If you sell widgets, which you buy wholesale for a dollar each and retail for four dollars each, you make three dollars on each widget you sell, right? When you try to balance your accounts at the end of a particular month, you compute the costs of your wholesale widgets. You bought 2000 widgets…
CPAIYC #010: How To Stop Stressing In Your Online Business
[powerpress] Welcome to the CPA in Your Corner podcast! In this week’s episode we sat down for a lovely chat with Sarah Littlefield, Licensed Marriage + Family Therapist and budding online entrepreneur! Today we are tapping into her expertise about how to stop stressing when it comes to your online business…not to mention timely advice for this…
CPAIYC #009: Inventory
[powerpress] Welcome to the CPA in Your Corner podcast! Today we are talking about inventory and how it affects YOUR bottom line. Links and resources mentioned in today’s show: The Bottom Line on Twitter Xero is our Hero Free Discovery Call Thank you for listening! We can’t begin to tell you how much we appreciate it! If…
#008: Navigating 1099s
There are more than 15 different 1099 forms. Learn about the most common types for online entrepreneurs.
Business Entity Startup and Setup
One question we are often asked is, “What type of business entity should I set up?” The answer is always, “It depends.” There are implications that have to do with the type of business entity you establish, whether you declare yourself to be a sole proprietor, an LLC, or S-Corp. Different levels of government also…
#007: Untangling Sales Tax
eCommerce businesses need to know how sales tax works. Here’s what you need to know about collecting and filing sales taxes for your business.
#006: Protecting Your Online Business
Insurance and online accounting is a huge part of protecting your digitally based business. The Bottom Line provides tips and online accounting software to help each business owner succeed. Subscribe to our podcast today!
#005: The Five Financial Stages of Online Business Growth
It’s important to know the 5 financial stages of online business growth. The Bottom Line CPA offers business coaching to online entrepreneurs looking to take their business to the next level. We act as CPAs and financial mentors.
Business Financial Considerations to Remember for the New Year
Want to grow your eCommerce business in 2018? Learn what financial considerations can help you reach your full potential.
5 Financial Stages of Business Growth
As your business grows, so should your accounting needs. Here are the financial stages of growth for any business.