Smart Steps for Year-End Prosperity
Now that we’re halfway through August, it’s time for mid-year client check-ins. This is just something I like to do to help clients evaluate their business's financial health. It’s a great way to review the first half of the year and wrap up the rest of it. Performing this check-up creates a solid foundation for [...]
Sales and Profit: The Core Connection
Sales are often considered the backbone of any business, generating cash and supporting profit. However, merely increasing sales may not always lead to higher profits. To build true stability, businesses must ensure that sales support profitability. The sales process involves five core steps: creating a connection with buyers, securing payment agreements, delivering the product, collecting [...]
Leveraging the Power of Outsourced Ecommerce Bookkeeping
Ecommerce has revolutionized the way businesses operate, enabling entrepreneurs to reach global markets and cater to an ever-expanding customer base. As an ecommerce business owner, you understand the importance of efficiency and accuracy in every aspect of your operations. One crucial aspect that should never be overlooked is bookkeeping. Accurate financial records form the backbone [...]
Navigate Quarter Three Ecommerce Accounting Like a Pro
As an advocate for financial literacy and someone who works specifically with ecommerce businesses, I firmly believe in the power of Profit First to transform the way you run and look at your business. With the Profit First approach, you can ensure your ecommerce business not only thrives but maximizes profitability so you can take [...]
Your Top 5 Questions from 2022
2022 was a year of ups and downs as we all know, however, you all have been a great support to us here at bookskeep. As one of our core values is “Educating”, we strive to reflect that in our blogs and give you the information you really need to help support your life, business, […]
Your Ecommerce Q4 To-Do List
Q4 is of course our most busy and stressful time of year as ecommerce business owners. However, over the years I’ve picked up on a few tricks to help divide the work and ease the stress over the next few weeks. Let’s talk about them. Tidy Up One of the first things to do is […]
SmartStatements: A Visual for Your Numbers
Our fourth and final blog of this series is a discussion of a new client service called SmartStatements. This service offers a visual look at financial statements using charts and graphs to make your statements a little easier to understand. What If? I hear from people all the time, “I’m not a numbers person, so […]
What to Review on Your Balance Sheet
In our third video blog of our financial statement webinar series, we are discussing the Balance Sheet. This statement holds a lot of valuable information about your business from its inception, so understanding it is a crucial piece to success. What to Review on Your Balance Sheet Let’s dive into the Balance Sheet and the […]
What to Review on Your P&L
In our second video blog of this series, we dive into the Profit & Loss Statement, or your P&L. This is a critical report and understanding how to review it and what to pay close attention to will help you keep a pulse on your business. What to Review on Your P&L Let’s dive into […]
