Ever wonder what differentiates successful businesses, especially in the automotive aftermarket? Do you have a strong interest in great leadership, business str...
End of 2024 Update: Interest Rates, ERTC, BOI Reporting & More [E148] - Business By The Numbers
Thanks to our partners, NAPA TRACS and PromotiveEnd-of-year chaos is here, and Hunt’s been busy diving into webinars, questions, and updates on some big topics like the BOI report, interest rates, and the infamous Employee Retention Tax Credit (ERTC). In this episode, Hunt breaks down what’s happening, what you need to know, and what you should (or shouldn’t) do before heading into 2024.Here’s What You’ll Learn in This Episode:BOI Report (Beneficial Ownership Information): This rule was meant to track down shady business practices, but now it’s tangled in legal challenges and paused—for now. Already filed? You’re good. Haven’t filed? You’ve got choices. Hunt explains the pros and cons of sitting tight or filing now.Interest Rates and the Economy: Rates are dropping, but what does that actually mean? Hunt explains why “good news is bad news” for the economy and what’s expected for borrowing costs, CDs, and savings rates in 2024. Key dates to watch for financial reports that could shake things up (spoiler alert: December 11th and 12th are big ones).ERTC: Still Alive, but Barely: The IRS is drowning in a mountain of unprocessed claims—think years of delays.What to do if you’re still waiting on your ERTC money and why you shouldn’t count your chickens (or your tax credit) just yet.Learn more about how to fill out the BOI Report here: https://youtu.be/5pP1b_IzbSYThanks to our partners, NAPA TRACS and PromotiveDid 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.comThanks to our partner, PromotiveIt’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 RepairVisit us Online: www.paarmelis.comEmail Hunt: [email protected] a Copy of My Books Here:Wrenches to Write-OffsYour Perfect Shop 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.
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King Theoden and Being a Leader [E164] - Diagnosing the Aftermarket A to Z
Thanks to our Partner, NAPA Autotech Matt Fanslow draws leadership lessons from King Théoden of Rohan in "The Lord of the Rings: The Two Towers." Matt explores themes of trust, fear, and alliances, paralleling Théoden's journey with the challenges faced by shop owners and leaders in the automotive industry. He emphasizes the importance of trusting the right advisors, seeking support, and fostering collaboration. By reflecting on Théoden’s transformation and battles, Matt provides valuable insights on effective leadership, resilience, and the power of unity in overcoming adversity.Show NotesThéoden's Condition (00:02:41)Trust and Leadership (00:04:11)Gandalf's Return (00:05:38)Théoden's Struggles (00:06:55)The Threat from Sauron (00:08:15)Historical Comforts (00:09:34)Rebuilding Alliances (00:11:54)Facing Business Challenges (00:13:01)Helm's Deep as a Safe Haven (00:14:08)The Arrival of Allies (00:15:15)Role of Employees in Alliances (00:16:36)Impenetrability of Helm's Deep (00:18:05)The Rallying Call (00:20:24)The Burden of Leadership (00:21:35)Competition as a Catalyst (00:22:38)The Charge to Gondor (00:23:47)Motivational Speeches (00:25:10)The Price of Honor (00:26:26)Contentment in Leadership (00:27:28)Striving for Belonging (00:28:40)"Ask Us Anything!" with Matt Fanslow and Brin Kline📆 Save the Date: Thursday, December 19th, 2024🕒 Time: 8:00 PM ESTRegister Here: https://streamyard.com/watch/M3JjMR53s5CtThanks to our Partner, NAPA Autotech NAPA Autotech’s team of ASE Master Certified Instructors are conducting over 1,200 classes covering 28 automotive topics. To see a selection, go to napaautotech.com for more details.Contact InformationEmail Matt: [email protected] the Aftermarket A - Z YouTube Channel 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...
