Avid Partners has a number of E-Commerce clients that we assist in a number of ways from accounting and bookkeeping services to funding and marketing supports. At Avid Partners we recognise the potential for innovative E-Commerce businesses and work closely with clients in this area to help them drive their business forward. E-Commerce businesses have the potential to grow very quickly, much faster than most traditional business models, but also have a high burn rate as many start-up companies never progress past their early development stage. Avid Partners Accountants Ireland can help you develop your technology business.
The E-Commerce market is Ireland is an interesting mix of a large number of very small micro businesses (less than 10 employees) and a small number of very large global players who have a high presence in Ireland (Zynga, Facebook, E Bay, Google). Many small indigenous E-Commerce businesses are niche operators focused on extracting revenues from one or a small number of key areas. Many of the smaller companies have moved away from the sole focus of advertising revenue and instead are concentrating on recurring revenue streams such as fee based models and sales. In the retail sector for example many of the tradition bricks and mortar operators use online as a supplemental sales channel. “Online has become increasingly important for The Kilkenny Group, we will continue to invest in growing our online presence in the Irish market. However, we do see online as complimentary to our 13 stores nationwide and not as a replacement” Greg O Gorman, Marketing Manager, The Kilkenny Group.
There are a number of challenges facing the E-Commerce sector including:
- Scalability of their businesses
- Raising participation of SME’s in the E-Commerce section of the domestic economy
- Security of online sales and transactions
- Governmental support to the digital sector
- Continued infrastructure development
- Suitability of certain products and services categories for optimal online sales
- Internet Marketing and online customer fatigue
Contact Avid Partners today to see how we can assist you with your technology business. Download our article on your area, book a place on our next industry seminar and make an appointment today to chat about your business with one of our expert Avid Partner staff. Call us on 01 4286900 or email us at firstname.lastname@example.org.
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"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach."
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Having got to know the company through the BNI we decided it was time to change accountant. What impressed me about Avid Partners was their professionalism. Their attention to detail was second to none and as an added bonus they are a sounding board to all of my questions. Avid also potted some irregularities in my accounts from the previous few years and saved me substantial money on the years tax bill. Avid Partners deliver a first class service which is everything you could want from an accountant and I am happy to give this endorsement.
We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services.
We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.