POINT OF SALE

YOU SELL IN PERSON.

You might have a retail space or have pop-up sales at fairs, local markets, farmers markets, conferences, or really anywhere you meet with people.  You might even have your own bricks and mortar business and want to sell online to grow business.  Not all accountants can help you with this aspect of your business.  But we can.

HERE ARE YOUR CHALLENGES.

Overhead

Costs can be a lot higher when you exist in the “real world.” No matter whether you’re selling out of the back of a truck or in a building, you need to think about how your sales will cover the increased costs of staffing, rent, insurance, and other overhead expenses. You may need someone to help you assess whether selling in person makes sense financially.

Cash Flow

It’s challenging to know when you should be investing in more inventory, paying yourself more, increasing your marketing, or setting money aside for future needs. You need guidance on managing multiple credit cards, alternative financing (i.e., Kabbage or PayPal loans), or getting a bank loan.

Inventory

If you have both an online business and a physical store, you need to be careful not to accidentally resell an item in person that was just sold online. Your online customers won’t be happy if you have to call them up and explain why the item they bought just left your store and is now suddenly on backorder.

Accounting

You may know if you’re making a profit on what you sell, but you don’t know if that’s enough to support your overhead or the growing inventory needs for your business.  You don’t know if you’re profitable overall, and you don’t know which of your products is making the most money.

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Marketing

Just like you need to focus on SEO and marketing for your online business, you need to figure out how to increase foot traffic to your physical site. Whether you’re online, at a conference, or have a shingle hanging out front, customers need to know where to find you.

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Sales Tax

You have to collect sales tax for sales wherever you have “nexus,” and if your pop-up store moves around a lot, that can be a lot of different jurisdictions to keep track of.  And of course, you then need to remit those funds to the government.  It’s just one more headache you don’t have time to deal with.

POINT-OF-SALE ACCOUNTING SERVICES.

Catching Clouds provides a complete outsourced ecommerce accounting service for your Amazon business.  

GET YOUR HEAD IN THE CLOUDS.

At Catching Clouds, we work very hard to make sure relationships are at the front of every account. We would love to get to know you and discover ways that our team can bring value to your ecommerce company. Click the button below to contact our team and get started with Catching Clouds! We look forward to working with you.