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Author: run[Accounting]

The 10 Basic Rules of Ecommerce Accounting

Every successful eCommerce owner understands the eCommerce accounting basics. Are you doing all the basics? Why do you need to understand the fundamentals of eCommerce accounting? Let’s face it, accounting is neither simple nor fascinating when it comes to running a firm. However, it has

Everything You Need to Understand About Inventory

Are you measuring the cost of goods sold correctly? Below is everything you have to understand about COGS. Although an e-commerce company is complex, it is important to get the financials in order to get the cost of products under control. Precise inventory control is

How to Build a Competitive Advantage and Differentiation

A differentiated business and market strategy makes your organization noticeable in a saturated market. How do you make a differentiated strategy effective? Business Differentiation Versus Marketing Differentiation What is a Differentiated Strategy? Differentiation as a Business Strategy Differentiation in Product Offering Differentiation of your Services

7 Things To Ask Your CFO

If you have grown your business to the point that you feel you need some Accounting firepower, then this post is for you. Maybe you are considering hiring an accountant in-house. Or maybe you are looking into CFO services and aren’t sure what you should

Outsourced CFO Services: The New Norm in a Digital World

In today’s world, Accounting has become among the most frequently outsourced tasks of a business. Even the most experienced business owners are usually not knowledgeable nor qualified to manage the books on their own.  Not to mention, valuable time and effort are saved when these