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.
Client Spotlight: Industrial Puppy, Inc.
Managing cash flow is always an important part of handling your ecommerce business financials. Now more than ever, you need to be aware of where your cash is going. You also need to know how to keep money coming in during times of uncertainty. Luckily, bookskeep’s 13-week Cash Flow Plan can show you just that! That’s exactly what we did for Industrial Puppy.
What to Fix Next? Cash Flow!
I’m looking forward to Mike Michalowicz’ new book coming out in late April entitled, Fix This Next. You may remember Mike is the author of Profit First, and he believes this book will be more impactful than Profit First. I’ve been using the diagnostic tool described in the book for the past several months […]
