Our specialism

Accountants for Retail Businesses

Accountants for Retail Businesses

Whether you’re a new start-up just dipping your toe into the world of retail, or an established face of the high street who’s been in the game for years, if you’ve got a retail business, you’ll know how fast-paced the sector is.

Staying on top of trends, managing stock levels in an uncertain climate with lots of delays, getting deliveries out on time, and making sure you’ve got a great team behind you – you’ve got lots to think about just to keep the wheels turning, and that’s before you start thinking about your accounts.

As expert accountants for retail businesses, we get it. We know how important it is for you to spend more time working on your business than in your business, and we’re ready to take things off your hands.

Whether it’s looking at how cloud-based technology could allow you to get the information you need without leaving the shop floor, or helping you plan to open up another branch, we’ll work with you to make sure you’ve got the support and guidance you need – so that you can focus on managing, delivering, and growing your retail business.

Accountants for shops

Shops come in all shapes and sizes – from little corner shops that’ve been in the family for generations, to online shops that ship worldwide, or huge department stores selling all sorts of trinkets and treasures.

One thing all shops have in common though is the volume of transactions they deal with every single day. Whether it’s keeping track of customer sales, managing deliveries and supplier invoices, or placing orders for more stock, there’s lots of cash moving about.

And that’s where things can get confusing. We’re retail accountants, though, so we’re used to working with shop owners to help streamline things – making it easy to keep track of where your business is going.

Accountants for retail businesses in East Sussex

We help retail businesses all across the UK with their accounts, but we’ve got lots of clients we work with in East Sussex specifically.

If you’re based in East Sussex, you’re just down the road. Because we know the local area inside out, we can help you with more than just the day-to-day accounting for your retail business. We’re well placed to help you strategically, too – looking at your local competition, advising on your next moves, and making sure you can stay on top of the market.

Since the pandemic, with a push to ‘support local’, you might’ve noticed your customers’ shopping habits changing – and that might have had a direct impact on your cashflow or stock management. Whether you’re trying to make the numbers add up, or need help keeping track of the day-to-day bookkeeping, we can help make things a bit easier – giving you clarity on what the big picture looks like.

And, as you’re just down the road, we’re happy to come directly to you whenever you need us to. We can even collect your VAT paperwork straight from your premises, so you don’t have to worry about shutting up shop to meet us.

Accountants for retail businesses in Kent

If you’re Kent-based and looking for accountants for shops, look no further.

We’ve worked with lots of retail businesses in Kent of all shapes and sizes. That means that, while we know your business is as unique as you are, chances are we’ve probably helped someone solve a similar challenge to the ones you’re facing.

Whether you’re just setting up shop and working out how to manage things like payroll alongside stock management, or are a long-established Kent-staple retailer looking to outsource some of the more fiddly accounting tasks, our team of retail accounting experts are on hand to help.

We know that the retail sector is different from most others. It’s fast-paced, changes quickly, and needs clear understanding, knowledge, and experience to make sound business decisions – and that’s where we come in. Because we’ve been working as accountants for retail businesses in Kent for years, we know the lay of the land and can help steer you towards success.

Our accounting services for retail businesses

  • Fully comprehensive record-keeping
  • Statutory reporting (accounts & confirmation statements)
  • Corporation tax
  • Self-assessment tax returns
  • VAT returns
  • Regular management accounts, cashflow forecasts and budgetary control measures
  • Digital bookkeeping service with cloud accounting software and ongoing training
  • Regular face-to-face meetings and free VAT paperwork collection service
  • Tax-planning advice
  • Advice and assistance on how to raise finance for growth
  • Advising on optimum business structure
  • Payroll and workplace pensions
  • Expert director loan account knowledge

I was recommended to use Diamond Accounts by a friend and have been very pleased with all the help, advice and support. I would not hesitate to recommend them.

NATHAN PACEY

DIRECTOR

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Tell us that you want to join

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We talk to your accountants

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We get crunching the numbers

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