Tuesday Jun 27, 2023

231. Investing & Managing Margins in Your eCommerce Business

When was the last time you really dug into your profit and loss statement?

I've been having A LOT of conversations about finance lately and it's got me worried about your profitability.

CFOs are giving bad advice, programs you're investing in don't make sense for the stage of business you're at, agencies are ripping you off, and you're not putting nearly enough money in your pocket.

Today we're diving into what you should think about and consider before investing in or out of something in your business, we're talking about the different types of programs that are typically available and who they're best for, plus we're talking about what numbers you should be shooting for on your P&L.

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Links Mentioned

The Lounge Marketing Membership

https://bit.ly/3TqGNHy

eCommerce Margin Statistics

https://www.shopify.com/blog/profit-margin

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Episodes Mentioned

229. Becoming an Inventory (and Finance) Genius with Ciara Stockeland

https://ecommercebadassery.com/profit-first-for-product-based-businesses/

228. How to Prep Your Business for Sale & Get Top Dollar with Christine McDannell of the Magnolia Firm

https://ecommercebadassery.com/how-to-sell-your-ecommerce-business/

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Full Episode Show Notes

http://ecommercebadassery.com/231

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Let's Connect

Website: http://ecommercebadassery.com

Instagram: http://instagram.com/ecommercebadassery

Membership: http://ecommercebadassery.com/membership

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Rate, Review, & Subscribe

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Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683

231. Investing & Managing Margins in Your eCommerce Business

Links Mentioned

Episodes Mentioned

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