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Financial Rules to Keep You Sane, Profitable and Out of Jail

I’m flying solo and kicking off the first of a series of episodes talking all about everyone’s favorite topics: finances, accounting, and bookkeeping in the eCommerce world. If you’re anything like me, you’ll love this episode as we geek out about numbers—and if the word “bookkeeping” makes you want to cry, I promise this episode will leave you with some tangible tips and insights into how to make it work for you.

Listen in as I share eight rules to keep you profitable in your business (and sane while you’re getting it all done!). You’ll learn about some great resources to refer to if you need to fine-tune your accounting skills, why I prefer to do my own bookkeeping, and the biggest metric that you need to be tracking in your eCommerce business.

You’ll learn:

  • The reasons I do my own bookkeeping. (3:30)
  • Why you must understand the fundamentals. (5:15)
  • What to make sure of with tracking. (6:55)
  • Why cash flow forecasting is so important. (8:30)
  • What to know about getting an accounting partner. (10:15)
  • Why automation is key. (14:20)
  • Why we need to get comfortable being imperfect. (20:55)

Subscribe: iTunes | Stitcher

(With your host Andrew Youderian of eCommerceFuel.com)

 

What Was Mentioned

Image credit to Gerd Altmann from Pixabay.



Andrew Youderian
Post by Andrew Youderian
Andrew is the founder of eCommerceFuel and has been building eCommerce businesses ever since gleefully leaving the corporate world in 2008.  Join him and 1,000+ vetted 7- and 8-figure store owners inside the eCommerceFuel Community.

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