CLOSELY HELD + family BUSINESS
Retail
There's a certain immediacy to retail, a proximity to the customer. Announce a promotion, expand a product line, select a location, change a pricing strategy—and it's not long before you see the impact on your business. Perhaps that's why retail is considered to be one of the riskiest sectors of the U.S. economy.
As an owner or executive of a retail business, you know the risks firsthand. On an ongoing basis you make literally hundreds of decisions that directly impact the profitability and long-term success of your company. Decisions that require experience and expertise in a broad range of disciplines.
That's where we can help. Bader Martin's retail professionals are skilled advisors in the accounting, tax, financial and general business matters that impact the success of your retail business.
Maybe you're thinking of adding a new location or moving an existing one and have concerns about the financial implications and potential tax considerations. Or you're a new business, in need of advice regarding banking relationships, access to capital, and the most advantageous accounting and inventory methods for your operations.
Perhaps you're looking for ways to reduce expenses, renegotiate a lease or enhance your cash flow in a tough economy. Or you need to review and enhance your financial and operational controls to reduce the potential for fraud. Or you just want help with your financial statements or tax returns.
We have a track record of helping retail businesses with the services and advice they need to succeed. Our clients include retailers in the luxury and
consumer goods, home furnishings and home improvement, food products, restaurant supplies, clothing, and sporting goods
sectors, as well as various specialty retailers.
Retail Services
As a client of our retail practice group, you'll benefit from services in the following categories:
Advisory Services for Retailers
Capitalization and Financing
Succession Planning, Exit Planning and Transitions
Tax Compliance and Consulting
Accounting and Assurance
Advisory Services for Business Owners and Executives
Advisory Services for Retailers
- Accounting practices, including choice of inventory method and accounting for gift cards
- Real estate consulting, including lease analysis and cost segregation studies
- Expenditure planning, including budgeting and cash flow analysis, lease/buy consulting, major transactions planning
- Compensation and fringe benefits consulting and modeling
- Retirement planning
- Choice-of-entity consulting to minimize tax consequences and personal liability, and maximize personal compensation
- Succession planning, business continuation and buy/sell agreements
- Governance consulting
- Process and profitability enhancement
Capitalization and Financing
- Debt versus equity decisions
- Equity structuring and classes of equity
- Loan negotiations, loan reviews and analysis of loan alternatives
- Lease versus purchase decisions
Succession Planning, Exit Planning and Transitions
- Goal setting and evaluation of alternatives, including consideration of familial and cultural issues
- Mergers, acquisitions and dispositions
- Buy/sell agreements
- Liquidity analysis
- Compensation planning
- Insurance planning
- Recapitalization and reorganization consulting
- Negotiations and implementation assistance
- Prenuptial and post-nuptial agreements
- Due diligence
Tax Compliance and Consulting
- Inventory method consulting
- Representation in connection with IRS and state and local tax examinations
- Tax minimization strategies that encompass both income and self-employment taxes, as well as estimated tax planning and retirement plan structuring
- Sales tax consulting and audits
Accounting and Assurance
- Financial statement audits, reviews and compilations
- Accounting and bookkeeping services, including data entry and troubleshooting
- Online accounting for QuickBooks® and Sage Peachtree® systems
- Training on accounting-related topics
- Forensic accounting and fraud audits
- Internal control studies
Advisory Services for Business Owners and Executives
- Wealth planning, including retirement planning, portfolio and investment monitoring, real estate transactions, education funding
- Estate planning
- Charitable giving and private foundations
- Expenditure planning, including budgeting and cash flow analysis, lease/buy consulting, major transactions planning
- Financial reporting, including personal and family financial statements
- Asset protection, including personal liability protection, disability and health care planning, divorce consulting and pre- and post-nuptial agreements, bankruptcy consulting