Acuity Accounting

Who better to cover process than our very own Chief Process Officer, Patti Scharf! 🪄 Today, she’s diving into process & automation for ecommerce sellers – breaking down the how, what, and why of workflows. ✅ Tune in on her YouTube channel ➡️ https://lnkd.in/e3ehAmip ✨ #ecommerce #entrepreneur #process #automation #acuity — Want more ecommerce tips from Patti? 🛒 Hit like + follow us for her recs on process & automation tools – coming soon! 👏

How much does each customer cost you to acquire? And how do you calculate this? 🤔 Over the past few weeks, we’ve covered everything from a basic overview of KPIs, cash burn rate, revenue – plus several metrics specific to ecommerce businesses (s/o Patti) 😃 Today, we’re diving into customer acquisition cost – or CAC for short! 💰 CAC is an important KPI for any business to track. Knowing your CAC helps you decipher whether your sales & marketing costs are sustainable. 👍 Listen up for Matthew’s tips on tracking CAC in this short video! 📝 #cac #kpi #metrics #startup #acuity --- Better data = better business decisions. 🌟 Get key insights you need to choose the best KPIs for your company, complete with formulas, examples, and tracking tips on our blog! 👉 https://lnkd.in/eXZtuYEz

Are you struggling to figure out how much inventory you need on hand to meet demand? 😨 Today, Patti’s talking about inventory forecasting for your ecommerce business. 📈 Discover her top inventory tips on YouTube ► https://lnkd.in/e7V5MJbF 👏 In the video, she covers: ► The ‘Goldilocks’ amount ✅ ► Demand impacts 🫡 ► Fulfillment impacts 📦 ► Tools to build your forecast ⚙️ #ecommerce #entrepreneur #inventory #forecasting #acuity — Interested in more ecommerce tips from Patti? Hit like + follow us – she releases new videos on Fridays! 💙

Saving time is critical for accounting professionals. In this In the Know episode, QuickBooks ProAdvisors ❤️🖤💚Nayo Carter-Gray, EA MBA, and Kenji Kuramoto join Jaclyn Anku to discuss the Accountant Batch Migration Tool. See how this feature can speed up your migrations from QuickBooks Desktop to QuickBooks Online in the latest episode: https://intuit.me/4bsSmFX

This week on Drink While You Think, Kenji Kuramoto & Matthew May share a cold beer and ask themselves – are accountants ‘cool’? 😳 Plus, they dive into recent venture capital activity and the Beneficial Ownership Information (BOI) Report. Watch the full episode on YouTube: https://lnkd.in/eXbE_Xtc! 🌟 Tune in for: – If You Don’t Do It Authentically, It Rings Hollow 🔔 – The Largest Venture Capital-Backed Exits 📈 – VC Activity Is High In Accounting/Tech 🧐 – What’s This Whole BOI Thing? 👀 – Taking Accounting Advice From TikTok 😬 🍺 What We’re Drinking 🍺 - Kenji is drinking Side Bae Double IPA from Wild Leap Brew Co. - Matthew is drinking Super Super Turbo Turbo from Halfway Crooks Beer. Interested in listening to the episode instead of watching? Tune in on your favorite platform – YouTube, Spotify, Google Podcasts, Apple Podcasts, or Amazon Music! 😍 #DWYT #drinkwhileyouthink #acuity #venturecapital #BOI — Want to see more DWYT on your feed? Like this post + follow us! 🥳

Last week, we dove into specific KPIs each startup should track, starting with cash burn rate. 🔥 Today, we're focusing on another key metric – revenue! 💰 Revenue isn't just a figure or milestone – it's a vital KPI that measures your startup's performance + potential. 🎯 Check out our guide below for info on tracking revenue in your biz + two examples of ways to calculate it. 🌟 #revenue #kpi #metrics #startup #acuity --- Ready to elevate your metrics game? 🚀 Get the insights you need to choose the best KPIs for your startup, complete with formulas, examples, and tracking tips on our blog! 👉 https://lnkd.in/eXZtuYEz

Got an 'IOU' to cash in from Acuity? 🤪 Get started with us today and enjoy up to $929 off. 😍 Claim this limited-time offer here 👉 https://bit.ly/4bk5b5E #bookkeeping #acuity #promo #accounting #trending

Do you need a crystal ball for running your business? 🔮 Today, Patti’s talking about forecasting for your ecommerce biz. 💵 Check it out on her YouTube channel ► https://lnkd.in/eCNJfJ2m In the video, she covers: ► How does forecasting help you? 💭 ► How to build a sales forecast + example 👷♀️ ► Using ecommerce analytics 🛍️ ► Things to pay attention to 👀 #ecommerce #entrepreneur #sales #forecasting #acuity — Ready for more ecommerce insights from Patti? Hit like + follow us – she drops new videos every Friday! 🥳

So, we gave a brief overview of KPIs last week – now, let’s talk about specific metrics that most companies should track. ✅ We're starting with cash burn rate – because as Matthew May says – “Cash is king.” 👑 Your cash burn rate tracks how much cash your startup “burns” or spends within a specific time period. 🔥 How much is your bank balance changing month over month? 🤔 And how quickly is your business using up its available cash? 👀 Tracking cash burn rate is a game-changer for startups and growing businesses – it helps you better manage cash flow, position your business to scale + give investors a good idea of how long your business can operate before raising more capital. 💰 Head over to our blog for the full scoop on calculating your cash burn rate – including formulas + examples: https://lnkd.in/eErGHQbz 🤓 #cash #cashburnrate #kpi #metrics #acuity — Hit like + follow us for more info on revenue, CAC, LTV, and the Rule of 40 – coming soon! 👏

“Budget” might be a scary (or boring) word, but here’s what you’re really doing…you’re building a scorecard for your business. 🏓 Do you have a budget for your ecommerce store? 🤔 Today, Patti’s talking budgets – tune in on her YouTube channel ► https://lnkd.in/epSfMt8H In the video, she covers: ► What’s the goal of your budget? 🎯 ► How to get started on building one 🛠️ ► Things you’ll want to include 📝 ► The importance of scoring yourself 👀 #budget #budgeting #ecommerce #entrepreneur #acuity — Want more ecommerce tips from Patti? 🛍️ Hit like + follow us – she drops new videos every Friday! 👏