Posted by Anonymous on 04/30/2009 - 15:01
We all know that the U.S. automobile industry is in a world of hurt. Grant Thornton LLP estimates that 3,800 of all of the country's more than 20,000 dealerships would need to close to maintain sales per dealer at 2008 levels. Staggering.
In 2008, 881 U.S. auto dealerships, representing 4.2 percent of the country's total number of dealerships, ceased
operations in 2008 with GM, Chrysler and Ford representing 80 percent of that decline.
So, how are accounting firms that have automobile dealership
niches doing?
Are they diverting internal resources into other established practice niches?
Creating new niches?
What are you seeing in the marketplace?
- 1095 reads
Tags
Accounting and Auditing
Administrative
AICPA
Auditing
Busy Season Daily Workplace Exercises
Careers
Celebrity news
CFO
Consulting
Conversations
Economy
Education
Education and careers
Excel
Excel tips
FASB
Financial Reporting
Firm news
Government
Guest articles
Health care
Human Resources
IFRS
Income tax
International
IRS
IT
Legal issues
Legislation
Marketing
Mergers
PCAOB
Personal Finance
Practice Development
Practice Management
QuickBooks
Retirement
Sarbanes-Oxley
SEC
Self-Improvement
State and Local
Students
Tax
Technology
Training
Trends
Watchdog
Workplace Fitness
Workshops
XBRL




Gail Perry, CPA