Retail

In the highly competitive retail industry, businesses that can successfully manage the supply chain can almost assuredly reduce their overall costs and expand market share.  Bober Markey Fedorovich has 50 years of experience providing retail-focused companies with front-line operational and financial services.  These clients comprise the retail and/or wholesale distribution of consumable products, food and beverage, telecommunications and banking.

More than just spectators, we take an active role in documenting business activities, observing progress and reporting back to our clients on a frequent basis.  Our team is uniquely qualified to assist clients with:
  • Buy vs. lease analyses
  • Retail inventory accounting
  • Building cost segregations
  • Sales and use tax
  • Review of internal controls
  • Fraud prevention and detection
  • Federal, international and multi-state tax planning
  • Tax and accounting methods reviews
  • LIFO accounting
  • Accounting for gift certificates

Other Specialized Services
  • Identifying and solving inventory/production reporting errors
  • Fraud detection and/or prevention
  • Preparing compensation plans and incentive programs
  • Benchmarking, trend, sales and product mix analysis
  • Improving point-of-sale management systems
  • Improving management costing systems
  • Finding and retaining key employees
  • Seeking, negotiating and obtaining financing
  • Improving supply chain management
  • Evaluating supplier performance
  • Selecting the right technology
  • Preparing budgets and forecasts
  • Developing and training staff
  • Mock IRS or state tax audits
  • Multi-state tax planning
  • Revenue enhancement
  • Mergers and acquisitions
  • Strategic assessment
  • IRS representation
  • Cash flow analysis
  • Budget analysis
  • Employee benefit plan audits

 

Practice LeadersJim Merklin, partner
Lori A. Sheets, partner