Having years of expertise, we understand the fundamentals of a successful supermarketbusiness and can help you monitor key performance indicators. We also use industrybenchmarks to compare your supermarkets financial performance against your industry peers.
Our approach is to mentor your business to a position of profitability. We urge our supermarket owners to ‘know their’ numbers’ including profit margins, average customer sales figures, fixed and variable costs, weekly stock turnover and departmental sales.
Software selection and systems is critical so that you can report and dissect your sales by individual departments including meats, seafood, fruit & vegetables, breads, alcohol and tobacco. We advise on good cash flow and stock turnover management information systems.
How do we do this?
We introduce a retail lean financial programme, which is designed to reduce operating costs and improve retail profits. We focus on tax relief and tax leakage in the business/company. We review the key financial challenges and identify the solutions. We review the existing book-keeping and recording software and can reduce costs by introducing a cloud accounting solution.