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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 carmcapriotto
Thank You To Our Partners The Institute, AutoFlow, AutoLeap, Shop Dog Marketing, In-Bound
Watch Full Video Episode
In our episode today, we welcome guest Hunt Demarest, CPA ABV.
Hunt is the host of Business by the Numbers and, as our host Craig O’Neill will tell you… Hunt uses words really well for a numbers man!
This episode came to be after Craig found himself on a walk and listening to one of Hunts recent episodes, Episode 163 - Where are my customers? It’s a great episode on getting to the root of what the numbers are actually telling you - and guess what - it involves actually picking up the phone and talking to people!
Hunt’s episode played right after Craig had listened to an episode on a health/wellness program which spoke on a similar topic… going straight to the source of information!
Often times we can get caught up in the minutia of details and analysis.
If we are not careful - it can lead to assumptions and wrong conclusions.
As Hunt says, “Numbers do not lie, but they do not tell the whole story.”
Getting the whole story inevitably involves communication - and it isn’t always comfortable for people to pick up a phone to get it.
While the takeaway for today’s episode is in the title, it expands as you listen to Hunt and Craig explore a range of topics from talking to clients, employees, and even family.
Today’s WOTD is Gumption
noun
the ability to make intelligent decisions especially in everyday matters
Learn more about Hunt Demarest here:
https://paarmelis.com/business-by-the-numbers/
Look for his book here: https://a.co/d/hAf0cDF
Thank You To Our Partners The Institute, AutoFlow, AutoLeap, Shop Dog Marketing, In-Bound:
The Institute at WeAreTheInstitute.com. "Stop stressing over your business, you deserve a good night's sleep. The Institute’s coaching helps you achieve success and financial peace.
AutoFlow at AutoFlow.com. Your partner in technology, Autoflow consolidates your client interactions - before, during and after the visit to a single thread. Learn more at Autoflow.com
AutoLeap at AutoLeap.com. Are you tired of juggling multiple tools to manage your auto repair shop? Say hello to the streamlined efficiency of AutoLeap, the #1 all-in-one Auto Repair Shop Management Software!
Shop Dog Marketing at Shop Dog Marketing.com. "Want to see your auto repair shop thrive? Let Shop Dog Marketing be your guide. Our customer-first approach, combined with AI-driven creative content, ensures top rankings.
In-Bound at CallInBound.com. Cover your communication needs and revolutionize your auto repair business with AI-driven call analytics from InBound.
Contact Information
Email Craig O'Neill: [email protected] Join Our Virtual Toastmasters Club: https://remarkableresults.biz/toastmasters
The Aftermarket Radio Network: https://aftermarketradionetwork.com/
Remarkable Results Radio Podcast with Carm Capriotto: Advancing the Aftermarket by Facilitating Wisdom Through Story Telling and Open Discussion. https://remarkableresults.biz/
Diagnosing the Aftermarket A to Z with Matt Fanslow: From Diagnostics to Metallica and Mental Health, Matt Fanslow is Lifting the Hood on Life. https://mattfanslow.captivate.fm/
Business by the Numbers with Hunt Demarest: Understand the Numbers of Your Business with CPA Hunt Demarest. https://huntdemarest.captivate.fm/
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. https://autorepairmarketing.captivate.fm/
The Weekly Blitz with Chris Cotton: Weekly Inspiration with Business Coach Chris Cotton from AutoFix - Auto Shop Coaching. https://chriscotton.captivate.fm/
Click to go to the Podcast on Remarkable Results Radio
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By nptrb
As an auto repair shop owner, you’re focused on keeping your business running smoothly. That includes ensuring your employees are happy and financially secure. A simple yet often overlooked aspect of this is their W-4 form.
March is the perfect time to encourage your team to review and update their W-4s. Why? Because it leads to fewer tax-related headaches, happier employees, and a better team retention rate.
In this blog post, we’re discussing why W-4 check-ups are important and what you can do to help your employees!
The Importance of a W-4 March Check-Up
Just like a well-maintained vehicle, a paycheck needs regular tune-ups.
March provides a timely opportunity for your employees to:
Assess their current withholding. Make adjustments based on life changes. Avoid potential under-withholding penalties. Why Should You Care About Your Employees’ W-4s?
While you’re not directly responsible for your employees’ individual tax liabilities, providing valuable resources and encouraging proactive review can significantly benefit your staff and, ultimately, your business!
Improve Your Shop Morale
A surprise tax bill can create stress and financial hardship for your employees and their families. When you encourage W-4 reviews, you show your team that you care about their financial well-being and quality of life outside of the shop. This can help boost employee morale and lead to long-term team retention.
Reduce Payroll Confusion
When your staff’s W-4s are up to date, it minimizes the risk of paycheck questions and concerns. This frees up payroll staff’s time and boosts employee confidence. And let’s be honest: employees who feel supported are more productive. It’s a win-win!
Ways to Help Your Team with their W-4s
Your team doesn’t have to do this alone! Here are several ways to support them with their W-4 check-up.
Give Reminders
Send out a friendly reminder to your employees about the importance of reviewing their W-4s. You can use email, bulletin board notices, or a brief team meeting.
