Adventures in E-Commerce: Watch out for shipping costs
Shipping costs can weigh down any budget for your e-commerce company. With the right strategy, reducing costs in this area can be achieved. Here’s how: Do your research Often, shipping costs for most e-commerce businesses can be reduced with simple price comparisons....External Constraints to Business Growth 2021
Do you know about External Constraints to Business Growth? Our previous article “Managing Cash Flow and Other Constraints in Younger Businesses” went over the internal issues with the growth of a business, but what are the external issues that start up businesses may...Managing Cash Flow and Other Constraints in Younger Businesses
Rektio Accounting knows how important it is for every owner to manage cash as they scale a business. As an owner understanding how cash flows through the business cycle and is affected by certain business activities is a big key to success. Items such as purchasing...The Changing Role of the CFO
A chief financial officer, or CFO, has many responsibilities related to the way money is spent, saved and invested. A CFO is an executive that has an important job in keeping business going – if a company’s finances do not check out, the CMO does not have funds for...Can Your Business Save More Money? 2021
Can Your Business Save More Money? Saving money as a business owner is not always easy – the consistent expenses are expected, but oftentimes the unforeseen expenses are most difficult. While developing a fund for unexpected expenses is important, regularly...