Most eCommerce founders focus on efficient customer acquisition and conversion as their primary objectives. But the truth is inventory management is the backbone of every retailer. You might have an amazing brand and vision, but it’s hard to stay in business if you have no stock to sell, or if you’re selling at a loss.…
Discounting is a tricky subject. Personally I have a love/hate relationship with the topic as one size does not fit all businesses. My general advice to founders is to avoid discounting as much as possible. That said, discounting used strategically can be an effective and legitimate way to improve your top line. It’s a balancing…
The best businesses in the world have strong gross profit margins. Here’s how to calculate yours and check your financial health.
Here’s how to get your business ready for lodging in time for EOFY.
If you’re sitting on the edge wondering whether it’s worth it to take the leap into entrepreneurship, here are the pros and cons of starting your own business from someone who has.
What impact will added expenses have on your business? Instead of hoping for the best, calculate your break-even point and make informed spending decisions.
Understand the true value of your time so you can stop working in your business and start working on your business.
Wondering if your digital agency’s profit margin stacks up? Find out what your profit margin should be – and how to get there.
Want someone on your team focused on future financial growth? You need a totally different type of accountant working for your business.
There are few words in the English language that conjure feelings of scarcity and deprivation like “budgeting”. Our amygdala responds to the word budget in the same way it responds to the word diet — with utter dread. Budgeting, like dieting, is disliked because it requires determination. It requires us to be disciplined with our…