by Fully Accountable | Sep 28, 2023 | Accounting
In the digital age, the business landscape is transforming at an unprecedented pace. From virtual meetings to online marketplaces, technology is redefining how companies operate. But did you know this digital revolution is also reshaping the financial realm? Enter...
by Fully Accountable | Sep 18, 2023 | Accounting, eCommerce Accounting, Scaling & Business Growth
In an unpredictable global economy, businesses need to stay agile and adaptable. The haunting specter of a recession is something that keeps many business owners awake at night. Yet, some businesses seem to navigate economic downturns with resilience, while others...
by Fully Accountable | Aug 23, 2023 | Accounting, eCommerce Accounting
In today’s digital age, the e-commerce industry has demonstrated significant growth, paving the way for new opportunities and challenges alike. In 2021 alone, e-commerce sales amounted to $5.2 trillion worldwide, and this number is expected to reach about $8.1...
by Fully Accountable | Jul 13, 2023 | Accounting, eCommerce Accounting, Scaling & Business Growth
Recessions can be challenging times for businesses, as economic uncertainties and market downturns create obstacles to maintaining profitability. However, with strategic accounting practices, it is possible to navigate these difficult periods and even maximize...
by Fully Accountable | Jun 29, 2023 | Accounting, eCommerce Accounting, Outsourced CFO, Your Back Office
During times of economic downturn, businesses face numerous financial challenges that can significantly impact their long-term viability. A recession brings about uncertainties, shrinking profit margins, and the need for strategic financial decision-making. In such...
by Fully Accountable | Jun 20, 2023 | Accounting, eCommerce Accounting, FA Resources, Outsourced CFO, Your Back Office
In times of economic uncertainty, businesses face numerous challenges in maintaining financial stability and achieving sustainable growth. Recessions impact small businesses the most, with the Great Recession of 2008 being responsible for shuttering 1.8 million small...