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.
Are you closing your books in a timely fashion each month? How accurate are your cash flow statements? KPM can help. We offer turnkey outsourced accounting support, including QuickBooks and Bill.com assistance.
There’s a lot that goes into estimating the market value of your business. If you’re considering selling or merging with another company, we can independently appraise your assets and weigh industry factors for a realistic valuation.
Cost segregation studies can help your business increase cash flow, defer taxes, and claim missed depreciation deductions. Work with KPM to find out if your property qualifies for cost segregation and whether this strategy could lower your taxes.
Is your employee benefit plan cost-effective and well-managed? Does it meet U.S. Department of Labor requirements? We can audit your plan, advise on investment strategies, oversee regulatory compliance, or assist with reporting.
Financial statements offer a glimpse into your company’s well-being. They signal to banks, bonding authorities, and suitors that you follow Generally Accepted Accounting Principles. KPM can audit, review, and compile these vital reports.
Are you concerned an employee might be stealing from your company? Our team of forensic experts can investigate suspicious activity, pinpoint critical evidence, and help you implement safeguards to fortify your business against fraud.
Stability is key to providing good customer service. Are you doing enough to attract, retain, and advance quality employees? By auditing your HR processes, policies, and procedures, we can help strengthen your culture and compliance.
Weak internal controls are often to blame when a company fails to reach its potential. Our team takes a global approach to assessing and enhancing your controls. We’ll help fine-tune your environment to manage risk and drive efficiency.
You rely heavily on your inventory count to keep track of what’s selling to meet customer demand. Our auditors will test and verify your inventory balances to help ensure your numbers accurately reflect product levels.
Are you looking to acquire a competitor or join forces with a like-minded company? If so, you need to have all the facts in front of you. Our M&A team can help with due diligence, risk assessments, and financing options to close the deal.
In uncertain times, strategic business planning can help give you a competitive edge. Building a long-term strategic plan unites the various parts of your company in pursuit of measurable goals. Let’s map out the future.
The strength of your executive leadership and management team should stand the test of time. Do you have a succession plan that’s identified the next generation of leaders and prepared them for the transition? If not, KPM can help.
Tax planning can be a boon to your bottom line. We’ll help you claim deductions, take advantage of credits or incentives, and prepare your returns. KPM has extensive experience helping businesses reduce their tax burden.
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.
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.