Your Holiday Survival Guide to Ecommerce Tax Prep
As an ecommerce business owner, the end of the year can feel like a whirlwind. With holiday sales and planning for the new year, tax season might be the last thing on your mind. However, tackling tax prep now can save you stress later and ensure you start the new year on solid financial footing. […]
Essential Tax Prep Bank Accounts
Prices continue to rise and it’s taking a toll on everyone. Everything has doubled (at least) in price and we still have to be ready to pay that tax bill soon on top of gas and groceries. It’s a bit overwhelming if you aren’t ready, so my question is, are you? Preparation with Profit First […]
January Tax Warm-Ups
January is the time to think taxes. Of course, you have until March or April to file income taxes depending on the business entity type, but you may also have some obligations in January. If you have employees or if you paid contractors, you have deadlines of January 31, 2023. Let’s make sure you have a […]
Your Ecommerce Q4 To-Do List
Q4 is of course our most busy and stressful time of year as ecommerce business owners. However, over the years I’ve picked up on a few tricks to help divide the work and ease the stress over the next few weeks. Let’s talk about them. Tidy Up One of the first things to do is […]
Summer Financial Housekeeping
As we weather the summer heat wave and 100 degrees plus temps, it’s a good time to do a little housekeeping before business heats up in the fall. Here are 3 action steps you can take right now to set yourself up for success and learn about summer financial housekeeping. Be Aware of Mileage Rate […]
Initial Business Setup – Structure, Sales, & Expenses
Yes, your product is awesome! But behind-the-scenes of every awesome product, you’ll need to ensure your business is set up to support you and your efforts on the entrepreneurial adventure. Things like your sales channels, support tools & systems, processes and your teams are all part of an important equation. Without these items, you’ll have […]