The consumer business industry has changed rapidly in recent years. Most significantly, we can access information today from trusted sources, friends and colleagues through social media that is available at our finger tips. In response to these changes, consumer focused businesses have evolved to protect their brands and create an impressive array of products and services, all while reducing the time to market.
BDO helps clients across the industry prosper in both good and challenging times. We provide insights on cost containment, accurate forecasting, inventory control, and sales and revenue management growth strategy. In addition, our professionals understand the various issues affecting your business, including:
Protecting and building your brand Finding opportunities in the evolving regulatory environment Meeting consumer and customer needs Communicating in a transparent online marketplace Driving growth in new markets Innovation and continuous improvement Environmental and community issues Financial and currency fluctuations, impacting both customer demand and the cost of supply
|
Cost controls to manage shrinkage and maximize profitability Make or outsource decisions Managing supply chain risk and inventories Management and skilled labour shortages Evolving technology Building the value of your business Transition of your business to the next generation or to management
|
Consumer business specialties
BDO helps clients address the changing needs of their companies in key segments of the consumer business industry ― in retail, manufacturing consumer goods, or services. Our key industry sectors include:
Auto dealers Retail and franchising |
- Tourism, hospitality and leisure
- Transportation, warehousing and distribution
|
Services
To help clients address the key issues in the consumer business sector we have tailored our services. These include:
Audit and assurance Taxation Risk management Financial advisory
|
|
Industry involvement
We have extensive experience in the consumer business sector, working closely with clients as their auditors, taxation consultants and corporate finance advisors. Our active participation in a multitude of international organizations enables us to be responsive to emerging industry issues. Our specific involvement in Canada includes: