Retail & Hospitality
Our retail and hospitality specialists work closely with a wide variety of businesses around Victoria including both large and small retail operations such as supermarkets, warehouses, merchandise stores, and specialty outlets. We also have experience with a wide range of hospitality businesses including café’s, restaurants, pubs and wineries.
With the recent challenges faced in this industry and rapid changes in technology influencing the way consumers shop, it is more important than ever to work with a trusted advisor. AFS have worked closely in partnership with our clients to navigate their businesses though difficult periods and ensure their businesses not only survive, but thrive.
Our specialist services
We can provide specialist advice in relation to grants and government support that may be available to your business, assist with getting the accounting software you need, and analyse the key areas that your business can improve based on extensive industry data available to us.
Our advisory services for the retail & hospitality industry include:- Compliance matters
Preparation of financial statements and income tax returns, assist with activity statements, fringe benefits tax, payroll tax and WorkCover matters. - Business advisory
Our team can analyse your business to identify the shortcomings and proficiencies by comparing these to benchmarks in your industry so that we can assist you in managing your business optimally. - Provide software support
Our software specialists can help you select and navigate the most appropriate accounting package for your business, as well as other programs or add-ons to optimise efficiencies in job costing, timesheets, invoicing, workflow analysis, vehicle monitoring, document management and much more. - Advice in relation to business acquisitions and sales
We have extensive experience helping our clients navigate through the process of buying and selling a business. Including assisting with the due diligence process, valuing businesses and setting up the optimal tax structure. - Specialist WET, FBT, GST, Capital Gains Tax and income tax advice
We can assist you with any taxation advice you may need in your business relevant to your industry or general advice.