New Year Means a New Financial Plan
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 [...]Maximize Your Holiday Profits
It’s the holiday season, which is the most wonderful time of the year for many of you ecommerce sellers. Your well-crafted plans are jumping into action, and I hope your bank accounts will ring with record-breaking holiday profits! While you might not think you need to be concerned with cash flow management during the seasonal [...]Effective Ecommerce Cash Management During High Sales Periods
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 [...]A Road Trip to Financial Success
The road to financial success may seem never-ending, but if you read the directions right, you can get to your destination in perfect time. This month, we’re taking you along on our Financial Road Trip to Success! We’re going to cover some essentials for the journey that will ensure you arrive excited and prepared for […]
Quarterly Action Planning
First Quarter is almost a memory. Are you set up to accomplish your goals for 2023? The adage goes “Failing to plan is planning to fail.” Take a moment and give your goals some attention. You know as Q2 progresses you will get busy with summer fun with kids home from school. Q3 you will […]
Growing Your Business – Finances & Planning
Now that you’re ready to expand, you need to make sure the important things are in order. One of the most important pieces is of course finances. You also need to make a game plan so you can keep yourself on the path of growth! Finances Keeping an eye on your finances is a big […]
2 Key Aspects of Financial Statements and What They Tell You
From the 1st to the 15th of each month, our team is scrambling to ensure we get financials out to our clients because we know the sooner we get the data in their hands, the sooner they have data for solid decision-making. I wonder though, how quickly do our clients open the reports once they receive […]
bookskeep: The Small Business Support System
bookskeep started as a simple desire to meet the educational needs of my daughter. By operating a virtual admin business I was able to obtain extra income to provide her private tutoring, utilize my business savvy mind, and be a taxi driver. By 2011, my small business was helping to support our household. Due to […]
Gross Profit Margins and Financial Health
As a business owner, the success of our business is what we put a majority of our energy into. We look into a lot of different moving parts when it comes to checking the health of our business, but we tend to focus on the top line sales number. Of course, there is no denying […]