Automobile Dealerships

iStock_000010037918Medium-250x167Auto dealerships are unique. The nature and business climate of the industry is changing due to increased competition, e-commerce and manufacturer intervention. These forces have made it a necessity for dealers to clearly define their vision and strategic direction.

Considering the challenges you face, you need business advisors who have experience working with dealerships. Melton & Melton has the experience to assist your organization with your accounting, tax and consulting needs. We have provided services to auto dealerships for nearly 50 years. Our team keeps up-to-date on the changes impacting your industry and we remain very involved with our clients and their financial needs throughout the year.

We are members of the Driving Force Automotive Consulting Group. Driving Force is a national select network of CPA and consulting firms that come together to provide the highest quality financial accounting, tax and business advisory-related services to dealerships.

Melton & Melton is also a member of the Houston Automobile Dealers Association (HADA). HADA is the local backbone for Houston’s automotive industry. They provide educational seminars and workshops, legislative representation, community service programs and services designed to assist franchised new car and truck dealers. HADA promotes and maintains a competitive automotive industry in Houston and the individual communities their members serve.

Going beyond the basics, we are able to leverage deep industry knowledge and extensive experience through our memberships to provide you with proven, value-added solutions for your unique challenges.

Our team’s capabilities include:

  • Audit and assurance services
  • Compliance services of tax preparation and filings
  • LIFO inventory calculations
  • Ownership structures
  • Cost segregation services
  • Financial report preparation
  • Internal control review and documentation
  • Mergers and acquisitions
  • Operating statement analysis
  • Strategic planning
  • Succession planning
  • Tax planning

For more information, please contact: