Business By The Numbers

Selling Your Shop to Key Employee. This week Hunt discusses some of the options that are out there for selling your shop to a key employee and how to retain them until you are ready to sell. • Why is selling a minority share in your business a bad idea? • What selling to an internal party in your business can be a win for both the buyer and the seller? • How to structure a plan to transition to th...

Going Multi-Location! Part 3 of the crash course on going multi-location, Hunt discusses how to take this deal home, finance and set up the purchase price. • What are the options for financing the deal and what is the most common? • How should I set up this new location? A new entity or existing? • How do I allocate the purchase price so that it gets you the most tax benefit? The Show is sponsored...

Going Multi-Location Part 2 - Evaluation In part 2 of the crash course on going multi-location, Hunt discusses getting into the details of a shop and coming up with a fair price • What kind of reports should I be asking from the seller? • What should you be looking at on the financials, the good the bad, and other things that can give more insight into the business. • How to I come up with a fair...

Going Multi-Location - Part 1of the crash course on going multi-location. Hunt discusses some of the basics of starting the process of going multi-location. • What should I be doing in my shop now? • How do I find prospective shops for sale? • What kinds of things should I be looking for in the shop and asking of the seller? • Should you start one fresh or should you buy an existing shop? The Show...

Employee Retention Tax Credit (ERTC) and R&D Credit. This week Hunt discusses some tax credits that are being pushed to business owners recently. • What is the ERTC and do I qualify for it? • How do I know if I qualify and are there different things to look at with this credit? • What is the R&D Tax Credit? • What kinds of things do I need to be doing in order to qualify for this credit? T...

Retirement Options and Tax Advantages This week Hunt discusses some of the options that are out there for retirement and how they can be the best tax deduction for you. • What kind of retirement options are out there, business and personal. • How do I fund these retirement accounts and what kind of tax savings will this give me? • What retirement account is right for me and my business? • What are...

Tax Tips and Common Questions. This week Hunt discusses some of the most common questions and issues that come up during tax season. •What is an extension and why do you file one? Is it the right move or are you costing yourself money? • What is Section 179 Expense? When should you use it and what can qualify for accelerated depreciation? • What are tax brackets and how is different kinds of incom...

Profitability & Key Metrics with Patrick McHugh of Bimmer Rescue. This week Hunt sits down with Patrick to discuss his philosophy on driving profits and how he keeps his business moving in the right direction. • What metrics should you be using to guide your day to day business • Why it is important to track KPI and trends regularly versus finding out after the fact that you missed the mark. •...

Managing Fraud - Hunt Demarest - Business by the Numbers 006 This week Hunt discusses common areas of fraud, why it happens and what we can do to stop it. Key talking points: • What is fraud and how common is it in small businesses • What are signs of fraud and how can we spot clues that could warn you before fraud happens. • What can you be doing in your shop right now to minimize your risk of fr...

Recorded at Vision KC 2022 Tech Training with Travis Troy. This week Hunt sits down with Travis Troy of Honest Wrenches in IA. We cover a lot of great topics including: • Why tech training is so important and why the cost of training and even shutting down your shop works in your favor. • What Travis has learned from starting a shop in a storage unit to creating 2 extremely successful shops. • Tal...

Tech Productivity. Hunt takes a dive into the numbers behind tech productivity and how it affects your bottom line. • What is tech productivity and why do I care? • How do I measure tech productivity for my shop? • How different are sales for a super productive technician compared to an unproductive technician? • What is the theoretical max sales of my shop based on my production staff? test

Advertising Expense Review and Budget Hunt discusses how to analyze and alter your advertising budget to drive real results that you need. • How much money should your shop be spending on advertising? • Does the type of advertising needed dictate the budget? • How to figure out a break-even analysis for dollars spent on advertising. • Does my current advertising budget match up with my goals of sh...

Hunt Demarest Podcast Launch - Episode 1 with Carm Capriotto Hunt's podcast will provide a core understanding of the financial aspects of running an auto repair shop. The latest show from the Aftermarket Radio Network Hunt and Carm talk about their collaboration to launch this inaugural episode Hunt Demarest, CPA has consistently provided his financial business acumen to help move the industry tow...

Common Financial Issues. Hunt discusses the common issues that he sees when starting to look at a shop's financials. • Why don’t you understand your financials? Maybe it’s because they don’t make sense to anyone! • Do your financials match your Shop Management System (SMS)? How do we fix it if they do not? • How to analyze Parts Margin discrepancies and fix them. • Eliminating variables from finan...