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CPA

Increase Profits, Improve Cash Flows, Effectively Manage Inventory

The truth is most accountants are just a cost.

The cost of compliance with taxes.

The cost of getting the books done.

But when you work with me.

It’s not just about compliance.

👇 I recorded a video going over this below

It is about increasing profits, improving cash flows and effectively managing your inventory.

You need an eCommerce CFO on your team to effectively manage these processes on an ongoing basis if you have serious goals to scale your eCommerce business..

Whether it’s improving your gross margin through pricing strategies based on key performance indicators.

Or improving your cash flow and inventory management with effective forecasting.

Or customizing your accounting process to effectively track income, expenses and key performance indicators on a per product, customer or sales channel basis.

We’re here to partner with you to take your company to the next level!

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

>> Click here to apply for your Strategy Session Now <<

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Increase Average Order Value with Top 5 Strategies

An effective method for increasing your profit margins is increasing your average order value.

Average order value is the average dollar amount a customer spends per transaction in your store.

You can calculate average order value by using a simple formula: total revenue / number of orders = average order value.

To increase your average order value, you’ll need to convince customers to add more items, or more expensive items, to their cart.

There are many different strategies that can be used to achieve this.

👇 I recorded a video going over this below

I included an overview of 5 strategies below.

  1. Add product recommendations to product and checkout pages
  2. Upsell or cross sell complementary products
  3. Provide order minimum incentives
  4. Create product bundles or packages
  5. Run deals and specials

We’re here to partner with you to take your company to the next level!

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

>> Click here to apply for your Strategy Session Now <<

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Why Customer Lifetime Value Can Kill Your eCommerce Business (Use This Metric Instead)

Customer lifetime value is an important metric for eCommerce companies to understand and measure.

Customer lifetime value is an average of how much a customer is worth to you over their lifetime.

What do you do if your business has only been operating for a short time period?

6 months?

1 year?

👇 I recorded a video going over this below

Customer lifetime value will be useless.

30, 60, 90-day customer values are a much more important metric for your eCommerce business.

Factors including your SKU set, your average consumption rate, and your cash flow will dictate the specific time periods you should account for.

The key is to choose a time window that you can impact and that you can afford to wait for from a cash flow perspective.

We’re here to partner with you to take your company to the next level!

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

>> Click here to apply for your Strategy Session Now <<

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eCommerce Growth Equation – Do The Math

As your business grows, it becomes more important to monitor and analyze your data.

This one equation simplifies your eCommerce financials and allows you to cut through uncertainty so that you can prioritize key financial decisions.

Visitors x Conversion Rate x AOV  = Revenue

By focusing on these three variables, you can you assess every way to increase revenue for your eCommerce business.

The key is acting with this information.

👇 I recorded a video going over this below

Identifying and implementing key financial decisions into your business that increase your bottom line.

The first key step is ensuring that we have clear and actionable data to base our decision on and to calculate our formula.

If these metrics are inaccurate you will make terrible financial decisions.

This requires a proper accounting system.

Then we need to implement financial and business strategies combined with effective marketing campaigns that increase your bottom line.

We need to effectively analyze and interpret this data so that we can make the necessary changes when it comes to pricing, inventory management or other aspects of your operations.

This has to be done on an ongoing basis, at least monthly.

We’re here to partner with you to take your company to the next level!

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

>> Click here to apply for your Strategy Session Now <<

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Markup v. Margin Cautionary Financial Lesson for eCommerce Businesses

Mismanaging margin and markup can lead to selling products at prices that are substantially too high or low, resulting in lost sales or lost profits.

Margin is sales price minus the cost of goods sold.

Below is a breakdown of each profit margin formula.

Gross Profit Margin = Gross Profit / Revenue x 100

Operating Profit Margin = Operating Profit / Revenue x 100

Net Profit Margin = Net Income / Revenue x 100arkup is the amount by which the cost of a product is increased to determine a selling price.

👇 I recorded a video going over this below

To determine a selling price, the figure you should use is markup.

When you’re analyzing your financial performance however, it’s typically better to use margins.

Do not confuse markups and margins at the cost of your profits.

We’re here to partner with you to take your company to the next level!

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

>> Click here to apply for your Strategy Session Now <<

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Eliminate Your Biggest eCommerce Expense!

Taxes are usually the biggest or one of the biggest expenses for businesses.

As a result, a properly designed and implemented tax plan can be one of your most profitable investments.

You may often hear myself or other CPA’s speaking about tax planning.

What does that mean?

Tax planning is focused on organizing your business, investments and life to pay the least amount of taxes as legally possible in the FUTURE.

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order. 


👇I recorded a video going over this. 

Many people believe they are getting tax planning when they are getting is tax preparation.

When you get your tax return prepared your CPA is focused on accurately and timely fling your tax return based on your HISTORICAL information.

Tax Planning is a structured process designed to protect your assets and minimize your taxes which focuses on:

✔️ Legal Entity Structure 
✔️ Accounting Method Optimization 
✔️ Sales Tax and Other Compliance Assessments 
✔️Deductions 
✔️ Retirement 
✔️ Insurance 
✔️ Legal Tax Loopholes 
✔️ Recent regulatory change 
✔️ Niche specific strategies 
✔️ Advanced planning strategies 

Do not leave money on the table.

