As your ecommerce business grows, the complexities of financial management can become overwhelming. From budgeting and forecasting to strategic planning and cash flow management, handling these tasks effectively is crucial for sustaining and scaling your business. One solution is to bring in a Chief Financial Officer (SmartCFO). But where do you start? Here’s a guide […]
There are a lot of process and some very specific math involved in starting Profit First but, in my opinion, there is no better way to start out the new year than gaining control of your finances. So, let’s discuss two primary cycles to help you make it all work: a 10/25 rhythm each month, […]
It’s almost Go Time for ecommerce businesses. Q3 is turning the corner into Q4, which means holiday sales and end-of-year crunch time is fast approaching. Before you put your head down and try to make it through, let’s do a quick check up on you and your business. How is your gross margin? Are you […]
As we weather the summer heat wave and 100 degrees plus temps, it’s a good time to do a little housekeeping before business heats up in the fall. Here are 3 action steps you can take right now to set yourself up for success and learn about summer financial housekeeping. Be Aware of Mileage Rate […]
This week’s blog is the last in our 4-part series on preparing for year end and tax time. Q4 is typically a stressful time for ecommerce business owners. The tasks we’ve covered in this series can help ease that stress by breaking the task list down into pieces, with a few tasks to accomplish each […]
Congratulations! You have figured out how to sell on Amazon and are now making a little profit. What’s next? How can you scale and grow your profits so you can be confident in this income stream so you can leave your day job or eventually sell your amazon business? Maybe you’re not sure what to […]
by guest blogger, Laura McCaul, Co-founder of Sponsored Profit For many Amazon sellers, Q4 is their most lucrative time of the year. In 2019, Amazon generated total net sales of 87.44 billion U.S. dollars in Q4 alone! If you want to get in on the action this Q4, it’s crucial that you prepare your Amazon […]
Reviews are vital to a seller’s success on Amazon. Having recent and relevant reviews is crucial in a competitive niche, as reviews impact search visibility. Reviews help inform shopping decisions and set products apart. Reviews also provide other less tangible benefits for sellers. Seeing exactly what a buyer thinks of a product can inform future […]
I had the privilege of engaging in a conversation with Christine Cobb, a key figure behind The Amazon FBA Mastermind: How to Start, Run, and Profit from Your Own Amazon Business, the course that currently fills me with enthusiasm. bookskeep, renowned for its collaboration with numerous Fulfilled By Amazon and ecommerce clients, afforded me the […]
As our business grows and develops, the way we manage ourselves and things behind the scenes has developed as well. As a team, we’ve been spending a lot of time forming our mission statement. What are we here for and what do we want to do for our clients? Ultimately we want to take the […]