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Beyond CRM: Using AppFueled to Redefine Customer Loyalty in Auto Repair [E130] - The Auto Repair Marketing Podcast
When it comes to keeping your customers loyal and engaged, technology might be the missing piece in your shop’s success. In this episode, we’re joined by Jeremy Glassco, founder of AppFueled, an innovative tool designed to disrupt customer behavior and redefine loyalty in auto repair.You might think AppFueled is just another CRM, but it’s actually so much more. Today, we’ll explore how its features—from branded call centers to custom loyalty programs—are setting new standards for customer experience. We’ll also dig into what it means to “disrupt” customer behavior in a way that keeps your clients coming back to your shop instead of drifting to the competition.Whether you're new to customer relationship tools or already running a CRM, we think you’ll find something valuable in today’s episode. Let’s dive in!Thank you to RepairPal for sponsoring The Auto Repair Marketing Podcast. Learn more about RepairPal at https://repairpal.com/shopsAre you ready to convert clients to members? App Fueled specializes in creating custom apps tailored specifically for professional auto repair businesses. Visit Appfueled.com to get started today. Keep your shop top of mind on the mobile device they love.Lagniappe (Books, Links, Other Podcasts, etc)Appfueled.com - Appfueled https://shopmarketingpros.com/ep-106-part-2-customer-retention-series-service-advisor-role/ - Customer Retention Series – Service Advisor RoleHow To Get In Touch with the Guesthttps://appfueled.com/jeremy - Jeremy GlasscoShow Notes with TimestampsIntroduction and Guest Introduction (00:00:01) Brian Walker introduces the podcast and guest Jeremy Glassco, highlighting the episode's focus on App Fueled.App Fueled Origins (00:02:07) Jeremy explains the initial concept of App Fueled and its evolution from a website builder to a CRM tool.Stubbornness and Evolution (00:03:08) Jeremy shares personal anecdotes about his journey and the challenges faced while developing App Fueled.Freedom of Entrepreneurship (00:04:44) Jeremy discusses the freedom and hard work involved in owning a business and the values learned from his upbringing.Veterans' Appreciation (00:05:54) Brian and Jeremy express gratitude for veterans, emphasizing the sacrifices made for freedom.Misconceptions about App Fueled (00:06:30) Brian clarifies misconceptions regarding App Fueled, noting it’s more than just an app for shops.Full-Featured CRM Discussion (00:07:10) Jeremy highlights App Fueled's capabilities as a comprehensive CRM, including unique features not found elsewhere.Background of Refer a Car LLC (00:08:06) Jeremy recounts the founding of Refer a Car LLC and its initial mission to connect youth groups with auto repair shops.Community Engagement Through Fundraising (00:09:35) Jeremy discusses the successful fundraising initiative that connected local youth groups with auto repair shops.Referral Program Development (00:10:25) Jeremy...
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The Cost Of Wanting To Be Right: Finding Balance in Business and Life [RR 1014]
Thanks to our Partner, NAPA Auto Care
"Let’s stop hiding behind "I’m right and you’re wrong."
Explore the profound impact of self-awareness on personal and professional development, the art of managing emotions, and the intentionality needed to create meaningful success. Tune in for practical insights and transformative ideas to elevate both your business and personal life.
