In the Market to Sell a Dealership?
by Ken Rosenfield, CPA, Managing Partner The past year has seen a tremendous increase in the sale and acquisition of dealerships. Prices for most franchises are at an all-time high. For buyers, be aware that we are currently in a “Seller’s Market” as the list of buyers is larger than that of sellers. With the […]
Don’t Lose Money in a Buy/Sell Because of Sloppy Accounting
By Kenneth R. Rosenfield, CPA The past few months in the automotive retail industry have been very challenging, to say the least. Among the issues the industry is facing: A new President, looming trade tariffs, tax incentives for US manufacturing, import issues, tax breaks and possible elimination of the interest deduction. Manufacturers are also being […]