The ups and downs in the economy can present unique challenges for the consumer-driven retail industry. Changes in consumer trends and spending habits accelerate quickly, creating a greater urgency for retailers to address new marketplace realities. To remain competitive, retailers must remain focused on operations, mitigate risks throughout the entire organization and reduce operating costs. In short, timely and accurate financial information and advice is critical to making smart decisions.
BST has developed a detailed understanding of the unique issues facing companies of all sizes in the retail sector. In addition to traditional accounting and tax planning services, we offer clients a number of specialized services including profitability studies, lease negotiations, shrinkage assessments, employee benefit planning, compensation agreements, strategic planning, estate and succession planning, merger and acquisition consulting, cost segregation studies, financing assistance and inventory control assessments.