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Profit First and Q4: Now’s the Time to Prepare!

A couple of weeks ago I had the pleasure of being a guest on InventoryLab’s OpenLab webinar series. It’s always nice to chat with Jeff Campbell and his team about all things Profit First- and inventory-related. There’s a lot to discuss there, and we make good use of our time together! In this webinar, we […]

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Understanding the Ecommerce Inventory Process

Inventory is the life-blood of ecommerce sellers. You must have it on hand and be able to replenish it when needed in order to keep your business running. Tracking inventory, on the other hand, can be quite the tricky deal. To do this properly, it’s important to understand how to record inventory on your books, an area that many ecommerce sellers struggle with. 

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How to Keep Track of Cash Flow for Inventory

Off the top of your head, would you know the answers to questions about your business expenses, inventory and profit? Questions like, “What amount from my Amazon profit will I have to put back for the next time I make an inventory order? When am I supposed to pay off my supplier? Don’t I need […]

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Create an Inventory Bank Account to Manage Cash Flow

Are you having cash flow issues? Do you come up short of cash when you reorder inventory?   It’s human nature to look at our bank balance and make a judgement about our financial health. When you use a single checking account for all your business expenses, the funds you are counting on to replenish your inventory are mingled with all […]

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ASD Market Week in Vegas!

Bookskeep invites you to join us as we participate with other business owners who are succeeding in the e-commerce world.  Our own Cyndi Thomason will be speaking about Profit First for e-commerce businesses as part of the Internet Merchants Association (IMA) Classes on Monday March 12 at 2pm.  Cyndi will also participate in the A2X […]