The Top 5 Mistakes Remote Leaders Make (And How to Avoid Them) Do you lead a remote team? If so, you know that there are unique challenges and opportunities associated with leading people who are not located in the same physical space. Here at Nimbus eCommerce all our team members work remotely. We made this […]
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https://www.youtube.com/watch?v=ZqYD0pczVYA 4 Common Reasons Why Ecommerce Businesses Fail: What You Can Learn It is a sad fact that many new businesses fail. In fact, according to the US Statistics, more than half of them close within five years. There are many reasons why these businesses fail, but there are four common themes that arise time
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https://www.youtube.com/watch?v=vYAP1H8o_4E 5 Reasons Why Ecommerce Businesses Should Outsource Accounting When it comes to running an eCommerce business, the sooner you outsource your accounting, the better. Not only can doing so save you time and money, the advice and guidance of an industry expert will create a solid financial foundation for your eCommerce business and fast-track
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7 Benefits of Coworking Spaces for Online Businesses Coworking spaces are becoming more and more popular as the number of remote workers continues to grow. However, what many people don\’t realize is that coworking spaces offer a lot of benefits for entire online businesses, too. Let\’s take a look at seven reasons why online businesses
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Bank Reconciliations: What Are They and Why Do They Matter? If you\’re an eCommerce business owner, then you know that keeping your finances in order is of utmost importance. One important task in financial management is reconciling your bank transactions. But what are bank reconciliations, and why do they matter? Let\’s get into it. What
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Guide to Gross Profit Margin: How to Calculate It and Why It Matters If you\’re running an eCommerce business, it\’s important to understand what gross profit margin is and how to calculate it. This figure tells you how much money your business is making after accounting for the costs of goods sold. It\’s essential to
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A Quick Guide to Operating Profit Margin When running an eCommerce business, you need to keep a close eye on profits – but profit isn\’t a one-size-fits-all term. There are several different profit margins you need to know about, including operating profit margin. But what is your operating profit margin, and how does it differ
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We have covered the theoretical part of this FREE course \”Introduction to XERO and Benefits for eCommerce\” and now it’s time to move on to the practical part. Let\’s have a look at Lesson 6 – Xero business performance overview. To get a more detailed overview of the situation there are two useful tools, very quick
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Finally you click \”Approve\” button and the invoice is processed, it is booked in the system.
You need to entered the invoice total value, you should be looking at at the picture of this invoice at this moment
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You can link online payment methods, like PayPal or Stripe, with your Xero account. Then the payment link will be attached to the sales invoice and your customers will be able to pay instantly online. This significantly increases your chances of getting paid on time.
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