‘Profit First’ is a cashflow management methodology for small businesses created by Mike Michalowicz. Cyndi Thomason has taken the core concepts of the Profit First methodology and customised them to address the specific needs of the e-commerce business. Cyndi is the guru in applying Profit First to e-commerce businesses to help them achieve true profitability and business sustainability. This book articulates the ideas that Cyndi has applied in the real world in her accounting practice bookskeep to help hundreds of small businesses.
‘Profit First for E-commerce Sellers’ focuses on four critical areas that today’s e-commerce sellers struggle within growing their businesses – managing inventory; relying on debt; understanding their financial data; and maintaining focus. While the e-commerce industry presents incredible opportunities, these four areas can also present major pitfalls in the quest for success. Profit First for E-commerce Sellers addresses each of the four major struggles and provides clear and actionable guidance on how to overcome them, taking the online seller from simply getting by to becoming permanently profitable.
Cyndi, congratulations on your book being published, it’s a privilege to have bookskeep as a partner of A2X.