Tag Archives: profit first

Charting Your Path to Ecommerce Success

Understanding financial statements can often feel like trying to read a book in a language you don’t know. For many ecommerce business owners, it’s not about lacking the ability; it’s about using a financial blueprint that doesn’t fit the unique needs of your business. At bookskeep, we’re here to guide you in crafting a financial […]

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2025: The Year to Focus on Profits

The ecommerce landscape is a dynamic and ever-evolving world. As we kick off 2025, many of you are likely coming off a boosted Q4 and the holiday sales season. With the start of a new year, now is the perfect time to think about your business’s performance, evaluate what worked, and identify opportunities to build […]

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How to Safeguard Your Ecommerce Business

 As we end July and prepare the kids for the return to school, we are also inching toward the cooler days and the bustling Q4. These are two big transitions to make In the dynamic landscape of ecommerce, financial turbulence can be a daunting challenge. To safeguard your business and ensure its longevity, it’s essential [...]
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How to Manage Inventory Without Financial Strain

 As an ecommerce entrepreneur, managing inventory often feels like an endless cycle. Constant borrowing to fund inventory can strain your cash flow and make it difficult to achieve financial stability. Unlike brick-and-mortar stores, ecommerce businesses face unique inventory challenges, adding to the confusion. However, there are proven strategies to break free from this cycle. Let’s [...]
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Conquer Q3 with Expert Ecommerce Accounting Tips

 As we enter the third quarter next week, ecommerce businesses must focus on fine-tuning their financial strategies to ensure continued growth and profitability. Profit First provides a great set up to review your business and make sure you’re prepared for what’s to come. Here are some essential steps to help you navigate this Q3 with [...]
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Roadmap to Summer Profits

 As summer approaches, preparing your business for growth is much like gearing up for a road trip. Just as you ensure your car is equipped with gas, oil, and properly inflated tires, your business needs all the right things to thrive. Let's explore the essential financial tools that will serve as your business's GPS, ensuring [...]
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Quick Start to Profit First

A Quick Start to Profit First

 Do you find yourself wondering how much of your Amazon payout should be set aside for your next inventory purchase? Are you struggling to keep track of upcoming supplier payments and upcoming credit card due dates? If these questions leave you scratching your head, it might be time to implement Profit First to take control [...]
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Invest wisely

Investing Profits Wisely: A Guide for Ecommerce Business Owners

 As an ecommerce business owner, the decision to reinvest profits is critical for sustainable growth and long-term success. Let's explore why adopting a Profit First approach can benefit your business and how it sets the stage for strategic development.  The Impact of Profit Reinvestment  Reinvesting profits without a clear strategy can create a cycle of [...]
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Why Profit First Might Not Work for You

 If you’ve been here a while, and probably even if you haven’t, you know we're big advocates of Profit First. It's a system I use in my own business and modified it for my clients so I could write the book on Profit First for Ecommerce Sellers.   However, as much as I believe in its [...]
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