Leadership is Personal—It Begins with You
To wrap up our series on financial statements, we’re going to dive into the final statement that helps you manage your numbers—the Cash Flow Statement. This statement is the most difficult to understand when it comes to ecommerce bookkeeping.
When you pull your financial statements, what do you look at first? Chances are you go straight to the net profit line. Last week, in addition to the net profit number, I shared other aspects of your Profit and Loss report that you should be evaluating. This week let’s look at the Balance Sheet to […]
As a business owner, you should be reviewing your financials every month. These reports are the pulse of your business. But what exactly are you looking for? Let’s break it down!
For a new business owner who isn’t really familiar with how the books work, keeping up with your ecommerce bookkeeping can be confusing. You know your numbers are important, but you may not know exactly what they mean or how to sort through them.
The Fix This Next framework we have been discussing in our weekly blog and bookskeep BUZZ for the last several weeks has worked so well for us, allowing us to zero in on the needs of our clients. For some time, we have realized that our ecommerce bookkeeping clients need our help beyond just knowing […]
It is pretty typical with the ecommerce accounting businesses we work with, to find clients in the first three levels of the Business Hierarchy of Needs (BHN). Where do you land? Take the Fix This Next Assessment now if you haven’t already, and then keep reading.
Have you dialed in your Sales and your Profit? If so, the Order Level may need your attention next. To find out for sure, take the Fix This Next Assessment so you can focus on the correct core need in this level. The Order Level is one of my favorites because it addresses efficiency and […]
Today we’re talking about the second level in the Business Hierarchy of Needs – Profit! You guys know that’s my jam. If you haven’t taken the evaluation yet, do that today so you can concentrate on the vital need in your business.