Introducing SmartSell – How Does It Work?
In the second blog of our SmartSell Program series, we’re explaining the ins and outs of the program and what it can do for you. Through a 4-step implementation process and new reports designed specifically to support the sale, SmartSell will provide the financial data you need to keep your business valuation accurate so you […]
It’s Time for a Quick Q4 Check-Up!
It’s almost Go Time for ecommerce businesses. Q3 is turning the corner into Q4, which means holiday sales and end-of-year crunch time is fast approaching. Before you put your head down and try to make it through, let’s do a quick check up on you and your business. How is your gross margin? Are you […]
Introducing SmartSell – The Smart Way to Sell Your Business
With the ecommerce business market being so hot, we have seen several bookskeep clients take advantage and sell their businesses. As we worked with clients through the process, as well as talking with other business owners and exit experts who had been through the sale before, we realized that this was yet another way we […]
Check the Clock – It’s Time for a Vacation!
When Mike Michalowicz, my friend and mentor, first discussed the idea of Clockwork with me, I won’t lie and tell you I wasn’t nervous. The idea of letting some things go and allowing other people to step in and handle them felt scary. I mean, as a business owner some things can only be done […]
Profit First Can Prepare You to Hire
Like we discussed last week, I frequently hear questions about hiring, but the most common is, “How can I be sure I can afford to hire someone?” This is often a problem with entrepreneurs because no one can do it all, and your business can’t grow if things aren’t being taken care of. When your […]
Build a Supportive Ecommerce Team
When it comes time to create a team for your business, how do you go about it? How do you hire people who are going to build the business and support you and each other in the process? These are just a few of the many questions I often hear business owners have when they […]
How to Pay Yourself as an Ecommerce Business Owner
One of the primary goals of owning a business is to pay yourself. A few of the questions we get all the time are, “When can I pay myself? and “How much?” With Profit First, this is a simple math problem, so sharpen your pencil and get ready to get personal. How Much Do I […]
Credit Cards and Better Business Ownership Go Hand-in-Hand
Some things just go together: peanut butter and chocolate, washers and dryers, and ecommerce businesses and credit cards. These little plastic cards have become an essential business tool, in ecommerce especially. In fact, when I talk with clients about profit first, one of the first questions I always get is, “I can still use my […]
Grow in the Business Owner Role
When I decided to write my latest book, Motherhood, Apple Pie, and All That Happy Horseshit, I knew that there had to be other women out there who understood trying to be a good mom and a good business owner. At the beginning of my momtrepreneur journey, trying to juggle these two roles and their […]
The Books Say You’re Profitable, So Where is Your Money?
Now that summer is here and you’ve gotten through the hustle and bustle of tax season, you have more time to look back on your business habits and what needs fixing. You can dig into your business practices, the numbers, and financial accuracy. Look at anything that might help you improve. Most often, ecommerce sellers […]