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By Joe Marconi in Joe's Blog0 commentsIt always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.
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By nptrb
April 15th has come and gone, and you missed the tax deadline for your auto repair shop.
It can be so easy to get caught up in the day-to-day grind of managing your customers, your shop, and your staff that the tax filing deadline just slips away.
If you find yourself skipping the date, don’t panic. There are steps you can take to minimize late fees and potential consequences from the IRS.
So, relax your shoulders, take a deep breath, and dive into this blog post full of tips to help you with your next steps.
Step #1: File a Tax Extension
Before you do anything else, head to the IRS website and file a tax extension. Click here to get the form.
This buys you time to gather the necessary documents and prepare your return.
Important note: An extension only gives you more time to file, not to pay. If you owe taxes, you’ll still need to make estimated payments by the original deadline to avoid penalties and interest.
Step #2: Determine Why You Missed the Deadline
Once you’ve filed a tax extension, take some time to figure out why you missed the deadline.
Were your records disorganized?
Did you stumble across unforeseen circumstances?
Or was it simply an oversight?
Figuring out why you missed the deadline – and taking action to fix it – will help prevent it from happening again. If you need help simplifying the process for next year, here are some tips!
Step #3: Collect Your Records
Now that you have more time from your extension, start gathering all the necessary documents for your tax return.
This includes tax forms such as W-2’s, 1099s, and other forms. You’ll also want to gather and organize receipts, mileage records, social security documents, bank statements, income statements, expense records, payroll records, tax deduction records, profit and loss statements, balance sheets, financial statements, and any other relevant or requested paperwork.
Step #4: Calculate Your Taxes
Once you have all your documents in order, calculate your taxes as accurately as possible. If you’re not working with a tax professional, your best plan of attack is to invest in tax filing software such as Turbo Tax. QuickBooks Online also features a tax preparation service.
Once you determine if you owe taxes, make sure to make estimated payments on time to avoid penalties and interest.
Step #5: File Your Return
Once you’ve calculated your taxes, file your return as soon as possible. The sooner you file, the sooner you can put the stress of the missed tax deadline behind you. Lesson learned!
Step # 6: Pay Any Taxes You Owe
If you owe taxes, make sure to pay them as soon as possible. The longer you wait, the more interest and penalties you’ll accrue.
Disclaimer:
This blog post is for informational purposes only and should not be construed as tax advice. Tax laws are subject to change, and business circumstances vary. It’s important to get direct advice from tax professionals who know the specifics of your situation.
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By Joe Marconi
As I make this post, the stock market is down again, and the off again, on again tariffs are enough to drive me nuts.
If imposed, will tariffs have an impact on our business and/or industry?
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By JustTheBest
Do you find your shop doesn’t even come up on Google search like the big shops or chains and delivering great customer service is hard, especially when you’re busy or short staffed?
Do you find it hard to keep customers coming back? Is retaining customers a real struggle, never mind getting them to leave you a review on Google or begging them for new customer referrals.
If you’re tired of the car count rollercoaster, I’ve got a short (5 minute) loom video that shows you exactly how I can help you in less than 15 days… and it’s FREE! No, really!
Check it out here!
Matthew
"The Car Count Fixer"
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By carmcapriotto
The Weekly Blitz is brought to you by our friends over at Shop Marketing Pros. If you want to take your shop to the next level, you need great marketing. Shop Marketing Pros does top-tier marketing for top-tier shops.
Click here to learn more about Top Tier Marketing by Shop Marketing Pros and schedule a demo: https://shopmarketingpros.com/chris/
Check out their podcast here: https://autorepairmarketing.captivate.fm/
If you would like to join their private facebook group go here: https://www.facebook.com/groups/autorepairmarketingmastermind
SHOW NOTES
Connect with Chris: chris autofixsos.com
Phone: 940.400.1008
www.autoshopcoaching.com
Facebook: https://www.facebook.com/
AutoFixAutoShopCo
Connect with Chris: chris autofixsos.com Phone: 940.400.1008 www.autoshopcoaching.com Facebook: https://www.facebook.com/ AutoFixAutoShopCoachingYoutube: https://bit.ly/3ClX0ae
www.autoshopcoaching.com
Facebook: https://www.facebook.com/ AutoFixAutoShopCoaching
Youtube: https://bit.ly/3ClX0ae
The Aftermarket Radio Network
Remarkable Results Radio Podcast with Carm Capriotto: Advancing the Aftermarket by Facilitating Wisdom Through Story Telling and Open Discussion
Diagnosing the Aftermarket A to Z with Matt Fanslow: From Diagnostics to Metallica and Mental Health, Matt Fanslow is Lifting the Hood on Life.
The Auto Repair Marketing Podcast with Kim and Brian Walker: Marketing Experts Brian & Kim Walker Work with Shop Owners to Take it to the Next Level.
The Weekly Blitz with Chris Cotton: Weekly Inspiration with Business Coach Chris Cotton from AutoFix - Auto Shop Coaching.
Business by the Numbers with Hunt Demarest: Understand the Numbers of Your Business with CPA Hunt Demarest.
Speak Up! Effective Communication with Craig O'Neill: Develop Interpersonal and Professional Communication Skills when Speaking to Audiences of Any Size.
To listen to more episodes, make sure and go over to iTunes and or Spotify.
Don't forget to rate and review us!
Connect with Chris:
AutoFix-Auto Shop Coaching
www.autoshopcoaching.com
www.aftermarketradionetwork.com
#autofixautoshopcoaching #autofixbeautofixing #autoshopprofits #autoshopprofit #autoshopprofitsfirst #autoshopleadership #autoshopmanagement #autorepairshopcoaching #autorepairshopconsulting #autorepairshoptraining #autorepairshop #autorepair #serviceadvisor #serviceadvisorefficiency #autorepairshopmarketing #theweeklyblitz #autofix #shopmarketingpros #autofixautoshopcoachingbook
Click to go to the Podcast on Remarkable Results Radio
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By Changing The Industry
Episode 211 - Trust, Ownership, and Ethical Sales with Kim and Brian Walker of Shop Marketing Pros
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