The retail industry is increasingly competitive and facing many challenges, including economic instabilities, constantly evolving consumer preferences, seasonality issues, and evolving internet shopping that threatens profit margins.

PBO Advisory Group understands the needs of the retail industry and offers solutions and strategies to help grow your business and profits. We help decrease operating costs, manage inventory, streamline operations, improve controls, and increase profitability for your organization.

Whether you’re operating a store-front or online business, PBO Advisory Group’s experts can help you with the following:

  • Sku analysis
  • Inventory purchase plan participation
  • Inventory management and tip allocation
  • Building factory relationships
  • Bank, credit card, and gift card reconciliations
  • Merchant account reconciliations and analysis
  • Profitability and cost of goods sold analysis
  • Returns analysis
  • Pricing analysis
  • Process improvement for sales and inventory management
  • Point of Sales (POS) selection and implementation
  • Integration of POS with accounting software
  • Sales incentive plans for staff
  • Management incentive plans
  • Revenue and profit per square foot benchmarking
  • Online versus in-store sales analysis
  • Marketing return-on-investment analysis
  • HR, accounting, internal control, and business continuity assessments
  • Human Capital consulting
  • Business and operations advisory services
  • Accounting and HR outsource support
  • ERTC