Learn to Speak Ecommerce with a Customized Chart of Accounts
Let’s face it, understanding financial statements can be tricky. To many ecommerce businesses, reading a financial statement is like trying to read a foreign language you’re not well-schooled in. You almost need a translator to explain the various classes, categories, and columns! Oftentimes, this is not a problem of you simply not understanding, but more […]
6 Tips to Review Your Amazon Marketing Plan for 2022
How Can You Audit Your Amazon Marketing Plan? The beginning of a new year is a great time to review your existing advertising and marketing strategies for Amazon. January allows you to look at data with fresh eyes after your peak season, giving you some clarity on how your product performed. Having clear ending and […]
What’s So Special About an Ecommerce Bookkeeper?
The beginning of a new year is always a good time to look ahead and think about the progress you want to make in your business during the coming months. Will this be the year you add new platforms for selling your products, expand your product offerings, or move to a better accounting system? All […]
Does Your Ecommerce Business Support the Lifestyle You Envisioned?
The general tendency of most business owners is to measure success in dollars and cents. But truly, the greatest currency we have as business owners is time. From a financial perspective, was your ecommerce business successful last year? How about from a time perspective? How well did you spend your time last year? Time to […]
Ecommerce Tax Time—Breaking it Down Makes it Easy!
This week’s blog is the last in our 4-part series on preparing for year end and tax time. Q4 is typically a stressful time for ecommerce business owners. The tasks we’ve covered in this series can help ease that stress by breaking the task list down into pieces, with a few tasks to accomplish each […]
Tax Time—Ease the Anxiety by Following These Easy Steps!
In Week 2 of our 4-part blog series on preparing your ecommerce business for year-end and tax time, we discussed bank statements, owner pay, expenses, and 1099 filings. Hopefully, you added these tasks to your calendar and were able to knock them out over the course of the week. This week, we’ll look at the […]
New Year’s Resolutions for Entrepreneurs
What are you hoping to achieve next year as an entrepreneur? Do you want more profit, more time with family, more sales, to learn a new skill or software tool? What is one thing you can do to make that change stick? First, get clear on your goals. Quantity is important here. If you have […]
Preparing for Year-end One Task at a Time
Last week, I began a 4-part blog series on preparing for the year-end and tax time. In this series, I’m outlining tips on how to prepare for year-end and tax time without the stress that typically plagues ecommerce business owners this time of year. How did you do with your tasks for Week 1? Let’s […]
How Ecommerce Sellers Can Prepare for Year-end Without the Stress!
Here we are. It’s December already. Q4. That means holiday cheer, peppermint lattes, last-minute shopping, and yes, the dreaded year-end prep time! But does it have to be so stressful? What if you could prepare for year-end and tax time in a more organized fashion and reduce the stress that comes with this time of […]
New to Ecommerce? Get Started on the Right Path Now and Avoid Headaches Later!
The ecommerce business model continues to soar with an almost constant influx of new sellers on Amazon and other online platforms. We see it daily here at bookskeep, both with existing clients and those seeking our help in getting their fledgling businesses started on the right path from the beginning. One of the first pieces […]