specialisms - retail

On the face of it, retail trading is the simplest form of business, but it brings its own particular challenges. The profitability of a retail business is determined by just three main factors - sales, gross margin and overheads. Maximising the first two, whilst minimising the third will theoretically achieve the biggest bottom line profit. But it’s easier said than done.

The independent retail sector has been hit hard by the constant advance of the supermarket chains, and their 24 hour opening, and more recently by the surge in internet trading. However there are still great opportunities for retail businesses, particularly in niche markets where customer service is a priority.

   
   

Specialist retailers, multi-branch networks of shops, virtual shops on the Internet - we have extensive experience of all of these and we have helped a number of our clients grow from initial start up to becoming multi-million pound enterprises. Forward planning and first rate accounting systems are at the heart of any successful retail operation, and we are fully equipped to provide the optimal solutions to your business. 

We currently provide the following services to our retailing clients -

Timely annual accounts

IT system design, implementation and training

Monthly or quarterly management accounts

Payroll Bureau

Auditing

Strategic Business Planning

Tax planning and compliance

Acquisitions and mergers

VAT service    

For more information contact George Primrose. Visit the Case Studies page to read Retail client testimonials.

 
   
     
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