Why Let's Ledger
by Michael Pirumov
When Will My Startup Be Profitable?
Earning revenue is a great business benchmark but every startup needs to be profitable to survive. As a founder, it is reasonable to ask when will my startup be profitable? Consider these 3 factors when reviewing your startup profitability.
When Will My Startup Be Profitable?
Earning revenue is a great business benchmark but every startup needs to be profitable to survive. As a founder, it is reasonable to ask when will my startup be profitable? Consider these 3 factors when reviewing your startup profitability.
Retail Arbitrage: Be A Resale Ninja
Have a knack for finding deals? Turn your shopping habit into a retail arbitrage business and turn a profit by reselling trendy items at a higher price. In this guide, we dish out accounting and business best practices for a resale business.
Business Process Automation Tools For Your e-Business
Automation software and AI dominate our world. A business process automation tool will provide you with better insights into your backend, while connecting all components of your organization into a well oiled machine.
Filling Out A Schedule C For Shopify Store Taxes
By filing your Shopify store taxes properly you could reduce your tax liability every year. Here we show you how fill out your Shopify Schedule C, calculate COGS, make deductions, and apply tax strategies that have the potential to cut your tax bill by 10-15%.
Accounting For Shopify: Shopify Xero Integration
Want to automate accounting for Shopify, but confused by the integration process? This is a detail on Shopify ecosystem solutions for different size stores, with a focus on Shopify Xero integrations.
Taxes For Foreign Sellers On Amazon
So you sell on Amazon and want to expand to the U.S. market, but are sweating bullets about taxes. This will be a walk-thru of how to setup your store and pay U.S. taxes, for all non-resident foreign sellers on Amazon.
Counting The COGS: Inventory Accounting Guide
Your shop wouldn’t be poppin’ dollar signs if it didn’t have inventory. We know this area is a maze for business owners, that’s why we want you to have this inventory accounting guide. It is a showcase of ecommerce inventory best practices, and dives into the details of inventory management.
Expert Accounting Tips For Scaling Ecommerce
Scaling and growth are two very different terms when it comes to business. They are used synonymously but scaling refers to adding revenue faster than incurring costs. Here we show how scaling eCommerce can happen with a clear accounting lens.
How To Fill Out A Schedule C For The Amazon Seller
Your eCommerce business is hectic enough, now throw Amazon seller taxes into the mix. All those nuance fees and refunds, where to put them on a Schedule C for the Amazon seller? If you are filing a Schedule C here is your explainer.
Accounting for Amazon Sellers: The Keys to Profitability
If you can’t beat them, join them. That was probably said by the first third-party seller to join Amazon. For e-commerce shops entering the market, Amazon is your largest competitor. That means mastering amazon seller accounting is the best way to be profitable.
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