As a result of working with franchised and independent motor dealerships for many years, we understand how automotive retailers function and the conditions under which they operate. They run businesses in a highly competitive market, and deal with complex financial arrangements, including finance and insurance deals, vehicle leasing, warranties, dealer incentives and bonus payments. Sector experience enables our motor retail team to provide practical advice on how to tackle such matters effectively. At Henderson Loggie, we find that our core compliance work is key to ensuring that dealerships can maximise profits, improve cash flow and improve financial reporting processes.
We act for a wide range of clients in the motor retail trade, ranging from small garages to large multi-franchise motor dealerships. With our Partner led and proactive service, we build strong relationships with our clients. With considerable experience in this sector, we are well placed to advise our clients, adding real value to the operation of their business allowing our clients to focus on taking the business forward.
As the only Scottish member of MHA, a national association of UK accountancy firms, we work closely with the MHA national motor retail team, which has experience of working with several Top 100 UK Dealers, in addition to manufacturers and international dealer groups.
Readily available access to this expertise, along with advice from our tax and corporate finance teams, means that we are well placed to identify tax savings, profit improvements and strategic opportunities specific to those running motor retail operations.
Ian Cameron is head of our motor retail sector group.