Remarkable Results Radio Podcast

How to Prepare for Disaster [E140] - Business By The Numbers

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Sinopsis

In this episode of Business by the Numbers, Hunt Demarest, CPA, from Paar Melis and Associates, breaks down essential steps every auto repair shop should take to prepare for unexpected disasters. After hearing about a client’s close call during a recent Florida storm, Hunt talks about practical advice, tax implications, and planning tips to safeguard your business. Whether it’s power outages, fire, or lost revenue, this episode covers all the bases to ensure you’re ready for anything.How to evaluate the tax benefits and practicality of purchasing a generator for your shop.Why it’s critical to back up your shop’s data, and how neglecting this can cost you thousands.The importance of having three months of operating expenses saved for unexpected downtime.What types of insurance coverage auto shops should prioritize, including lost revenue insurance?How backup internet options like Starlink can keep your business running smoothly, even in emergencies.Thanks to our partner, NAPA TRACS Did you know that NAPA TRACS