Krystal Zellmer, VP at Klemmer Leadership and Character Development. Krystal's previous episodes HERE
Show Notes
Watch Full Video Episode
Self-Awareness Focus (00:01:06)
The Challenge of Self-Assessment (00:02:55)
Looking in the Mirror (00:03:08)
Defining True Intentions (00:04:25)
Identifying Deeper Commitments (00:05:02)
Assessing Results (00:06:19)
The Price of Not Changing (00:07:58)
Mediocrity and Legacy (00:09:19)
Positive Possibilities (00:10:42)
Transformative Questions (00:11:55)
The Importance of Coaching (00:14:37)
Misconceptions About Coaching (00:15:03)
360-Degree Perspective (00:16:05)
Experiential Training Overview (00:18:02)
Communication Styles and Emotions (00:21:42)
The Need to Be Right (00:24:54)
Embracing Responsibility (00:27:06)
Ego and Learning (00:29:04)
Managing Ego in Leadership (00:31:28)
Intuition and Leadership (00:33:19)
Finding Confidence Through Self-Awareness (00:35:23)
The Compassionate Samurai Concept (00:36:09)
Sunglasses of Belief Systems (00:38:23)
Compassion and Leadership (00:41:08)
Finding Support for Self-Awareness (00:41:57)
Diverse Modalities for Change (00:42:38)
Fixing the Client First (00:44:25)
Thanks to our Partner, NAPA Auto Care
Learn more about NAPA Auto Care and the benefits of being part of the NAPA family by visiting https://www.napaonline.com/en/auto-care
Connect with the Podcast:
-Follow on Facebook: https://www.facebook.com/RemarkableResultsRadioPodcast/
-Join Our Virtual Toastmasters Club: https://remarkableresults.biz/toastmasters
-Join Our Private Facebook Community: https://www.facebook.com/groups/1734687266778976
-Subscribe on YouTube: https://www.youtube.com/carmcapriotto
-Follow on LinkedIn: https://www.linkedin.com/in/carmcapriotto/
-Follow on Instagram:
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46:05
Transitioning from Technician to Shop Owner: Are You Prepared for the Change? [E194] - Chris Cotton Weekly Blitz
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/autorepairmarketingmastermindIn this episode of "The Weekly Blitz," Coach Chris Cotton takes center stage to expertly guide aspiring auto repair technicians through the intricate financial essentials necessary for launching a successful auto repair business. With his wealth of experience and knowledge, Chris delves into critical topics that form the backbone of a thriving business, such as budgeting, labor rates, and operating expenses. He offers a wealth of practical tips and real-life examples, ensuring that listeners can easily grasp and apply these concepts to their own ventures.Chris places a strong emphasis on the importance of maintaining a clear separation between personal and business finances, a fundamental practice that can prevent future financial complications and ensure the business's financial health. He also discusses the necessity of setting appropriate labor rates, a crucial factor that directly impacts profitability and competitiveness in the market. Understanding and managing costs is another key area Chris covers, providing insights into how technicians can effectively control expenses to maximize their business's financial performance.In addition to these financial fundamentals, Chris highlights the critical role of marketing in the success of an auto repair business. He promotes Shop Marketing Pros, a company renowned for its specialized services tailored to the needs of auto repair shops, underscoring the importance of leveraging expert marketing strategies to attract and retain customers.Overall, this episode serves as a comprehensive financial roadmap for technicians who aspire to transition into successful shop owners. With Chris Cotton's expert guidance, listeners are equipped with the knowledge and tools needed to navigate the financial landscape of the auto repair industry confidently.Introduction and Sponsorship (00:00:05)Coach Chris Cotton introduces the podcast and promotes Shop Marketing Pros for auto repair business marketing.Post-Thanksgiving Reflections (00:01:05)Chris shares insights on the light business week before Thanksgiving and discusses consultations with aspiring shop owners.Identifying Budgeting Challenges (00:02:09)He addresses the common struggles of technicians transitioning to shop ownership, particularly with budgeting and resources.Building a Blueprint for Success (00:02:45)Chris outlines the plan to create a financial blueprint for a potential shop owner, focusing on sales and budgeting.Location Considerations (00:03:06)He emphasizes the importance of choosing a proper location for the shop to avoid community issues.Financial Planning for Owners (00:04:10)Discussion on how aspiring owners can sustain their income and manage cash flow during absences.Understanding Business Expenses (00:05:06)Chris highlights the various expenses involved in running a shop, including utilities and licensing fees.Starting with a Budget (00:06:17)He discusses the importance of having a financial cushion and outlines options for starting on a...
Ever wonder what differentiates successful businesses, especially in the automotive aftermarket? Do you have a strong interest in great leadership, business strategies, and the desire to uncover just how successful business people achieved or executed their success?
Remarkable Results Podcast is for you. The podcast interviews successful automotive aftermarket professional service entrepreneurs to discover their business success stories. The show also interviews technicians, shop managers, technicians and leaders from distribution and manufacturing.
Listen to Learn each week, and strive to take just one thing away with you … One thing that sparked an idea or action within you, that you can implement or pass on. Our guests' stories will show that Remarkable Results come in many forms and fashions, some instant and many more disguised as daily challenges that were overcome.