Year-End is here, and it's crucial to take a step back and get your financial house in order. As an ecommerce finance expert, I'm here to provide you with a tailored year-end ecommerce checklist to help you navigate this crucial period for your business. By focusing on one thing at a time, we can ensure [...]
Year End is only a handful of weeks away, which means it’s time to start making your financial plan for the New Year. As we reflect on the past and prepare for the future, I'd like to offer you seven essential steps to help you navigate the financial landscape ahead with confidence and foresight. Secure [...]
I recently got to sit down and chat with one of our fantastic bookskeep clients, Phil from CBGSOURCING. Our conversation turned into a great discussion of the world of artificial intelligence (AI) and its significant impact on various industries. He shed light on how AI, particularly tools like Chat GPT and Bard, has become a [...]
Cash flow is the lifeblood of any business, essential for daily operations and future growth. In the guest blog Cyndi wrote for Carbon6, she explains how financial statements like the Profit and Loss Statement (P&L), the Balance Sheet, and the Cash Flow Statement can provide insights into your business's financial health. It’s essential to understand [...]
Are you new to the world of ecommerce? Starting off on the right foot is crucial to avoid potential pitfalls down the road. Ecommerce is experiencing rapid growth, and while some business sectors face challenges, new sellers join Amazon every day. Many of these newcomers seek guidance on how to establish a solid financial foundation [...]
Have you experienced a surge in sales during the holiday season? If so, how did you handle your cash flow? During periods of rapid growth in your business, it can be easy to get caught up in the excitement of increased sales and the accompanying challenges. Perhaps you had to make strategic shifts in your [...]
Considering a loan for your ecommerce business? There are several compelling reasons you might find yourself contemplating this financial step. Perhaps your business is experiencing rapid growth, demanding faster inventory restocking than your sales can accommodate. Maybe you've got an exciting new product idea, but prefer to finance it separate from your existing business operations. [...]
It’s hard to believe that it’s already the last week of Q3 for 2023, and yet, here we are! If you haven't conducted an inventory true-up yet this year, I encourage you to take this essential step before the calendar officially begins Q4 and the rush begins. Failing to keep an eye on your inventory [...]
This year, I had the privilege of spending four days in the presence of 49 other top ecommerce accountants from across the world at the A2X conference. It was truly an honor to share and learn from my colleagues from the US, Canada, UK, Australia, New Zealand, South Africa, and more. It was fascinating to [...]
As a company dedicated to offering our clients the best, we’re always evaluating new software and tools to ensure we are partnering with top performers. In today's fast-paced business world, choosing the right payroll service provider is crucial. With various options available, it's essential we understand the strengths and weaknesses of each to make an [...]
