Retail Businesses

The retail industry faces heavy competition, regardless of the type of business you operate. We provide you with small business CPA help and directions to maintain your profit margins, even during these tough economic times. In the retail industry, supply and overhead costs can make or break a business. To fully understand these costs, you need timely information and counsel from people who understand your business and market place.

The ever-changing retail environment requires business owners, like you, to make changes to your business strategies, adapt to more efficient and leaner

cost structures, all while complying with increasingly more demanding tax regulations. These regulations continue to be complex and difficult to understand. The goal of maximizing business profits and cash flows is challenged each day. All of these factors make decisions about the direction of your business complicated. Our team of professionals can help you address these challenges and capitalize on opportunities by providing clarity about the tax and audit issues faced in your industry.

Specialized retail accounting, tax and advisory services:

  • Acquisition due diligence
  • Budgeting and financial projections
  • Business tax planning + preparation
  • Business valuation + consulting
  • Buy / sell services
  • Cash flow analysis
  • Commercial real estate consulting
  • Consulting regarding new location considerations
  • Cost segregation studies for new facilities
  • Federal, state and local tax credits + incentives
  • Financial statement preparation, audit, review or compilation
  • Internal controls consulting
  • Inventory management
  • Tip allocation
  • Maintaining fixed assets ledgers – GAAP and tax basis
  • Operational reviews, overhead analysis
  • Outsourced CFO/Controller services
  • Payroll and local & state tax returns
  • Profitability assessment
  • Retail industry benchmarking analysis
  • Sales and use tax consultation
  • Shoplifting theft benchmarking
  • Strategic business planning including succession planning

Our retail accounting services are affordable for businesses of any size and we extend a free initial consultation. Contact us today at 323-510-5430 to learn more about our retail accounting and tax services or request a consultation online now.