To ensure accurate and up-to-date financials, commit to regularly monitoring your numbers and ensuring proper allocation of funds and expenses. Implementing effective systems can streamline this task, requiring minimal time investment. However, if you approach it haphazardly each month, you risk relinquishing control over your time and money to Parkinson’s Law. You’ve heard me talk […]
As all good business owners know, the key to accurate financials is accurate data. What goes into those numbers determines what your financial reports are going to tell you. You want to ensure that you’re getting an accurate picture of your business’ current health. One thing I talk about quite often is cash on hand. […]
Watch or read a client testimonial from client testimonial from Kevin Lehoe of The Office Oasis.
… “I 100% recommend it and it’s, it’s definitely worth you know, getting on board and having this service because it’s just feels like another member of your team that’s helping you out in the grand scale of your your business.”
From the 1st to the 15th of each month, our team is scrambling to ensure we get financials out to our clients because we know the sooner we get the data in their hands, the sooner they have data for solid decision-making. I wonder though, how quickly do our clients open the reports once they receive […]
“Know your numbers” is a common phrase when we advise our clients. No one has ever asked me which numbers and why? But I think these are good questions, so I’m going to give you a rundown on the important numbers. Let’s start by getting clear about the purposes your financial statements serve. Just like […]
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 […]
We’re now officially in the back half of the year! Do you know how profitable you are? If you have not done an inventory true up yet this year, I challenge you to take that step now before you get into Q4 crazy days. If you have been booking COGS all year, without looking at […]
