Retail & Ecommerce
Harold Sharp can provide bookkeeping, payroll, accounts production, and ongoing guidance as your retail business grows.
The phrase “England is a nation of shopkeepers” is often credited to Napoleon Bonaparte however it is doubtful he ever said it.
While it may have once been true, it certainly isn’t now. The last few years have seen a series of high-profile failures with names such as Woolworths disappearing from the high street.
The big retailers have moved to out of town shopping centres with food outlets and plenty of parking, but still they are struggling.
Our buying habits are changing and many of us prefer to shop from home and have the goods delivered directly to us.
While once everyone wanted to own a shop, everyone now wants to be an online retailer.
So now you must consider how you’re going to drive traffic to your e-commerce site. Social media and digital marketing are what you will be concerned with but you’re going to need help to ensure your systems can cope with the volume of traffic and grow with you.
We advise several online retailers using platforms such as shopify and channel advisor and are aware of the challenges they face. As well as providing normal accounting and tax support services, we can help in several ways to allow you to save time and money:
- Linking the e-commerce platform to xero accounting software
- Dealing with sales in multiple countries and considering the VAT issues
- Creating value from intellectual property
- Building teams, hiring and incentivising staff
- Growing businesses and achieving international reach
We have also developed an in house capability to manage large amounts of data, such as that produced by an e-commerce platform, and sort it into an output that helps you manage your business.
Talk to our experts
It’s our job to clear the way so you can focus on what inspired you to go into business in the first place.
“We follow a simple principle laid out by our founders: It’s not about keeping up. It’s about staying ahead.”
Find out more about how Harold Sharp works, and how we can help you.