What Accounting and Financial Metrics Should I Monitor as an Amazon Entrepreneur?

Whether you’re an Amazon entrepreneur or a brand owner, you need guidance with your financial metrics. You might be growing your business, but if you aren’t excellent with your finances, you could lose the money you thought you had. Nobody wants that! That’s why we’re excited to have Christian Rivera from The Ecommerce Accountant back to discuss daily and monthly financial health checks, outsourcing accounting and bookkeeping, the benefits and cautions of quick data from accounting softwares, as well as what to do now to improve your financials (especially if you didn’t realize until this episode that your financials are messier than you’d thought). We’ll see you in The PPC Den! Highlights 0:00 Intro– Fact: Indian food is the best food. 7:00 Financial health checks 8:12 What metrics should you track daily/ monthly? 9:50 What bookkeeping tasks should you own/ outsource? 13:55 Working with automated accounting softwares 17:09 Why you’ll want a third-party bookkeeper & tax-person 23:22 What to consider with e-commerce accounting in Q3 27:53 Do this now to make your financial life better 29:33 Outro– No accountant dance videos yet If you like what you hear, please give The PPC Den a 5-star review and share it with your friends! Resources & Links Where to find Christian, The Eccomerce Accountants E-Com Accountants Instagram Christian, the E-Com Accountant, Instagram How Should Amazon Professionals Optimize Tax Planning? Thank You for an Incredible Year! What Ad Metrics Should I Track Weekly for Amazon? Fletcher Tax & Bookkeeping Never miss the latest in Amazon PPC tips and best practices All our episodes and show notes Get a product tour of Ad Badger - Host and Executive Producer: Michael Erickson Facchin Guest Co-Host: Christian Rivera Senior Producer: Nancy Lili Gonzalez Video and Audio Editor: Pedro Moreno Graphic Designer: Karolina Facchin