EPISODE 119 : 3 strategies to optimise cashflow for your e-commerce business

Running an ecommerce business and dealing with products comes with day to day challenges .. managing everything from product development, sources, packaging, logistics, deadlines, freight, geographical challenges to name a few.

However, one of the most crucial aspects of running a successful ecommerce business that’s often overlooked is Cashflow Management. Effective cashflow management can help avoid cash shortages, minimise your borrowing costs, and ensure that your business has the resources, cash resources, it needs to achieve long term success.

Check out these 3 strategies that you can implement now to optimise the cash for your ecommerce business long term. A x

Key moments from the episode..

• 1st Strategy : Ensure your margin and cost recovery process is solid [04:41]
• 2nd Strategy : Move that stock [10:38]
• 3rd Strategy : Setting yourself up to make more deliberate cash decisions with purpose [14:05]

Relevant links as mentioned..

Small Business Cashflow Course www.amybajada.com.au/sbcc