I often get the question from new clients of “what does the team actually do” during the month. It’s not offensive. It’s a fair question. So, here’s a...
We’ve talked a lot in other posts about the benefits of Investor-Ready Financials, but now I want to show you where the rubber actually meets the road. One...
Sometimes clients come to us with an existing accountant they’re not thrilled with, and they wonder… “Why would I go with a more expensive solution when my less...
The question probably on your mind right now is: “Will this work for my specific business?” You’re wondering if we can understand the nuances of your channel mix,...
To get the best outcome from a loan application, equity fundraising, or M&A opportunity, ecommerce companies must ensure their financials are investor-ready. What are investor-ready financials? Financial statements...
Ecommerce brands fall prey to the classic problem of the right hand not knowing what the left is doing. In the case of ecommerce, the right hand is...
If you read The Power of Purchase Orders, you know the importance of operationalizing purchase orders in your business. If you manage purchase orders effectively, ecommerce inventory management...
Most ecommerce businesses are issuing purchase orders (POs) formally or informally. Most of the time, these get buried in long email chains and WhatsApp messages. Most companies could...
When ecommerce business owners think about acquiring new customers, they usually consider new ads, affiliates, partnerships, and content creation. In other words, organic and paid marketing strategies. Which...
Jungle Scout recently released their 2023 Amazon seller report. With insights from over 2000 respondents, it’s a comprehensive study of how small and medium businesses (SMBs) respond to...
What you’ll learn: How to use public companies’ data to your advantage (10-K reports are free and publicly available) The nuances of revenue recognition, gross profit, and inventory,...
What you will learn: What bookkeeping is and why better bookkeeping practices is essential for your ecommerce business The key differences (and similarities) between ecommerce bookkeeping and ecommerce...
What You Will Learn: The benefits of outsourcing your business’s bill payment functions Tools that your business can use to improve the way it currently pays its bills...
If you’re like most Shopify sellers, scalability is always a topic of discussion. Creating strategic plans, executing precise budgets, and understanding the direction your business is headed rely...
The ecommerce business landscape is cluttered with metrics that can be overwhelming to the average business owner. Owners need to know the key ecommerce metrics that matter the...
Customer Lifetime Value (CLTV or CLV), also referred to as Lifetime Value (LTV) is one of the most misunderstood metrics when measuring an ecommerce business’s performance. In this...
I often get the question from new clients of “what does the team actually do” during the month. It’s not offensive. It’s a fair question. It’s like...
At some point, companies grapple with the question of cash v accrual accounting to record their financial transactions. The concern is valid as the two accounting methods have...
You look at various metrics to measure your company’s success: ROAS, conversion rate, customer lifetime value, average order value – you name it. However, one critical metric is...
The best Amazon sellers aren’t just researching and listing products. They are thinking through their entire business, including accounting. As you scale your business, you’ll realize the need...
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