Understanding The Cash Flow Waterfall in Your Ecommerce Business
“Where does my cash go?” It’s a typical question I hear many times. Along with this one—“My P&L shows I made $400,000, so why don’t I have that much in my bank account?” My favorite graph to illustrate the solution to this problem is the Cash Flow Waterfall. In the example below, we have used [...]
Profit First and Inventory Lab – Making Cash Work for You!
Good news! Today we're going to discuss how to use Inventory Lab to assist in managing your Profit First Cash Flow system. I'm excited to share this with you because it represents a breakthrough in my thinking that occurred while I was on my 4-week vacation recently. Earlier this year, Jeff Campbell from Inventory Lab [...]
How to Eliminate Cash Flow Headaches for Ecommerce Sellers
What’s your greatest challenge as an ecommerce business? I always ask this question as I speak with potential clients and other ecommerce sellers. The resounding answer is most often—Cash Flow! My guess is it’s the same for you. Cash flow is generally one of the greatest challenges because it fluctuates so much, just by the […]
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. […]
Bright Ideas Podcast: Mastering Cash Flow in Your Amazon Business Using Profit First
In this podcast with Trent Dyrsmid of Bright Ideas, I share why the Profit First cash flow model is one of the most clear-cut strategies to help ecommerce sellers understand inventory cash flow.
Cash Flow Management in a Crisis: The Amazon Files Podcast
In this podcast with Mommy Income, I offer tips on how Amazon business owners can better manage their cashflow. We talk about how understanding your cash flow can help you weather general ebbs and flows of ecommerce business, as well as crises such as the COVID-19 pandemic.
Profitability and Cash Flow – How Do I Keep Score?
If you're a sports fan, you most likely keep a close eye on "the numbers." And not just the goals or runs. You may be that person who pours over the stats of key players, the team’s overall record for the season, etc. You follow the numbers and you understand them. Am I right? Profitability [...]
Amazon ACoS: Understanding Your True Advertising Costs
One of the biggest concerns sellers have when it comes to Amazon PPC is their Advertising Cost of Sale (ACoS). ACoS is by far the most popular metric used to measure the performance of Amazon advertising campaigns. ACoS is that fickle percentage many sellers rely on to help them determine how they should bid on […]
Ecommerce Businesses Ask, “What is Important on My Cash Flow Statement?”
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.
