{"podcast":{"title":"Business By The Numbers","slug":"business-by-the-numbers-5045738","podcast_index_feed_id":5045738,"rss_url":"https://feeds.captivate.fm/huntdemarest/","website_url":"https://huntdemarest.captivate.fm","image_url":"https://artwork.captivate.fm/74da9917-c9d9-4429-8179-0c0ac4dfe2d9/Hunt-Demarest-CoverArt-2025.jpg","author":"Hunt Demarest","episode_count":248,"summary":"Hunt Demarest, CPA has consistently provided his financial business acumen to help move the industry toward greater heights of success and profitability. Hunt was recently referred to as a \"terrific advocate of the aftermarket.\" He is the author of the book, Your Perfect Shop: How to Start, Run & Sell a Profitable Shop. In this book, he compiled some of the best practices for auto repair shop owners, whether they are just starting or have been in the business for years. Hunt's podcast will provide a core understanding of the financial aspects of running an auto repair shop.","last_synced_at":"2026-09-10T12:31:46.620298+00:00","page_url":"https://stenobird.com/podcast/business-by-the-numbers-5045738"},"episode":{"title":"Is Your New LLC Protecting You Or Quietly Costing You Money?? [E234]","slug":"is-your-new-llc-protecting-you-or-quietly-costing-you-money-e234","published_at":"2026-08-05T04:15:00+00:00","page_url":"https://stenobird.com/podcast/business-by-the-numbers-5045738/is-your-new-llc-protecting-you-or-quietly-costing-you-money-e234","show_page_url":"https://stenobird.com/podcast/business-by-the-numbers-5045738","url":"https://automotiverepairpodcastnetwork.com//hunt234","audio_url":"https://episodes.captivate.fm/episode/cc353c40-169a-4e6d-bc9b-22473b5e455e.mp3","summary":"Thanks to our partners Promotive, WickedFile, Maverick Shop Owners, and Overdryve Is your new LLC actually protecting you, or just quietly draining your bank account? Before you file paperwork for that second location, that self rental, or that \"clever\" loaner car company, there are three questions you need to answer first. In this solo episode, Hunt Demarest, CPA with Paar Melis & Associates, breaks down the real decision making framework behind one of the most common questions he gets from shop owners: should I create a new entity for that? Hunt walks through four real world scenarios, opening a second location, renting your building to yourself, running a loaner car fleet, and building out a management company for multi location groups, and exposes exactly where shop owners get legal protection wrong, waste money on unnecessary tax complexity, or set themselves up for a self dealing problem they didn't see coming. Whether you're eyeing a second bay across town or you're already juggling five locations and a maze of S corps, this episode is the entity structuring gut check every shop owner needs before signing anything. What You'll Learn... 00:00 Intro 00:16 Should you create a new entity? The real question behind it 02:51 The 3-question test — legal liability, tax implications, and overall cost 04:50 Scenario 1 — Opening a new location 05:09 Ownership structure — the deciding factor that changes everything 06:48 Same entity vs. separate entity — the litigation reality 09:14 What a second entity really costs (and when it's worth it) 10:18 Hunt's rule of thumb — shared customers vs. separate markets 13:46 Scenario 2 — Should your building be in its own LLC? 16:17 Scenario 2.5 — The loaner car fleet trap 18:08 Avoiding self-dealing with your rental car LLC 18:37 Sc…","meta_description":"Thanks to our partners Promotive, WickedFile, Maverick Shop Owners, and Overdryve Is your new LLC actually protecting you, or just quietly draining your b…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1372,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/business-by-the-numbers-5045738/episodes/is-your-new-llc-protecting-you-or-quietly-costing-you-money-e234/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/business-by-the-numbers-5045738/is-your-new-llc-protecting-you-or-quietly-costing-you-money-e234.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}