Automotive Dealerships
Welch LLP has been working closely with owners of automotive dealerships in Eastern Ontario for more than 5 decades. Our comprehensive approach to providing professional services for all aspects of the dealership as well as the ownership group ensures that no tax or financial planning opportunities are overlooked and all interests are taken into account when working on long term strategies.
Welch LLP's current client list accounts for over 30 automotive dealerships and leasing companies, a further 20 companies in related parts, repairs and maintenance as well as a number of dealer associations. The knowledge and experience we have in this sector is key to helping our clients gain insight into their business. This results in timely and reliable recommendations thereby allowing you to concentrate on the fundamentals of growing the business.
Welch LLP is a member of the AutoCPA Group in the USA. This association is a valuable resource for emerging issues, information and advice. The AutoCPA group consists of 27 professional audit firms representing approximately 15% of all car dealers in the USA.
In addition to the full spectrum of services available, we can provide assistance with activities directly related to managing an automotive dealership business, including:
- Operational Reviews
- Inventory Controls
- Internal Controls
- Dealership Valuations
- GST & Ontario Sales Tax
- Cash Controls
- Fraud Investigations
- Tax Planning and Reviews
- Succession Planning
- Net Worth Statements
- Cash/Expense Management
- Financial Computer Systems
- Business Outsourcing
- Reorganizations