News

Dealers offered free guide to short-term business planning as coronavirus crisis continues

Time 2 years ago

CAR dealers are being offered a free guide to short-term action planning in the wake of the coronavirus pandemic.

With automotive retailers not only facing a fall in customer visits as well as having to make various large payments such as tax in the next few weeks, MHA MacIntyre Hudson – a national network of chartered accountants, tax and business advisers – has published a downloadable 12-page document compiled by its motor advisory team to help dealers try to avert a potential ‘liquidity and funding crisis’.

It adds that potential financial support is available for businesses, and areas the document covers include cashflow forecasting, deferral of mortgage payments, tax savings, plus maximising sales and aftersales revenue.

Advert

The PDF can be downloaded via this link.

It comes as ecommerce specialist SilverBullet is offering dealers a three-month free trial of its product, in association with Peter Vardy, to help dealerships connect online with customers who don’t want to travel to them.

MORE: Coronavirus – What dealers are doing to cope with the crisis

MORE: Manufacturers halt production for now because of pandemic


MORE: NFDA urges government support for car dealers during virus outbreak

 

Car Dealer Magazine's avatar

Car Dealer has been covering the motor trade since 2008 as both a print and digital publication. In 2020 the title went fully digital and now provides daily motoring updates on this website for the car industry. A digital magazine is published once a month.

More stories...

Advert
Server 51