The eCommerce finance & accounting course that Shopify asked for.
I've been helping founders get their head around their numbers for years with my content.
It was so useful that Shopify asked me to create a course for them. Here it is (for free).
Sign up to the free
How to Build a Profitable Ecommerce Business
official Shopify course.
Who is it useful for?
Any founder of an eCommerce business doing 6 or 7 figures and wants to get confidence in their finances.
Unless you’re a trained accountant or have a few decades of corporate experience under your belt, getting a grip of your numbers can be no easy task.
The good news is that knowing your numbers is not rocket science.
In this course, we’ll share a simple, jargon free-way on how to build a profitable and sustainable eCommerce businessL
- How to calculate your profit and break-even point so you know if you have a good business.
- Cash flow and inventory tips so you never have a cash crunch ever again
- When to engage an accountant and bookkeeper, and what to expect from
- Help you calculate when you can afford to quit your job and focus 100% on growing your business.
In this course we will cut through all the noise and vanity metrics and teach you the one thing that will keep you in business - getting a handle of your finances.
What will I learn?
Module 1: A Simple Guide to your Profit and Loss Statement
Lesson 1: The Levers to Improve Your Sales
Lesson 2: How to Calculate Your Profit and Loss, and Why it Matters
Lesson 3: The Difference Between Net Profit and Gross Profit
Lesson 4: How to Calculate Your Break-even Point
Module 2: Cash Flow and Accounting Systems
Lesson 1: The Difference Between Profit and Cash Flow
Lesson 2: Cash vs. Accruals Accounting and Getting Setup with Accounting Software
Lesson 3: What does an Accountant and Bookkeeper Do For My Business?
Module 3: Financial Management 101
Lesson 1: What Numbers Should I Be Looking at Regularly?
Lesson 2: When can I Afford to Quit my Job and Run my Business Full-time?
Conclusion and Next Steps
