Author: Steve Loates

Teamwork

A2X

Three Decisions in E-Commerce That Are Difficult to Make Without a Bookkeeper

Congratulations! Your e-commerce business is a success! Now what? In many ways, companies are like sharks; they must keep moving forward. How do you make those moves strategically and allow your business to grow and thrive? The first step is having access to up to date complete financial information so that you can make better […]

Canadian Business E-Commerce Guide to Sales Tax

The beauty of e-commerce is that borders become irrelevant. Customers can buy your products no matter where they reside, but with that expanded marketplace comes expanded tax complications and liabilities. If you’re selling products in the US, for example, you may need to file state and/or federal taxes. Thankfully, determining your tax responsibilities can be […]

How E-Commerce Businesses Can Keep Accurate Track of Inventory

Your product is selling like hotcakes. Your customers are clamoring for your service. Every day orders come in, and it’s clear your e-commerce business is a success. That’s the best-case scenario, right? But are you sure you can keep up with your customers? Is your supply chain secure? Can every single purchase be satisfied? And […]

How do I know which sales channel is best for my e-Commerce business?

Eureka! You’ve got it—the perfect product, service, or solution. You know you have exactly what your customer wants and/or needs, but how do you get it out into the marketplace? From Amazon to Shopify, each e-commerce channel has benefits and drawbacks. The trick is to find the right channels for your e-commerce business. E-commerce provides […]

Determining Which Products or Brands Bring the Most Profits

The e-commerce landscape is littered with the graves of businesses that failed to thrive, each a warning and beacon to the next set of entrepreneurs and business owners. The truth is, most e-commerce businesses start with a high supply of passion, but not a lot of actionable data. There’s an old saying that, “you can’t […]

How To Make Sense of Amazon Financial Reports

Balance sheets, income statements, cash flow. To new business owners, financial reporting can seem like a foreign language. But until they understand the basics, new business owners cannot gauge the success of their new enterprise. If you aren’t keeping track of income and expenses, how can you know if your business is thriving or is […]

Three things to check if your e-Commerce business isn’t making money.

At the start of the 1920s, the Model T Ford dominated 40% of the US’s automobile market, but Ford Motor Company was losing money on each car produced. Initially, Ford’s reaction to this dissonance was to slash prices and increase inventory, but those solutions failed, and soon Ford faced a very real crisis. The solution? […]

How Giving Back Moves Your Company Forward

When you run a small business, the day-to-day challenges and sales and production targets often keep you so occupied that the only time you really think about taxes is when they are due.