If you need some extra cash for your e-commerce business, your local brick and mortar bank is no longer your only option. Online lenders offer quick access to cash to make payroll, purchase inventory, and grow your business.
Performing a Break-Even Analysis can answer vital business questions. It helps determine the number of units needed to break even and when profitability will start. By evaluating cost, volume, and pricing relationships, you can pinpoint your break-even volume. This understanding is essential for budgeting, product planning, and profit forecasting.
When you are trying to determine your product costs, it is often confusing about what to include and where it goes in your financial records. Let’s break this down.
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Is one of your business resolutions for 2017 to understand your sales tax requirements? We are thrilled to be able to provide expanded sales tax services by an accounting professional that understands e-commerce. Phyllis Manning, our sales tax specialist, can make sure your business is compliant and up to date as the changing tax landscape […]
Are you looking for ways to save time and money in processing and analyzing your inventory? At bookskeep, many of our clients are utilizing a third-party listing service called InventoryLab. This online software allows you to scan the item into the software, print and attach the individual label, and sort the item into the correct […]
Year-end is approaching, and many of us may feel unprepared for the financial tasks ahead. Whether you need to organize this year’s financial information or implement a better system for the new year, an experienced ecommerce bookkeeper can be your savior. What qualities should you seek when searching for this crucial member to join your […]
I was so inspired to meet Jesse Cole of the Savanah Banana’s at ProfitCon 2016. Jesse was our closing speaker and we were on our feet and crying and laughing. It was a great way to send us off to fight entrepreneurial poverty!
After attending ProfitCon 2016, the conference focused on Profits, I’ve had time to reflect on all the activities. It’s not about greed; rather, we recognize that small businesses drive our economy, yet 80% of them fail within 5 years. As Profit First Professionals, our mission is to eradicate entrepreneurial poverty by empowering others to understand […]
Mark Brenwall gets the award for “Client in the Most Exotic Location.” We enjoy working with Mark because he is proactive in managing his business and he is constantly trying to improve his systems. We love being on his team and want you to know a little more about him.
