This Client Spotlight focuses on Emu Joy. Carole throws herself into learning and is always looking to improve! We have been working together on Profit First for many months and it’s nice to see her progress and growth in the business.
When you are calculating the cost of your products, how do you handle the freight? Is it included in your cost of goods sold calculation? Or do you pay it from an expense account designated for freight or shipping?
As with many accounting questions the answer is, “that depends…” Here’s the scoop.
Most Amazon sellers start as small hobby businesses and often prefer the cash method of accounting. It’s simple and similar to managing personal finances, where sales are considered income, and expenses are recorded when payments are made. Cash flow is easily understood with this approach. Small businesses can use the cash method until their annual […]
Our founder Cyndi Thomason, spoke with Robyn Johnson about using Profit First to help small businesses succeed. This is a free podcast episode, featuring Cyndi, on The Unstoppable Entrepreneur Show with Robyn Johnson | Selling on Amazon, Ebay, and More.
