Tag: Ecommerce

The Advantages of SaaS

If you’re currently an InventoryLab subscriber, then you probably know that we’re a SaaS company. If you’re not familiar with this term, SaaS (Software as a Service) is a business model that provides centrally hosted, licensed software on a subscription basis. It is also sometimes referred to as “software on demand”. InventoryLab provides software for Amazon […]

How the Business Crisis Trend Affects Your Ecommerce Business

I recently read that Jeff Bezos’ wealth went up $24 billion as a result of the surge in online shopping. While that may be true for Mr. Bezos, it’s a myth that all eCommerce companies are booming now. I’m wondering, how is it going for you? The reality I’m seeing with eCommerce clients is that it’s […]

The Tax Man Cometh

The tax deadline is just around the corner. Most of us have already filed for 2019, but if you own a small business and haven’t filed yet or need some tips to get ahead of your filing for 2020, read on. What You Need to Know Although there have been some significant changes in the […]

In the Know – IL Webinars

I get asked periodically how to find the webinars we are offering. Well, read on, and it shall be revealed!  I won’t keep the cliffhanger until the end though! Click here to see all of our videos (recorded and upcoming ones) at our webinar channel. The page is loosely divided into sections. The featured webinars […]

Habits Lead to Success: Profit is a Habit

It’s that time of year. You’ve been working like crazy to take advantage of Q4. I’m seeing lots of talk in the forums about changes in Amazon and algorithm changes, etc., which may feel a bit overwhelming. Add to that, the holidays, bringing additional fun (and pressure) to make the experience special for your family. […]

Temptation – Can I Borrow from My Own Accounts for Inventory?

Guest Post by Cyndi Thomason of bookskeep Recently, I was contacted by an ecommerce seller who had read my book and implemented Profit First. They wanted my opinion about using their Sales Tax and/or Profit Account for purchasing inventory in preparation for Q4. They pointed out that it is cheaper to use this money that […]

Know Your Numbers: Gross Profit Margin

Guest Post by Cyndi Thomason of bookskeep As business owners, we often concentrate on our top line sales number. We use this number as a measuring stick of sorts for how well our business is doing; how successful we are. As a member of several seller Facebook groups, I see it is a point of […]

American Spending Habits

As we near the 243rd anniversary of America’s independence from Britain on July 4th, we thought it only made sense to look at the spending habits of Americans. Understanding where and how Americans are spending their money might help you see higher selling potential and profit! Who IS the American Consumer? To understand how Americans […]