Brief
Laxmi Opticians is a local optician chain having great recall value and loyal customer base.
The chain was being run by the second generation and was on an inorganic growth path. Being in a retail business, the chain was having a good invoicing system. However, accounting, inventory management and compliance management have not kept pace with time. The company was also looking at acquiring another local optician chain of similar size. And their accounting system needed a refraction.
Contribution
After associating with the company, Altobooks team has taken following steps:
Set up an accounting system for a retail chain
Set up internal control systems for the retail network
Advice on joint venture with another optician chain
Set up accounting and control system for a joint venture
Services
As of 2022, Laxmi Opticians along with Eye & You Opticians has grown their presence over the years. Altobooks is a proud accounting and consulting partner of Laxmi Opticians, Eye & You Opticians and the group and helps the optician chain in following matters.
Accounting
Compliance Management
Audit
