Is it time to expand? Caution is the name of the game when bulking up for a recovery

Description

Abstract: Sales are finally recovering in most states, and banks are lending again. So, it might be time for many dealerships to renovate, repair or expand to stay competitive in their market. But how to be sure? This article discusses how to look at market forecasts and examines the scenario analysis tools a CPA can use to evaluate whether an investment makes sense. A sidebar offers some tax reasons why expansion might be a good idea in 2012.