When I paint, I often lay down the paint and step back. What I see often looks nothing like my vision for the painting. Depending on the medium — I love soft pastels and watercolors — there’s a point where it looks [ read more...]
Are your vendors controlling your cash flow? It happens more often than you’d think. Many ecommerce business owners pay bills the moment they hit their inbox — before they even check whether the cash is there to cover it comfortably. Payment terms [ read more...]
As the trains from the Underground in London arrive in the station, you hear the public service announcement “Mind the Gap.” This simple reminder to watch your step between the train and the platform is a perfect metaphor for Q4 in ecommerce. [ read more...]
Quick question: when’s the last time you actually paid yourself from your ecommerce business? If you’re like most sellers we talk to, you’re watching sales climb month after month — but somehow there’s never quite enough left over to write yourself a [ read more...]
We are creating some new roles in Your Profit Team to ensure that we serve our clients well as we grow. As we developed the job descriptions, we asked our advisors a key question: what are the top revenue-driving responsibilities for each [ read more...]
Ever notice how every time your income grows, you somehow find new ways to spend it? What should feel like progress ends up feeling exactly the same. That’s Parkinson’s Law: work expands to fill the time available, and expenses expand to fill [ read more...]