We focus on the challenges you face to get you from one place to the other.
Automotive & Manufacturing
Automotive
Auto dealerships are unique. You need business advisors who have experience working with dealerships and understand the challenges you face. Our dedicated professionals understand the rapidly changing automotive industry and proactively stay on top of newly developing regulations that affect your business. With your goals in mind, our goal is to be your trusted partner and advisor, so you can focus on your business operations.
As an associate member of the North Carolina Automobile Dealers Association (NCADA), you can trust that we stay current on news and trends affecting the automotive industry.
Manufacturing
Our team understands the specific needs of the innovative manufacturing industry. With rapidly improving technology, regulations, and market diversification, our experienced team helps guide clients through strategic and tailored strategies to achieve and surpass desired business goals. Success in this demanding sector is dependent upon swift management decisions, an accurate prediction of future trends and the ability to reduce costs and enhance operational efficiencies.
Some of the services we provide to our Automotive & Manufacturing clients include:
- Audits, Reviews and Compilations
- Federal, State and Local Tax Planning and Compliance
- Financial Statement Preparation
- Audits of Retirement and Employee Benefit Plans
- Business Valuations
- Fraud/Forensic Investigation
- Multi-State Tax Planning
- Succession Planning
- Cost Segregation Studies
- Budgeting and Cash Flow Management
- Estate Planning
- Outsourced Accounting
- Internal Control Evaluation and Review
Brian Schepperley
Partner
AUTOMOTIVE & MANUFACTURING NEWS & INSIGHTS
How Industry 4.0 Can Fuel Growth Amid Economic Uncertainty
Manufacturers have long known about the benefits of investing in Industry 4.0 improvements. As economic headwinds build, business leaders face a difficult choice about how to prioritize capital investments. In many cases, costly, long-term projects will be put on the back burner in favor of quick wins that can deliver a rapid return on investment.
Potential Tax Benefits of Capital Investments for Auto Dealerships
Auto dealers are navigating unprecedented market conditions, and most are experiencing an improved bottom line and healthier cash flow. Many dealers delayed making major capital improvements or significant purchases of personal property during the pandemic due to the volatile circumstances and concerns around potential shutdowns.
A Value Perspective on the Auto Dealership Industry: Today’s Competitive Landscape and Looking Ahead
Editor’s note: This is the third part of a three-part series.
Haig Partners is an investment bank that publishes an industry report tracking trends in auto retail and their impact on dealership values. These multiples allow valuators to obtain market values for comparable assets by converting to a standardized value relative to a key statistic.