Mr Pool Man is an eCommerce business that needed an accountant who could speak their language and guide them in the right direction. Here’s how we helped them learn to swim straight in open water. The company An Australian-owned and family-operated business based on the Central Coast of New South Wales, Mr Pool Man is…
Should I offer free shipping? This is a question that has plagued ecommerce business owners since the dawn of time (or, at least, since the dawn of online shopping). For merchants, the cost of shipping is a moving target. Can your profit margin actually cover the shipping costs? And what products should you be charging…
If you run an ecommerce business, you’ll know the importance of having accurate (and stress-free) finances. But managing your sales channels together with your accounting software can be messy – and cost you hours. Luckily, there are some pretty great operational tools in place that easily integrate with your Xero suite, and our accounting team…
You’ve probably noticed there’s a bit of doom and gloom around the economy at the moment – but it doesn’t have to be a dark time for your business. Here’s how you can prepare for the challenge ahead.
Here’s a selection of the main Buy Now Pay Later options, what they do, and what it will cost small businesses to use them.
Get the lowdown on ESOP reporting and company shares at tax time, and what to do if you don’t agree with your company’s valuation.
When assessing the financial performance of an online business, most people look at profit to determine success. Here’s what you should be looking at instead.
While it might seem easy to leave these off your sales tally, here’s why you should be paying more attention to discounts and returns.
Discounting is a dangerous habit that is entrenched in most online businesses. Here’s what happens when you discount, and why you should stop.
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.…