At PMK Accountancy Services we know the Retail Sector and pride ourselves on our insight into this area.  Our success is founded on having detailed knowledge of the retail sector, linked with first-hand experience and being able to retain a committed, competent team which has over 100 years combined experience, having also worked as internal financial controllers and shop managers in the sector.  We also have strong relationships with the major wholesalers to the retail sector, Henderson Food Service, Musgrave Retail Partners and Nisa.  

Adopting a more intimate style, we have established strong working relationships with our retail clients which are based on trust and provision of invaluable information and on having worked on projects from inception right through to returning a profit.  

Our knowledge allows us to give key advice on many areas of retail outside of financial performance reporting and we operate more like an internal finance function than an external consultant.  We have some of the top retailers in Northern Ireland as clients and also act for Supervalu retailers in Ireland.  This allows us to be able to benchmark clients against the industry averages and our network can create opportunities for knowledge sharing which can be a very valuable resource.

One of the things that our retail clients value most about us is the depth of knowledge we have of their business, sometimes identifying issues they didn’t know themselves.  Our monthly or quarterly financial reports provide detailed analysis of our clients business, breaking down the overall profit margin into departments and comparing these results to the back office system and investigating any unexpected variances.

Management of anything requires accurate consistent measurement and we can provide our retail clients with a bespoke easy to use tool for recording and monitoring key performance information on a weekly basis. This is a powerful tool for our clients which allows them to manage their businesses, giving them the ability to compare historical results and make decisions for the next management period.

Combined with our ability to guide our clients in their business, we can also guide them on other areas such as legal structure, financing the business, tax planning and efficient extraction, VAT & payroll.

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