Motoring

The motor industry has undergone many changes and difficulties in recent years, with legislative changes, fuel prices and taxes, dealer price wars, exchange rates and changing consumer habits and attitudes amounst the factors having a significant effect on vehicle Sales and other related markets.

Competitive advantage comes from close management of cost base and strong reporting information gives the ability to focus on profitable activities, improve or stem less profitable areas, and build business models which are monitored and adhered to.

How we can help

We can help control margins through financial planning and cash flow management. We can assist with design and implemetation of accounts systems or by help with outsourcing of payroll and book-keeping/management accounts systems if required to reduce your fixed costs. Through a regular involvemen with your business we can assist you in building your information systems to make the best decisions for you and your business.

We can also ensure that both you and your company pay the minimum amount of tax, and help you extract money from your business in the most efficient way. A combination of our industry experience and specialist tax knowledge allows us to keep tight control of your operating costs whilst ensuring your tax payments are kept to a minimum.

If you would like to find out what that means for you call us now for a free consultation with one of our Client Relationship Managers or e-mail accountant@davidhoward.co.uk