You can rely on the experts at Accounting Bizsol to help your company thrive in the luxury sector by offering: a fresh viewpoint on operational problems and difficulties;

Accounting, Tax, and Auditing services designed to meet the unique needs of your business in light of the risks, procedures, and financial reporting standards of your industry.

Organizations that create, produce, and sell exceptional items or provide first-rate services that elevate the consumer's comfort, pleasure, and sense of status make up what is collectively known as the luxury industry, a $350 billion market. Companies in the consumer products business make and sell food essentials including rice in Japan, tortillas in Mexico, and bread and potatoes in the United States, in contrast to the luxury goods industry.

Gen Z and millennials (those born between 1980 and 1995) are increasingly concerned about environmental impact, and social shopping and online communities have contributed to this trend. As a result, the pre-owned luxury goods business has seen explosive development from 2017 to 2019. We anticipate a market size of $60 billion by 2025 for pre-owned luxury goods, up from 21% in 2021 and 27% in 2023.

• Audit Services
• Additional Assurance Services
• Agreed upon audit procedures
• Preparation of Financial Statements
• CFO Support Services
• Tax Services
• Research and Development (R&D) Tax Credit

Please contact us today to find out how we may best serve your organization’s specific needs.