With the digital revolution fully underway not just for customers but for businesses, there has been a radical shift in the conventional business model of bricks and mortar shops to online ecommerce platforms.
Retailers are feeling the pressure to offer an online option for digitally savvy consumers, either as an add to normal service in the form of click and collect, or as a separate click and drop service. Either way the opportunities to potentially reduce overheads, improve service and even drive entirely new streams of income, the positives are huge!
However, like any business model, ecommerce must be underpinned with strong commercial and accountancy basics.
Whether its advising new or existing ecommerce traders in tax and business affairs or discussing the implications to a traditional bricks and mortar retailer in moving online, our Partners can help you.