACS and Promotive

    Did you know that NAPA TRACS has onsite training plus six days a week support?

    It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.

    Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.com

    It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.

    Paar Melis and Associates – Accountants Specializing in Automotive Repair

    Visit us Online: www.paarmelis.com

    Email Hunt: podcast@paarmelis.com

    Get a copy of my Book: Download Here

    Aftermarket Radio Network

    Show more Show less
    47 mins

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