Retailers need to measure and monitor almost every aspect of their performance, including initial markup, maintained markup, contribution margin and same-store sales. Profitability management at all levels — product, department and store — is key for business success.
Having a firm grasp of all the pieces is critical to profit, which is why many retail companies can benefit from outsourced CFO services.
When you partner with FocusCFO, you’ll receive professional CFO solutions and services to run your projects and business more efficiently. Drilling down into your current systems, your Focus CFO will help you streamline your critical reporting and monitoring functions and optimize your COAR℠ systems – cash flow, operations, accounting and revenue – freeing you up to focus on what’s next.
You’ll also get CFO solutions customized to the financial issues that matter to your company and industry. Do you have systems in place to monitor growth from new stores weekly or daily? How do you handle inventory management — an essential component of cash flow management?
Find out how FocusCFO’s outsourced CFO services can add value to your business. Contact us to set up your free consultation.