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Leisure, Retail & Hospitality

Leisure, Retail and Hospitality businesses have had to deal with wide-ranging and significant changes. We provide expert insight, services, support and strategies to help you be competitive and enhance your operations. 

Contact Derek Mair

  • Derek Mair
    Meet the team

    The team

  • Leisure, Retail & Hospitality.  

    Who we can help

  • Accounting. Audit. Business Advisory. Compliance. Corporate Finance. Financial and Strategic Planning. Fundraising. M&A. Outsourcing. Payroll. Tax. International. 

    How we can help

SUPPORTING YOUR PROGRESS IN LEISURE, RETAIL AND HOSPITALITY 

The last few years have seen a marked acceleration in the pace of change in the leisure, retail and hospitality sectors. We can help you operate cost-effectively, adopt technology to your advantage, and consolidate and grow your business. 

Our extensive experience of supporting businesses in the leisure, retail and hospitality sectors means we understand the issues and risks you face and will provide appropriate services to help you. As well as audit and tax advice, we can help you with time-saving programmes such as our Virtual Finance Function, produce financial projections to support your project fundraising and utilise available tax allowances for updating your facilities, to help you attract new customers. 

EASING YOUR LEISURE AND HOSPITALITY WORKLOAD 

We are specialists in advising hotel businesses, so we appreciate and can help mitigate the impact of issues such as evolving customer preferences, supply chain issues and staffing challenges. Operational efficiency and minimising overheads are key, so we can ease your workload through our services such as payroll, cloud accounting and outsourcing via our Virtual Finance Function.  

It’s often difficult to find time to plan ahead – but we can help. For example, our internal audit service can identify opportunities to create a stronger, more sustainable structure for your business. 

Our tax, payroll and employment experts will clarify aspects such as the apprenticeship levy, minimum wage and national living wage. And we’ll help maximise your tax efficiency, for example by checking if you’re claiming R&D tax relief for eligible projects or making the most of allowances on fit-out and capital expenditure. 

HELPING YOU PROVIDE THE BEST RETAIL EXPERIENCE 

With customers having completely reshaped their shopping habits, it’s essential you focus on providing them with the service offering they want to use, combined with a consistently positive experience. That’s demanding and time-consuming, but our outsourced services will make it easier by saving you time and costs, so you can concentrate on customer retention and growth. 

Whether you’re a traditional ‘bricks and mortar’ business with one high street shop, a national or multinational chain or a burgeoning e-commerce business, we will tailor our services to you. They range from the everyday aspects such as bookkeeping, payroll, pensions and UK/EU VAT, to optimising your financial and tax efficiency. In addition, our expert strategic advice will help shape your future – through capital expenditure planning, finance options and fundraising, restructuring and M&A. 

THROUGHOUT YOUR BUSINESS LIFECYCLE 

We’ve assisted many leisure, retail and hospitality ventures at every stage of their lifecycle, providing pivotal business advice as well as effective ongoing accounting support. We can help inform your start-up plans by using our experience to evaluate sales channel strategies, provide realistic forecasts, assess your logistics and ensure you’ll benefit from all available tax concessions. 

As you progress, we can check you’re achieving your KPIs, discuss growth through merger or acquisition, support your fundraising and set out a long-term strategy. When your business has reached maturity and you’re considering disposal, we can assist with wealth planning to ensure you enjoy the full rewards for your hard work, with optimum tax efficiency. All of this is provided with insights and advice specific to your sector, your business and your personal circumstances. 

  • We are a small business and have been using AAB services for over 17 years. We have been well looked after, and although a small company, we sense a genuine interest from AAB to support the business with their services to reach its highest potential.

    Beatriz Schumann, Karis Property Company Limited

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