Remarkable Results Radio Podcast
Leisure:Automotive
In this week’s episode, Hunt gets into the financial intricacies faced by auto repair shop owners, from refinancing debts and selling shops to securing new mortgages in today’s unpredictable market. He explores the strategies and tips to steer through the banking hurdles and optimize your financial operations.
• Market Update & Interest Rates: Starting with a quick market update, Hunt discusses the current state of interest rates and how they're affecting both personal and commercial loans. Despite the unchanged rates by the Federal Reserve, the historical highs are impacting mortgage affordability and commercial borrowing costs.
• Loan Acquisition Challenges: The episode sheds light on the complexities of acquiring loans in the current financial climate. Hunt discusses the often opaque criteria banks use to approve loans, offering some tips for what shop owners can do to increase their chances of securing financing.
• Listener Q&A and Acknowledgments: A special thanks to listeners for their engaging questions in the previous mailbox episode. Your curiosity fuels our content, and we’re here to address your concerns, guiding you toward informed financial decisions for your auto repair shop.
• Rapid Fire Tips for Financial Management: Closing the episode, Hunt offers some rapid-fire advice for managing your finances better, from understanding the nuances of loan interest rates to practical tips for ensuring your business stays liquid and prepared for any financial challenges ahead.
Thanks to our partners, NAPA TRACS and Promotive
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
It’s time to hire a superstar for your business; what a grind you have in front of you. Great news, you don’t have to go it alone. 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: podcast@paarmelis.com
Get a copy of my Book: Download Here
Aftermarket Radio Network
Is There Going to be a Wealth Tax? [E115] - Business By The Numbers
So You Think You Want To Open Your Second Location? [THA 377]
Are We Setting Barometers? [E131] - Diagnosing the Aftermarket A to Z
Can Marketing "Even Out" The Workload? [E097] - The Auto Repair Marketing Podcast
The Driving Force: Extraordinary Results with Ordinary People [RR 948]
A Tale of Succession & Success! Mark Fuerbacher's Story at Universal Imports of Rochester. [E161] - Chris Cotton Weekly Blitz
What We Can Learn From The Falco Family Business [RR 947]
Do the "Rich" Pay Their Fair Share of Taxes? [E114] - Business By The Numbers
ASE Subject Matter Experts [THA 376]
That EVIL Word: Profit [E130] - Diagnosing the Aftermarket A to Z
How Population Impacts Marketing [E1096] - The Auto Repair Marketing Podcast
Road to NAPA Auto Care Gold Certified: From Technician to Owner of 6 Locations [RR 946]
The Greatest Act of Selflessness: Kimberly's Kidney Donation Experience [E160] - Chris Cotton Weekly Blitz
A Better Road to Success: Navigating Your SMS and Customer Rapport [RR 945]
Industry SWOT: Strengths Weaknesses Opportunities Threats [THA 375]
Lock Labs, AutoProPad, and NASTF with Mo Ali [E129] - Diagnosing the Aftermarket A to Z
Creating Loyal Auto Repair Customers [E095] - The Auto Repair Marketing Podcast
Are You Measuring Sales by the Minute? [RR 944]
Using Dealership Weakness to Build a Strong Auto Repair Shop - Chris Cotton Weekly Blitz
Create your
podcast in
minutes
It is Free
THIS CAR POD! with Doug DeMuro & Friends!
The Big Three by Donut Media
Car and Driver’s Into Cars
The Carmudgeon Show
Car Dealership Guy Podcast