As the year winds down, entrepreneurs like you have a unique opportunity to reflect on what’s worked, what hasn’t, and where you want your business to go in 2025. Whether your vision includes increasing profitability, freeing up more personal time, improving operations, or learning new skills, setting intentional goals can pave the way for meaningful […]
As an ecommerce business owner, the end of the year can feel like a whirlwind. With holiday sales and planning for the new year, tax season might be the last thing on your mind. However, tackling tax prep now can save you stress later and ensure you start the new year on solid financial footing. […]
Managing receipts is a critical yet often cumbersome aspect of running a business. Trust me, I know. My assistant and I work through piles of receipts all year, organizing and filing them just so. However, Relay has come to our rescue with their new Receipt Management feature. They’ve streamlined this process, offering a structured approach […]
As a business owner, managing cash flow effectively is crucial to your company’s success. The Relay Visa Credit Card offers a solution designed to enhance your financial management and streamline team spending. As a remote team, this Relay feature is one of the most beneficial to us when our team members need to make company […]
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, […]
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 […]
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 […]
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 […]
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 […]
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. […]
