What can you expect?
The high street is tough right now but online business is booming. Sound accountancy advice and a firm hand on cashflow is essential if your retail business is going to cut through.
Hardly a month goes by without news of another wave of high street shops closing as bricks-and-mortar retailers struggle to cope with rising costs and falling custom. The retail sector is more competitive than ever, especially with consumers spending around one pound in every five online and spending habits moving away from traditional retailing.
It’s not all doom and gloom, though – for those with a unique proposition and the determination to succeed, there are great opportunities to be seized.
If you want to take advantage of the opportunity presented by eCommerce, we can help move your business online. We can also advise on expert stock control, reconciliation procedures, inventory calculations and tracking methods.
At Almar, we embrace automation and encourage you to follow suit. The installation of cloud accounting software offers hundreds of useful add-ons to help you manage your retail business’s finances and maximise profits.
We also provide real-time, proactive advice to help your retail business comply with its VAT obligations, advising on suitable schemes, and handling your VAT responsibilities in line with Making Tax Digital.