Liabilities pile up in the daily activities of any business, and no successful ecommerce seller is immune to them. To help, we have broken down some of the most important liabilities to watch out for.
One of the biggest reasons why ecommerce businesses fail, is that they don’t know how much they’ve spent on unsold inventory. To avoid this problem, a good idea is to keep a well organized chart of accounts.
We’ve outlined everything you need to know about income and sales taxes for ecommerce businesses. Stay informed to save money and avoid any unpleasant surprises when tax time comes around.
As technology advances, so do the malware attacks cyber criminals perpetrate. Check out these common scams and how to prevent them.