The retail and wholesale sector is one of the most competitive sectors and most challenging industries. The capacity for small businesses to compete is affected by competition from major groups, suppliers and importers, changing demographics and new sales channels.
An increased pressure to discount stock while maintaining high levels of working capital can put a strain on cash flow and profitability.
Operating in this sector you need the support of an advisor that understands the key drivers, market trends and regulations unique to the retail and wholesale industry.
Our retail and wholesale team works with a variety of businesses from family-owned operations to provide advice and guidance on the issues that count.
We take a strategic view of your operations to find efficiencies, improve cash flows, increase profitability and navigate through
legislative and regulatory changes which can place a significant time and administrative burden on business owners.
Ask us how we can assist you with:
✔ Accounting and tax compliance
✔ Cloud-based accounting, inventory management, and online presence
✔ Budgets and cash flow forecasting
✔ Management accounting & industry benchmarking
✔ Internal control reviews
✔ Strategic tax advice
✔ Structuring and restructuring of groups
✔ Importing and exporting
SMART Business Solutions are skilled in understanding the intricacies in running a successful and profitable retail operation.
There are many ways we can help. Email us or phone us on 03 5911 7000 to discuss our services.
Grow, thrive and plan for a luminous retirement with the most awarded accountants on the Mornington Peninsula and Greater Melbourne region.
Firm director, Shannon Smit, is well equipped to guide your medical and allied health practise. Having worked in international accounting firm Ernst & Young in New York, London and Amsterdam, she delivers global knowledge and experience blended with a local approach.
Shannon is an active and trusted panel member of the Australian Board of Tax Advisory, and the last review she was involved in resulted in
the Instant Asset Write Off (from $20,000 to $30,000), a simpler BAS, and an increase in the threshold of a small business to $10 million.
As the leader to a group of professionals equally dedicated to their craft, Shannon ensures that the entire SMART Business Solutions team regularly participates in industry training to ensure they are always up to date with current trends and are knowledgeable of all latest accounting and tax legislation specific to the medical and allied health sectors.
We understand that not everyone works 9 to 5. We're flexible in our communication and are happy to arrange early morning or after hours appointments to suit you.
Would you like to know more? Call us on 03 5911 7000 to arrange a complimentary consultation valued at $400.