Remarkable Results Radio Podcast

In this week's episode of Business by the Numbers, Hunt Demarest, CPA, discusses the critical decision of whether auto repair shop owners should buy their current building or move to a new location. With skyrocketing real estate costs and fluctuating interest rates, understanding the financial implications of this decision is more important than ever. Hunt breaks down how to calculate the impact of such a move on your shop’s bottom line.Key Points:Weighing the pros and cons of buying your shop’s building vs. relocating.How to calculate the financial impact of moving or purchasing real estate.Understanding the role of gross profit percentage in your decision-making process.Real-world examples of auto repair shops navigating these tough decisions.Key factors to consider when forecasting sales and profitability after a move.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 bu