The Cash Crystal Ball Nugget

12 Days of Nuggets Day 6
Cyndi Thomason

In this video, Cyndi Thomason, Author of the bestselling book, Profit First for Ecommerce Sellers shares the “crystal ball” tool she uses with her clients to forecast into the future. The tool is a 13-week cash flow plan that helps your forecast income, inventory payments, profit first allocations, operating expenses including loan payments, etc to see your cash outlay week by week in the coming 13 weeks. Unlike accounting which looks backward, this tool allows you to look forward to seeing when you might have a cash shortage. Armed with this information, you will have enough time to increase sales or renegotiate payments, etc. The tool also helps you to align when your income comes in with when you have expenses hitting the bank. Creating this alignment makes your life less stressful!

 

Here’s a tool from Cyndi for you to use!

 

 

 

Cyndi Thomason is the author of the best-selling book, Profit First for Ecommerce Sellers, and an online course by the same name. She is a Mastery Level Certified Profit First Professional, Certified Fix This Next Coach, and the founder and president of Bookskeep. Her company consists of a virtual team located across the United States, providing progress Masters eCommerce business advising, Profit First consulting, and bookkeeping to e-commerce clients all over the world. Cyndi devotes much of her time speaking at various events such as ASD Market Week, SellerCon, Prosper, Ecommerce Fuel Live, and other industry events. She has also appeared as a guest speaker on many popular webinars and podcasts, such as Freedom Ticket with Kevin King, Bright Ideas with Trent Dyrsmid, and eCommerceFuel Podcast w/Andrew Youderian, and is a regular contributor to Inventory Lab and eComEngine blogs and newsletters. Cyndi’s book, Profit First for Ecommerce Sellers can be purchased at Amazon.com and other online and retail book stores.

 

Website: https://www.bookskeep.com/

 

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