In the beginning of ecommerce, success was all about marketing and advertising to make a sale. However, over the years ecommerce business owners began to focus on operations as they saw colleagues exit with high multiples because of the high level of aggregator buying activity. Top line revenue got moved to the back burner to [...]
In the world today’s world of ecommerce, businesses and credit cards often go hand in hand. In today’s financial landscape, credit cards have emerged as a crucial tool, particularly for ecommerce ventures. As a result, one of the most common questions that pops up when discussing Profit First is, 'Can I still utilize my credit [...]
Is tax season a constant source of stress rather than a manageable task? If you find yourself overwhelmed by financial paperwork, it might be time to consider investing in an ecommerce bookkeeping service. While making tax time less daunting is a significant advantage, there are numerous year-round benefits to enlisting professional help. Analytical Accuracy Timely [...]
Like every year, January for bookkeepers everywhere was predominantly spent finalizing financial statements for our clients. For us, year-end is akin to any normal month-end; accuracy remains paramount throughout the year. However, this time of year, ensuring precise inventory figures is essential for taxes. Naturally, challenges will always occur. If, by some stroke of luck, [...]
Calling all business owners and entrepreneurs! It's time to ignite that spark and shower your business with some well-deserved affection. Since February is the month of love, we want you to show your business some love by entering our Love Your Business Contest! 💖 By taking our Business Performance SmartAssessment, you’ll identify those areas of [...]
Understanding financial statements can feel like decoding a foreign language for many ecommerce folks. It's like trying to read a book without knowing the words. Sometimes, the problem isn't that you don't get it, but rather that the financial blueprint you're using doesn't match your ecommerce business. Building this blueprint starts with your Chart of [...]
In the ever-changing landscape of ecommerce, businesses continually fight with new challenges. Now that we’re at the beginning of a new year, we’re coming off a seasonal sales surge. According to Adobe's predictions, online spending was expected to grow by 4.8% last holiday season, reaching an astonishing $221.8 billion. This forecast marks a significant jump [...]
We are getting excited about our upcoming webinar with Chelsea, founder and CEO of SoStocked! We want to remind you to join us tomorrow, January 17th at 11am PST/2pm EST to learn how to tackle inventory this year and stay on top of upcoming Amazon fee changes. Save your spot now! Why We Recommend SoStocked [...]
In the fast-paced world of ecommerce, managing inventory efficiently is crucial for the success of any online seller. That's where SoStocked, an innovative inventory management software, comes into play. SoStocked is a powerful tool designed by an Amazon Seller to streamline inventory management for Amazon sellers, making it easier than ever to stay on top [...]
Happy 2024! 2023 brought us all plenty of challenges, but we made it. This time of year always gets me thinking about a conversation I had once with Beth Fynbo, the visionary behind Busy Baby, LLC, and her thoughts always resonate with me when thinking about the upcoming year. With her remarkable journey of taking [...]
