There are essential matters that must be skillfully handled such as inventory management techniques and tools, being the basis of a well-functioning retail business, the impact of seasonality on your business growth, payroll, utilities, overheads, in addition to risk of fraud from employees and vendors, are all critical issues, you need to control your business through setting the internal control systems, keeping a detailed record of each new or returned product, reliable financial information, simultaneous financing mechanism, forecasting and budgeting to achieve a sustainable business.
Ahmed Mamdouh & Co. Kreston Egypt is your trusted partner to get a proper financial reporting and internal audit.