A high consumer confidence, increase in discretionary spending and availability of low interest rates are ideal conditions for dealerships to grow. Honkamp Krueger understands that the dealership industry is facing tight regulations, decreased margins, increased online competition, and a continued vulnerability to market conditions. HK will partner with you to take advantage of ideal market opportunities and mitigate risk and competition.
Ways we can assist include but are not limited to:
- Sales tax issues, including nexus if you are selling to multiple sates
- Income tax issues
- Employee turnover
- Private equity groups offers
- Retirement plans that benefit both the owners and employees
- Fraud prevention with the establishment of internal controls
- Business transition, exit planning and estate planning
- Captive insurance and reinsurance programs
- Buy-sell agreements
- Data analytics
Contact us today to get started with our dealership specialists.