Like every client, Mizael Partners started with a deep dive into the current financial health of the business. Managing an ecommerce business takes a different approach to a bricks and mortar retail business purely due to its omni-channel solution.
Linen House needed a financial solution fluid enough to accommodate a regular shift in pricing for each SKU, whilst retaining profitability, and helping them to know when dead stock needs to be moved on.
Mizael Partners prepares separate inventory and debtor audit reports to ensure Linen House is meeting their requirements to suit the bank. A key part of this is conducting regular stock-takes to ensure that the quantity of the SKU’s are properly recorded. We call this stock and debtor control.
Are you a business located in Ringwood, Bayswater, or Croydon? Looking for business accounting and tax accounting solutions? We would love to help you grow.
Mizael Partners is proudly run by founding director, Ryan Mizael. Ryan and his team have been providing innovative accounting, auditing, financial advisory, tax and cloud-based technology solutions since 2002.
Call Ryan Mizael at +61 (0)466 228 000 today for a personalised business accounting experience.