Debt and Growth in Your Business and the Role Each One Plays
I often hear comments from ecommerce business owners that they have to have debt in their business in order to grow. I understand the mindset. While some debt can be a good thing, not all debt is created equally, so there are factors that need to be considered. The same is true with growth. Here […]
5 Steps to Building a Cash Strategy That Works for Your Ecommerce Business
Your business is thriving, sales are soaring, and your bank accounts are looking healthy. It seems like you’re living your dream, doesn’t it? However, as an ecommerce seller, you’re likely familiar with the flip side of this success. You know that the boom times can be followed by challenging periods where every dollar is stretched […]
bookskeep: The Small Business Support System
bookskeep started as a simple desire to meet the educational needs of my daughter. By operating a virtual admin business I was able to obtain extra income to provide her private tutoring, utilize my business savvy mind, and be a taxi driver. By 2011, my small business was helping to support our household. Due to […]
How Profit First Changed The Way We Think
In October 2014, I met Mike Michalowicz at QB Connect in San Jose, CA. I sat in a seminar room listening to a boring presentation, hearing the laughter from the room next door. I decided to go to the “fun” room where Mike was presenting and it has been “FUN” ever since. That day Mike […]
Cash Flow Management for Ecommerce Sellers–Do You Have a Plan?
It’s been just over a year now since our world dramatically changed. We all were forced to think outside our usual boxes, in life and in business. Was it all good? Absolutely not, but was it all bad? I don’t think so. As with most things, there has been some good to come from it. […]
Profit First Tax Strategies for Ecommerce Sellers
Here we are, just a week away from April 15th. Tax Day. Hopefully by now, you have 2020 wrapped up or at least ready to file. So, what happens next? Do you close the book and not worry about taxes again until next year, hoping it all just works out? You could, but I don’t recommend it! Instead, put a plan in place that will require a minimum amount of attention throughout the year. Profit First prepares you for taxes without the stress. Now, that’s a great plan! Here’s how it works.
How To Increase Your Amazon Profits
I recently joined forces with the folks at GETIDA to present back-to-back webinars on a topic I know interests all ecommerce business owners–Profits! As you read today’s blog, offered by Yoni Mazor of GETIDA, you’ll understand what I mean. This is exciting and I can’t wait to share more on Amazon Profits! How To Increase […]
5 Key Levers to Drive Profits—Levers 3, 4 and 5
This is the fourth and final installment of the 4-part blog series on profitability I recently did for Teikametrics.com, To wrap up our series, in this blog we take a look at the final three levers that are key to driving profits in your ecommerce business. If you missed the first three blogs, check them […]
5 Key Levers to Drive Profits—Identifying 1 and 2
In the third installment of the 4-part blog series on profitability I recently did for Teikametrics.com, I talk about the 5 key levers to driving profits for your business. Read on to learn about the first two identifiers. If you missed the first two blogs, check them out here!
Maximizing Profit is the Goal – Let’s Understand Why!
This week is the second installment of the 4-part blog series on maximizing profits that I recently did for Teikametrics.com. If you missed the first one, check it out here! I’m excited to be participating in a Teikametrics webinar on February 16th. The topic is “Advanced Accounting Tips to Grow Profits for Your Ecommerce Brand.” […]