To remain profitable in a highly competitive marketplace, retailers need to take a strategic approach to pricing and look for opportunities for new efficiencies and cost savings.
Suppliers, importers, large chain stores, changing demographics and new sales channels all present challenges for the retail industry.
In a tough environment, retailers find themselves competing for business by focusing on low prices. It’s no surprise that this can lead to low or non-existent profits, leaving no cash to take advantage of exciting opportunities like ecommerce, social media and branding.
Improving your bottom line
We help retailers find solutions to these kinds of challenges. Our industry experience over many years allows us to align to our clients’ strategies and help them improve their bottom line.
We take full advantage of software convergence and the latest electronic information transfer techniques to identify the drivers of business performance and opportunities for improvement.
Our use of technology allows us to customise monthly reports highlighting your business’s KPIs, measure the profit contribution of your individual products, efficiently compile financial information to maximise your tax benefits – and more.
Helping you excel
We work with small cafes right up to listed national retailers and have many pharmacies, homewares and fashion retailers amongst our clients.
Our retail clients consistently perform well above industry average benchmarks. Talk to us about how we can help you with:
- Business structuring and growth strategies, including advising on franchise structures
- Asset protection
- Cash flow management
- Outsourced accounting
- Tax structuring
- Financial planning and wealth creation
- Valuations, purchases and sales
- Succession planning.