Accounting partner for an Optician Chain

Case study

by admin_altobooks / Friday October 7, 2022

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:

01.

Set up an accounting system for a retail chain

02.

Set up internal control systems for the retail network

03.

Advice on joint venture with another optician chain

04.

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.