music retail consulting

In response to the growing need by music instrument and product retailers for financial and operational guidance, Friedman, Kannenberg & Company, P.C. has developed “Music Retailer Consulting Services” that deliver specific, timely, meaningful, valuable and affordable consulting services to owners and management of music instrument and product retail stores. We will (1) assist you in identifying problems inherent in your retail music store operations, accounting and computer systems, and inventory management, and (2) assist you in implementing appropriate changes to your business operations based upon our engagement findings.

We are frequently asked to perform this engagement in response to specific problems we find common to most or all music retailers. These problems include (a) poor cash flow, (b) lack of timely financial information, (c) excess inventory, (d) haphazard or no inventory management, (e) deficient accounting systems and procedures, (f) obsolete or inadequate computer hardware and/or software, (g) personnel performance problems, (h) low profit margins or lost sales, (i) internal fraud, just to name a few.

In an effort to offer these valuable consulting services to all retailers, both large and small, we now offer two types music retail consulting engagements:

	“24/24″ Music Retail Consulting
	“On-Site” Music Retail Consulting
	“On-Call” Music Retail Consulting

All three of these engagements are designed to allow us to review certain aspects of your retail operations, identify problems and/or weaknesses, and make specific recommendations to correct those problems and/or weaknesses.

Additionally and of equal importance, our consulting engagement and resulting recommendations will be geared towards helping your Company achieve the goal to be truly “independent” of any outside supplier, software vendor and/or business consultant. By minimizing the reliance on outside party services, products and expertise (such as ourselves), you, as owners and managers of your Company, are able to gain complete control over your business activities and help assure the continuity of your Company’s operations, accounting and data reporting system under any event.

YOU’RE NOT ALONE

Don’t give in (or worse, give up) to your financial problems. Instead, take comfort in the indisputable fact that your problems are not unique, are the same problems experienced by all music retailers, and are problems that can be addressed and solved. Let us help you; we can. We’re Friedman, Kannenberg & Company, P.C., an independent CPA and consulting firm for the music retail industry.

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