Relay Bank Makes Ecommerce Banking a Dream
In 2019, while I was attending QB Connect, I stumbled upon Yoseph West with Relay Bank. I quickly became interested in this online banking service and my excitement grew as everything I heard sounded like the perfect addition to my Profit First for Ecommerce Sellers toolbelt. After the event, I went home and decided to […]
Essential Tax Prep Bank Accounts
Prices continue to rise and it’s taking a toll on everyone. Everything has doubled (at least) in price and we still have to be ready to pay that tax bill soon on top of gas and groceries. It’s a bit overwhelming if you aren’t ready, so my question is, are you? Preparation with Profit First […]
How to Create a Profitable Product
Even if you don’t look at any of your other business numbers, the one that you should be looking at is Gross Margin. It’s important to know if your Cost of Goods Sold and the Cost of Sales is less than the Total sales by an amount big enough to fund operations, pay yourself and […]
How Profit First Changed The Way We Think
In October 2014, I met Mike Michalowicz at QB Connect in San Jose, CA. I sat in a seminar room listening to a boring presentation, hearing the laughter from the room next door. I decided to go to the “fun” room where Mike was presenting and it has been “FUN” ever since. That day Mike […]
The Way We Do What We Do: Our Immutable Laws
As an ecommerce accounting company, we are committed to a lot of things. We’ve built a strong foundation and we know why we do what we do. We guide entrepreneurs to financial freedom. As our group discussions progressed it became apparent that the way we do things was just as important as what we were […]