This episode is a must-listen for product-based ecommerce businesses looking to master their finances and inventory. Ciara Stockeland breaks down how to adapt the "Profit First" method for inventory-heavy models and highlights critical financial metrics every entrepreneur needs to track. Gain actionable strategies to ensure profitability and sustainable growth, even amidst scaling challenges.
Inventory and finance are the least enjoyable parts of running a product-based business, but they're also the most important. If you don't have a handle on these numbers it's very difficult to stay profitable especially as you scale. Learn how you can tweak the profit-first method to fit your inventory business and the most important things you need to understand about your business financials. _______ Episodes Mentioned ep. 145. How to Manage Your Inventory https://ecommercebadassery.com/how-to-manage-inventory/ _______ Important Links The Quickstart to Inventory Genius* https://www.ciarastockeland.com/a/2147521502/RZFVqBvo The Inventory Genius Book https://www.ciarastockeland.com/book The Inventory Genius Podcast https://www.ciarastockeland.com/podcasts/the-inventory-genius-podcast Full Episode Show Notes http://ecommercebadassery.com/229 _______ Let's Connect Website: http://ecommercebadassery.com Instagram: http://instagram.com/ecommercebadassery Membership: http://ecommercebadassery.com/membership _______ Rate, Review, & Subscribe Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear. Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683 This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy