{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Changing The Industry Podcast","title":"Episode 256 - Why Most Shops Miss Out on Profits With Eric Joern of Kaizen CPAs","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0ef1f46d\"></iframe>","width":"100%","height":180,"duration":3958,"description":"In this episode, Lucas and David are joined by Eric Joern for a deep dive into the realities of small business financial management in the auto repair industry. Eric stresses the importance of starting with a plan and leveraging professional guidance, rather than relying on risky trial-and-error approaches. The discussion highlights why using proper shop management systems and separating business finances is critical for long-term success.00:00 \"Valuable Business Advice and Insights\"10:15 Sales Tax Responsibilities Explained15:34 Simple Budgeting for Profit17:02 \"Essential Shop Management Systems\"21:40 Shop Parts Tracking Essentials29:56 \"Seeking Proactive Tax Guidance\"35:04 \"Importance of a Knowledgeable Accountant\"38:10 \"Proactive Tax Planning Conversations\"43:34 \"Inventory's Tax Impact Explained\"49:10 \"Smart Tax Strategies Explained\"55:24 Focus on Strengths, Delegate Tasks01:02:42 Excited for Business Improvement","thumbnail_url":"https://img.transistorcdn.com/TmFutVBA2CXrbhzBSzhfJLpfqgewMMYGUnLcyfdNyvc/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM3ODY2LzE2NzQw/ODM5MjItYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}