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💲 Upcounting - Unlock your eCommerce brand’s massive growth! UpCounting scales your business by bringing diverse expertise under one roof, saving you time and avoiding the pitfalls of outsourcing to multiple companies🔗 https://www.upcounting.com/💰 Channel Segmentation: Treat each sales channel (DTC, wholesale, Amazon) as a separate business unit with distinct financial characteristics, including cost structures, cash conversion cycles, and marketing strategies.📊 Accurate COGS: Regularly reconcile accounting COGS with actual inventory costs to prevent miscalculations that can significantly impact profitability and decision-making.⏰ Cash Flow Forecasting: Implement a weekly cash flow forecast to anticipate shortfalls, plan for investments, and make informed decisions about marketing spend and inventory management.🤝 Receivables Management: Understand the complexities of managing receivables, especially in wholesale, to avoid delays and potential cash flow crunches. Proactive communication and monitoring are crucial.⚖️ Debt vs. Equity: Carefully weigh the pros and cons of debt and equity financing based on the specific use case, cost of capital, risk tolerance, and long-term strategic goals. Short-term needs might favor debt, while longer-term, riskier ventures might justify equity.
