Fully Accountable Blog
10 Tips for eCommerce Accounting
Accounting is one of those painful necessities that you need to do in order to keep your business going. It’s boring and for the most part, business owners would rather talk about something more exciting like expanding their product line, but there’s no avoiding it. ...
9 Essential E-Commerce KPIs To Increase Sales + Revenue (Complete Guide)
Do you have an accurate sense of how well your company is performing? It’s often said, “What you can’t measure, you can’t improve.” When Peter Drucker first said this, he was referring to the performance indicators within a business. You can grow and scale profitably...
The Guide To Cash Flow for eCommerce and Online Businesses
According to a U.S. Bank study, 82% of businesses fail because of poor cash flow management skills or a misunderstanding of how cash flow works. Many of these small businesses don’t make it to their fifth year because aren't even aware they have e-commerce cash flow...
5 Dangers of DIY Accounting
Right now, the whole DIY thing is a huge trend. People are making their own farmhouse tables, home décor, skincare products, and accounting… wait? that sounds out of place. That’s because it is, you shouldn’t try to do your own accounting if you have no experience...
Company Financial Habits to Avoid (Complete Guide)
Is your company avoiding these bad financial habits? 20% of businesses fail in the first year, and 96% of businesses fail in the first ten years. That's a shocking statistic to see that only 4 out of 100 businesses make it 10 years. One of the main reasons is not due...
The Most Effective Way To Turn Social Media Profitable
With 2 billion Facebook users it's hard to ignore the strong social media presence around us. On top of Facebook there are channels like Twitter, LinkedIn, Snapchat, Pinterest and Instagram. Used correctly these channels can be a company's greatest assets when...
Implement These 6 Strategies To Avoid Mediocrity In Digital Marketing
Spending on digital advertising is about to skyrocket even more than it already has over the years. In the U.S. alone, spending is predicted to get up to 118 billion in the year 2020. Whether it’s taking advantage of different ways to film and capture photos,...
10 Tax Deductions Your Business Isn’t Taking Advantage Of
When it comes to tax season, one of the most effective strategies to keep more of your hard-earned money is to take full advantage of the tax deductions available to you. However, with the complexity of tax laws and the sheer number of potential deductions, it's easy...
8 Benefits of Revenue Forecasting
Whether you are just starting out or have been managing your business for a while or more, revenue forecasting is something that you can’t afford to not do, regardless of how small or large your business is. We all have heard about strategic planning and when to hire...
What Is the Role of a CFO?
The modern era demands more from chief financial officers (CFOs) than the mere production and analysis of financial statements. CFOs are often innovators who have a specific vision for the company's finances, which is why these executives are highly regarded and have...
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