Retail & Wholesale Trade

At every step of the business cycle, retailers and wholesalers face new hurdles. From new regulations and increasing tax liabilities, to technological advances and new merchandising concepts, you constantly must find new ways to be profitable while staying ahead of your competition.

At HRH, we can help you evaluate your financial plan and develop a strategic business plan and then analyze your financials regularly to keep things running smoothly. We give you practical advice to help you plan for efficiency while allowing for growth and profitability.

We also can help maximize your time by providing help with accounting services such as payroll, bookkeeping and financial statements. We can also help structure pension and profit-sharing plans to maximize the tax benefit.

HRH services to retailers and wholesalers include:

• Accounting services
• Accounting systems and internal control procedures
• Audits, reviews and compilations
• Billing and collections procedures
• Budgeting and forecasting
• Employee benefits
• Estate Planning
• Financing strategies
• Hardware/software selection, setup and training
• Industry benchmarking
• Inventory, receivables and asset management
• Import/export compliance
• Mergers and acquisitions
• Optimization of cash flow
• Partnership agreements
• Payroll
• Sales and use tax compliance/checkup
• Strategic planning
• Succession and retirement planning
• Tax planning and compliance
• Valuations