by Jennifer Dunn | Dec 3, 2019 | Cash Flow
One of the big surprises many former employees discover when they make the leap to entrepreneurship is how your relationship with taxes totally changes. As a W-2 employee, your employer is required to withhold taxes from every paycheck and remit them to the...
by Jennifer Dunn | Nov 25, 2019 | Cleaning Up Your Books, Quickbooks Online
How to Read Your Business’s Financial Statements When you’re running any business, knowing how to read financial statements is king. This is especially true in the world of e-commerce with it’s notoriously low margins added to all of its complicated bookkeeping...
by Tyler Jefcoat | Nov 19, 2019 | Profitability, Selling Your E-Comm Store
If your goal is to sell your e-commerce business someday, many factors will determine how much buyer interest you will receive, not to mention your business’s ultimate sale price. These factors include the quality of your products and listings, your systems, team, and...
by Tyler Jefcoat | Nov 13, 2019 | E-Commerce
Spend your time where you’re making your money. – Doug Jefcoat (AKA Dad) Amazon seller often ask us pointed questions like “When should I expand off of Amazon?” or “When should I launch an influencer campaign?” For example, a seller may be considering...
by Jennifer Dunn | Nov 7, 2019 | E-Commerce
Amazon recently announced that they were raising the minimum Inventory Performance Index score from 350 to 400, effective January 1, 2020. What do New Inventory Score Requirements Mean for Amazon sellers? Back in 2018, Amazon implemented an algorithm-driven Inventory...
by Jennifer Dunn | Oct 21, 2019 | Profitability
On this blog we’ve often talked about Sellers Discretionary Earnings (SDE.) This is the number that potential buyers look at when evaluating whether they want to make an offer on your business. But we realize that not every business owner is ready to sell, or even...
by Jennifer Dunn | Oct 17, 2019 | Cash Flow
“Cash flow is the life’s blood of your business.” We’ve all heard this saying a million times by now, but that doesn’t make it any less true. To run a successful Amazon business, you simply have to have enough cash to purchase inventory, pay bills, pay your employees...
by Jennifer Dunn | Oct 15, 2019 | E-Commerce
Are your sales numbers mysteriously down? When you have a complicated Amazon business with varied SKUs you may find yourself struggling to figure out what’s going wrong. At Seller Accountant, we’ve seen several sellers assume that their performance is simply under...
by Jennifer Dunn | Oct 10, 2019 | Cash Flow, Profitability
Nearly every business owner has been there at some point. If my sales figures are so huge, where’s the cash flow? If you’ve ever found yourself in this spot, a dig through your business’s financials likely shows that the problem is profitability. Happily,...
by Jennifer Dunn | Oct 8, 2019 | E-Commerce
These days, Amazon sellers are scratching their heads trying to figure out from which customers they should collect sales tax. An online seller who thought they had a handle on sales tax even two years ago, will find that the entire sales tax landscape has changed....
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