Retail Businesses

Nimblefincorp has extensive experience working with clients in the retail business, providing outsourcing accounting services such as bookkeeping, payroll, tax preparation, and financial analysis. Our team of experienced accountants has a deep understanding of the unique financial challenges faced by retailers, including managing cash flow, inventory management, and dealing with seasonality and fluctuations in customer demand. We work closely with our retail business clients to develop customized solutions to help them achieve financial success. This includes implementing effective inventory tracking systems, identifying opportunities to reduce costs and improve profitability, and providing financial analysis to help our clients make informed decisions about the future of their business. Our team also stays up-to-date with the latest tax regulations and laws, ensuring that our clients remain fully compliant and minimize their tax liability. We provide regular financial reporting to help our clients better understand their financial performance and make informed decisions about the future of their business. We understand that every retail business is unique, and we take a customized approach to meet the specific needs of each client. Our goal is to help our retail clients achieve financial stability and success, allowing them to focus on providing high-quality products and services to their customers.
Accounting and bookkeeping for Retail business

What we can do for you

Bookkeeping

Recording daily financial transactions and maintaining accurate financial records.

Financial statement preparation

Compiling and presenting financial statements to show the financial performance and position of the retail business.

Payroll management

Managing employee payroll, tax withholding, and other payroll-related tasks.

Tax preparation and filing

Preparing and filing federal, state, and local tax returns on behalf of the retail business.

Inventory management

Tracking inventory levels, costs, and sales to ensure adequate stock levels and minimize losses.

Accounts payable and receivable management

Managing and monitoring payments made to vendors and money received from customers.

Cash flow management

Analyzing cash inflows and outflows to ensure adequate cash flow for the business's operations.

Tax preparation and filing

Financial analysis

Budgeting and forecasting

Creating a financial plan for the retail business and forecasting future financial performance.

Business advisory services

Providing strategic financial advice to help the business improve its financial performance and achieve its goals.

Who we help

Retail Store Owners

Help store owners to manage their financial statements, bookkeeping, payroll, inventory management, and tax compliance.

Franchise Owners

Franchise owners to maintain consistent financial records, manage their cash flow, ensure compliance with franchise agreements.

E-commerce businesses

Online retailers manage their financial transactions, monitor their cash flow, maintain accurate financial records, and manage their tax obligations.

Wholesale suppliers

Help wholesale suppliers manage their accounts payable and accounts receivable, monitor their inventory levels, and provide financial analysis to help identify opportunities to improve profitability.

Real Estate Investors

Help real estate investors manage their rental properties, track rental income and expenses, and file tax returns related to their real estate investments.

Retail Industry Associations

Help retail industry associations with financial planning, budgeting, forecasting, and financial analysis.

Investors

Help investors in retail businesses with financial due diligence, financial modeling, and financial analysis to help them make informed investment decisions.

Suppliers

Assist suppliers to the retail industry manage their accounts receivable and ensure timely payment from retail customers.

Government Agencies

Help government agencies regulate the retail industry by conducting financial audits, providing compliance reports, and ensuring adherence to tax and accounting regulations.

Retail Industry Employees

Help retail industry employees by providing timely and accurate paychecks, managing payroll taxes, and providing employee benefits administration.

How to get started?

1

Get in touch

Get in touch, explain your requirements, or sign up online.

2

Letter of Engagement

You will then sign an agreement, either Online on our website or by email.

3

Previous Accountants

We get in touch with your previous accountant to obtain information

4

We Do the Rest

Simply focus on your business and we will do the rest.

Why NimbleFinCorp

Technology Driven

We use Xero, Quickbooks, Sage & many other online software.

Dedicated Accountant

Meet, Call, E-mail or Skype to your dedicated accounts manager.

Unlimited Support

Free telephone & email support throughout the year.

Experienced Team

Our team have over 100 years of combined experienced.

Free - Email Reminders

Never Miss any deadline with our automated email reminders.

Yes, We Are Chartered!

We’re an ICAEW, ACCA & AAT accredited Firm.

Would you like a free consultation?