At Avid Partners we work with a number of small scale E Commerce companies all at various stages of the growth cycle. E Commerce companies that are designed to fulfil a need in the local or national community are often ideas driven and get a great response from local audiences if they see a community and/or financial benefit to the website. The issue arises when it comes time to monetise the business and upscale to a financial model that is revenue generating and not completely dependent on the originators time and input. Concept website can be replicated and scaled to various other business areas so generally there will be a number of ways to generate finances to expand or cash out of a successful venture. If user numbers are growing rapidly that in itself has value and many venture capital companies or a larger e commerce players may be interested in investment if the company is original  or has some form of protection (e.g. patent). Some community based websites are set up as non-profit ventures with the local interests of the community or local businesses as the stakeholders and many can be very successful in direct benefits to the participants in an offline capacity.

Contact Avid Partners today on 01 4286900 or email us at info@avidpartners.ie to see how we can assist you with your E Commerce business. Alternatively you can fill in the enquiry form below and we will revert back to you as soon as possible.

 

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