Separating Profit Centers in Financials [E082] - Business By The Numbers

<p>This week on Business by the Numbers, Hunt discusses the challenges in a multi-service auto repair business, focusing on misconceptions about profitability. He analyzes a Trucking Business and the power of accounting such as: &nbsp;</p><ul><li>Understanding direct, labor, and overhead costs. The role of accounting tools in revealing true financial insights and evaluating hidden and opportunity costs.&nbsp;</li><li>The pivotal decision to shut down an unprofitable transport sector leading to growth in</li><li>the primary business. </li><li>An accountant's role in providing clarity and empowering business owners to make</li><li>informed choices.</li></ul><br/><p>Thanks to our partners, <strong>NAPA TRACS </strong>and <strong>Promotive</strong></p><p>Did you know that <strong>NAPA TRACS</strong> has onsite training plus six days a week support?</p><p>It all starts when a local representative meets with you to learn about your business and how you run it.&nbsp; After all, it's your shop, so it's your choice.</p><p>Let us prove to you that Tracs is the single best shop management system in the business.&nbsp; Find <strong>NAPA TRACS</strong> on the Web at <a href="https://my.captivate.fm/NAPATRACS.com" rel="noopener noreferrer" target="_blank">NAPATRACS.com</a></p><p>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 <strong>Promotive</strong>, a full-service staffing solution for your shop. <strong>Promotive</strong> 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<a href="http://www.gopromotive.com/" rel="noopener noreferrer" target="_blank"> www.gopromotive.com</a>.</p><p>Paar Melis and Associates – Accountants Specializing in Automotive Repair</p><p>Visit us Online: <a href="http://www.paarmelis.com/" rel="noopener noreferrer" target="_blank">www.paarmelis.com</a></p><p>Email Hunt: <a href="mailto:podcast@paarmel