Share Resources
Make sure your team has easy access to the latest W-4 form and the IRS Withholding Estimator. Provide links to these resources in a place that is easily accessible.
Offer Support
W-4s can be confusing! Step into your role as a powerful leader by offering a brief Q&A session with your payroll staff or an external tax professional to answer any questions employees may have.
Provide Common Scenarios
Your auto repair shop employees may have fluctuating incomes due to commissions and overtime. Remind your staff to account for these variations when completing their W-4s. Also, remind them of other life changes that require a W-4 update, such as marriage, children, or buying a house.
The Bottom Line
Taking the extra step of guiding your employees to review their W-4s offers many benefits to your business.
It significantly reduces stress during tax season and minimizes the likelihood of last-minute payroll adjustments.
It also strengthens your relationship with your employees when you show genuine interest in their financial wellness.
When employees aren’t worrying about unexpected tax burdens, they can focus their energy and attention on their tasks, leading to improved efficiency and a shop that thrives!
By encouraging your employees to take a few minutes to review their W-4s, you can create a more financially secure and satisfied team and greater overall shop success!
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By carmcapriotto
Thanks to our partners, NAPA TRACS and Promotive
In this episode of Business by the Numbers, Hunt Demarest, CPA, dives into the world of financial projections—what they are, why they matter, and how to build a solid financial story that banks will take seriously. Whether you’re looking to secure a loan, expand your shop, or simply set better financial goals, this episode will help you navigate the process with confidence.
Key Takeaways:
The biggest mistake shop owners make when creating financial projections. Why your story matters more than the numbers when pitching a loan request to a bank. The three key levers you can adjust in a financial projection: sales, margins, and expenses. How to build a realistic projection that a bank will trust. Why working with an accountant on projections can save you from financial disaster. Common red flags that make banks reject loan applications.
Thanks to our partners, NAPA TRACS and Promotive
Thanks to our partner, NAPA TRACS
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
Thanks to our partner, Promotive
It’s time to hire a superstar for your business; what a grind you have in front of you. 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: [email protected]
Text Paar Melis @ 301-307-5413
Download a Copy of My Books Here:
Wrenches to Write-Offs Your Perfect Shop
The Aftermarket Radio Network: https://aftermarketradionetwork.com/
Remarkable Results Radio Podcast with Carm Capriotto https://remarkableresults.biz/
Diagnosing the Aftermarket A to Z with Matt Fanslow https://mattfanslow.captivate.fm/
Business by the Numbers with Hunt Demarest https://huntdemarest.captivate.fm/
The Auto Repair Marketing Podcast with Kim and Brian Walker https://autorepairmarketing.captivate.fm/
The Weekly Blitz with Chris Cotton https://chriscotton.captivate.fm/
Speak Up! Effective Communication with Craig O'Neill https://craigoneill.captivate.fm/
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.
Click to go to the Podcast on Remarkable Results Radio
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By champtires
Champtires has dropped prices on more than 8,000 tires. The markdowns – which are mostly between 15 and 20 percent per tire – are on top of the company’s everyday low prices for high-quality used and take-off tires.
BF Goodrich, Bridgestone, Continental, General Tire, Goodyear, Hankook, Michelin, Pirelli and many other brands are included in the price drops.
Discount Examples:
CONTINENTAL PROCONTACT TX 245/45-19 98 H with 8/32 tread
Regular Price: $146.67
Markdown Price: $126.27
FALKEN PRO G5 CSV 235/60-18 107 V with 10/32 tread
Regular Price: $92.62
Markdown Price: $74.10
FIRESTONE DESTINATION LE 3 275/45-20 110 H with 8/32 tread
Regular Price: $113.40
Markdown Price: $92.99
MICHELIN_DEFENDER2 TAKEOFF 215/45-17 91 H (less than 50 miles driven)
Regular Price: $165.19
Markdown Price: $140.41
YOKOHAMA YK-CTXv225/60-18v100 H with 8/32 tread
Regular Price: $53.86
Markdown Price: $43.09
To find tires that are included in the sale, start by searching at www.champtires.com. Tires that have been discounted will have a new price displayed in red.
Free shipping is included on all orders placed through Champtires.com.
Established in 2009, Champtires is one of the leading sellers of premium used tires in the United States and also sells take-off tires (driven for 50 miles or less) and new tires. Headquartered in West Mifflin, PA, Champtires operates distribution centers in multiple states and two retail locations in the Pittsburgh, PA area.
Prices and availability accurate as of publication date.
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By Jay Huh
Long story short, been in business about 2 years and started mobile. Current location for about a year, just opened up a second location about 3 weeks ago- HUGE step for me.
In my area, auto shop locations are REALLY REALLY RARE. There'll be months before a single shop will pop up for lease.
Well.. I was looking for auto equipment on craigslist and stumbled upon a listing of a shop moving and selling all his lifts. Found the location on loopnet- 5 bays, previous business extremely successful, great location, great price too....
1st location hit record sales this past week, 2nd new location held its own (divided by week, came out on top after expenses). I got both stores running self sufficiently. I am pretty much maxed out and I hate taking out loans but I have a line of credit available.
Am I crazy to want to do this?
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