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Profit First for Ecommerce Sellers

Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine
Summary:

The book adapts the Profit First accounting methodology specifically for e-commerce businesses, providing strategies to manage finances by prioritizing profit and controlling expenses. It offers practical steps for business owners to implement a financial system that helps them to grow a profitable and sustainable online retail operation.

Key points:

1. Profit First Method: Change the accounting formula to take profit before expenses, ensuring profit is prioritized.

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