Tag: Ecommerce

Q4: The Perfect Time to Put Parkinson’s Law to Work for You

You’ve heard me talk before about Parkinson’s Law. It was developed in the 1950’s by Cyril Northcote Parkinson, and can be simply stated that the amount of work required adjusts (usually increases) to the time available for its completion. This is applied to our resource of time. However, the law can be applied to all […]

Cash Flow Forecasting – What Does Your Horizon Look Like?

This time of year, many of our clients are actively engaged in Q4 2020 and contemplating what business may be like in 2021. There are many unknowns this year; everything from pandemic developments to storage limitations and fulfillment and shipping concerns. One thing is certain—this year, Q4 will be different. Are you prepared for all […]

Zapier Integration is Here!

Have you seen our recent email announcing a new integration with Zapier? Right about now you might be asking yourself: just what is Zapier and how can it help me?  Well, you’ve come to the right spot! I hope to enlighten you about what Zapier is and does, as well as 5 use cases on […]

Inside Online Arbitrage

Ever since the pandemic has changed the way we live and work, small business owners have been looking for innovative solutions to stay profitable. Many Amazon sellers have always sourced their inventory using retail arbitrage in brick and mortar stores. If you’ve never sourced online or want to know more about it, you’re in the […]

4 Best Practice Tips for Tracking Ecommerce Inventory

Tracking inventory is never easy, and with Amazon changing the rules recently, let’s take a minute to ensure we understand how inventory should be recorded in your books. We’ll start quite simply with the definition of inventory. From an accounting perspective, it is an asset and will show up on your balance sheet, just like […]

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 […]