Retailing is an important industry in Australia which employs a vast number of people. It is a key ingredient to keeping the economy going round. It is more closely linked to the well being of the economy than any other industry. We cater to a wide variety of retailers and understand the issues surrounding retailing. We can help make life simpler for you.
Running a retailing business can be challenging but can also be rewarding. We understand the pitfalls and look forward to working with you to build your business and grow your wealth. There are many issues to consider when setting up and running your business. They include:
- Initial capital needs
- Working capital
- Cash flow planning
- Tax planning
- GST management
- Product costing
- Inventory management
- Foreign currency management
- Systems and processes
- Paying yourself and your staff
- Understanding the performance of your business.
Having an accountant who understands your needs in the way that we are able to, will help you through all of these issues. We can help you to get useful information in a timely way and ensure that you do not pay more tax than you need to.
At Rucker Financial we have specific experience in dealing with retail businesses. We understand your needs and are keen to talk with you.
If you are currently a retailer or are considering getting into retail, call us on 03 9874 7255 to arrange an obligation free assessment.