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Sector specialism - Motor industry

 

Franchised Motor Dealers

Streets has a fresh perspective on the retail British Motor Industry gained from extensive knowledge of accounting, taxation and financial issues facing partnerships, family firms and multi-franchise motor vehicle dealerships.

We have a strong and knowledgeable team of motor industry practitioners who possess an inherent understanding of the specific needs of motor industry professionals. In a modern and vibrant business scene, we can advise, support and help to build your business in the most positive ways.


Streets’ clients include:

• New car franchisees
• New light commercial vehicle franchisees
• New truck and coach franchisees
• New motorcycle franchisees
• Accessory retailers
• Tyre & exhaust Specialists
• After-market retailers
• Warranty suppliers
• Insurance specialists
• Independent vehicle manufacturers


Services:

Our specially developed range of services and packages will provide your business with information, advice and support on:

• Benchmarking business performance
• Accounting and financial reporting systems
• Specialist knowledge of stock management
• Understanding retrospective discounts and bonuses
• Understanding set-aside bonuses and commission structures
• Understanding the value of write-downs and residuals
• Operating demonstrators and tax implications
• Environmental issues

Plus the usual range of services expected of a leading accountancy firm:

• PAYE and payroll
• Annual accounts and record-keeping
• Funding options, including premises, stock and finance
• Business transactions - property, shares, mergers, acquisitions and disposals
• Taxation, including VAT, Capital Gains Tax, Capital Allowances
• Tax-efficient remuneration for directors, partners and sole-traders

 

Motor Trade

With its broader knowledge of the retail British Motor Industry, Streets is well-placed to supply its expertise in business growth and accountancy matters to the important, non-franchise motor trade scene.

Streets has an inherent understanding of the needs of businesses that are generating sound profits in a vibrant and fast-changing environment. Whether sole trader, family or business partnership, we can advise, support and help you to grow.


Streets’ clients include:

• Used car centres
• Used car supermarkets
• Used commercial vehicle centres
• New/Used motorcycle dealers
• After-market specialists
• Warranty suppliers
• Insurance specialists


Services:

Our specially developed range of services and packages will provide your business with information, advice and support on:

• Specialist stock management
• Understanding the value of write-downs and residuals
• Understanding valuations
• Understanding commission structures
• Acquisitions and disposals
• Personal taxation
• Business taxation and planning
• Budgeting and cash-flow forecasts
• Accounting records
• Annual accounts
• PAYE and payroll
• Capital expenditure projects
• Personal financial investment and protection advice*

 

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*Carried out by Streets Financial Consulting plc, which is authorised and regulated by the Financial Services Authority.

 

 

 

 

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