Tax Time Checklist for eCommerce retailers with Tracey Newman from Bean Ninjas | #085 - a podcast by Nathan Bush
from 2021-05-30T19:00:12
In this episode of Add To Cart, we are joined by Tracey Newman from Bean Ninjas. Bean Ninjas specialises in chartered accounting, bookkeeping, technology and education to help seven-figure eCommerce businesses continue to grow profitably. That’s all they do - finance for eCommerce businesses! We ask Tracey all about what eCommerce businesses should do to prepare for the end of year tax lodgement and planning for the new financial year. But this conversation goes far beyond this, including the best technology to improve financial visibility and the difference between fixed, variable and extraordinary costs that you need to keep on top of - especially at high growth times!
Links from the episode:
Signet & Cheers Sweetie (sponsored)
Questions answered:
- What should an eCommerce business have in place to be ready for tax finalisation?
- What’s the best way to control inventory from a financial perspective?
- What are the most common tax mistakes made by businesses?
This episode was brought to you by…
How do you like your cocktail gift boxes? Shaken? Maybe. Stirred? Perhaps. Broken? Definitely not. Cocktail giftining company, Cheers Sweetie, were finding that they were regularly coming up against broken items when mailing their gift boxes all over Australia. Not only was iot costing them money but it was a horrible customer experience. Working with our packaging supplier partners, Signet, Cheers Sweetie added an outer protective layer and internal cushioning - all while remaining environmentally friendly. They are now saving over $6,000 a year in broken items. Cheers to that. Visit signet.net.au/blog to find out more.
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About your host: Nathan Bush from 12HIGH
Nathan Bush is the founder and lead strategist at eCommerce consultancy, 12HIGH. He has led eCommerce for businesses with revenue $100m+ and has been recognised as one of Australia’s Top 50 People in eCommerce four years in a row. You can contact Nathan on LinkedIn, Twitter or via email.
About your co-host: Tracey Newman from Bean Ninjas
Tracey is an eCommerce tax agent and accountant. With Bean Ninjas, Tracey advises seven figure + eCommerce growth businesses.
You can contact Tracey on LinkedIn
Please contact us if you:
- Want to come on board as an Add To Cart sponsor
- Are interested in joining Add To Cart as a co-host
- Have any feedback or suggestions on how to make Add To Cart better
Email hello@addtocart.com.au We look forward to hearing from you!
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Further episodes of Add To Cart
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