KPM

Retail & Hospitality

Sales-Driven Strategies

If your business relies on consumers and their disposable income, you understand the importance of driving sales, operating efficiently, and growing profit margins. And you know that when you don’t capitalize, your competitors will. KPM helps retail stores, restaurants, franchisees, hospitality owners, and car dealers examine all aspects of their inner workings and develop goal-oriented strategies. Our team can provide a range of accounting and consulting services and help you take advantage of tax breaks and incentives—but that’s just the beginning.

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Savvy About Your Business

  • Retail & Hospitality

Profit as a share of revenue dropped nearly 15% for hotels in 2020 due to COVID.

Wages and salaries for hospitality industry workers were nearly $40 billion in 2021.

Revenue for U.S. auto dealerships neared $1 trillion in 2021.

Influencers

  • E-commerce sales
  • Per capita disposable income
  • Consumer confidence index
  • Unemployment
  • Travel
  • Supply chain

Subsectors

  • Auto dealers
  • Franchisors/franchisees
  • Hotels/hospitality organizations
  • Restaurants
  • Retailers

Source: IBISWorld

Did you find everything you need?

Regardless of whether you’re selling clothes, meals, cars, or lodging, the KPM team can help reduce retail-related headaches and streamline your operations. Speak with one our advisors today about how to get started.

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