ONLINE BUSINESSES

In the fast-paced world of digital entrepreneurship, influencers and e-commerce businesses face unique financial challenges. XVARO Accounting is here to support you with specialised services designed to help you thrive. Our expert team understands the nuances of your industry and is dedicated to providing tailored financial solutions that meet your specific needs.

TAILORED ACCOUNTING SOLUTIONS

We offer customized accounting solutions that cater to the unique financial structures of influencers and e-commerce businesses. From managing multiple revenue streams to tracking expenses, we provide the tools and support you need to succeed.

REVENUE MANAGEMENT

Influencers and e-commerce businesses often have diverse income sources, including brand deals, affiliate marketing, and online sales. We help you manage these varied revenue streams efficiently, ensuring accurate tracking and reporting.

E-COMMERCE PLATFORM INTEGRATION

Our cloud based accounting solutions can seamlessly integrate with major e-commerce platforms like Shopify, Amazon, eBay and Etsy. This integration allows for real-time financial tracking and efficient management of your online store’s finances.

FINANCIAL PLANNING AND BUDGETING

We assist you in creating realistic budgets and financial plans that align with your business goals. Our strategic financial planning ensures efficient resource allocation and supports your long-term success.

TAX PLANNING AND COMPLIANCE

Navigating tax regulations can be complex for digital entrepreneurs. Our team provides expert tax planning and compliance services, ensuring you meet all tax obligations while maximizing your deductions and credits.

cash flow management

Maintaining a steady cash flow is critical for sustaining your business. We offer detailed cash flow analysis and forecasting, helping you manage your finances effectively and prepare for future growth.

EXPENSE TRACKING AND MANAGEMENT

We provide tools and support to monitor and manage your business expenses, from advertising costs to inventory purchases. Our services help you reduce unnecessary costs and improve profitability.

INVENTORY MANAGEMENT

For e-commerce businesses, managing inventory is crucial. We provide comprehensive inventory management solutions, helping you maintain optimal stock levels, reduce holding costs, and streamline your supply chain.

BRAND DEALS AND CONTRACT NEGOTIATIONS

For influencers, negotiating brand deals and contracts can be complex. We offer financial advice and support to ensure you get the best terms and manage your income effectively.

MANAGEMENT REPORTING

Accurate and timely management reporting is essential for making informed business decisions. We provide comprehensive reports that offer insights into your financial performance, helping you identify areas for improvement and growth opportunities.

ONGOING SUPPORT AND ADVISORY

Digital entrepreneurship is dynamic and ever-changing. We provide ongoing financial support and advisory services, ensuring that your financial strategies evolve with your business needs.

FAQs

What services does XA offer?

We provide a comprehensive range of accounting services including bookkeeping, tax preparation, payroll services, management reporting, and financial forecasting. Additionally, as management consultants, we offer strategic business advice and planning to help your business achieve its goals.

How can XA help my business?

We can streamline your financial operations through expert accounting services, reduce your tax liabilities with strategic planning, and provide crucial business insights that enable informed decision-making to drive growth and efficiency.

What industries do you specialise in?

We specialise in serving small to medium-sized enterprises across various industries including fintech, technology, gaming, logistics, and manufacturing. Our diverse expertise allows us to tailor solutions specific to each industry’s challenges and opportunities.

How do we ensure security of financial data?

We use industry-leading security measures driven by the cloud based accounting software we use, secure cloud storage, and strict internal protocols to ensure all financial data remains confidential and protected against unauthorized access.

What is the Minimum Contract Term?

Our minimum contract term is one month, providing you the flexibility to try our services and make sure they are a best fit.

Are your accountants certified?

Yes, all our accountants are certified professionals accredited by by the ICAEW. We are an ICAEW registered accounting practise. This ensures you receive services that meet the highest standards of quality and compliance.

How often will we communicate?

Communication frequency can be tailored to your preferences. Typically, we provide monthly reports and are available for advisory calls as needed. You can also take advantage of our 30 minute business advisory calls if this is part of your package or you have included it as an add on.

What are your fees?

Our fees depend on the services selected. We have transparent packages and you can include add-ons as required. You can also benefit from savings when you pay annually.

What is the process for onboarding clients?

Onboarding involves an initial consultation to understand your business needs. We then sign you up to an agreement and transfer you over from your existing accountant if applicable and set you up on our systems and develop the reporting you need.

Is it easy to change accountants?

Changing accountants is straightforward with us. We handle the transition process from your previous accountant, ensuring that it is smooth and that all necessary financial history is transferred accurately.

What makes Xvaro different?

We stand out through our dual expertise in accounting and management consulting. We not only manage your accounts but also provide strategic insights that contribute to sustained business growth.

HOW DO I ACCESS MY FINANCES?

Yes, our clients can access their financial reports through a secure, cloud-based portal that is available 24/7 (through either QBO or XERO), allowing you to keep track of your financial status anytime, anywhere.

How can I contact you?

You can contact us via email or through our website’s contact form. We are ready to assist you with any inquiries or to schedule a detailed consultation to discuss your needs.

karthik@xvaro.co.uk

What accounting software do you use?

We utilise two leading accounting software platforms QuickBooks and Xero, depending on the best fit for your specific business requirements.

CAN XVARO CONSULTANCY SUPPORT ME?

XVARO consultancy can support you by providing strategic business planning, performance improvement insights, and management advice that aligns with your long-term business objectives. We also support businesses in preparing for funding and sale, finance transformation, process review / build and risk management services.