Buying and Selling your Auto Shop Business
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New Repair Shop, Partnerships, Bank Loans
Buying a repair shop? Creating a new company? Partnership problems? Adding more locations? Have a business deal you would like to discuss? Business Plans, Bank Loans, Real Estate.
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Exit Strategy, Retirement, Selling Your Repair Shop
Ready for retirement? Do you have a plan? Selling your auto repair business? What is your exit strategy? Building a plan for retirement.
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Latest Posts
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I suppose I could look into it but I feel that if the new car stores are doing it this way, it should be fine. My tech is happy with this arrangement and It's kind of a moot point as he only works 40 hours a week anyway. There may come a time when I'll have to look more closely but this is working for now.
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We use Paychecks for our payroll service. Anytime we have any questions about what the state laws are for payroll we call them and they will tell us what the law is.
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By Joe Marconi · Posted
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I can't say I'm super versed in the law but I can say that most shops(including new car stores) are paying flat rate around here still, and they are not paying time and a half.
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Our techs are paid hourly with overtime. They also make a graduated per hour bonus per flag hour after they flag a set number of hours.
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By Joe Marconi · Posted
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I pay flat rate with a punch time guarantee. Where I'm at, hourly employees get paid time and a half over 40 hours but flat rate employees can be paid just hourly rate times hours booked. This way the employee gets paid hourly with a "spiff" for booking over 40 and I don't have to pay time and a half.
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By Joe Marconi · Posted
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