My local NAPA store...

[Gary Allan]

I agree, but lets be honest here. Have you ever seen a tax that hasn't been ultimately raised? A budget that's been cut? I mean there have been unicorns, but always with side effects that take the same or greater toil.

My borough had no or low property tax increases for a long bought, but the water and sewer fees tripled. Some people were very proud of not raising taxes.

If property taxes are going to be reduced, the most sensible outcome is a "shift" in taxes. For the alleged beneficiary of any such evolution, they would have to perceive that shift falling upon someone other than themselves. Again, they should see the fall out in one form or another if they're a discretionary income business enterprise.

 

[JustinH]

I could do without napa for the most part. Their parts are usually high quality, but are very expensive. We are getting into the age where internet vendors will overnight you a part for far cheaper than any of the local parts vendors, no sales tax as well.

Its not just Rockauto, they have just become well known. There is a new one called AM Autoparts that runs a huge ebay store, and a regular web store. Some of their prices are literally half what you would pay at autozone or advance auto.

They also sell a couple grades of most parts, so if you want to go chinese cheap you can, of if you want the better part you can pay a little more.

This is much better than playing "mystery box" buying a part at napa, advance, or autozone.

 

[benjamming]

JustinH,

I've never had an e-tailer deliver my part the afternoon (or Saturday) that I accidentally break it.

 

[GROUCHO MARX]

The guy at the NAPA store said that paying his taxes was a problem and he enumerated it as a reason for closing the business.

Somehow, he's not permitted to have this opinion. Some others have a better feel for THIS business than the guy actually managing it.

 

[TooManyWheels]

Originally Posted By: GROUCHO MARX
The guy at the NAPA store said that paying his taxes was a problem and he enumerated it as a reason for closing the business.

Somehow, he's not permitted to have this opinion. Some others have a better feel for THIS business than the guy actually managing it.


What theory does he use in deciding that taxes are the problem? He could just as easily have said that any (or all) of his other expenses were a/the problem. A dollar of expense in one category flows to the bottom line the same as a dollar of expense in another category. Does he have some fancy new accounting or mathematical theory that makes addition and subtraction work differently depending on your personal views?

 

[Win]

Originally Posted By: TooManyWheels
Originally Posted By: GROUCHO MARX
The guy at the NAPA store said that paying his taxes was a problem and he enumerated it as a reason for closing the business.

Somehow, he's not permitted to have this opinion. Some others have a better feel for THIS business than the guy actually managing it.


What theory does he use in deciding that taxes are the problem? He could just as easily have said that any (or all) of his other expenses were a/the problem. A dollar of expense in one category flows to the bottom line the same as a dollar of expense in another category. Does he have some fancy new accounting or mathematical theory that makes addition and subtraction work differently?


Spend $25K on a roof for your building, it benefits your building and business.

$25K robbed from you by the tax man, is $25K you can't spend to benefit your property or business.

The effect of the two expenses are not comparable.

 

[Crashbox]

That is really a bummer to hear, Pablo. Was that the NAPA at the far end of Carnation in the real old building, on the right-hand side as you're heading (south)? I remember doing a paving job through the town back in '97 or so and recall seeing a NAPA there.

Losing a NAPA store is almost like losing a good friend- I've always liked their stores, people behind the counter who are COMPETENT.

 

[Pablo]

That's the one. Not REAL old maybe 1960's or so....

 

[tonycarguy]

Unless taxes went up for him only, and not for his competitors, he can't blame taxes. He's not the only business there that pays taxes. How did the other retailers survive?

 

[Pablo]

He is NOT blaming taxes only. It's just that is what is sucking his life blood dry and with the end of the year on him, he knows what will be due soon. He just can't staff up to take care of all the tax accounting, and he can't afford an accountant to do it all. Other stores, with larger, more affluent customer bases just pass the tax expenses on.

 

[Gary Allan]

You should have hooked him up with Drew. Drew could get a second career and keep his current skill set intact by providing a much needed utility to this guy. Relocating ...hmm

Networking, Pablo ..and opportunities lost

 

[GROUCHO MARX]

He is NOT blaming taxes only. It's just that is what is sucking his life blood dry and with the end of the year on him, he knows what will be due soon. He just can't staff up to take care of all the tax accounting, and he can't afford an accountant to do it all. Other stores, with larger, more affluent customer bases just pass the tax expenses on. [/quote

Okay, so tax compliance is his problem. How do other retailers do it? Tax compliance costs are a much smaller percentage of their gross income.

When you have to have hired guns to do this due to complexity, it can hurt a ma and pa type of small business. I always reccommend not paying an accountant to do bookeeping as it's an unnecessary expense. Do as much bookkeeping in house as possible and bring accountants in for the closing transactions when needed.