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

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Ecommerce Business Owners: How Often Do You Speak To Your CPA?

One of the most important steps in maintaining a tax strategy is maintaining an active dialogue with your CPA.

Does your CPA have a structured process in place to ensure you are communicating properly throughout the entire year?

It is not only imperative to design and implement a tax plan for your eCommerce business.

You need to speak with your CPA regularly.

Why?

1.     Your business is constantly changing
2.     Your industry is constantly changing
3.     The tax laws are constantly changing.


Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order. 

👇I recorded a video going over this. 

The tax code is your map to wealth creation.

It shows you how to reduce your taxes and amount huge amounts of cash flow.

Leverage your CPA’s knowledge to open a whole new world to what is legally tax deductible. 

Understanding exactly what you need to do to legally claim your deductions means that even if you are audited, you have followed the rules and minimized the likelihood of having any audit adjustments. 

Do not overpay in taxes or expose yourself to unnecessary risks – EVERY TAX YEAR!

We cover the following aspects of your business and more during the tax planning process:

✔️ Legal Entity Structure 
✔️ Accounting Method Optimization 
✔️ Sales Tax and Other Compliance Assessments 
✔️Deductions 
✔️ Retirement 
✔️ Insurance 
✔️ Legal Tax Loopholes 
✔️ Recent regulatory change 
✔️ Niche specific strategies 
✔️ Advanced planning strategies 

Do not leave money on the table.

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

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Politicians Think About Taxes Daily! Why eCommerce Businesses Are Losing.

The majority of the tax law is actually intended to reduce your taxes – not increase it.

If you follow the rules, you should enjoy legal tax deductions and be well-prepared for an audit.

These are the rules and legislation that we see our politicians arguing about on a daily basis.

They focus on this daily because this will shape our country’s future.

But also, your business’s future!

The challenge most people have with this is they don’t know the rules.

Most also have no interest in reading the tax law to learn them.

This is why you need a great CPA on your team.

More importantly a CPA that is focused on proactively planning with you for taxes.

You need a plan, do not be reactive when you go to file this March or April.

The tax law is a series of stimulus packages for business owners.

The government wants to provide jobs and housing. 

To encourage others to do this for them, the government provides tremendous tax benefits to those who provide jobs (business owners) and those who provide housing.

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order. 


👇I recorded a video going over this. 

We cover the following aspects of your business and more during the tax planning process:

✔️ Legal Entity Structure 
✔️ Accounting Method Optimization 
✔️ Sales Tax and Other Compliance Assessments 
✔️Deductions 
✔️ Retirement 
✔️ Insurance 
✔️ Legal Tax Loopholes 
✔️ Recent regulatory change 
✔️ Niche specific strategies 
✔️ Advanced planning strategies 

Do not leave money on the table.

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

Read more

Business Owners Work 2.5 Hours Daily For Uncle Sam. Save Your eCommerce Business Time & Money

Building wealth is not about what you MAKE, but what you KEEP.
The average taxpayer spends 2.5 hours a day working to pay their taxes.

Stop and think about that when you go into the office on Monday.

2.5 HOURS.

Time IS Money!

Taxes don’t just steal your money, they steal your time.

Make sure you take your wealth seriously and are being proactive in your plans to legally minimize your tax liabilities.

Without a foundational tax strategy, taxes can easily drain a person’s wealth and their ability to build wealth.

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

👇I recorded a video going over this.

A tax strategy that legally reduces your taxes protects your wealth and puts money in your pocket.

Your CPA should be focused on helping your protect and create wealth. 

Not just file your tax return or handle your accounting although this is still also imperative.

And, a properly designed tax strategy will protect your tax savings by having you well-prepared for an audit.

Do not wait until tax season to think about your taxes.

Most tax strategies need to be implemented well before year-end never mind tax season.

Contact me or my team today to discuss your business and tax planning approach.

Do not leave money on the table.

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

We cover the following aspects of your business and more during the tax planning process:

✔️ Legal Entity Structure

✔️ Accounting Method Optimization

✔️ Sales Tax and Other Compliance Assessments

✔️Deductions

✔️ Retirement

✔️ Insurance

✔️ Legal Tax Loopholes

✔️ Recent regulatory change

 ✔️ Niche specific strategies

✔️ Advanced planning strategies

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How An eCommerce Business will save $3.2M from my tax plan

I know that sounds like a lot. But what’s funny?

He only save $12,000 per year. That’s $1,000 per month.

So how will he make 3.2M?

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

👇I recorded a video going over this.

Age: 40

Retirement Age: 70 Current Savings: $0 Monthly Savings $1,000 Rate of Return: $12%

And there you have it.

That will be 3.2M assuming….

-No growth in income
-No growth in savings
-No growth in return rate
-No reduction in expenses Just a tax plan with me?

Want one too?

If you’re ready to take the next step, book your 1-on-1 meeting with me TODAY!

Set up a time to speak directly with me here for a free strategy session to get your tax planning process in order.

Read more