Category: Entrepreneurship

Are You Running Your Ecommerce Business—Or is it Running You?

Are you building your business to support the life you want to live? Or are you so busy getting everything done that life is passing you by? While I mostly write about cash flow, I’ve come to realize that the real currency in our lives is time. This is true for life and for business. […]

2020 Taxes – What You Need to Know

Normally the US tax deadline would be nearly upon us. However, the IRS issued some rare good news this year: the 2020 tax deadline has been extended to 5/17/21!** So if you haven’t already filed your small business taxes for 2020 there’s still time. We’re providing you some more last minute reminders and tips to […]

Accounting for Inventory: Your Questions Answered!

What do you do when something doesn’t go as planned and you end up with inventory that has to be destroyed or is lost? Perhaps you have returns that are sellable, and you plan to list them on eBay or resend them to Amazon. Or even donate them if they have slight damage but are […]

Introducing IL Checklists

At InventoryLab we’re always looking for new and innovative ways to help our users run their businesses more efficiently. With that in mind, we’ve been working on several new features and rollouts. In this week’s blog, we’re excited to announce our new InventoryLab checklists! We’ve developed this new feature to bring our users a comprehensive […]

The 3 Habits That Will Save Your Business

We’re finally well into the swing of the new year (good riddance 2020)! New year means new habits that will help you keep your business on track for the next ten months. Calling Out an SOS There are three basic habits that we’ll cover that can help save your business when put into practice the […]

It’s Almost Tax Time: Are You Ready?

As 2020 has come to an end and the flurry of Q4 and the holidays are just happy memories, we now get to turn our attention to everyone’s least favorite topic: taxes. Staying Current Can Ease Tax Time Headaches If you’ve been organized all year, this is where you reap the rewards. If not, you […]

End of Year Ecommerce Checklist

The first quarter of the new year is only weeks away, the holidays are upon us, and this year (this long, long year) is nearly over! Now that we can see the end in sight, in addition to breathing a collective sigh of relief, take a look at the checklist below to find out what […]

Ecommerce Trends For 2021

Let’s face it: 2020 has been one long year for everyone. In a year that brought us a global pandemic, divisive politics, and remote learning, it sometimes felt like 2020 might never end. But fear not, the light at the end of the tunnel is just ahead because 2021 is right around the corner! Everyone […]