Allocate Your Profits for the New Year
As we embark on a new year, it's a perfect time to contemplate how we can strengthen our businesses and ensure they flourish in the months ahead. One common strategy that often surfaces is the idea of reinvesting profits. While it seems like a logical approach, there's a fresh perspective worth exploring. Particularly when your [...]Tax Season Has Come Early This Year
Although it may seem like the end of the year is too busy to fit another thing on your list, it's actually the best time to tackle the challenges of tax season. For ecommerce business owners, tax season can be particularly stressful. However, starting early and breaking your list down into our 5 simple steps [...]Achieve Your Ecommerce Goals in 2024
As the year 2023 comes to a close, entrepreneurs like you may be contemplating what you want to achieve in 2024. Whether it's increased profits, more quality time with family, higher sales figures, or learning new skills, setting meaningful resolutions can help you make lasting changes. Here are 6 steps to ensure your resolutions stick [...]Resolutions for Big Wins
This time last year, I had a thoughtful conversation with one of our amazing clients, Beth Fynbo, the visionary behind Busy Baby, LLC. Beth had shared her insights, which serve as valuable reminders for this time of the year. Over a relatively short span of time, Beth has transformed her business from a mere concept [...]Navigate Quarter Three Ecommerce Accounting Like a Pro
As an advocate for financial literacy and someone who works specifically with ecommerce businesses, I firmly believe in the power of Profit First to transform the way you run and look at your business. With the Profit First approach, you can ensure your ecommerce business not only thrives but maximizes profitability so you can take [...]Unleash the Power of Vision: Create, Communicate, and Align for Growth
One of the best things I did for my business was creating a vision statement and communicate it to my team. It has kept me focused and helped guide my team in decision-making as well. Creating a compelling vision, effectively communicating it, and setting and adjusting goals on a quarterly basis are key to keeping [...]Building an Ecommerce Cash Reserve Cushion
2023 is more than halfway over now, which means it won’t be long until were back to the busy selling season. While July may seem too early to even think about Q4 and busy holiday sales, the start of Q3 is the time to make your plan for an ecommerce reserve cushion. This means the [...]Survival Plan Checklist
Since the launch of Mike Michalowicz’ book, Fix This Next, I have used the diagnostic tool in the book to help me analyze and continually work on my business. The tool is a great resource for fixing problems, but it can also help you prepare for them so the impact is less when new problems […]
Plan for a Potential Crisis
Talk of recession seems to be taking over the ecommerce circuit even more as of late. Everyone is buckling down, trying to figure out how they can come out on the other side if the recession does hit. The best thing to do is plan, not panic, and the best way to plan is to […]