Tracking Amazon + Shopify Financials to Improve Profitability

Selling your product online is a great way to reach potential customers nationwide and almost every food and beverage business that I work with does. But, how do you know if your online sales are profitable?  If you can’t answer that question with confidence, you’re not alone. Nine out of ten business owners are unclear on how to gather financial details from the online platforms they sell through, and how to record them in Quickbooks. And, if you don’t have the data, you may not have the profitability you think you do.  In this episode I’ll be covering: 5 Reasons WHY recording income based on deposits isn’t the best method How to properly track your online income  The steps you should be taking each month to ensure you’re gathering + recording all the necessary financial information to evaluate your profitability on Amazon and Shopify  My recommendations for utilizing this new financial data to see the profitability of each channel + make informed decisions.  As a business owner you need accurate data to make fully informed decisions… So let’s get to it!  LINKS + RESOURCES Register for the “How to Record Amazon + Shopify Financials to Improve Profitability” Workshop.  Click here to learn more!  Sarah Delevan Consulting Website Profitability Roadmap Sarah’s Instagram: @sarah.delevan.consulting Connect with Sarah on LinkedIn Join the FREE Profitable Food Business Group hosted on Mighty Networks This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com