Retail

Giving you the Tools to Maximize Your Profitability

Let’s face it, success in the retail industry only comes to those who plan well and work hard.

Parente Randolph’s retail services team understands the importance of staying ahead of the challenges unique to your business. Our qualified accountants and consultants know how to analyze your current situation and develop a game plan designed to maximize your profits, while helping minimize the impact of shifting consumer loyalty, big box competition, online retailers, employee turnover and security issues.

Parente Randolph’s approach is based on one-on-one meetings, open communication, incisive analyses and tactical implementations. You will benefit from the depth of our resources and experience.

A Bevy of Professional Services

Parente Randolph offers expertise for retail businesses in the following areas:

  • Financial reporting
  • Tax planning and compliance
  • Management planning, reporting and control systems
  • Inventory capitalization (full-absorption) rules
  • Profit contribution analysis
  • Budgets/variance analysis
  • Cost reduction
  • Rate of return and capital expenditure analysis
  • Cash flow management
  • Financial projections and operating budgets
  • Assistance with financing relationships
  • Revolving credit facilities
  • Succession planning or exit strategy
  • Asset-based financing
  • Equity financing/”going public”
  • Mergers and acquisitions
  • Business valuations
  • Buy/sell agreements
  • Internal control studies
  • Audit and assurance services
  • Advice and computation of the newly enacted domestic production deduction available to manufacturers
  • Inventory valuation methods
  • Corporate governance (Sarbanes-Oxley)
  • Fraud and forensic accounting
  • Benchmarking
  • Employee benefit plans
  • Cost segregation studies
Retail
Industries

Industries

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