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Podcast: What's Working in Ecommerce
Episode: Mastering CashFlow and Profitability: The Key to Ecommerce Financial Success with Wayne Richard
Description: In this episode of "What's Working in E-commerce", Eagan Heath talks with Wayne Richard, CEO of Bean Ninjas, about the accounting challenges faced by ecommerce businesses.  Richard emphasizes the importance of understanding cash flow, profitability, and financial literacy. He introduces the concept of accrual accounting and a tool called the cash conversion cycle to help sellers analyze their cash flow.  Richard also presents the Margin Calculator Plus, a tool for analyzing expenses and identifying cost-saving opportunities.  The conversation concludes with Richard explaining how Bean Ninjas can assist ecomme...