You have full control of your ecommerce business. You’ve set up your online store on Shopify and are taking advantage of the cloud to sell your products 24/7 around the world. Unfortunately, most accountants don’t understand the dynamics of your business. But we do.
You’re running the whole show – sourcing product, handling customer service, marketing, competition, and maybe even hiring help. You’re in charge of everything, and sometimes that makes it difficult to do everything well. You sometimes wish you had a sounding board to help ensure you are headed in the right direction and using the most of your time and resources.
It’s challenging to know when you should be investing in more inventory, paying yourself more, increasing your marketing, or setting money aside for future needs. You need guidance on managing multiple credit cards, alternative financing (i.e., Kabbage or PayPal loans), or getting a bank loan.
Before your customers can decide which of your products they want to buy, they first need to be able to find you. You struggle with knowing how much money to spend on search engine optimization, Google Adwords, and other online marketing tools. You want to spend enough so that customers know about you but not so much that you’re wasting money.
You may know if you’re making a profit on what you sell, but you don’t know if that’s enough to support your overhead or the growing inventory needs for your business. You don’t know if you’re profitable overall, and you don’t know which of your products is making the most money.
You live and die by your listings and pricing. You struggle with pricing/repricing, wrestle with managing returns, and work hard for the best customer feedback you can get. You want to get orders to your customers as quickly and painlessly as possible without it costing you an arm and a leg.
You have to collect sales tax for sales wherever you have “nexus,” and if your pop-up store moves around a lot, that can be a lot of different jurisdictions to keep track of. And of course, you then need to remit those funds to the government. It’s just one more headache you don’t have time to deal with.
Catching Clouds provides a complete outsourced ecommerce accounting service for your Shopify business.
At Catching Clouds, we work very hard to make sure relationships are at the front of every account. We would love to get to know you and discover ways that our team can bring value to your ecommerce company. Click the button below to contact our team and get started with Catching Clouds! We look forward to working with you.