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4 Ways to Improve eCommerce Cash Flow

4 Ways to Improve eCommerce Cash Flow

Ask anyone who sells products on Amazon, eBay, Walmart+, or a Shopify store their greatest challenge. It won’t be long until eCommerce cash flow comes up. Between seasonal cash crunches, races for inventory, and moving targets for product trends, it can be very difficult to fund your opportunities in eCommerce. Why is eCommerce cash flow […]

4 Amazon Seller Holiday Tips to Use Now

4 Ways to Improve eCommerce Cash Flow

The leaves are changing and the kids are back in school. For some people, it’s time to put on a hoodie, sip their favorite fall drink, and unwind. But not for you. You’re in full preparation mode because it’s almost time to move products and grow your sales. For the Amazon seller, holiday preparation is […]

How Long Does it Take to Build Business Credit?

How Long Does it Take to Build Business Credit?

Just like building a business, building a credit history for your business can take years. For many business owners, business credit is an afterthought until they need capital. Suddenly they’re scrambling with the question, “how long does it take to build business credit?” The short answer is, it varies. But whether your business is young […]

Should Your Small Business Create a Customer Loyalty Program?

Does Your Small Business Need an Emergency Fund?

Small businesses are always looking for ways to attract new customers, but one of best ways to maximize longterm profit is to build loyalty among existing customers. An effective customer loyalty program encourages new customers to become repeat customers, and it encourages repeat customers to stay engaged with your business. If you’re thinking about adding […]

7 Reasons to Start Your Own Business

Does Your Small Business Need an Emergency Fund?

What motivates you to start your own business? I’m not talking about wealth or financial independence. Everyone wants that, but not everyone starts a business. We all have financial goals, but there’s much more to a business owner’s passion. One reason I love Viably is that I get to constantly meet other small business owners […]

Does Your Small Business Need an Emergency Fund?

Does Your Small Business Need an Emergency Fund?

The Federal Reserve Bank of New York found that almost half of all small businesses failed during the 2008 recession. With the potential for another looming, there are certainly some ways small businesses can prepare, like a business emergency fund. This fund will help weather the storm and keep the business running during difficult times. […]

What is the Profit First Method?

What is a Cash Flow Forecast for eCommerce businesses

As far back as business financials are documented, the formula for profit has been: sales – expenses = profit But the Profit First Method of accounting has a different take. First introduced in Mike Michalowicz’ book, Profit First, this method helps small businesses ensure they turn a profit and carve out a piece of the […]