Strategies to Keep Your Cash Flow Working for You!
The “busy-ness” is ramping up in the Amazon world as sellers prepare for the 4th quarter holiday season. Before you get caught up in all the action, take a few minutes now to prepare your strategy and it will make executing much easier during the busy time.
QuickBooks Online—A Good Fit for Ecommerce Sellers
Have you noticed that I’ve had a bit of a blog theme going the past several weeks? If it seems like I’ve been talking a lot about tools and systems, you’re right! Why? Because our business (and likely yours, too) could not function without the right tools in place. At least, not as effectively. The […]
InventoryLab: A One-Stop Shop for Amazon Sellers
Inventory: It’s the very foundation of all ecommerce businesses. If managed properly, your inventory can send sales through the roof. If managed poorly, your sales can fall off a cliff and leave you wondering what just happened.
Client Spotlight: Spy Guy
While we have worked very hard to get bookskeep to this point, we are well-aware that none of this would be possible without our amazing clients, many of whom have been with us from the very beginning. One such client is Allen Walton, founder and president of Spy Guy. Here’s what Allen had to say about his experience working with bookskeep.
How Entourage Margins Can Keep Your Business from Leaking Profits
Picture this—you’re an Amazon seller and your business is finally starting to take off. Your products are flying off the shelves, so money must be flying in, right? However, when you take a look at your financials, you’re actually losing money instead. All your costs and expenses seem to add up and you should be […]
Xero Accounting Software – An Easy Solution for Ecommerce Sellers
Our philosophy at bookskeep is to work only with those tools and systems that are proven to be top-notch in their field; those that provide a user-friendly platform, generate easy-to-access reports and help us to operate more effectively for our clients. We look for these criteria in both our internal tools and tools that our […]
Whatever You Do, Do it With Gusto!
As your e-commerce business grows, you’ll reach a point where expanding your team becomes a possibility. This signifies your hard work paying off and your business’s success. If you’ve adopted Profit First, you might have reached this stage sooner, thanks to its effective processes for growth. Congratulations on your commitment to your business and its […]
Simplify Your COGS Tracking with A2X Software
At bookskeep, we take pride in using the best tools out there to provide the most accurate bookkeeping records for our clients. Some of these tools and systems are the latest and greatest; others are well-established, reliable systems that have been around for a while. While we’re always looking for ways to streamline and be […]
The Disconnect Between Your Books and Your Cash on Hand
I think it’s always good to spend a little time now and then reflecting on your business; keeping in tune with the heartbeat of your operations. Are you managing things well? Understanding your numbers and producing financials that are providing you with an accurate picture of your business’s current health?
How to Keep Track of Cash Flow for Inventory
Do you have a clear understanding of your business expenses, inventory, and profits? If not, it’s time to implement the Profit First system. This system helps you manage cash and track spending effectively, so you know exactly how much to allocate for inventory orders, when to pay suppliers, and when to settle credit card bills. […]