How to understand your finances ahead of a store refurbishment
'To stay ahead of the curve many fashion brand owners and retailers will refurbish their stores at some point. This could be a total brand refresh or simply a yearly interiors update, but either way, these initiatives involve serious financial commitment and consideration. Monitoring the availability of capital allowances as well as the project’s impact on cash flow is paramount. Understanding your finances and possible savings will help in successfully minimising any potential risks to the bottom line while your refurb is underway.'
Sarah Wilson-Nolan of the tax team at haysmacintyre has written for Boutique magazine on understanding your finances ahead of a store refurbishment. For the full article, click here. First published March 2018.