LedgerGurus
@LedgerGurus
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Ecommerce specialized outsourced accounting AKA Client Accounting Services. Build your business with better numbers!
United States
Joined May 2015
RT @stekbro: I see a lot of consumer product businesses treating Gross Margin like Contribution Margin. Sophisticated buyers know the diff….
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RT @stekbro: Smart people understand gross margin and the difference between contribution margin. Usually people with money who will buy y….
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RT @stekbro: Supply chain concentration is a key factor that limits the value of a consumer product business. The State of Ecommerce M&A i….
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RT @stekbro: What level of profitability are acquirers looking for with ecommerce businesses in 2025?. According to @JoshRobbins from the P….
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RT @stekbro: Costs to consider when implementing an inventory management system:.- software.- implementer.- additional staff to support exi….
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RT @stekbro: When it comes to implementing an inventory management system, it is more important to choose the right implementer than the ri….
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RT @stekbro: Implementing an inventory management system involves a lot of information and time. An implementer can't succeed without inpu….
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RT @stekbro: The role that is key to an inventory management system success:. Operations Manager. Ecommerce Finance Podcast..
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RT @stekbro: First step to picking an inventory management system (IMS): STOP. Each IMS has different strengths and weaknesses and understa….
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RT @stekbro: Landed product costs is a concept ecommerce businesses need to understand. Good COGS requires landed product costs. Good COG….
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RT @stekbro: Calculating COGS for an inventory heavy business is. Complicated. Which is why so many ecom businesses have inaccurate fina….
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RT @stekbro: I don't know if I'm profitable. We hear this from ecommerce businesses when they first approach @LedgerGurus. Accrual account….
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RT @stekbro: Cash poor, inventory rich. This describes the reality of most consumer product businesses and yet. Inventory management is….
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RT @stekbro: Gross profit will make or break a business. Your gross profit margin cannot be > contribution margin which cannot be > profit….
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RT @stekbro: Tariff response decision: absorb the price or pass it on. This is the decision the majority of consumer product companies wil….
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RT @stekbro: Increasing your prices due to tariffs may not have the intended outcome. You need to consider elasticity which considers that….
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RT @stekbro: Have you recently decreased your purchasing of eggs due to increased prices?. This is a real example of elasticity. It may be….
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Download the Tariff Impact Calculator here:
ledgergurus.com
The end of the year is a perfect time to assess your sales tax liability and make sure you are staying compliant. Use this sales tax checklist to help.
Tariff math says. The higher your Cost of Goods (customs value to be precise), the greater the impact of tariffs on the profitability to an ecommerce business. Ecommerce Finance Podcast. #ecommerce
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RT @stekbro: What is the difference between a duty and a tariff?. Bryce Judy from Tarifflo provides his definition on the Ecommerce Finance….
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RT @stekbro: Do you know about duty drawbacks?. This was an import detail I was not aware of that is useful to know about if you are moving….
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