Tariq Enterprises, a family-owned business that had been operating in the retail industry for over 30 years, was struggling to adapt to modern business practices. While their business model had served them well for decades, the lack of a proper accounting system and inefficient manual processes were affecting profitability. Moreover, their accounting team was overwhelmed during tax season, and their business taxes were often filed late.
Al-Asar Consultants stepped in to help restructure Tariq Enterprises' accounting and business systems. The team implemented an automated accounting system that allowed for accurate, up-to-date financial reporting. Al-Asar also introduced efficient bookkeeping practices and ensured that the company’s taxes were filed on time, minimizing penalties and interest charges.
Thanks to Al-Asar's work, Tariq Enterprises now operates with streamlined financial systems, freeing up management to focus on expanding its retail outlets and improving customer service.