They are the very best at what they do and make decisions for my company as if they have a vested interest in my success.
ARB has worked with auto dealerships throughout New England for more than 45 years. We invest significant time in training and continuous learning for our team at all levels, so they understand the industry, its sensitivity to economic fluctuations, and the unique reporting, accounting, and operational needs of auto dealerships – dealerships are our passion – whether single-points or dealer groups!
How We Do It
ARB is a full service certified public accounting and business consulting firm with a team of professionals who specialize in providing quality and timely services to auto dealerships. We are able to identify problems and offer savvy solutions to help improve the efficiency of your operations and increase profitability. We provide benchmarking analyses, financial statement and tax preparation, M&A services and business valuations alongside a comprehensive suite of additional dealership focused services.
Auto dealers have a high volume of high value transactions each day making employee theft tempting. We can help you review your internal controls to minimize the opportunity for fraud.
Owners and investors can get answers to questions and rely on annual financial statements for an accurate look back at the prior year’s performance of a dealership or group.
For the auto dealership and its owners, tax planning is critical to minimize taxes due. In addition, we handle the compliance and filing for both the business and individuals.
We can help you see what areas of the dealership were most profitable and that trendline show over multiple years including benchmarking for the industry.
In coordination with a third party, we can provide anti-fraud consulting and fraud investigations when there is suspicion of wrongdoing.
Auto dealerships frequently engage in M&A so we have a lot of experience with helping both buyers and sellers with due diligence, tax planning, and post-deal accounting.
How do salaries and wages at your dealership stack up against the competition? We can tell you!
There are many reasons why an auto dealer may need a business valuation. In coordination with a third party, we can help.
How We’re Helping Our Auto Dealership Clients
Growth by Acquisition: Dealerships that want to grow by acquisition need skilled representation during each phase of the transaction. We want our clients to pay a fair price, perform sound due diligence, and successfully integrate the acquisition into their existing operations. This is what we do…and more!
Operational Reviews: ARB offers a unique perspective. Due to our extensive dealership relationships we have a keen understanding of auto industry best practices. We regularly assess dealership processes and internal controls and assist our clients with designing a system that better protects a dealerships assets and maximizes profits.
Team Training: Using our Dashboard report, we participate in client management meetings helping the dealership team to understand the numbers “from an accountant’s perspective.” During these meetings we have an open dialogue with the dealership’s team about what they are doing well and where they can improve.
Professional Representation: Our dealership team has a reputation that is second to none with various lending institutions and other professionals in the automotive industry. We work closely with our clients to provide their other advisors and financial partners with information that is useful and timely.
Auto Dealership Resources
ARB recognizes that to remain competitive, auto dealerships must continually analyze their performance and market trends. For years we’ve offered “The ARB Dashboard”, a custom-designed, financial benchmarking tool to give dealership clients a clearer picture of their operational statistics, their profitability, and areas of opportunity. In early 2020 we’re releasing a new model. Stay tuned!
Headlights, our quarterly newsletter, contains up-to-date insights and information. Kind of a financial GPS for auto dealerships.
To sign up for Headlights, please contact Bart Haag in Albin, Randall & Bennett’s Auto Dealer Services Group.
Our commitment to auto dealerships is evident in our participation in numerous associations and trade groups, such as the AutoCPA Group, a national association of independent accounting firms serving more than 2,000 dealerships across the country.
What Our Customers Say
I trust them and value their role.
They continue to be incredibly responsive. They ask good questions of us to make sure we’re doing our due diligence, and if they think we need to tighten up things, they address it.
They are my sounding board. I don’t confide in a lot of people, but I would be hard pressed to run my business without someone like them.
ARB understands our business, they have expertise, they’re easy to work with, and they’re available if we have a question.
ARB is committed to our success. They really care and are committed to their clients.
I appreciate not only ARB’s technical abilities, but also their business sense.
ARB’s greatest strength is understanding the circumstances of the small business owner, especially in manufacturing realm. As businesses grow, they create more complexity and sometimes they need guidance to help them have better and more timely accounting functions and information. ARB has good people to help navigate that.
We get incredible value for what we’re paying.
It’s a very collaborative relationship.
Practical and knowledgeable. They are very familiar with my industry.
I have nothing but good things to say about them. Very impressed by what they know, and their ability to speak normal English during heady tax stuff.
They don’t just file our returns and send them out, they strategize and plan ahead so we’re not surprised. That level of understanding makes them more of a partner.
They’re local and that’s important. We want to support people who support us. And we get better service from people who are local.
They are genuine. I feel like I am talking to a friend or someone I can trust. When I call to ask for advice, I don’t feel like I’m bothering them or that any question is stupid.
They are great people, and do great work. Everyone who knows them, loves them.
Auto Dealership Team Leaders
Barton D. Haag, CPA | ARB Principal
Auto Dealership Practice Leader
Bart joined ARB in 1996 and is a Principal with the firm. The growth of ARB’s Auto Dealership Group is a natural result of consistently anticipating the needs of dealerships and providing savvy, sensible, and customized services at fair prices.