Retail business strategies

It’s more critical than ever to make the right strategic decisions for your retail business—and to start now on plans for the future.

At BDO, our retail advisors understand the immense pressure and uncertainty that retailers in Canada are facing. We can help you decide what’s next for your retail business, and determine the path forward.

To start a conversation with one of our partners, fill out the contact form and let us know how we can help you.

Explore our retail service bundles
The coronavirus pandemic affected retailers in different ways. Many are looking to adapt their business to recover and get back on a path for growth; some may now be in a position to expand; others may need to start the process of selling or divesting.

No matter your situation, we can help. Scroll down to learn about our customizable and scalable service bundles, designed specifically for retailers.

Fill out the form to speak to a BDO advisor about our services.

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Our retail service bundles

Retail Refresh
Accelerate changes in your retail business across finance, human resources, and IT with our Retail Refresh bundle of services, scaled for the mid-market retailer.

• Business strategy: rapid strategy refresh
• Digital transformation: e-commerce, data strategy, technology roadmap
• People advisory: leadership coaching, employee reskilling, digital HR
• Tax planning and government incentives: HST recovery, government grants
• Business continuity: loss quantification, privacy, and cybersecurity

Retail Advance

Whether you’re ready to expand your retail business now or further into the future, we can guide you through the entire acquisitions process, from building a strategy and accessing funding, to finding the right target acquisitions, to post-merger integration.

• M&A strategy and support: valuations, buy-side advisory, capital advisory
• Due diligence: strategic, operational, and financial
• Post-merger integration: people advisory, tax planning, and accounting advisory

Retail Exit
We want to help retailers position themselves to receive the best possible value when selling the business. In guiding retailers through the process of restructuring, valuation, and the full-stop selling process, we provide support at every step.

• Divestment: valuations, value enhancement, sell-side advisory
• Due diligence: operational, strategic, and financial
• Financial recovery services: restructuring advisory
• Owner-centric services: wealth management, transition tax services, tax planning

Meet the team

Michael Banks

Partner Regional Leader of Retail & Consumer Business

Michael has 20 years of experience providing audit, review, and consulting services to owner-managed clients. Michael is the current Chair of the Chartered Professional Accountants of Ontario (CPAO) and was recently elected as a Fellow. In 2013, he was awarded the C.F. Fleming Young Leader Award by BDO for excellence in service and achievements at BDO, within the accounting industry, and in the community.

Matt Ambrose

Partner, Technology Group

Matt has over 20 years of professional experience providing management and technology consulting services to private companies and the mid-market. Matt focuses on creating value through digital transformation to clients in a wide range of industries. He has successfully assisted a number of clients with identifying the people, process, and technology opportunities and initiatives to compete locally and globally.

Meet the team

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Michael Banks

Partner, Regional Leader of Retail & Consumer Business

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Kurt Oelschlagel
Partner, Canadian Tax, Transaction Tax

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Matt Ambrose

Partner, Technology Group

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