Third-Party Check Support for Smarter Ecommerce Banking
At bookskeep, we’re always on the lookout for tools and services that make financial management easier and more efficient for ecommerce businesses. Relay Financial, a trusted partner of ours for years now, recently introduced a new feature that we’re excited about: third-party check support. As a company that uses Relay for our own banking needs, […]
Don’t Let the CTA Deadline Slip By: How to File Your BOI Report
With the end of the year and the busy Q4 season upon us, it’s crucial to remember the new government reporting deadline on December 31, 2024. If your business was operating at the start of 2024, you’re required to file this report before year’s end. This blog will help you understand the filing process, avoid […]
Corporate Transparency Act: You Have Less Than 60 Days
With the Corporate Transparency Act (CTA) now in effect as of January 1, 2024, it’s important to consider if Beneficial Ownership Information (BOI) reporting is on your to-do list this year. Many of our clients are impacted by this new requirement, so here’s a streamlined guide to help you determine if you need to report […]
Are You Prepared for a Strategic Exit
Exit planning is a critical but often neglected aspect of running a successful ecommerce business. Many of the clients we work with through the exit process realize they’ve been so focused on daily operations and growth that they haven’t considered how they might eventually transition out of the business. That’s where bookskeep’s SmartCFO services come […]
Revamp Your Financial Management
In the ever changing world of ecommerce, having robust financial systems in place is essential for managing growth, maintaining stability, and driving profitability. Yet, many businesses grapple with disorganized or inadequate financial systems, which can lead to a host of operational challenges. Almost every client we see at bookskeep has struggled with these kinds of […]
Enhancing Your Forecasting Accuracy
In the fast-paced world of ecommerce, effective financial forecasting can be the difference between thriving and merely surviving. Yet, many ecommerce businesses struggle with this crucial aspect of financial management. Without accurate forecasts, companies can face a host of challenges, from cash flow problems to missed growth opportunities. This is where a CFO can help. […]
The Benefits of Structured Exit Planning
Exit planning is a critical yet often overlooked aspect of running a successful ecommerce business. Many business owners focus on day-to-day operations and immediate growth but fail to consider how they will eventually transition out of the business. Whether you’re considering selling your ecommerce business, passing it on to family members, or simply preparing for […]
Overcome Operational Inefficiencies with Expert Oversights
Efficient business operations are the backbone of a successful ecommerce business. Yet, many ecommerce companies struggle with streamlining their operations, which can lead to inefficiencies, increased costs, and missed opportunities for growth. CFO services can play a crucial role in addressing these challenges by optimizing operations and ensuring that all aspects of the business work […]
WEB Collab – Women in Ecommerce Business – Webinar Series
WEB is a network connecting women ecommerce entrepreneurs so we can grow from our strengths as women. We offer programs that provide advice, support and connection by women and for women in our industry. Upcoming WEB Webinar Series: September 24, 25 1-2:30pm Eastern Michelle Hui, Founder of Vim&Vigr and ShopDot How to continually reinvent your […]
The Key to Ecommerce Success: Improving Strategic Planning and Goal Setting with CFO Guidance
Strategic planning and goal setting are fundamental to the success of any ecommerce business, as you probably know. Without a clear roadmap and well-defined objectives, businesses can struggle to navigate growth opportunities, respond to market changes, and achieve long-term success, which you might also know. This is where CFO services can become invaluable. When talking […]