Profit First: How to Keep More of What You Make

When it comes to finances, a lot of eCommerce store owners tend to struggle. So today, I’ve got Cyndi Thomason of Bookskeep.com on the show to shed light on how to make your business profitable using the Profit First methodology. Cyndi is an eCommerce accountant and bookkeeper specifically focused on this methodology, and she shares how to set it up in your own business, advice for allocating funds, and lots more.

You’ll learn:

  • Tips for growing and financing inventory
  • Where eCommerce store owners tend to spend too much money
  • What buckets Cyndi recommends setting up to divide finances
  • Why she says you should never pay your bills first

 

Subscribe: iTunes | Stitcher

(With your host Andrew Youderian of eCommerceFuel.com and Cyndi Thomason of Bookskeep.com)

 

What Was Mentioned

 

Flickr: Mike Cohen

Post tagged in: Podcast

1 Comment

  1. Thank you for another great podcast Andrew! I was literally talking about inventory and budgeting issues with my book-keeper the day before I listened to this. Very timely and extremely useful. I will definitely be following up with Cindy’s book (thanks to Cindy too) and have already set up a separate inventory account to kick this off.

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