Retail

As the retail industry experiences major shifts in consumer behavior, clients have relied on Strothman and Company to help them survive – and thrive despite demanding conditions. We are proud to be their trusted advisors.

We provide accounting, auditing, innovative tax service and much more. We thoroughly understand that your profits come not only from sales but from smart purchasing. Our deep experience in retail allows us to walk with you every step of the way to create state-of-the-art purchasing systems and inventory tracking. We provide operational analysis to support effective payroll decisions. We can help you with procedures for keeping receipts, sales records, loan statements, bank information and past tax data. In many cases, our team functions as an outsourced CFO or controller, maintaining consistent contact and regularly reviewing financial statements, developing and interpreting dashboard metrics, and staying on top of operational ratios. We are your go-to resource for in-house accounting software tailored specifically to your needs and can train staff members to make it impactful. In the face of multiplying Internet competitors, we have helped many retailers carve out specialty niches and stay competitive.

Our team is committed to increasing your profitability, improving your competitive position and reducing your operating costs. It’s a dynamic marketplace, and Strothman and Company provides steady guidance from startup, to expansion, to maturity of your retail business.

Our consulting services for the retail industry often include:

  • Bank finance assistance
  • Benchmarking analysis
  • Business succession planning
  • Business valuation
  • Cost-based accounting
  • Employee benefits consulting
  • Internal control assessment
  • Inventory control analysis
  • Merger and acquisition assistance
  • Operational assessment
  • Strategic planning
  • Technology consulting