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 Allowance
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: