E-Com Business Plans

Create a profitable plan for ordering, storing and delivering customer products.  Creating an ecomm website is the easy part.  What about the shipping?  Where is the product stored?  Do you have a financial model for how all those messy accounting transactions work?

Kick around your financial plan before it goes live on your ecomm.  Figure out what your profit margin will be.  Figure out when that third party warehouse is going to drain all the profit out of shipping.  Compare and contrast hiring a few customer service reps to outsourcing your customer service.

Here are somethings that you might consider:

  • Incoming Shipping and Freight
  • Outgoing Freight and Shipping
  • Warehousing
  • Merchant Fees
  • Cost of Goods Sold
  • Inventory Management
  • Adwords or Face Book Advertising
  • Uploading your product feed to Search Engines
  • IT Services
  • Web Hosting
  • Website Dev
  • Customer Security
  • Web Certificates
  • Apps
  • Social Media Advertising
  • Newsletters
  • Rent
  • Office Space
  • Insurance
  • Shipping Damage

 

Laura Dodson
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Laura Dodson

Laura Dodson, CPA is a Seattle Financial Planning & Analysis consultant.She has attended Western Washington University, Pierce College and Bates Technical College. She has written four accounting instructional books. She has worked for small family businesses, mid-sized businesses and a Fortune 500 company.She founded and operated Blue Stone Accounting LLC for five years.She currently runs Paper Butterfly Forge LLC.
Laura Dodson
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