Why Should an Ecommerce Business Hire a CFO?
Hiring a Chief Financial Officer (CFO) can bring significant benefits to an ecommerce business, especially as it grows and faces increasingly complex financial challenges. Here are several reasons why ecommerce businesses should consider hiring a CFO. Why Hire a CFO? Hiring a CFO can help with many things in your business, perhaps even more than […]
How should an ecommerce business hire a CFO?
Hiring a Chief Financial Officer (CFO) for an ecommerce business involves several key steps to ensure you find the right fit for your organization’s needs and goals: Assess Business Needs: Evaluate your business’s current financial challenges, growth stage, and long-term objectives. Determine the specific roles and responsibilities you expect the CFO to fulfill, such as […]
The First Steps to Hiring a CFO for Your Ecommerce Business
As your ecommerce business grows, the complexities of financial management can become overwhelming. From budgeting and forecasting to strategic planning and cash flow management, handling these tasks effectively is crucial for sustaining and scaling your business. One solution is to bring in a Chief Financial Officer (SmartCFO). But where do you start? Here’s a guide […]
Losing $85,000, Hiring the Right People, and Watching the Robot Vacuum
I’ve recently had three different conversations that all brought up a critical component to business ownership. Bear with me as I recap them for you, I promise it will make sense in the end. Losing $85,000 The first conversation took place during my open office hours. A client joined and we talked about her busy […]
Envision a Future for Your Ecommerce Business
I’m attending a friend’s wedding this week, and it has me reflecting on ceremonies and all the opportunities that lay in the future of the bride and groom. I started thinking on everything that awaits them and the intentions that are shared during wedding vows. It hit me that most of our important life events […]
How to Hire Five Star Employees
Finding your next five-star employee will be easier now that you have considered what makes an employee a good fit for your organization and the role you are hiring for. We’ve discussed the qualities that make a great employee. We’ve considered the skills and aptitudes needed for the job we are trying to fill. Using […]
Five Star Worthy Interviews
In our last blog, I discussed the All In Intensive Program we’ve participated in, and what qualities bookskeep feels make an excellent employee for us. While these qualities are an important piece of the hiring puzzle, finding candidates with the aptitudes and skills necessary is equally crucial. There are several fields, accounting roles especially, that […]
A Five-Star Tip for Hiring
Over the last month, I’ve worked with two of my team members on reworking our hiring process. We have worked through the All In Intensive by The All In Company, founded by Danielle Mulvey who is also a fellow Profit First Professional Mastery Member. Her company takes the principles in one of Mike Michalowicz’s upcoming […]
Profit First Can Prepare You to Hire
Like we discussed last week, I frequently hear questions about hiring, but the most common is, “How can I be sure I can afford to hire someone?” This is often a problem with entrepreneurs because no one can do it all, and your business can’t grow if things aren’t being taken care of. When your […]