How to Build a Profitable Ecommerce Business
33 mins • 10 lessons
Whether you’re just starting up your online store, or are already a 6 or even 7 figure business: you are responsible for your company’s finances.
Everything from cash flow management, your P&L, and even a fundamental understanding of how your business makes money.
But unless you’re a trained accountant or have a few decades of corporate experience under your belt, getting a grip of your numbers can be no easy task.
The good news is that knowing your numbers is not rocket science.
In this course, we’ll share a simple, jargon free-way on how to build a profitable and sustainable ecommerce business.
• How to calculate your profit and break-even point so you know if you have a good business.• Cash flow and inventory tips so you never have a cash crunch ever again
• When to engage an accountant and bookkeeper, and what to expect from
• Help you calculate when you can afford to quit your job and focus 100% on growing your business.
In this course we will cut through all the noise and vanity metrics and teach you the one thing that will keep you in business – getting a handle of your finances.
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Your Instructor
Jason Andrew – Founder of SBO Financial & Chartered Accountant
Jason Andrew is a chartered accountant, founder, and business advisor to high-growth businesses. His accounting firm, SBO.Financial, focuses on helping high-growth Ecommerce businesses with their numbers, ranging from bookkeeping and financial control to profit and cash flow maximisation strategies. His company works with Australia’s fastest growing brands. He’s the author of Stark Naked Numbers, an entrepreneurial accounting and finance book that has been termed the “Barefoot Investor for entrepreneurs”, or ”4-Hour Work Week” of finance and business.
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