Business Health Check – Clothing Retailer

A product to facilitate a detailed analysis of the performance of a clothing retailer

About This Product

Gold Silver
  • Clothing retail businesses are difficult to run.

  • This product will assist you to analyse the performance of the clothing retailer to assist you in offering “real commercial” advice to your client.

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Product Content

The Business Health Check – Clothing Retailer, includes the following key components:
  • Data Required Form – specific information relating to the business – to be supplied by your client.
  • Key Performance Indicators Report (information generated from the data entered by your client).
  • Templates of other tools to be used by accountants/business advisers to evaluate the performance of a client operating in the clothing retail industry.

Want To Know More?

The analysis of performance within a clothing retailer will reveal a range of key performance indicators that can then be utilised to compare the results in one month to the performance in previous months.

Templates of other tools to be used by accountants/business advisers to evaluate the performance of a client operating in the clothing retail industry.

Data Required Form – to be supplied by client:

  • Calendar
  • Customers
  • Sales
  • Sales Dissection
  • Hours Business Open
  • Cost of Goods Sold/Gross Profit
  • Working Owners/Principals
  • Employees
  • Property/Space/Measurement
  • Stock/Inventory
  • Balance Sheet
  • Expenses
  • Profit and Loss
  • Analysis of Purchases from Major Suppliers

Key Performance Indicators Report – Clothing Retailer (this is the report which is generated from the data entered by the “Data Required Form”):

  • Sales
  • Sales Dissection
  • Customer Details
  • Gross Profit Analysis
  • Business Analysis
  • Wages/Salaries Analysis
  • Expenses Analysis
  • Profitability Analysis
  • Staff Analysis
  • Supplier Analysis
  • Productivity
  • Ratio Analysis (Balance Sheet Items)
  • Financial Analysis

A sample of the information that you will be able to evaluate for discussions with your client includes:

  • Sales per FTE Person
  • Sales per Total Hours Worked
  • Sales per Square Metre (excluding Internet sales)

Sources of enquiries:

  • Newspaper Advertising
  • Radio Advertising
  • Facebook
  • Pamphlet Drop
  • Visitors to Store Conversion to Customers Percentage
  • Phantom Customer Reports – Percentage of Problems
You will be able to utilise the detailed analysis on your client’s performance with information produced by various benchmarking organisations, whereby you will be able to compare your client’s performance with other similar businesses.

Templates available for use in Business Health Check Review for Clothing Retailer:

  • Break Even Calculation
  • Working Capital Evaluation
  • Benchmarking
  • Calculation of Future Maintainable Profit
  • Business Valuation
  • “What If” Scenarios – Sales Targets
  • Ratio Analysis Report
  • Business Health Check Report

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