In today's competitive retail market, achieving a strategic advantage is a complex challenge. At RSM, we combine our sector knowledge with a pragmatic delivery of value-adding services to put you ahead.
Understanding your business
Our specialist retail team is as passionate about your business as you. We have proven experience of supporting growing retail businesses to achieve their objectives and are committed to delivering a quality service, tailored to your individual needs.
Business improvement services
Cost-cutting strategies are the number one focus for retailers. There are opportunities to save money across the business, particularly in the areas of supply chain and distribution. Using a process optimisation approach we can help you do ‘more for less’ and deliver material savings.
We know that for a growing retailer, an effective IT strategy is key to success and expansion. We can help to define and implement an integrated retail IT strategy, covering electronic point of sale/e-commerce, to enterprise resource planning and web map service.
The lifeblood of any business is the ability to forecast and plan cash flows accurately. Through development of cash flow models we are helping businesses to employ flexible systems designed for their organisation; not just an amalgamation of previous versions.
However you view your business’ future, standing still is not normally the right option. Domestic or international growth needs a careful strategy and adequate funding. There is money available from banks and investors alike but only for the best plans. We will help you create a convincing business strategy to satisfy funders and generate the necessary capital for growth.
Moving into new markets is now a core strategy for many retailers. Failure to achieve this can be due to a lack of diligence.
Disposal of non-core assets
Unloved elements of a business are a continuing distraction to management but could have value in the hands of others. We help you to sell off your non-core assets, however marginal it may seem to do so.
International retail brands still see the UK as an important market for their products but doing business here can make extra demands on their international teams. We provide compliance and regulatory services covering tax compliance, payroll and company secretarial which allows your management team to concentrate on the bigger picture.
At the heart of many retail brands are the designers that work hard to keep the UK as a leader in fashion evolution. For many years we have provided business and financial advice to emerging designers, supporting them as they have grown. In many cases these names have gone on to international success. We work closely with the British Fashion Council and are committed to this area.
Contact our retail team today to discuss how we can help your business to thrive.