Retail

As a company in a challenging industry, our experience will help you focus on remaining competitive and viable, and on helping your operation grow its revenue. Our team works with restaurants, grocery store chains, auto dealerships and generational retail businesses. Often our expertise in areas such as state and local taxes, including various tax credits available to the industry, and franchisor- and franchisee-specific issues drive profitability for our retail clients. Beyond compliance we advise on additional areas critical to success, including store profitability analyses; bank financing; incentive programs, such as contribution of food inventory available to certain taxpayers; and family ownership and succession issues. 

Services

We offer many compliance and consulting services critical to the retail industry, including: 

  • Financial statement audits, reviews, compilations and other attest services
  • Tax compliance and planning, particularly for franchisors and franchisees
  • State and local nexus issues, for organizations with multiple locations
  • Strategic business planning
  • Business valuations
  • Common area maintenance (CAM) audits
  • Store profitability/benchmarking analyses 
  • Buy-side and sell-side due diligence
  • Cash flow modeling
  • Budgeting, projecting and forecasting
  • Cost segregation studies
  • Inventory control systems
  • Employee incentive plans
  • Procuring bank financing
  • Business succession planning
  • Estate planning