In this episode of Add To Cart, we are joined by Tracey Newman from Bean Ninjas. Bean Ninjas specialises in chartered accounting, bookkeeping, technology and education to help seven-figure eCommerce businesses continue to grow profitably. That’s all they do - finance for eCommerce businesses! We ask Tracey all about what eCommerce businesses should do to prepare for the end of year tax lodgement and planning for the new financial year. But this conversation goes far beyond this, including the best technology to improve financial visibility and the difference between fixed, variable and extraordinary costs that you need to keep on top of - especially at high growth times!
Links from the episode:StockyOrder MetricsStock and BuyCin 7UnleashedTradeGeckoDearLocate FinaleNetSuiteSAP Business OneCloud IntegratorXeroNetoCrossbeamPayPalSignet & Cheers Sweetie (sponsored)Shopify Plus (sponsored)
Questions answered:What should an eCommerce business have in place to be ready for tax finalisation?What’s the best way to control inventory from a financial perspective?What are the most common tax mistakes made by businesses?
This episode was brought to you by… SignetShopify Plus
About your co-host: Tracey Newman from Bean NinjasTracey is an eCommerce tax agent and accountant. With Bean Ninjas, Tracey advises seven figure + eCommerce growth businesses.You can contact Tracey on LinkedIn
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