What Accounting and Financial Metrics Should I Monitor as an Amazon Entrepreneur?
Whether you’re an Amazon entrepreneur or a brand owner, you need guidance with your financial metrics. You might be growing your business, but if you aren’t excellent with your finances, you could lose the money you thought you had. Nobody wants that!
That’s why we’re excited to have Christian Rivera from The Ecommerce Accountant back to discuss daily and monthly financial health checks, outsourcing accounting and bookkeeping, the benefits and cautions of quick data from accounting softwares, as well as what to do now to improve your financials (especially if you didn’t realize until this episode that your financials are messier than you’d thought).
We’ll see you in The PPC Den!
Highlights
- 0:00 Intro– Fact: Indian food is the best food.
- 7:00 Financial health checks
- 8:12 What metrics should you track daily/ monthly?
- 9:50 What bookkeeping tasks should you own/ outsource?
- 13:55 Working with automated accounting softwares
- 17:09 Why you’ll want a third-party bookkeeper & tax-person
- 23:22 What to consider with e-commerce accounting in Q3
- 27:53 Do this now to make your financial life better
- 29:33 Outro– No accountant dance videos yet
If you like what you hear, please give The PPC Den a 5-star review and share it with your friends!
Resources & Links
- Where to find Christian, The Eccomerce Accountants
- E-Com Accountants Instagram
- Christian, the E-Com Accountant, Instagram
- How Should Amazon Professionals Optimize Tax Planning?
- Thank You for an Incredible Year!
- What Ad Metrics Should I Track Weekly for Amazon?
- Fletcher Tax & Bookkeeping
- Never miss the latest in Amazon PPC tips and best practices
- All our episodes and show notes
- Get a product tour of Ad Badger
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Host and Executive Producer: Michael Erickson Facchin
Guest Co-Host: Christian Rivera
Senior Producer: Nancy Lili Gonzalez
Video and Audio Editor: Pedro Moreno
Graphic Designer: Karolina Facchin