Assessing the Health of Your Ecommerce Business
In the past, I’ve discussed how to set up your Profit, Owner’s Comp, and Tax accounts using the Profit First method. But do you know how much to add to each account? Luckily, you don’t have to guess. You can use the Instant Profit Assessment instead. Know the Real Numbers Until now, I’ve only talked […]
Are You Ready to Pay the Tax Man?
Everything is so expensive right now. This week alone I got notifications from two software companies and my business insurance agency that their prices were going up. Not to mention the extra costs for gas and groceries. As if that’s not enough to manage, we have to be ready to pay our tax bill in […]
Can Business Habits be Profitable?
We’re all creatures of habit, and when you’re a business owner with a lot on your plate, falling into the habit of pushing things off until that last-minute during tax season can be pretty easy. However, when it comes to making a real profit continually, procrastination isn’t going to cut it. You need to be […]
Cyndi’s Latest Book Coming May 4th!
Cyndi’s New Book Is Almost Here I am thrilled to announce that my latest book, Motherhood, Apple Pie, and All That Happy Horseshit will be available to purchase on May 4th, just in time for Mother’s Day! This book is perfect for that mom or soon-to-be mom who is considering starting a business (or already […]
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 […]
Back to Basics—Business Types and Accounting Methods
For anyone who knows me, you know that I love visiting with folks about their numbers! It’s always a hot topic. I did a 4-part blog series last fall about how to get the most out of your financials, and it was very well received by our industry audience. In fact, it led me to […]
Learn to Speak Ecommerce with a Customized Chart of Accounts
Understanding financial statements can be challenging for many ecommerce businesses. It can feel like deciphering a foreign language without proper knowledge. Often, the issue lies not in your understanding, but in the suitability of the chart of accounts used. Standard accounting software may not be the best fit for an ecommerce business. That's where a [...]