Industries
RETAIL
Proven expertise serving an industry where good timing is everything.
E&T serves a broad range of retail businesses in the $10-$50 million volume, with 5 to 30 locations. As it is with most retailers, success hinges on issues of timing--how to have the right selection of merchandise at the time the consumer wants it--all coordinated with a timely promotional effort.
When everything falls into place, you maximize profits. When it doesn't, you've lost a profit-making opportunity.
E&T can help with inventory management so the right selections are on hand to provide the consistent level of sales you need to meet costs and boost profitability. (By the way, we're one of a very few firms well-versed in the methodologies for establishing the value of a retailer's inventory--a more complex matter than with inventories in other industries.) In addition, Ellin & Tucker can help you manage transactions with trade suppliers effectively to control your costs per sale, maximize profits and improve cash flow.
With lines of credit absolutely critical to the retailer, you can also benefit from our exceptionally strong relationships with financial institutions. In fact, many of them are Ellin & Tucker clients.
Whether you run a discount or service-oriented retail operation, be assured that we understand your business, and we'll work to boost your company's bottom line and increase your personal wealth.
