Ecommerce Financial Health Unlocked: Smart Cash Flow Strategies

A whopping 82% of businesses fail due to poor cash flow management. This is how crucial smart cash flow strategies are in business success, especially in ecommerce. If you have an online store, transactions are often conducted digitally and involve many stakeholders. Without a steady cash flow stream, it won’t be long until your business […]

Navigating Growth: When to Hire a Fractional CFO for Your eCommerce Business

In the dynamic landscape of eCommerce, scaling your business often comes with a multitude of financial challenges. As your revenue surpasses the million-dollar mark, strategic financial management becomes paramount. If you’re exploring the key indicators and scenarios that signal it’s time to consider hiring a Fractional CFO for your growing eCommerce venture, you’ve come to […]

A Beginner’s Guide to the Accrual Accounting Method

Accrual accounting is one of the foundational concepts in the field of accounting, playing a crucial role in how businesses record and manage their transactions. Unlike cash-basis accounting, which records transactions only upon the exchange of cash, accrual accounting recognizes financial events at the point of occurrence. The widespread adoption of accrual accounting is governed […]